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

NordFX
Reply
 
Bookmark and Share LinkBack Thread Tools Display Modes
  #81 (permalink)  
Old 16-12-2016, 11:45 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default

Russian Producers To Comply Output-Cut Deal, Supporting Crude Prices

Crude oil futures advanced on Friday, spurred by a weakening U.S. dollar and reports indicate that major oil producers will comply with recent agreements to reduce their oil production.

Brent crude soared 1.7% to nearly $55 per barrel after Russian Energy Minister Alexander Novak stated today that all Russian oil companies including state-controlled Rosneft had agreed to trim their crude oil output on the back of the agreement Russia signed with the Organization of Petroleum Exporting Countries over the last weekend.

Before that, Kuwait and Saudi Arabia have also notified customers that they will cut beginning in January.

Trade suggestion
Buy Digital Call Option from 55.00 to 55.40 valid until 20:00 GMT December 16, 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
  #82 (permalink)  
Old 19-12-2016, 03:08 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default Dollar Remains Strong Against Euro And Gold, BOJ Meeting Expected

Dollar Remains Strong Against Euro And Gold, BOJ Meeting Expected

The U.S. dollar’s bull ran out of steam on Friday when the currency retreated from a 14-year high on Friday following a rally coming after Fed’s first rate hike in a year. The U.S. dollar index edged lower against a trade-weighted basket of six major currencies, but remained near Thursday’s peak of 103.55, a level not seen since December 2002.

For the week, the index soared around 1.3% as the U.S. Federal Reserve increased its benchmark rates by 0.25 percentage point on Wednesday and signaled a prospect of a more-aggressive rate-hike path in 2017. The central bank’s President Chair Woman Janet Yellen stated that the Fed may raise rates more quickly than previously anticipated with three rate increases in 2017, which is up from the two hikes predicted in September.

In the week ahead, there will be not much in the way of U.S. data but the release of Thursday’s final reading on U.S. third quarter gross domestic product. Market players will be eyeing fresh indications on the strength of the economy and further hints on the future path of monetary policy.

Closing the week, the Japanese Yen fell to 117.97 per dollar, trimming its losses to 2.2% on the week after dropping to Thursday’s 11-month trough of 118.65. The Bank of Japan is expected to hold its negative interest rates and 10-year government bond yield target steady at its monetary policy meeting on Tuesday.

Also on Tuesday, the Reserve Bank of Australia is scheduled to publish the minutes of its latest monetary policy meeting. Investors will be looking for insight into how the RBA’s officials view the economy and their policy options.

Last week was also a big loss for the euro when the single currency plummeted more than 1% and fell as low as 1.0365, the weakest level since January 2003. The pair EURUSD rebounded on Friday, finishing the week at 1.0450.

Gold prices recorded its sixth straight weekly decline on Friday, weighed by expectations for higher U.S. interest rates in the months ahead. Gold for February delivery on the Comex division of the New York Mercantile Exchange ended its last session of the week at $1,137.40 a troy ounce, pulling back from $1,124.30 logged on Thursday, a level not seen since February 2.

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
  #83 (permalink)  
Old 19-12-2016, 03:11 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default

USD/JPY signal by Option Banque

From 117.000
Till 116.000

Option Digital
Direction Put
Expiry GMT 21:00 19/12/2016
__________________
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
  #84 (permalink)  
Old 19-12-2016, 03:42 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default

FTSE 100 Trims Losses After Sagging In Early Trade

U.K. shares pared losses after opening lower in early trade on Monday, as declines among metals producers overshadowed gains in shares of oil producers. The FTSE 100 index retreated 0.2% after finishing last week at 7,011.64, the highest close since Oct. 25.

Metal prices fell on Monday following data from China that showed growth of housing prices slowed down in November from the month before. According to the report from the National Bureau of Statistics, China’s average price of new homes in 70 cities rose 0.6% in November compared to a 1.1% gain in October thanks to the government’s stringent property-buying controls in major cities and greater scrutiny of loans made to developers.

Mining shares struggled with Anglo American PLC losing 1.5%, Rio Tinto PLC down 1.2%. Antofagasta PLC and BHP Billiton PLC shed 1.64% and 0.46%, respectively.
Meanwhile, a firmer crude price supported stocks of oil producers. BP PLC shares gained ground, rising 0.92% and Royal Dutch Shell PLC added 0.42%.

Trade suggestion
Buy Digital Call Option from 7020.00 to 7035 valid until 20:00 GMT December 19, 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
  #85 (permalink)  
Old 19-12-2016, 11:36 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default Daily Report on December 19, 2016 by Option Banque


Daily Report on December 19, 2016



The U.S. dollar, Treasuries bond yields and global shares declined on Monday after soaring last week. Asian equities fell a four-week low with MSCI's broadest index of Asia-Pacific shares outside Japan extending its losses for the third straight day, shedding 0.3 percent. European stocks also declined as investors cashed in profit. After having reached the highest level of the year on Friday, the Stoxx 600 Index retreated, weighed by bank stocks.

