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- Yesterday
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$NOK Nokia stock with a narrow range breakout watch above 4.52 , see https://stockconsultant.com/?NOK
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$DXCM DexCom stock with an ascending triangle breakout watch above 424.46 , see https://stockconsultant.com/?DXCM
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$APRN Blue Apron stock with a strong close and breakout watch above 12.57 , see https://stockconsultant.com/?APRN
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usually yes, its a good promo, i guess one of many to come since its their tenth year anniv.
- Last week
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$JD JDcom stock with a flat top breakout watch above 61.87 , see https://stockconsultant.com/?JD
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$IRBT iRobot stock with a confirmed breakout above 85.8, from Stocks To Watch , see https://stockconsultant.com/?IRBT
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$IMMU Immunomedics stock with a breakout watch above 37.65 , see https://stockconsultant.com/?IMMU
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$TSLA Tesla stock with a nice breakout follow through above 1035 , see https://stockconsultant.com/?TSLA
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$RH stock strong day with a flat top breakout watch above 261.3 , see https://stockconsultant.com/?RH
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$NVDA NVIDIA stock with a narrow range breakout watch above 385.75 , see https://stockconsultant.com/?NVDA
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$CMG Chipotle Mexican Grill stock with a narrow range breakout watch above 1070.8 , see https://stockconsultant.com/?CMG
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$AGIO Agios Pharmaceuticals stock with a solid top of range breakout above 54.62, from Stocks To Watch , see https://stockconsultant.com/?AGIO
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Date : 1st July 2020. US Data – ADP, PMIs & Vaccine News. EURUSD, H1 US ADP reported private payrolls rose 2.369 million in June. Also, May was revised sharply higher, by 5.825 million to a 3.065 million increase (was -2.760 million). April’s -19.409 million was a record plunge. Jobs in the goods production sector increased 457,000, with construction jobs up 394,000. Service sector employment increased 1.912 million, with gains of 961,000 in leisure/hospitality, 283,000 in education/health, and 151,000 in professional/business services. A robust private payrolls. The ADP climb beats the modest improvement in the continuing and initial claims data for the period, but undershoots the bigger sales, sentiment, and output gains in other measures, and is in line with the payroll gain expected for tomorrow’s jobs report. ADP gains were fairly evenly dispersed across increases of 873,000 for large companies, 559,000 for medium companies, and 937,000 for small companies. US final June Markit manufacturing rose to 49.8 (was 49.6 in the preliminary) from May’s 39.8. It is a fourth month of contraction and was at 50.6 a year ago. But the weakness is abating from the 36.1 record low from April amid re-openings of the economy. The 10-point surge in the index was a record jump, and it is now the highest reading since February. Output climbed to 47.5 from May’s 34.4, with new orders also moving higher. US equity markets have opened in positive territory, rebounding from early losses on the futures market following reports of positive results on a vaccine from Pfizer and BioNTech. EURUSD pushes towards 1.1250 following a dip to 1.1184 earlier, USDJPY pivots around 107.50, down from Asian session highs at 108.06 and the USA500 trades at 3115 and highs of the day. FOMC Minutes due at 18:00 GMT. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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$LOW Lowes stock with a narrow range breakout watch above 136.67 , see https://stockconsultant.com/?LOW
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$HEXO stock watch, moving higher off that 0.719 triple+ support area , see https://stockconsultant.com/?HEXO
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$FLXN Flexion Therapeutics stock with a nice local breakout above 13.34, from Stocks To Watch , see https://stockconsultant.com/?FLXN
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$CLF Cleveland-Cliffs stock watch, attempting to move higher off the 5.24 support area with bullish stats , see https://stockconsultant.com/?CLF
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$NKTR Nektar Therapeutics stock strong day with a breakout watch above 23.98 , see https://stockconsultant.com/?NKTR
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$AAL American Airlines stock watch, attempting to move higher off the 12.55 triple support area , see https://stockconsultant.com/?AAL
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EUR/CHF RESUMES UPTREND, TARGETS LEVEL 1.07000 Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the market will reach a low of 2.618 extension level. EUR/CHF’s first target will be at level 1.618 Fibonacci extension level. The second target will be at level 2.618 extension level. EUR/CHF – Daily Chart Daily Chart Indicators Reading: EUR/CHF has fallen to level 51 of the Relative Strength Index period 14. The pair is now in the uptrend zone and above the centerline 50. The 50-day SMA and 21-day SMA are sloping downward which indicates the previous trend. EUR/CHF Medium-term Trend: Bullish On the 4-hour chart, the EUR/CHF pair is in an upward move. The pair fell to level 1.06306 and resumed an upward move. The price is approaching level 1.07000 which is a resistance level. The pair will continue its upward move if that resistance is breached. Otherwise, the pair will be repelled. EUR/CHF – 4 Hour Chart 4-hour Chart Indicators Reading The 50-day and 21-day SMA are sloping upward. It indicates the uptrend. The pair is above 60% range of the daily stochastic. EUR/CHF is in a bullish momentum. The market is approaching the overbought region. General Outlook for EUR/CHF EUR/CHF pair has resumed an upward move after falling to the low of level 1.06306. According to the Fibonacci tool, the uptrend will reach the high of level 2.618 extension level. In other words, the pair will rise and reach the high of 1.14486 Source: https://learn2.trade
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GOLD TO HIT $1,800 MARK AS INFLATION-HEDGE ASSETS GAINS APPEAL: TD STRATEGISTS DECLARE Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on the brink of a breakout as recent price action continues to strengthen investors’ view of gold’s role switching from just a safe-haven asset to an inflation-hedge product. They added that the whole “maturity spectrum” of inflation breakevens are still considered to be below policy objectives. This means that declining rates should extend further support for gold to take the $1,800s in the near-term. They ended by citing that recent changes in the Federal Reserve’s template strongly suggest that inflation-hedge assets like gold could continue to grow in popularity. XAUUSD – Daily Chart Gold (XAU) Value Forecast — June 29 XAU/USD Major Bias: Bullish Supply Levels: $1,779, $1,790, and $1,800 Demand Levels: $1,765, $1,758, and $1,745 Gold remained in a consolidation range throughout today’s trading session considering there were no significant fundamental catalysts today. We can observe a descending trendline on our MACD indicator. A break above this line will be a healthy signal that gold has regained its bullish steam and we could see it go for the $1,800 yet again. Source: https://learn2.trade
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Lack of capital is may be the biggest challenge forex traders are facing. One guaranteed experience in the forex market is loss. As a Forex trader, the most obvious risk is losing money, which is further amplified by the leverage that brokers provide.
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Trading books and journals definitely helps a lot to know about some technicality and learning how to amylase the trade . Book reader and a trade lover will make good combination for these books.
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$MU Micron Technology stock with a nice high trade quality setup and bounce off the 48.98 triple support area, from Stocks To Watch , see https://stockconsultant.com/?MU
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$AIG American International stock watch, attempting to move higher off the 30.78 support area , see https://stockconsultant.com/?AIG
