30 11月 2018

Daily Market View

Friday, November 29, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
25388 2743.75 6911.75
-0.26% -0.33% -0.30%

U.S stocks traded lower yesterday as investors’ hopes of a trade deal between China and the U.S dimmed. The Dow Jones Industrial Average fell 71 points, while the S&P 500 pulled back 0.3 percent. The NASDAQ fell 0.4 percent. The market fell to its low of the day — with the Dow dropping more than 160 points — after the South China reported that White House advisor Peter Navarro would be attending the dinner between President Donald Trump and Chinese leader Xi Jinping in Buenos Aires at the G-20. CNBC later confirmed Navarro’s attendance. News of his attendance dampened hopes that a trade deal could be hatched at the dinner given his longstanding hawkish tone on U.S-China trade. Earlier this month, Navarro said any deal between the U.S. and China would be on Trump’s terms, not Wall Street’s. These comments were later disavowed by Larry Kudlow, director of the National Economic Council. Trading in U.S stocks became even more volatile after Dow Jones reported, citing sources, the U.S and China were looking into a deal to de-escalate trade tensions.

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

nov

China Manufacturing PMI 01:00 50.2 50.2

nov

Japan Consumer Confidence Index 05:00 43.2 43

oct

Japan Housing Starts (YoY) 05:00 -0.1% -1.5%

oct

German Retail Sales (YoY) 07:00 1.4% -2.6%

oct

Euro-Zone Unemployment Rate 10:00 8.0% 8.1%

nov

Euro-Zone Consumer Price Index Core (YoY) 10:00 1.1% 1.1%

sep

Canada Gross Domestic Product (YoY) 13:30 2.3% 2.5%

nov

U.S Chicago Purchasing Manager 14:45 58.5 58.4

nov

Baker Hughes U.S Rig Count 18:00   1079
Dow Jones Industrial Average

The Dow Jones Industrial Average declined 0.11%. The best performers of the session on the Dow Jones Industrial Average were Boeing Co, which rose 2.72% or 9.06 points to trade at 342.56 at the close. Meanwhile, Pfizer Inc. added 1.36% or 0.61 points to end at 45.51 and Merck & Company Inc. was up 0.88% or 0.68 points to 77.91 in late trade. The worst performers of the session were Intel Corporation, which fell 2.37% or 1.16 points to trade at 47.70 at the close. Visa Inc. declined 1.61% or 2.28 points to end at 139.10 and American Express Company was down 1.40% or 1.58 points to 111.31.

 

 

 

NASDAQ 100

The NASDAQ index fell 0.25%. The top performers on the NASDAQ were Adial Pharmaceuticals Inc. which rose 100.00% to 2.80, Tonix Pharmaceuticals Holding Corp which was up 83.42% to settle at 6.970 and Kirklands Inc. which gained 34.13% to close at 10.10. The worst performers were ShiftPixy Inc. which was down 32.35% to 2.99 in late trade, Bio Path Holdings Inc. which lost 26.57% and Cleantech Solutions International Inc. which was down 24.23%.

 

 

Oil

Oil reversed course and rose yesterday, after industry sources said Russia had accepted the need to cut production, together with OPEC. The price is still set for its biggest one-month fall in November since the depths of the financial crisis in 2008, having lost more than 22 percent so far. U.S crude futures rose 81 cents, or 1.6 percent, to $51.10, after earlier dropping below $50 for the first time in over a year. OPEC and non-OPEC producers meet in Vienna next week to discuss a new round of supply cuts of 1 million to 1.4 million bpd and possibly more to prop up prices. The Russian Energy Ministry held a meeting with the heads of domestic oil producers on Tuesday. Russian President Vladimir Putin, whose country is the world’s second biggest oil producer, said on Wednesday he was in touch with OPEC and ready to continue cooperation on supply if needed, but he was satisfied with an oil price of $60. U.S. crude inventories have hit their highest in a year, and are now only 80 million barrels below March 2017’s record 535 million barrels.

 

 

 

Precious and Base Metals

Gold rose yesterday after Federal Reserve Chair Jerome Powell’s comments boosted perception the central bank would go slow on interest rate hikes next year, while palladium was trading at record levels due to a shortage in supply. Spot gold was up 0.3 percent at $1,224.86 per ounce. U.S gold futures were steady at $1,224.1 per ounce. The hint from the Fed that they are closer to ending the current rate hike cycle caught the markets somewhat by surprise. Treasury yields and dollar dropped back, and that was quite supportive of gold. Higher interest rates increase bond yields and tend to make non-yielding bullion less attractive. They also tend to boost the dollar, in which gold is priced. Gold prices jumped as much as 1 percent after Powell’s speech on Wednesday, recovering from a two-week low of $1,210.65 hit earlier. But gains in the precious metal were limited as Powell’s dovish tone helped revive risk appetite, driving world stocks to their highest in more than two weeks, while the dollar and bond yields fell. Powell said the central bank’s policy rate is now “just below” estimates of a level that neither brakes nor boosts a healthy U.S. economy. Investors were waiting the release of the minutes of the U.S central bank’s November meeting for further clues on the Fed’s monetary tightening path. Palladium was down 0.1 percent at $1,182.50 per ounce, after earlier hitting a record high of $1,186.50. This is a very fundamental story of demand outstripping the supply. It’s been six or seven years of sustained market deficit, which has kept the market exceedingly tight. Spot silver was down 0.2 percent to $14.29 per ounce. Platinum rose 0.2 percent to $823 per ounce after falling to a seven-week low of $809.50 on Wednesday. Copper also extended gains yesterday as investors bought riskier assets on speculation U.S interest rates may be near a peak.

 

 

 

 

Traditional Agricultures

Wheat gained more ground on expectations of higher demand for U.S supplies as the Black Sea region runs of surpluses next year. Soybean futures were largely unchanged yesterday, as the market took a breather after strong gains in the last two sessions, ahead of trade talks between Washington and Beijing at the G20 meeting this week.

