indiTraders - Forum for the Active Indian Trader  

Go Back   indiTraders - Forum for the Active Indian Trader > Technical > Technical Analysis

Technical Analysis The technical arena of indiTraders

Reply
 
Bookmark and Share LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old 18-11-2016, 07:39 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default

USD/JPY signal by Option Banque

From 110.700
Till 111.220

Buy Option Digital
Direction Call
Expiry GMT 21:00 18/11/2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 18-11-2016, 10:42 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default Oil Market Outlook by Option Banque

Firmer Dollar Overshadows Speculation Over OPEC’s Output Cut

WTI crude ticked higher on Friday, heading for its first weekly gain in the last four week amid hopes that the Organization of the Petroleum Exporting Countries (OPEC) might agree to curb oil production at the end of the month.
According to market sources, OPEC is on track to finalize its first deal to limit output since 2008. OPEC members gathered on the sidelines of a gas forum in Doha on Friday to discuss about the tentative deal they reached in September and attempt to set production limits for individual countries.

Reuters reported that Iran was proposed to cap its oil output at 3.92 million barrels per day (bpd) at the meeting. Tehran had yet to respond to the proposal. However, its OPEC governor, who attended Friday’s talks, said he was optimistic that the cartel could reach a deal when it gathers formally in Vienna on Nov. 30.
After meeting with OPEC members, Russian Energy Minister Alexander Novak said he was more confident an output deal could be reached between Moscow and the group to help to boost oil prices.

A stronger dollar restrained the oil’s rally on Friday as it makes oil more expensive in other currencies. The greenback has strengthened since Federal Reserve Chairwoman Janet Yellen’s testimony on Thursday which bolstered expectations that the central bank will raise interest rates next month.

Other Fed officials also expressed hawkish sentiment towards the U.S. rates. Speaking at a press conference on Friday, New York Fed President William Dudley stated that the post-election market reaction is not concerning in terms of planned interest rate rises. He also added that “The movement in markets seems consistent with the change in expectations of how economic policy might evolve”.

St. Louis Federal Reserve President Bullard, who is a voting member of the U.S. central bank’s rate-setting committee, contributed to fueling the dollar, saying that he is leaning toward supporting an interest rate increase in December.


Fig: Oil D1 Technical Chart

Crude oil scaled back from the support at 44.50 but the upside seems limited as prices have been restrained by the resistance at 23.6% and the short-term MA20. Long upper shadows in the last three candles show a strong bear that have prevented buyers to push the price higher. WTI crude price may retest the support at 44.50.

Trade suggestion
Buy Digital Put Option from 45.00 to 44.60 valid until 20:00 GMT November 18, 2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #13 (permalink)  
Old 21-11-2016, 07:10 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default Daily Report on November 21, 2016 by Option Banque


Daily Report on November 21, 2016



European shares were trading lower in the morning session after opening higher on Monday. Meanwhile, commodity prices rebounded as the dollar’s rally lost its stream. The dollar index, which measures the strength of the greenback versus a basket of major currencies, slid by 0.35% to 101.06 after soaring to the highest level since April 2003 last Friday. Dollar-dominated metals such as nickel, copper and zinc gained at least 2 percent.

Oil jumped around 1% on Monday thanks to optimism OPEC will reach a supply-cut deal later this month. OPEC was reported to move closer to its output cut agreement as Iran, which has been ramping up its crude production to regain lost market share following years of sanctions, may be given an exemption if it agrees to at least cap its output at the current level. Iranian Oil Minister Bijan Namdar Zanganeh met OPEC’s secretary-general Mohammed Barkindo in in Tehran on Saturday to discuss a proposal that offers Iran to reduce output by as much as 1.3 million barrels a day.

The euro gained more than 0.4% today after German chancellor Angela Merkel on Sunday said that she would seek re-election as chairwoman of her party and contest next year’s federal election

Elsewhere, China and New Zealand were reported to have agreed to start formal negotiations to upgrade their bilateral free trade agreement (FTA). The first round of the negotiation process would begin in the first half of 2017. China has become New Zealand's largest goods export partner with about NZ$12.2 billion ($8.54 billion) of goods and services exported to China in the year to June. An upgraded agreement could benefit both countries, especially the world's largest dairy exporter.



Technicals

USDCAD



Fig: USDCAD H4 Technical Chart

In general, USDCAD has been trading in a range from 1.34000 to 1.35700, which is also the 50% retracement. The pair has been on a slide since it reversed lower from the upper boundary and has crossed over a couple of MAs at around 1.34700, which suggests further declines. With RSI index falling below the 50 line, USDCAD is expected to retest the lower boundary.