The dollar index ticked lower, as heightened geopolitical tensions over China’s seizure of a U.S. naval drone magnified bearish sentiment on the greenback which resulted from profit-taking following the currency’s rally since 2008.

Crude prices extended their gains on Monday on the back of a weakening U.S. dollar and anticipation that oil supplies will be tighter next year following the output-cut deal between OPEC and non-OPEC members. Almost 1.8 million barrels per day in global supply will be curbed from January 2017. However, U.S. producers, who did not join the production cut deal, are coming back to the market to take advantage of higher oil price. According to energy services firm Baker Hughes, drillers in the U.S. added 12 oil rigs in the week to Dec. 16, bringing the total to 510, the highest since January.

Metal prices fell on Monday following data from China that showed growth of housing prices slowed down in November from the month before. According to the report from the National Bureau of Statistics, China’s average price of new homes in 70 cities rose 0.6% in November compared to a 1.1% gain in October thanks to the government’s stringent property-buying controls in major cities and greater scrutiny of loans made to developers.

Elsewhere, Australia Treasury reported its Mid-Year Economic and Fiscal Outlook on Monday, stated that the government forecast a A$10 billion deterioration in its budget deficit over the next four years. The update has mounted concerns about a cut in the country's prized triple-A rating but S&P Global Ratings said the update had no immediate impact on the rating. Nonetheless, the rating agency still warned more revenue or saving steps would be needed to get back to surplus.



Technicals

USDCAD



Fig: USDCAD H4 technical chart

USDCAD rebounded from the 38.2% Fibonacci level at around 1.33100 and is heading upwards to the resistance at 1.34000. In a long term, the pair has been in a downtrend with lower highs formed along the way. In addition, the RSI has neared the oversold zone. Therefore, the upside seems limited.

Trade suggestion

Buy Digital Call Option from 1.33650 to 1.34000 valid until 20:00 GMT December 19, 2016



USDJPY



Fig: USDJPY H4 technical chart

USDJPY has rebounded from the short-term 20-period moving average at 117.200 after a slide that sent the market near the oversold zone. As can be seen from the stochastic chart, the %K line has crossed over the %D line from below, suggesting a potential reversal into an uptrend.

Trade suggestion

Buy Digital Call Option from 117.600 to 118.300 valid until 20:00 GMT December 19, 2016



GBPCHF



Fig: GBPCHF H4 technical chart

After falling out of an upwards slopping trendline, the pair GBPCHF attempted to get back to the uptrend. However, the one-time support has turned into a new resistance which is putting pressure on the pair. RSI has move past the 50 line, indicating a strengthening bearish momentum.

Trade suggestion

Buy Digital Put Option from 1.27500 to 1.27000 valid until 20:00 GMT December 19, 2016



WTI



Fig: WTI H4 technical chart

U.S. crude price is struggling around the resistance at 52.30 – the solid level that has been played as both resistance and support for the price since early this month. As the market has been in a bullish zone, the crude price may break above this handle and soar higher.

Trade suggestion

Buy Digital Call Option from 52.40 to 53.10 valid until 20:00 GMT December 19, 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
  #86 (permalink)  
Old 19-12-2016, 11:41 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default

USDJPY Plummets Ahead Of BOJ’s Policy Decision

The dollar lost ground to its Japanese counterpart on Monday after six consecutive weeks of trading higher. The pair USDJPY fell nearly 1% to as low as 116.616 due to geopolitical tensions over China’s seizure of a U.S. naval drone that magnified bearish sentiment on the greenback which resulted from profit-taking following the currency’s rally since 2008.

The Bank of Japan will hold its final meeting of the year 2016 on Tuesday. The bank is expected to leave policy unchanged as a weakening yen in the last one and a half month has helped boost Japanese exports and inflation expectations.

Meanwhile in the U.S., Federal Reserve Chairwoman Janet Yellen is due to have a speech on the job market at 1:30 p.m. EDT. Yellen’s appearance comes less than a week after the U.S. central bank decided to hike rates and indicated a faster pace of rate increases next year than had previously been expected.

Trade suggestion
Buy Digital Put Option from 117.000 to 116.000 valid until 20:00 GMT December 19, 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
  #87 (permalink)  
Old 20-12-2016, 04:39 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default Daily Report on December 20, 2016 by Option Banque


Daily Report on December 20, 2016



Asian shares declined on Tuesday amid rising political uncertainties globally. Russia’s ambassador to Turkey was shot dead at an Ankara art exhibit by a lone Turkish gunman on Monday evening. The assassination of Russia’s envoy was believed to be a backlash against Russian military involvement in the Syrian civil war. Also contributing to sapping investor confidence in risky assets is violent incidents in Germany which killed 12 people and injured 48 others. Berlin police said they didn’t have firm evidence on whether this was a deliberate attack or just an accident.