 

 

Futures Settlement Price Thursday, November 29, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 25316 25480 25204 25388 44
S & P 500 SPM18 2738.5 2754.5 2723.25 2743.75 1.75
NASDAQ 100 NDM18 6909 6943.25 6843.25 6911.75 -7.25
Hang Seng HSH18 26869 26948 26397 26463 -154
Nikkei 225 NKH18 22395 22435 22235 22245 10
FTSE 100 FTH18 7049 7080.5 7017.5 7046.5 -29
Gold GCJ18 1220.88 1228.87 1220.4 1224.09 3.21
Silver SIK18 14.306 14.369 14.244 14.284 -0.022
Copper HGK18 279 279.6 276.75 277.7 -1.2
Crude Oil CLK18 50.26 52.16 49.38 51.23 0.96
Wheat WK18 511.25 514 505.75 507.5 -3.75
Soybeans SK18 889.5 894 882.25 887.25 -2.5
Corn CK18 373 375.25 371.25 372.75 0

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
DJM18 24959 25081 25235 25357 25511 25633 25787
SPM18 2695.25 2709.25 2726.50 2740.50 2757.75 2771.75 2789.00
NDM18 6755.58 6799.42 6855.58 6899.42 6955.58 6999.42 7055.58
HSH18 25706 26052 26257 26603 26808 27154 27359
NKH18 21975 22105 22175 22305 22375 22505 22575
FTH18 6952.83 6985.17 7015.83 7048.17 7078.83 7111.17 7141.83
GCJ18 1211.57 1215.98 1220.04 1224.45 1228.51 1232.92 1236.98
SIK18 14.10 14.17 14.23 14.30 14.35 14.42 14.48
HGK18 273.58 275.17 276.43 278.02 279.28 280.87 282.13
CLK18 46.91 48.14 49.69 50.92 52.47 53.70 55.25
WK18 495.92 500.83 504.17 509.08 512.42 517.33 520.67
SK18 869.92 876.08 881.67 887.83 893.42 899.58 905.17
CK18 366.92 369.08 370.92 373.08 374.92 377.08 378.92

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

 

30 11月 2018

FOREX Newsletter

FOREX Newsletter

November 30, 2018

 

Pulse of the Market

·      U.S personal income and spending grew more than expected but jobless claims increased

·      Currency movements were restrained by concerns about the upcoming G20 meeting

·      Concerns about the impact of the tariffs forced investors to ignore better labor data from Germany

·      The Australian dollar ended the day higher while the New Zealand dollar sold off

The U.S dollar dropped sharply on the back of Fed Chair Powell’s comments on interest rates. USD/JPY extended slightly lower but GBP/USD retreated and EUR/USD was unchanged. Powell’s view that rates are just under neutral levels is a sign that they intend to slow their pace of tightening next year. However, in yesterday’s note, we pointed out that Fed futures did not change by much because Powell simply said what the market was waiting to hear. Investors had already downplayed expectations for tightening next year with the futures market only pricing in 1 full rate hike in 2019. Yesterday’s U.S. economic reports did nothing to confirm or deny the central bank’s caution – personal income and spending grew more than expected but jobless claims increased and pending home sales fell sharply. Meanwhile, the FOMC minutes did not help the dollar. Currency movements were also restrained by concerns about the upcoming G20 meeting. President Trump sits down with President Xi today and we have no idea how the talks will go. The biggest turnaround yesterday was in the euro. At the start of the NY session, euro was one of the weakest currencies because there were reports that the US would levy tariffs on EU autos before Christmas. Concerns about the impact of the tariffs forced investors to ignore better labor data from Germany and stronger Eurozone confidence. Shortly after the NY open, however, the European Commission denied those reports and the EUR/USD u-turned for a rally to 1.14. The other big story was oil. Before the NY session began, the price of crude fell below the critical $50 mark. In response USD/CAD traded above 1.33. However Russia’s talk of output cuts reversed the slide and sent prices sharply higher (crude ended the day up 2%) and as a result, USD/CAD gave up its gains to end the day unchanged. Canada will be in focus today with quarterly and monthly GDP numbers due for release.

 

Time(GMT)   Economic Release IMP Actual Forecast Prior
00:01 U.K GfK Consumer Confidence (NOV) Medium   -11 -10
01:00 China Non-manufacturing PMI (NOV) Medium   53.8 53.9
01:00 China Manufacturing PMI (NOV) High   50.2 50.2
05:00 Japan Consumer Confidence Index (NOV) Medium   43.2 43
05:00 Japan Housing Starts (YoY) (OCT) Medium   -0.1% -1.5%
07:00 German Retail Sales (YoY) (OCT) Medium   1.4% -2.6%
07:00 U.K Nationwide House Px n.s.a. (YoY) (NOV) Medium   1.7% 1.6%
08:00 Switzerland KOF Leading Indicator (NOV) Medium   99.5 100.1
10:00 Euro-Zone Unemployment Rate (OCT) Medium   8.0% 8.1%
10:00 Euro-Zone Consumer Price Index Core (YoY) (NOV) High   1.1% 1.1%
11:00 Italian Gross Domestic Product w.d.a. (YoY) (3Q) Medium   0.8% 0.8%
13:30 Canada Quarterly Gross Domestic Product Annualized (3Q) High   2.0% 2.9%
13:30 Canada Gross Domestic Product (YoY) (SEP) High   2.3% 2.5%
14:45 U.S Chicago Purchasing Manager (NOV) Medium   58.5 58.4
18:00 Baker Hughes U.S. Rig Count (NOV 30) Medium     1079

 

Euro

The single currency traded higher yesterday. Euro zone economic sentiment continued to deteriorate in November but less than predicted, thanks to an unexpected rise in optimism in the industry, data showed yesterday. Economic sentiment in the 19 countries sharing the euro eased to 109.5 in November from 109.7 in October. Overall, the EUR/USD traded with a low of 1.1347 and a high of 1.1400 before closing the day around 1.1392 in the New York session.

 

Yen

The Japanese Yen posted gains yesterday. On the release front, Japanese retail sales jumped 3.5%, its highest level since December 2017. In the U.S., the Core PCE Price Index dropped to 0.1%, shy of the estimate of 0.2%. Personal Spending improved to 0.6%, above the estimate of 0.4%. On the labor front, unemployment claims jumped to 234 thousand. Overall, the USD/JPY traded with a low of 113.17 and a high of 113.64 before closing the day around 113.46 in the U.S session.

 

British Pound

The British Pound fell against the U.S Dollar as Theresa May was grilled by a Commons committee over her Brexit deal. The Prime Minister defended her withdrawal agreement in front of the House of Commons liaison committee just a day after the Bank of England’s bleak no-deal forecast, in which GDP, house prices and the pound itself would fall sharply. Overall, the GBP/USD traded with a low of 1.2753 and a high of 1.2847 before closing the day at 1.2785 in the New York session.

