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  1. Yesterday
  2. $IBKR Interactive Brokers stock narrow range breakout watch above 111.16 , see https://stockconsultant.com/?IBKR
  3. $ISRG Intuitive Surgical stock narrow range breakout watch above 403.07 , see https://stockconsultant.com/?ISRG
  4. $JETS ETF top of range breakout watch above 20.61 , see https://stockconsultant.com/?JETS
  5. $KKR KKR stock bull flag breakout watch above 102.64 , see https://stockconsultant.com/?KKR
  6. $HUBS HubSpot stock top of range breakout watch , see https://stockconsultant.com/?HUBS
  7. $SQ Block stock breakout watch , see https://stockconsultant.com/?SQ
  8. $VINC Vincerx Pharma stock low volume pullback to 5.1 support area with high trade quality, https://stockconsultant.com/?VINC
  9. Date: 27th March 2024. Market Recap – Yen on Intervention watch. Economic Indicators & Central Banks: A slip in risk appetite and a solid 5-year auction gave Treasuries a little boost yesterday with yields ending modestly lower. Profit taking on the strong gains for the quarter, and indeed record highs last week, and some tax loss selling weighed. Wall Street ended with small losses. The NASDAQ fell -0.42%, with the S&P500 off -0.28%, while the Dow dipped -0.08%. The US consumer confidence undershot assumptions and joined a Michigan sentiment down-tick to 76.5 from 76.9 in February and a 30-month high of 79.0 in January. All the surveys face headwinds from high mortgage rates, tight credit conditions, and recession fears. The US durables report slightly beat estimates thanks to a restrained 3.3%. Data showed that industrial profits in China jumped 10.2% in the first 2 months of the year, but signs of an ongoing recovery means there is a lower chance of further stimulus. China officials also seem to have tightened their grip on the currency once again. Japan officials have also engaged in some verbal intervention over the past week, but that didn’t prevent the Yen from hitting a 34 year low against the Dollar. Italy sold about 12.5% of Banca Monte dei Paschi di Siena SpA for about €650 million ($704 million) as part of Giorgia Meloni’s government plan to divest from the bailed-out lender. Market Trends: Today, European stock futures are lower ahead of the ESI economic confidence reading and the 4-day Easter holiday weekend. US futures are in demand after a mixed close across Asia. The China bourses underperformed, Hang Seng & CSI 300 are down -1.4% and -1.2% respectively. Bond yields are slightly lower, with the 10-year Treasury rate down -0.6 bp at 4.23%, and the 10-year JGB rate down -1.5 bp. Bunds are outperforming, and the German 10-year rate has corrected -2.6 bp in early trade, as markets expect Spanish HICP numbers to confirm the downtrend in headline inflation. Financial Markets Performance: The USDIndex recovered to close slightly firmer at 104.10. It’s a fourth straight close over 104. The Yen is at 34-year low retesting once again the 152 high. Gold extended gains as the focus shifts to key US PCE numbers on Friday. Bullion is currently at $2179 after breaching $2200. Geopolitical risk, central bank buying, bond rally and rate cut expectations solidifying, all added to the strength in gold. USOIL steady for a 2nd day in a row below $81.00.+ 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 HFM 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. Andria Pichidi Market Analyst HFMarkets 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.
  10. Last week
  11. I also look for major currency pairs usually associated with the USD for trading and any such exotic or minor pairs should be avoided while being a new trader in my opinion.
  12. Even a professional trader never know when bad day occurs so using a stop loss is a must otherwise one single bad trade can claim up to entire account.
  13. There are still many countries where crypto is still not taxable even there are no regulations related to it.
  14. $NVO Novo Nordisk stock trending, back to 129.15 support area , see https://stockconsultant.com/?NVO
  15. $AMSC American Superconductor stock low volume pullback to 13.6 support area , see https://stockconsultant.com/?AMSC
  16. $NVAX Novavax stock back to 4.86 support area, bullish stats , see https://stockconsultant.com/?NVAX
  17. $MRNA Moderna stock great day off the 104.22 support area , see https://stockconsultant.com/?MRNA
  18. $IOT Samsara stock strong day off support, now a breakout watch , see https://stockconsultant.com/?IOT
  19. $DXCM Dexcom stock nice bull flag breakout, from Stocks To Watch list @ https://stockconsultant.com
  20. $AMZN Amazon stock narrow range breakout watch , see https://stockconsultant.com/?AMZN
  21. Date: 26th March 2024. Market Recap – Quarter End Comes Into View. Economic Indicators & Central Banks: Treasuries, Wall Street, and the US Dollar all posted small losses to start the abbreviated week of trading. The market is consolidating into quarter-end. This week’s supply is pressuring at the margin, while uncertainty over the Fed’s rate path is limiting buying. Though the just-published dots assuaged concerns over the prospects for less than 3 rate cuts this year, anxiety remains high, especially after Bostic said he trimmed his estimate to 1 easing this year from 2 previously. Stock markets traded cautiously overnight, as the quarter end comes into view. China bourses outperformed, while Nikkei and ASX corrected. The offshore Yuan strengthened for a second day after China’s central bank reinforced its support for the currency. Geopolitics: Ukrainian drone attacks have caused disruptions at Russian oil refineries, with around 12% of the country’s oil processing capacity reportedly impacted. A resolution calling for an immediate ceasefire in Gaza was vetoed by Russia and China and a terrorist attack in Russia over the weekend added to geopolitical risks as did fresh threats by Yemen-based Houthi militants against Saudi Arabia. Market Trends: Wall Street slipped on profit taking ahead of quarter-end, having made strong gains since the start of the year and hitting record highs last Thursday. The Dow fell -0.41%, the S&P500 was off -0.31% and the NASDAQ was down -0.27%. For the quarter, the S&P500 and NASDAQ are up 9.44% and 9.15%, respectively, and the Dow is up 4.3%. DAX and FTSE100 futures are also in the red, while US futures have moved higher. Financial Markets Performance: The USDIndex has been in consolidation mode at the start of the week and is currently trading at 103.77. The Yen strengthened against USD and CHF, but USDJPY is still at 151.20. Japan’s top currency officials warned against speculative moves in foreign exchange markets, after the recent weakness in the yen saw USDJPY climbing above 151 once again. Gold continues to trade near record highs, but the ascent has been capped by the recent rise in the Dollar and caution ahead of the US PCE price index, which is the Fed’s preferred inflation gauge and is due to be released on Friday. Copper prices fell amid ongoing demand concerns. For agricultural commodities, the ascent in cocoa prices remains noteworthy. USOIL inched higher above $81.50, amid fresh supply concerns. 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 HFM 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. Andria Pichidi Market Analyst HFMarkets 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.
  22. There are many brokers like hfm etc which offer free demo trading to enhance trading skills so we can use them instead of live funds to make sure we got the right strategy and proper risk management to make money in trading instead of losing.
  23. $FGEN FibroGen stock breakout watch , see https://stockconsultant.com/?FGEN
  24. $BSX Boston Scientific stock narrow range breakout watch , see https://stockconsultant.com/?BSX
  25. $SYY Sysco stock top of range breakout watch , see https://stockconsultant.com/?SYY
  26. $RYTM Rhythm Pharmaceuticals stock back to 40.71 double support area with bullish stats , see https://stockconsultant.com/?RYTM
  27. $MRNA Moderna stock watch for a move higher off the 104.22 support area , see https://stockconsultant.com/?MRNA
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