Trading news

Daily Review 18/07/2014

EURUSD

Due to the geopolitical tension in regards with the Malaysian Jet shot down near Russia with a tragic ending causing 398 peoples deaath, Asian indicies are genarally down. Tokyo slid more then 1%. After house prices data showed a weak performance real estate stocks pushed Shanghai higher. European stock markets ended sharply lower on Thursday likewise Wallstreet after the Ukraine-Russia conflict intensified, with a passenger jet reportedly downed over Ukrainian airspace. Dow and S&P fell 1% and Nasdaq lost 1.5%. US 10 year bonds also drop 2.45%.Stoxx Europe 600 also fell 0.9% to 339.74 after positing the biggest one-day percentage gain since April on Wednesday. Elsewhere, Germany’s DAX fell 1.1%, France’s CAC slid 1.2% to 4316.12 and UK’s FTSE dropped 0.7% to 6738.32.Today market focus in Euro zone Current Account, in German Buba President Weidmen speech, in U.S Reuters/Michigan Conusmer Sentiment index, CB Leading indicator, in CAD Bank of Canada Consumer Price index,Wholesale sales datas. Yesterday EURUSD pair forced 1.3515 level with thin selling pressure. Today EURUSD pair moving on the 1.3524 level. If in this day 1.35 level supported can be forced 1.3550 resistance level. Over breaking 1.3550 resistance level can be seen 1.36-1.3650 resistance levels. Today if 1.35 support level breaks can be forced 1.3475-1.3450 support levels. Under breaking 1.3450 support level can be targeted 1.3380 support level with selling pressure.



GBPUSD

Yesterday GBPUSD pair forced 1.7084 level with thin selling pressure. Today cable again moving on the 1.7108 level. If in this day 1.7100 level supported  can be forced again 1.7160 resistance levels. Over breaking 1.7160 resistance level can be seen 1.7190-1.7215 resistance levels. If 1.7215 resistance level breaks can be targeted 1.73 resistance level.Today if 1.7115 support level breaks  pullback motion can be forced 1.7060 support level. Under breaking 1.7060 support level can be seen 1.7015- 1.6960 support levels. If 1.6960 support level breaks can be targeted 1.69 support level with selling pressure.



GOLD

Under the geopolitical tension gold gained its safe haven role in the financial system on news of Ukraine and Gaza. Yesterday gold price climbed 1323 dolar level with reaction buying. Today gold price moving on the 1312 dolar level.  If in this day 1310 level supported can be forced again 1315-1325 resistance levels. Over breaking 1325 resistance level can be seen 1335-1345 resistance levels. If 1345 resistance level breaks can be targeted 1355-1365 resistance levels. Today if 1310 support level breaks pullback motion can be forced 1305-1295 support levels. Under breaking 1295 support level can be seen 1285-1275 support levels. If 1275 support level breaks can be targeted 1265 support level with selling pressure.



Friday, 18 Jul, 2014 / 1:07

Source : http://www.gkfx.com/EN/daily-analysis

Trading news

 

Aussie jobs data disappoint

Thursday's Australian labour force data delivered another blow for the RBA [...]

Posted on Friday, 14 Jun, 2019 / 2:16 under

AETOS Market Commentary 14/06/2019

AETOS Market Commentary  14/06/2019 EURUSD The euro closed lower on [...]

Posted on Friday, 14 Jun, 2019 / 8:23 under

Oil Gains on Tanker Attacks, Investors Await US Retail Sales

Oil prices rose yesterday following attacks on two oil tankers in the Gulf of [...]

Posted on Friday, 14 Jun, 2019 / 7:24 under