 

Canadian Dollar

The Canadian Dollar edged higher, building on gains from the day before as oil prices rallied and data showed that Canada ran a smaller-than-expected current account deficit in the third quarter. The country’s current account deficit narrowed to $10.34 billion in the third quarter from a revised $16.68 billion deficit in the second quarter. Overall, USD/CAD traded with a low of 1.3251 and a high of 1.3310 before closing the day at 1.3281 in the New York session.

 

Australian Dollar

The Australian Dollar closed slightly higher yesterday. New figures released by The Australian Bureau of Statistics have barely moved the Australian dollar against the greenback, despite better than expected CAPEX data. ABS figures show an uptick in September private capital expenditure (CAPEX) with the CAPEX slipping 0.5%. Overall, AUD/USD traded with a low of 0.7293 and a high of 0.7342 before closing the day at 0.7310 in the New York session.

Euro-Yen

EUR/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is giving a bullish tone and MACD is also issuing a bullish stance. The Relative Strength Index is above 51 and lies above the neutral zone. In general, the pair has gained 0.06%.

 

Sterling-Yen

Currently, GBP/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bearish tone and MACD is indicating a bullish stance. The Relative Strength Index is above 45 reading and lies below the neutral zone. On the whole, the pair has lost 0.47%.

 

Aussie-Yen

Currently, the cross is trading above 14, 50 and 100 days moving average. Fast stochastic is giving a bullish tone and MACD is also indicating a bullish stance. The Relative Strength Index is above 60 reading and lies above the neutral region. In general, the pair has gained 0.01%.

 

Euro-Sterling

This cross is currently trading above 14, 50 and below 100 days moving average. Fast stochastic is indicating a bullish tone and MACD is also issuing a bullish signal. The Relative Strength Index is above 59 and lies above the neutral region. On the whole, the pair has gained 0.53%.

  

Sterling-Swiss

This cross is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bullish stance and MACD is indicating a bearish tone. The Relative Strength Index is above 41 and lies below the neutral region. In general, the pair has lost 0.07%.

 

Appendix

  

FOREX Closing Prices for November 29, 2018
Currency Open High Low Close Net Chg
EUR/USD 1.13694 1.14003 1.13473 1.1392 0.0028
USD/JPY 113.641 113.648 113.172 113.463 -0.1980
GBP/USD 1.28234 1.28479 1.27536 1.27856 -0.0036
USD/CHF 0.99373 0.99751 0.99158 0.99553 0.0020
USD/CAD 1.32727 1.33103 1.3251 1.32818 0.0008
EUR/JPY 129.207 129.283 128.651 129.269 0.0820
GBP/JPY 145.743 145.787 144.492 145.066 -0.6790
CHF/JPY 114.326 114.384 113.602 113.93 -0.4350
AUD/JPY 83.012 83.184 82.712 83.026 0.0110
EUR/GBP 0.88634 0.89184 0.88576 0.89077 0.0047
EUR/CHF 1.12988 1.13465 1.12873 1.13437 0.0049
GBP/CHF 1.27419 1.27502 1.26756 1.27306 -0.0009

  

 

Daily Pivot Points
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
EUR/USD 1.1306 1.1327 1.1359 1.1380 1.1412 1.1433 1.1465
USD/JPY 112.73 112.95 113.21 113.43 113.68 113.90 114.16
GBP/USD 1.2649 1.2701 1.2744 1.2796 1.2838 1.2890 1.2932
USD/CHF 0.9863 0.9889 0.9922 0.9949 0.9982 1.0008 1.0041
USD/CAD 1.3192 1.3222 1.3252 1.3281 1.3311 1.3340 1.3370
EUR/JPY 128.22 128.44 128.85 129.07 129.48 129.70 130.12
GBP/JPY 143.15 143.82 144.44 145.12 145.74 146.41 147.03
CHF/JPY 112.78 113.19 113.56 113.97 114.34 114.75 115.12
AUD/JPY 82.29 82.50 82.76 82.97 83.24 83.45 83.71
EUR/GBP 0.8810 0.8834 0.8871 0.8895 0.8932 0.8955 0.8992
EUR/CHF 1.1246 1.1267 1.1305 1.1326 1.1364 1.1385 1.1424
GBP/CHF 1.2613 1.2644 1.2687 1.2719 1.2762 1.2793 1.2837

 

Sources:  News, Charts & Quotes (Courtesy: Reuters, US Department Of Treasury)

 

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

市场报告                     2018-11-30

 

   
Market Summary
美元指数周四小幅下跌,美联储公布了11月FOMC会议记录显示,部分官员认为联邦基金利率已接近中性水位、暗示接下来升息步伐将放缓,但他们也担心贸易紧张和企业债务可能会对经济增长产生何种影响。纪要出炉之后,美元指数仅小幅反弹。此外,日内公布的数据偏弱,美国至11月24日当周初请失业金人数为23.4万人,高于前值22.4万人和预期22.0万人,评论称美国上周申请失业金人数连续三周上涨并升至六个月高位,这可能引发对就业市场可能放缓的担忧。美国10月核心PCE物价指数月率为0.1%,低于前值和预期0.2%,美国10月个人支出月率录得七个月来的强劲增长,但基本价格压力放缓,美联储追踪的通胀指标PCE物价指数年率录得自2月份以来的最小增幅。美国10月成屋签约销售指数月率为下跌2.6%,低于前值和预期0.5%,根据华尔街日报评10月成屋签约指数录得下滑,并创2014年以来最大年度降幅,最终美元指数报收于96.76。

现货黄金周四温和收涨,亚市早盘开于1220.80美元/金衡盎司后短线下挫,录得日内低点1220.20美元/金衡盎司后反弹,金价震荡上行。欧市金价转为盘整,多空激战,振幅加大。美市多头上攻,录得日内高点1228.75美元/金衡盎司后回落,金价震荡下行,终收于1223.90美元/金衡盎司。

国际原油周四收涨0.98美元,或1.95%,报51.27美元/桶。美元涨势受阻为油价提供了反弹基础,加上俄罗斯能源部在会议表示,与国内产油商的会谈后一致认为减产是有必要的,目前各方正在研究具体的减产时机和减产规模,有效鼓舞了多头士气。

美国股市周四因美国白宫贸易顾问Peter Navarro证实将出席周六川习会晚宴,引发对美中贸易战战的隐忧,拖累美股跌至当日低点,但联准会公布11月利率会议纪要显示未来升息放缓,提振股市情绪,最终三大指数小幅收跌。道琼工业指数下跌27.59点,或0.11%,报25338.84点;标准普尔500指数下跌6.03点,或0.22%,报2737.76点;纳斯达克指数下跌18.51点,或0.25%,报7273.08点。