Trade suggestion

Buy Digital Put Option from 1.34500 to 1.34000 valid until 20:00 GMT November 21, 2016



EURUSD



Fig: EURUSD H4 Technical Chart

EURUSD has been trading sideways to higher since last Friday but a weak bullish momentum which has helped prevent the pair from falling deeper seems not strong enough to beat downward pressure from the short-term MA20. The pair is likely to reverse lower and approach the lowest level since late November 2015 at around 1.05.

Trade suggestion

Buy Digital Put Option from 1.06200 to 1.05700 valid until 20:00 GMT November 21, 2016



Sugar



Fig: Sugar H4 Technical Chart

Sugar bottomed out near 20.00 level. The price fell off from a triangle pattern and broke below the 23.6% retracement at 20.80. As can be seen from the stochastic chart, the market has escaped from the oversold zone with the %K line and %D line heading upwards. As a result of a market correction, sugar may retest the resistance at 23.6% level.

Trade suggestion

Buy Digital Call Option from 20.45 to 20.80 valid until 20:00 GMT November 21, 2016



WTI



Fig: WTI H4 Technical Chart

WTI crude oil has breached the 23.6% again following a few failed attempts. Basically, the pair has been supported by two MAs moving below the price action. RSI index is edging higher, suggesting strengthening bullish force. The commodity price is anticipated to attempt the resistance at 47.30.

Trade suggestion

Buy Digital Call Option from 46.50 to 47.30 valid until 20:00 GMT November 21, 2016



DAX



Fig: DAX 30 H4 Technical Chart

Germany’s DAX 30 index is swinging back and forth around the 10700.00 level. The short-term MA20 has twisted with the price action, suggesting indecisive moves. However, a RSI that remains in the bullish zone indicates a market in favor of buyers which may send the price to the resistance at 10800.00.

Trade suggestion

Buy Digital Call Option from 10730.00 to 10800.00 valid until 20:00 GMT November 21, 2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #14 (permalink)  
Old 21-11-2016, 07:19 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default Wheat Trade Idea by Option Banque

Dry Weather And Reduced Planting Sustain Wheat Price’s Rally

U.S. wheat soared on Monday, extending its gains to the third straight trading session. Wheat futures prices hit an eleven-day high amid expectations over continued dry weather and reduced plantings.

According to an agribusiness economist at National Australia Bank, U.S. farmers will plant less wheat. Private analytics firm Informa Economics last week lowered its forecast of U.S. winter plantings for harvest in 2017 to 33.761 million acres from 35.421 million.

Meanwhile, as indcated by the latest weekly US Drought Monitor report, drought expanded last week in much of the US Southeast and Plains states including Oklahoma, Kansas and Colorado. The US Climate Prediction Center forecast drought persisting in those regions through February.

Trade suggestion
Buy Digial Call Option from 410.00 to 411.75 valid until 20:00 GMT November 21, 2016

Start Trading Binary Options on Indices, Commodities And Hundreds of Other Markets With Option Banque Now!
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #15 (permalink)  
Old 21-11-2016, 11:08 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default GBP/AUD signal by Option Banque

GBP/AUD signal by Option Banque

From 1.69600
Till 1.70000

Buy Option Digital
Direction Call
Expiry GMT 21:00 21/11/2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #16 (permalink)  
Old 21-11-2016, 11:13 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default

S&P 500 Sets New Record High, Energy Sector Dominates The Market

U.S. equities rose to records on Monday although gains were modest. The rally was powered by a strong surge in oil prices and a pullback in the greenback.

The S&P 500 index topped its all-time intraday high of 2,193.43 recorded August 15th on in late-morning trade, led by energy stocks. Oil prices reached three-week highs on Monday, boosted by expectations that OPEC was closing in on a deal to cut production. The energy sector led the gainers among 11 major S&P sectors, rising 2.2 percent.

Meanwhile, the U.S. dollar lost its luster following a long rally. The dollar index, which measures the currency against a basket of six currencies, dropped 0.39% as Treasury yields tumbled.

Trade suggestion
Buy Digital Call Option from 2194.00to 2200.00 valid until 20:00 November 22, 2016

Start Trading Binary Options on Indices, Commodities And Hundreds of Other Markets With Option Banque Now!
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 22-11-2016, 11:34 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default USDCAD trade idea by Option Banque

Lifted By Retreating Crude Price, USDCAD Reverses Higher

USDCAD turned higher after two days of declines. The pair was boosted by a weaker oil price and mixed Canadian retail sales reports.

Crude oil pulled back on Tuesday, heading to close lower on concerns that Iran and Iraq – two OPEC members that are trying to get an exemption from any output-cut deal – may not be ready to agree on an OPEC output freeze agreement after prices had rose to the highest level this month on reports cartel members were moving closer to finalizing the agreement.

Also supporting the dollar versus the Loonie, Canadian retail sales missed forecast in September while the so-called core index was unchanged. According to data from Statistics Canada showed on Tuesday, auto purchases, which climbed for the first time in three months, helped retail sales rise 0.6 percent, falling short of expectations calling for an increase of 0.7%.