The Japanese Yen, which is considered to be one of safe-haven assets, weakened in such a fragile stock market as the Bank of Japan left its monetary policy unchanged. The central bank kept its rate on some bank reserves intact at -0.1 percent and preserved its pledge to keep the yield on the 10-year Japanese government bond at around 0 percent.

As widely expected by economists, the BOJ upgraded its assessment of the economy on Tuesday, forecasting real gross domestic product will rise 1.5 percent in the next fiscal year starting April 1, nominal growth will increase to 2.5 percent and overall consumer prices will advance 1.1 percent. However, inflation expectations will remain in a weakening phase, it said.

Crude prices ticked lower on Tuesday with U.S. West Texas Intermediate crude oil futures trading at $51.87 per barrel while International Brent crude oil futures at $54.78 per barrel, both down from their last settlements. Traders began to unwind positions ahead of the upcoming Christmas weekend and the week running up to New Year.



Technicals

AUDUSD



Fig: AUDUSD H4 Technical Chart

AUDUSD is moving in a thin range after falling as low as 0.72420. The pair broke out of an upwards trading range last Wednesday and has been nose-diving since then. The pair has crossed over two major Fibonacci levels at 38.2% and 50.0% and is likely to test another important support at 61.8%.

Trade suggestion

Buy Digital Put Option from 0.72400 to 0.72100 valid until 20:00 GMT December 20, 2016



USDCHF



Fig: USDCHF H4 Technical Chart

USDCHF reversed higher on the support of the short-term MA20. The pair was on a slide since it reached the high at 1.03430. Nonetheless, a short correction could not sustain its bearish momentum and had to give up its strength. Buyers have jumped in and may support the pair to re-attempt the 100% Fib. level.

Trade suggestion

Buy Digital Call Option from 1.02900 to 1.03300 valid until 20:00 GMT December 20, 2016



Natural Gas



Fig: Natural gas H4 Technical Chart

Natural gas prices are ticking downwards under pressures from the short-term 20-period moving average. At the same time, the commodity is being supported by the level at 3.360 which has prevented the price from falling lower. However, with RSI index sliding in the bearish zone and a divergence between the +DI and –DI lines, natural gas is expected to test the support at 3.260.

Trade suggestion

Buy Digital Put Option from 3.340 to 3.260 valid until 20:00 GMT December 20, 2016



SP500



Fig: Sp500 H4 Technical Chart

Sp500 index has been moving sideways to higher for nearly a week. The price action is twisting with the short-term MA20. Steady up moves have retained the market in the bullish zone, where may support the index to retest the all-time record high at 2777.35.

Trade suggestion

Buy Digital Call Option from 2267.00 to 2277.00 valid until 20:00 GMT December 20, 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
  #88 (permalink)  
Old 20-12-2016, 04:41 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default

AUD/JPY signal by Option Banque

From 85.500
Till 86.000

Buy Option Digital
Direction Call
Expiry GMT 21:00 20/12/2016
__________________
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
  #89 (permalink)  
Old 20-12-2016, 11:16 PM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default Gold Trade Idea by Option Banque

European Incidents Fail To Spur Gold Demand, Dollar Weighs

Gold reversed lower on Tuesday in the wake of a strengthening U.S. dollar while deadly incidents in Europe failed to bolster demand for safe-haven assets.

After having edged higher for the last two trading days, gold for February delivery fell as much as 1.18% to $1126.11 per ounce on Tuesday. The safe-haven bullion have not benefited from geopolitical jitters including assassination of Russia’s ambassador to Turkey and violence in Berlin and Zurich that killed over a dozen people and left many others injured on Monday.

The reason is that the greenback was trading near 14-year highs following Federal Reserve Chair Janet Yellen’s remarks that indicated a faster pace of U.S. interest rate rises next year than had been expected. Both higher U.S. interest rates and gains in the U.S. currency are negative for the dollar-denominated and non-yielding assets such as gold.

Trade suggestion
Buy Digital Put Option from 1126.00 to 1108.00 valid until 20:00 GMT December 20, 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
  #90 (permalink)  
Old 21-12-2016, 12:13 AM
Option_Banque Option_Banque is offline
Veteran
 
Join Date: Jul 2015
Posts: 1,148
Thanks: 0
Thanked 18 Times in 18 Posts
Option_Banque is on a distinguished road
Default USD/CAD signal by Option Banque

USD/CAD signal by Option Banque

From 1.33700
Till 1.34000

Buy Option Digital
Direction Call
Expiry GMT 21:00 21/12/2016
__________________
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
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


NordFX

All times are GMT +5.5. The time now is 11:16 PM.


vBulletin Copyright by vBulletin

Content Relevant URLs by vBSEO 3.3.2