个股方面,Netflix(NFLX)宣布加拿大订户价格上涨计划,带动该公司股价收高2.16%。苹果(AAPL)产品营销部副总裁Greg Joswiak周三(28日)称iPhone XR目前是苹果最畅销的iPhone,但投行Canaccord Genuity周四公布调查结果显示苹果iPhone XR销售前景堪忧,并下修苹果目标价,拖累苹果股价下跌0.77%。资产管理控股公司Cowen将波音(BA)评为2019年第一的航空个股,使得波音股价逆势上扬2.72%。

日本股市周四受美股昨日大涨,激励日经指数开盘后一路上涨,但随着日元转强的影响,使得日经指数涨幅收敛,终场收涨0.39%或85.58点,收22262.60点。

个股方面,日本多晶硅制造商OTC因现今全球多晶硅供应过剩、销售环境恶化,决议退出多晶硅事业,也将提前解除和SUMCO所签订的长期供应契约,并且下修今年度财测预估,因此OTC闻讯重挫1.87%。而SUNCO虽然与OTC提前解除长期供应契约,而支付100亿日元的解约金,不过因提列递延税项资产,因此上修今年度纯益目标,使得股价大涨2.06%。AGC上扬0.79%,因大幅增产EUV用光罩基板,且目标扩产至3倍。大日本印刷下跌0.42%,因宣布将携手台湾华邦电研发大容量内存版eSIM和安全组件。

 

Technical  Analysis
USDJPY

从日线图上看,美元/日元隔夜小幅收跌,最低触及113.188一线后有所收窄。技术指标上,MACD看涨动能柱萎靡,RSI指标小幅向下延伸。后市看来,价格关键支撑指向113关口。上行方面,价格初步阻力位依旧考验114关口。

 

EURUSD

从日线图上看,欧元/美元隔夜小幅收涨,一度站上1.14一线未果。技术指标上,MACD看涨动能柱扩张,RSI指标小幅向上延伸。后市看来,价格支撑位看向1.13000一线。上行方面,价格阻力位进一步指向1.14600一线。

 

GBPUSD

从日线图上看,英镑/美元隔夜回落收跌,一度探高至1.28484一线后跳水。技术指标上,MACD看跌动能柱微缩,RSI指标小幅向下。后市看来,价格初步支撑位依旧考验1.27200一线。上行方面,价格阻力位指向1.28800一线。

 

XAUUSD

从日线图上看,金价隔夜小幅收涨,一度触及日高至1228一线后有所收窄。技术指标上,MACD看跌动能柱缩减殆尽,RSI指标小幅向上延伸。后市来看,金价阻力位指向1230一线。下行方面,金价初步支撑位考验1215一线。

 

CL_

从日线图上看,油价隔夜震荡收涨,一度失守50关口。技术指标上,MACD看跌动能柱微缩,RSI指标依旧超卖。后市来看,油价支撑目标考验50心理关口。上行方面,油价初步阻力位依旧看向53.00一线。

 

DJ_

从日线图上看,价格隔夜震荡收涨,窄幅交投于25300一线附近。技术指标上,MACD看涨动能柱显现, RSI指标小幅向上。后市来看,价格阻力位进一步考验25700一线。下行方面,价格支撑位看向25000关口。

 

NK_

从日线图上看,价格隔夜微幅收跌,最低探至22190一线后收窄跌幅。技术指标上,MACD看跌动能柱扩张,RSI指标小幅向下。后市来看,价格阻力位依旧考验22500一线,下行支撑位看向21800一线。

 

 

 

29 11月 2018

FOREX Newsletter

      

FOREX Newsletter

 November 29, 2018

 

Pulse of the Market

·      Federal Reserve Chairman Jerome Powell said that interest rates are just below neutral

·      Investors are also focused on the G20 summit in Buenos Aires on Friday and Saturday

·      Euro zone members aim to agree reforms to make their currency union more resilient

·      The Canadian dollar weakened to a five-month low against its U.S. counterpart yesterday

The U.S Dollar tumbled from two-week highs yesterday after Federal Reserve Chairman Jerome Powell said that interest rates are just below neutral, raising expectations that the U.S. central bank is closer to the end of its rate hike cycle. Powell said the policy rate, at 2-2.25 percent, is now “just below” the broad range of estimates of neutral, which in September was 2.5-3.5 percent. That contrasts with comments on Oct. 3 when Powell said the Fed might raise rates past neutral, adding that they are probably “a long way” from that point. The Fed has not raised the rates in order to gain ground on neutral between Oct. 3 and today, so therefore his view of the economy has declined. The dollar has been under pressure in recent weeks on signs that the Fed might reduce the pace of rate increases amid slowing global growth, peak corporate earnings and the escalating trade tensions. U.S President Donald Trump has also expressed frustration with Fed rate hikes. Trump said in a Washington Post interview on Tuesday that he was “not even a little bit happy” with the Fed chairman and that the central bank’s policies are hurting the economy. Minutes from the Fed’s Nov. 7-8 meeting, to be released today, will next be evaluated for further indications of how many more times the U.S central bank is likely to hike interest rates. Investors are also focused on the G20 summit in Buenos Aires on Friday and Saturday, where Trump and his Chinese counterpart, Xi Jinping, are scheduled to discuss contentious trade matters. German Finance Minister Olaf Scholz said yesterday he wants euro zone reforms to include changing the European Stability Mechanism bailout fund to a European Monetary Fund (EMF) to support members’ states when needed. The British Pound was already higher before the government’s analysis of Brexit scenarios report was released yesterday. The beleaguered currency actually managed to climb further higher – hitting the $1.28.