Trade suggestion
Buy Digital Call Option from 1.34600 to 1.35000 valid until 20:00 GMT November 23, 2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 22-11-2016, 11:38 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default Copper Market Outlook by Option Banque

Copper Continues To Takes Off, Will There Be A Correction Soon?

Copper prices jumped 2% to a one-week high on Tuesday, powered by signs of tighter supply and renewed optimism that the world’s top two economies can sustain the metal’s demand growth.

Copper has been on a rally since late October thanks to reports that pointed to renewed acceleration of global factory activity, which suggests commodity markets are entering a cyclically stronger environment.

According to market sources, on the supply side, supply seems to be tighter than expected. As stated by a report by the International Copper Study Group, an intergovernmental industry body, global copper supply may turn to a deficit after recent periods of surplus.

In a bid to buoy the rally, the Chinese are buying up copper as a hedge against yuan depreciation. China’s yuan rebounded against the U.S. dollar but still hovered near 8-1/2-year lows. Not only has speculation over a December rate hike fueled the dollar, but Trump’s election win also helped the outlook for the greenback also remained bullish a over the past several days. To cool down the rally of metal prices in general, the Shanghai Futures Exchange said it would raise margins and trading limits on futures contracts including copper and other industrial metals.


Fig: COPPER D1 Technical Chart

Copper extended its gains to the second straight session, heading upwards to attempt the resistance at 2.5700. The rally seems limited as the market has still remained in the oversold zone. As indicated by the RSI chart which shown the index is at 75.49, a correction is much likely to happen.

Trade suggestion
Buy Digital Call Option from 2.5440 to 2.5700 valid until 20:00 GMT November 23, 2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #19 (permalink)  
Old 23-11-2016, 03:16 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default AUD/CAD signal by Option Banque

AUD/CAD signal by Option Banque

From 0.99900
Till 1.00300

Buy Option Digital
Direction Call
Expiry GMT 21:00 23/11/2016
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #20 (permalink)  
Old 23-11-2016, 03:21 PM
Option_Banque Option_Banque is offline
Regulars
 
Join Date: Jul 2015
Posts: 903
Thanks: 0
Thanked 16 Times in 16 Posts
Option_Banque is on a distinguished road
Default

FTSE 100 Boosted By Commodity Stocks, Traders Await Hammond

U.K. shares extended their gains following a 0.6% advance on Tuesday. The benchmark FTSE 100 head for closing higher for the third straight day, lifted by commodity stocks while investors were waiting for a key update on the U.K. government’s spending plans

The rally of the FTSE 100 index on Wednesday was inspired in part by a second-straight record-breaking session for major indexes in Wall Street, including the Dow Jones Industrial Average DJIA which finished above 19,000 for the first time yesterday.

All sectors were in the positive territory in London, led by basic materials stocks. Precious metals mining companies topped the index. Africa focused gold mining and exploration company Randgold Resources Limited topped the index, soaring 3.01% while the Mexican-based gold and silver miner Fresnillo PLC surged 3.75%.
Shares of Glencore PLC gained 1.2% as those of BP PLC and Rio Tinto PLC added nearly 1%. BHP Billiton PLC gained 1.87%.

At 12:30 GMT on Wednesday, U.K. Chancellor of the Exchequer Philip Hammond is due to deliver his “autumn statement” to parliament. The statement will be highly watched as the finance minister will not only lay out the government’s first tax and infrastructure spending plans since the country’s Brexit vote in June to leave the European Union, but also announce government’s economic forecasts and budget goals.


Fig: FTSE 100 Index Technical Chart

FTSE 100 index has been trading comfortably above two MAs which are hanging below the price action. The index is anticipated to keep edging higher as buyers are showing signs of becoming stronger. Coupled with signal from RSI index that is pointing upwards, the ADX indicator window confirms the uptrend with the divergence between the +DI and -DI lines.

Trade suggestion
Buy Digital Call Option from 6865.00 to 6900.00 valid until 20:00 GMT November 23, 2016

Start Trading Binary Options on Indices, Commodities And Hundreds of Other Markets With Option Banque Now!
__________________
Become A Part Of Option Banque and benefit from the best offerings in the industry including Huge Tradeable Bonuses, Risk Free Trades, Account Insurance Against Losses, Cash Backs, Auto Trader, Social Trading and a lot more.

Up for the profit? So what are you waiting for? Get in touch with us today and let's get you on your way to profit.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

indiTraders - Forum for the Active Indian Trader > Technical > Technical Analysis


Tags
binary options, daily report, market research, technical analysis, trade ideas, trade signals, trade suggestions

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are On
Refbacks are On



All times are GMT +5.5. The time now is 06:02 AM.


vBulletin Copyright by vBulletin

Content Relevant URLs by vBSEO 3.3.2