 

 

Time(GMT)   Economic Release IMP Actual Forecast Prior
06:45 Switzerland Gross Domestic Product (YoY) (3Q) High   2.9% 3.4%
07:45 French Gross Domestic Product (YoY) (3Q) Medium   1.5% 1.5%
08:55 German Unemployment Change (000’s) (NOV) High   -10k -11k
08:55 German Unemployment Claims Rate s.a. (NOV) High   5.1% 5.1%
09:30 U.K Net Consumer Credit (OCT) Medium   1.0b 0.8b
09:30 U.K Net Lending Sec. on Dwellings (OCT) Medium   3.5b 3.9b
09:30 U.K Mortgage Approvals (OCT) Medium   64.5k 65.3k
10:00 Euro-Zone Consumer Confidence (NOV) Low   -3.9 -3.9
13:00 German Consumer Price Index (YoY) (NOV) High   2.4% 2.5%
13:30 U.S Personal Income (OCT) Medium   0.4% 0.2%
13:30 U.S Personal Spending (OCT) Medium   0.4% 0.4%
13:30 U.S PCE Core (YoY) (OCT) High   2.1% 2.0%
13:30 U.S Initial Jobless Claims (NOV 24) Medium   220k 224k
15:00 U.S Pending Home Sales (YoY) (OCT) Medium   -2.8% -3.4%
19:00 U.S FOMC Meeting Minutes (NOV 08) High      

 

Euro

The single currency gained as Euro zone members aim to agree reforms to make their currency union more resilient when they meet next week. German Finance Minister Olaf Scholz said he wanted to promote a euro zone budget as part of the EU budget to help investment, economic convergence and stability in the euro zone. Overall, the EUR/USD traded with a low of 1.1265 and a high of 1.1386 before closing the day around 1.1364 in the New York session.

 

Yen

The Japanese Yen pair ticked lower in the Wednesday session. On the release front, U.S. Preliminary GDP for the third quarter gained 3.5%, just shy of the estimate of 3.6%. This follows an identical gain of 3.5% in the Advanced GDP release. Today promises to be a busy day, as the U.S releases three key indicators. Overall, the USD/JPY traded with a low of 113.42 and a high of 114.01 before closing the day around 113.66 in the U.S session.

 

British Pound

The British Pound ticked higher yesterday. On the release front, the BoE released its financial stability report. In the U.S, the key event was Preliminary GDP, which gained 3.5% in Q3. This follows an identical gain of 3.5% in the Advanced GDP release in October. Today, the U.K releases Net Lending to Individuals as well as GfK Consumer Confidence. Overall, the GBP/USD traded with a low of 1.2730 and a high of 1.2845 before closing the day at 1.2821 in the New York session.

 

Canadian Dollar

The Canadian Dollar weakened to a five-month low against its U.S counterpart yesterday as oil prices declined and ahead of the potential signing of a new North American trade pact this week. The price of oil was pressured yesterday by rising U.S inventories and doubts over whether an OPEC-led output cut will be agreed next week. Overall, USD/CAD traded with a low of 1.3239 and a high of 1.3357 before closing the day at 1.3274 in the New York session.

 

Australian Dollar

The Australian Dollar gained as the market waited for some clarity to emerge on Sino-US trade, while soft economic data at home had only a fleeting impact. US President Donald Trump is open to reaching a deal over dinner on Saturday with Chinese leader Xi Jinping but is ready to hike tariffs if there is no breakthrough, White House economic adviser Larry Kudlow said on Tuesday. Overall, AUD/USD traded with a low of 0.7219 and a high of 0.7326 before closing the day at 0.7308 in the New York session.

Euro-Yen

EUR/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is giving a bearish tone and MACD is issuing a bullish stance. The Relative Strength Index is above 52 and lies below the neutral zone. In general, the pair has gained 0.61%.

 

Sterling-Yen

Currently, GBP/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bearish tone and MACD is indicating a bullish stance. The Relative Strength Index is above 49 reading and lies below the neutral zone. On the whole, the pair has gained 0.50%.

 

Aussie-Yen

Currently, the cross is trading above 14, 50 and 100 days moving average. Fast stochastic is giving a bullish tone and MACD is also indicating a bullish stance. The Relative Strength Index is above 61 reading and lies above the neutral region. In general, the pair has gained 1.02%.

 

Euro-Sterling

This cross is currently trading above 14, 50 and below 100 days moving average. Fast stochastic is indicating a bullish tone and MACD is also issuing a bearish signal. The Relative Strength Index is above 54 and lies above the neutral region. On the whole, the pair has gained 0.03%.

 

Sterling-Swiss

This cross is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bearish stance and MACD is also indicating a bearish tone. The Relative Strength Index is above 41 and lies below the neutral region. In general, the pair has gained 0.11%.

 

Appendix

  

FOREX Closing Prices for November 28, 2018
Currency Open High Low Close Net Chg
EUR/USD 1.12903 1.1386 1.12657 1.13644 0.0078
USD/JPY 113.761 114.018 113.423 113.661 -0.1130
GBP/USD 1.27374 1.28453 1.27305 1.28212 0.0077
USD/CHF 0.99876 1.00042 0.99237 0.99357 -0.0049
USD/CAD 1.32935 1.33575 1.32398 1.32741 -0.0020
EUR/JPY 128.432 129.235 128.226 129.187 0.7800
GBP/JPY 144.938 145.811 144.836 145.745 0.7190
CHF/JPY 113.892 114.383 113.763 114.365 0.4480
AUD/JPY 82.171 83.155 82.14 83.015 0.8390
EUR/GBP 0.88635 0.88744 0.88086 0.88609 0.0002
EUR/CHF 1.12764 1.13145 1.12588 1.12945 0.0019
GBP/CHF 1.27186 1.27893 1.27145 1.274 0.0015

 

 

Daily Pivot Points
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
EUR/USD 1.1171 1.1218 1.1291 1.1339 1.1412 1.1459 1.1532
USD/JPY 112.79 113.11 113.38 113.70 113.98 114.30 114.57
GBP/USD 1.2638 1.2684 1.2753 1.2799 1.2868 1.2914 1.2982
USD/CHF 0.9824 0.9874 0.9905 0.9955 0.9985 1.0035 1.0066
USD/CAD 1.3106 1.3173 1.3223 1.3290 1.3341 1.3408 1.3459
EUR/JPY 127.52 127.87 128.53 128.88 129.54 129.89 130.55
GBP/JPY 144.14 144.49 145.12 145.46 146.09 146.44 147.07
CHF/JPY 113.34 113.55 113.96 114.17 114.58 114.79 115.20
AUD/JPY 81.37 81.76 82.39 82.77 83.40 83.79 84.42
EUR/GBP 0.8756 0.8782 0.8822 0.8848 0.8887 0.8914 0.8953
EUR/CHF 1.1208 1.1234 1.1264 1.1289 1.1320 1.1345 1.1375
GBP/CHF 1.2632 1.2673 1.2707 1.2748 1.2781 1.2823 1.2856

 

Sources:  News, Charts & Quotes (Courtesy: Reuters, US Department Of Treasury)

 

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 市场报告                     2018-11-29

 

   
Market Summary
美元指数周三跌破97.00关口,因美联储主席鲍威尔发表了备受关注的讲话。鲍威尔表示,没有默认政策路径,利率略低于中性,这一言论与10月时的讲话有很大不同。在发表言论的期间,美元指数短线急跌,最终收于96.86。数据方面,日内公布的美国第三季度GDP增长率显示为3.5%,与前值相同,评论称美国经济增速在第三季度依然强劲,企业获利较上季度温和增加。美国10月新屋销售总数年化为54.4万户,低于前值55.3和预期58.5,美国10月单户型新屋销售下挫至逾两年半低点,因四个地区房屋销售均大幅下滑,进一步证明抵押贷款利率上升正在损及楼市。尽管随着购房需求降温,房价通胀正在放缓,但涨幅仍超过了薪资涨幅。

现货黄金周三上涨,亚市早盘开于1214.60美元/金衡盎司后震荡下行,录得日内低点1211.10美元/金衡盎司。随后因美元急跌,金价短线冲高至日内高点1226.50美元/金衡盎司后转盘整,终收于1220.90美元/金衡盎司。

国际原油周三收跌1.79美元,或3.44%,报50.29美元/桶。因美国原油库存报告再度全面利空,加重了市场对供应过剩的担忧情绪。同时对于OPEC领导的产油国下周能否就减产达成协议,市场仍感到紧张,即使美元大跌也未能阻止油价尾盘再现空单砸盘。

美国股市周三联准会主席鲍尔发表演说时称,利率「略低于」中性水平范围,既不会放缓也不会加速经济增长,市场解读升息周期可能比先前暗示的更早进入尾声,三大指数应声大涨。道琼工业指数上涨617.70点,或2.50%,报25366.43点;标准普尔500指数上涨61.62点,或2.30%,报2743.79点;纳斯达克指数上涨208.89点,或2.95%,报7291.59点。

个股方面,科技股中的FAANG引领大盘上涨,其中的Facebook(FB)上涨1.30%、亚马逊(AMZN)大涨6.09%、苹果(AAPL)上涨3.85%、Netflix(NFLX)攀升6.01%、Alphabet(GOOGL)上涨3.75%。通用汽车(GM)在周一(26日)宣告将裁撤1.4万人力并关闭多家厂房,市场一片看好重组方针,使得股价周三续涨0.71%,但美国总统川普却谴责该企业,并考虑缩减对通用汽车的补贴。

日本股市周三因日元走贬,以及上证等亚股普遍走扬,激励日经指数持续上涨,终场收涨1.02%或224.62点,收22,177.02点。

个股方面,LINE旗下LINE Financial将与瑞穗金融集团旗下瑞穗银行以及Orient公司,携手进军银行业,计划合资设立新银行「LINE Bank」进行相关筹划工作,股价应声上涨2.73%。TDK看准了市场对于高性能、高质量的磁铁需求,并表示取得昭和电工的钕铁硼磁铁研究开发事业,预计在2019年1月底前完成取得手续,股价闻讯上涨2.36%。东芝发布新闻稿宣布,将和美国Johnson Controls于车用电池事业进行合作,期望结合锂离子电池和铅电池的技术,抢攻微混合动力车市场,股价随之上扬1.10%。Persol Holdings飙涨4.06%、Pasona Group飙涨4.48%,因应缺工,日本众议院在周二通过了扩大引进外籍劳工的入管法修正案。

 

Technical  Analysis
USDJPY

从日线图上看,美元/日元隔夜震荡收跌,一度上破114关口后回落。技术指标上,MACD看涨动能柱显现,RSI指标小幅向下。后市看来,价格初步支撑指向113.200一线。上行方面,价格阻力位依旧考验114关口。

 

EURUSD

从日线图上看,欧元/美元隔夜大幅收涨,最高探至1.13859一线。技术指标上,MACD看涨动能柱扩张,RSI指标大幅向上。后市看来,价格支撑位看向1.12800一线。上行方面,价格阻力位进一步指向1.14000一线。

 

GBPUSD

从日线图上看,英镑/美元隔夜反弹收涨,全数收复前一交易日跌幅。技术指标上,MACD看跌动能柱缩减,RSI指标向上。后市看来,价格初步支撑位考验1.27200一线。上行方面,价格阻力位指向1.29000一线。

 

XAUUSD

从日线图上看,金价隔夜小幅收涨,一度从日低1211一线反弹。技术指标上,MACD看跌动能柱萎靡,RSI指标小幅向上。后市来看,金价阻力位进一步指向1230一线。下行方面,金价初步支撑位考验1214一线。

 

CL_

从日线图上看,油价隔夜回落收跌,全数回吐前两交易日升幅。技术指标上,MACD看跌动能柱微缩,RSI指标依旧超卖。后市来看,油价支撑目标考验50心理关口。上行方面,油价初步阻力位依旧看向53.00一线。

 

DJ_

从日线图上看,价格隔夜大幅收涨,最高探至25366一线。技术指标上,MACD看跌动能柱缩减殆尽,双线金叉,RSI指标向上延伸。后市来看,价格阻力位进一步考验25600一线。下行方面,价格支撑位看向24800一线。

 

NK_

从日线图上看,价格隔夜延续反弹,最高探至22400一线。技术指标上,MACD看跌动能柱扩张,RSI指标小幅向上延伸。后市来看,价格阻力位考验22500一线,下行支撑位看向21800一线。

 

 

 

28 11月 2018

Daily Market View

Daily Market View

Wednesday, November 28, 2018
          U.S Stock Market

 

DJIA S & P 500 NASDAQ
24743 2683.75 6712.00
+0.33% +0.29% -0.05%

U.S stocks made small gains yesterday after White House economic adviser Larry Kudlow said a meeting between President Trump and his Chinese counterpart on was an opportunity to “turn the page” on a trade war. All three major U.S indexes turned positive after spending much of the session in negative territory, after Kudlow’s comments days ahead of the high-stakes dinner between the two leaders after the G20 summit in Buenos Aires. But Kudlow also said the White House has been disappointed so far in China’s response to trade issues with the United States. On Monday, Trump threatened to move ahead with additional tariffs on Chinese goods, due to take effect on Jan. 1. Industrials were also the biggest drag on the Dow, led by United Technologies Corp which was down 5.5 percent following its announcement late Monday that it would divide its aerospace, elevators and building segments into three discrete companies. The Dow rose 25.41 points, or 0.1 percent, the S&P 500 gained 3.54 points, or 0.13 percent and the NASDAQ added 4.69 points, or 0.07 percent.

 

Major Economic Releases for Today
Period Event GMT Forecast Previous

 

BOE Financial Stability Report and stress test results 07:00    

nov

U.S MBA Mortgage Applications 12:00   -0.1%

dec

German GfK Consumer Confidence 12:00 10.5 10.6

oct

U.S Advance Goods Trade Balance 13:30 -$77.0b -$76.3b

3Q

U.S Gross Domestic Product Annualized (QoQ) 13:30 3.5% 3.5%

3Q

U.S Personal Consumption 13:30 3.9% 4.0%

oct

U.S New Home Sales (MoM) 15:00 4.0% -5.5%

nov

DOE U.S. Crude Oil Inventories 15:30   4851k

 

U.S Fed’s Powell Speaks to Economic Club of New York 17:00    
Dow Jones Industrial Average

The Dow Jones Industrial Average added 0.44%. The best performers of the session on the Dow Jones were Verizon Communications Inc., which rose 2.50% or 1.48 points to trade at 60.65 at the close. Meanwhile, Walgreens Boots Alliance Inc. added 2.23% or 1.82 points to end at 83.52 and Home Depot Inc. was up 2.00% or 3.40 points to 173.22 in late trade. The worst performers of the session were United Technologies Corporation, which fell 4.14% or 5.30 points to trade at 122.68 at the close. Nike Inc. declined 0.85% or 0.62 points to end at 72.09 and DowDuPont Inc. was down 0.83% or 0.48 points to 57.18.

 

 

NASDAQ 100

The tech heacy NASDAQ index added 0.01%. The top performers on the NASDAQ were Arsanis Inc. which rose 255.17% to 4.12, Wins Finance Holdings Inc. which was up 33.82% to settle at 34.79 and Aethlon Medical Inc. which gained 25.64% to close at 1.470. The worst performers were Ferroglobe PLC which was down 62.26% to 1.80 in late trade, Smaaash Entertainment Inc. which lost 40.11% to settle at 3.30 and Intellipharmaceutics International Inc. which was down 39.70% to 0.340 at the close.

 

 

Oil

Oil prices turned firmly lower during midday trading yesterday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. U.S West Texas Intermediate crude fell 2 cents to $51.61. In the previous session, WTI fell to $50.10, its lowest level since mid-October 2017. Oil prices have lost almost a third of their value since early October, weighed down by an emerging supply overhang and widespread financial market weakness. Prices rallied sharply on Monday, with Brent rising almost 2.9 percent, but the market has struggled to stay positive. Leaders of the Group of 20 nations, the world’s biggest economies, meet on Nov. 30 and Dec. 1, with the trade war between Washington and Beijing top of the agenda. With the top three crude producers — Russia, the United States and Saudi Arabia — all present, oil policy is expected to be discussed.

 

 

Precious and Base Metals

Gold fell to its lowest in more than a week yesterday as the dollar rallied after comments from U.S. Federal Reserve vice Chair Richard Clarida bolstered expectations that the central bank would continue hiking interest rates. Spot gold fell 0.6 percent to $1,214.71 per ounce, after touching its lowest since Nov. 16 at $1,213.94. U.S gold futures dropped 0.7 percent to $1,214.50 an ounce. Most of those comments from Fed officials so far have been along the lines of continuing along the path of current rate hikes, certainly some of those comments have supported the dollar and pressured gold. The dollar gained after Clarida said the central bank should continue to gradually raise interest rates, but it is “especially important” to closely monitor new economic data as monetary policy is getting close to a neutral stance. Clarida softened gold with body blows and the stronger dollar on the back of consumer confidence (data) just delivered a left hook. I think gold will be dependent on the dollar for rest of day, and we could see a bounce if the dollar retraces. Higher interest rates tend to boost the dollar, making the gold more expensive for holders of other currencies. In a separate interview, St. Louis Fed President James Bullard said the central bank may face a year of difficult decisions, with rates still low by historic standards but growth ebbing. Meanwhile, investors are also racing for position going into the G20 summit. Ahead of a meeting with Chinese President Xi Jinping at the summit in Argentina this week, U.S. President Donald Trump said that he was “highly unlikely” to accept China’s request to hold off from raising tariffs due to take effect on Jan. 1. The dollar has been the preferred safe haven this year as the U.S.-China trade war unfolded, thereby denting the appeal of bullion. Investors also awaited the minutes from the U.S. Fed’s meeting on Nov.7-8 for indications on the future path of rate hikes in 2019, while Fed Chairman Jerome Powell is due to speak today.

 

 

 

 

Traditional Agricultures

Soybean futures fell about two per cent and neared a four-week low on Monday on chart-based selling and worries about export prospects for U.S supplies amid a trade war with China.

 

 

 

Futures Settlement Price Tuesday, November 27, 2018
Instrument Contract Open High Low Settlement Net Change
DJIA DJM18 24518 24750 24403 24743 156
S & P 500 SPM18 2661.25 2684 2655.25 2683.75 15
NASDAQ 100 NDM18 6640.5 6722.5 6613 6712 42
Hang Seng HSH18 26314 26425 26133 26252 -145
Nikkei 225 NKH18 21960 22000 21810 21990 160
FTSE 100 FTH18 7034.5 7085 6983.5 7039 -8.5
Gold GCJ18 1222.3 1224.9 1211.1 1214.2 -7.9
Silver SIK18 1420 1425 1403.5 1408.5 -16
Copper HGK18 274.55 275.15 270.55 271.45 -3.1
Crude Oil CLK18 51.5 52.34 50.27 52.06 0.49
Wheat WK18 506.25 509.75 497.25 497.75 -9.25
Soybeans SK18 858.5 879.5 858.5 875.75 14.25
Corn CK18 355.75 358 355.25 356 0.5

 

 

Daily Swings  (The Pivot Levels)
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
DJM18 24167 24285 24514 24632 24861 24979 25208
SPM18 2635.92 2645.58 2664.67 2674.33 2693.42 2703.08 2722.17
NDM18 6533.00 6573.00 6642.50 6682.50 6752.00 6792.00 6861.50
HSH18 25823 25978 26115 26270 26407 26562 26699
NKH18 21677 21743 21867 21933 22057 22123 22247
FTH18 6885.17 6934.33 6986.67 7035.83 7088.17 7137.33 7189.67
GCJ18 1194.77 1202.93 1208.57 1216.73 1222.37 1230.53 1236.17
SIK18 1378.17 1390.83 1399.67 1412.33 1421.17 1433.83 1442.67
HGK18 265.02 267.78 269.62 272.38 274.22 276.98 278.82
CLK18 48.70 49.49 50.77 51.56 52.84 53.63 54.91
WK18 480.92 489.08 493.42 501.58 505.92 514.08 518.42
SK18 842.00 850.25 863.00 871.25 884.00 892.25 905.00
CK18 352.08 353.67 354.83 356.42 357.58 359.17 360.33

 

 Source: – News & Quotes (Courtesy:  Reuters)                                                                    

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

 

 

 

 

市场报告                     2018-11-28

 

   
Market Summary
美元指数周二持续上涨,因一则有关汽车关税的新闻掀起市场波澜。据德国杂志最新报导,美国总统特朗普可能最快在下周征收汽车关税,消息传来之后,美元指数闻讯上涨。数据方面,日内公布的美国11月咨商会消费者信心指数为135.7,低于前值137.9和预期136.4,而美国咨商会经济指标主管Lynn Franco表示,尽管11月数据小幅下滑,但消费者信心依旧处于历史强劲水平。美国9月S&P/CS房价指数为5.15%,低于前值5.49%和预期5.30%,标准普尔指数委员会主席David M.Blitzer表示房价和房屋销售建筑数据证实了房市正在放缓。最终美元指数收于97.37。

现货黄金周二加大跌幅,亚市早盘开于1221.90美元/金衡盎司震荡下行后转盘整。欧市多头上攻,录得日内高点1224.85美元/金衡盎司后转跌。美市金价高台跳水,一泻千里,录得日内低点1211.75美元/金衡盎司后反弹,金价震荡上行,终收于1214.45美元/金衡盎司。

国际原油周二收涨0.52美元,或1.01%,报52.08美元/桶。因俄罗斯方面终于释放出可能配合减产的信号,结合厄瓜多尔在内的多国表态支持减产,原油多头重拾部分信心。且目前市场普遍预期OPEC将在下周的政策会议上实施减产,但具体的减产幅度还未明确,加上美元的走强限制了油价的上涨空间。

美国股市周二小幅收高,因白宫经济顾问库德洛表示,美国总统川普与中国国家主席习近平周六(12月1日)将举行晚宴会谈,称川普对两国达成贸易协议持开放态度,有机会在与中国的贸易战中扭转局面。受此消息激励,科技、健康照护类股领涨,带动三大指数上涨。道琼工业指数上涨108.49点,或0.44%,报24748.73点;标准普尔500指数收涨8.72点,或0.33%,报2682.17点;纳斯达克指数上涨0.85点,或0.012%,报7082.70点。

个股方面,苹果(AAPL)收跌0.22%,因周一(26日)传出川普暗示将对苹果iPhone和笔电课征10%关税,拖累该公司股价周二早盘下挫。亚马逊(AMZN)网购创下该公司史上全球订单最多且最佳的销售纪录,激励该公司股价上涨0.0057%。汽车制造商通用汽车(GM)收跌2.55%,因宣布将实行裁员削减成本的措施,该公司首席执行官May Barra将向特朗普总统说明裁员事宜。受到受库德洛谈话的影响,波音(BA)收高0.53%,该公司被视为是面向海外市场风险敞口最大的公司之一。特斯拉(TLSA)收跌0.60%,因中国乘用车市场信息联席会周二透露,特斯拉今年10月在中国卖出了211辆电动汽车,较上年同期下滑了70%。

日本股市周二收高,因受隔夜美股大涨提振、日元下滑为出口股提供支撑,但美中贸易争端的担忧限制了大盘涨幅,日经指数终场收涨0.64%或140.40点,收21,952.40点。

个股方面,日本苹果概念股普遍走扬,其中Alps上涨1.48%、TDK上涨0.68%、太阳诱电上涨0.54%,因iPhone XS以及iPhone XS Max的加持,苹果于日本市场的出货量大增3成,且市占率大幅扬升。LINE狂飙12.94%,因LINE传出将和中国腾讯合作,抢攻日本行动支付市场,且计划对赴日中国旅客提供智慧手机支付服务。Denso上涨1.13%,为了加快自动驾驶技术的研发,Denso入股半导体大厂英飞凌,并出资额数十亿日元。日本石英组件厂大真空上涨1.69%、京瓷上涨1.48%,因日厂石英组件订单量3个月来首增,增幅创2年来最大。

 

Technical  Analysis
USDJPY

从日线图上看,美元/日元隔夜小幅收涨,温和探高至113.829一线。技术指标上,MACD看跌动能柱缩减殆尽,RSI指标小幅向上延伸。后市看来,价格初步支撑依旧指向113.200一线。上行方面,价格阻力位进一步考验114关口。

 

EURUSD

从日线图上看,欧元/美元隔夜延续回落,最低触及1.12760一线。技术指标上,MACD看涨动能柱缩减,RSI指标小幅向下延伸。后市看来,价格支撑位依旧看向1.12000一线。上行方面,价格初步阻力指向1.13600一线。

 

GBPUSD

从日线图上看,英镑/美元隔夜延续收跌,最低探至1.27241一线。技术指标上,MACD看跌动能柱扩张,RSI指标小幅向下延伸。后市看来,价格关键支撑位考验1.27000一线。上行方面,价格初步阻力位指向1.28200一线。

 

XAUUSD

从日线图上看,金价隔夜回落收跌,最低触及1211一线。技术指标上,MACD看跌动能柱显现,RSI指标向下延伸。后市来看,金价初步阻力位指向1220一线。下行方面,金价支撑位考验1200关口。

 

CL_

从日线图上看,油价隔夜探底回升,一度探低至50.29一线后反弹走高。技术指标上,MACD看跌动能柱缩减,RSI指标依旧超卖。后市来看,油价支撑目标考验50心理关口。上行方面,油价初步阻力位依旧看向54.20一线。

 

DJ_

从日线图上看,价格隔夜延续反弹,最高探至24750一线。技术指标上,MACD看跌动能柱缩减,RSI指标向上延伸。后市来看,价格阻力位进一步考验25000关口。下行方面,价格支撑位看向24300一线。

 

NK_

从日线图上看,价格隔夜震荡收涨,交投于22000关口附近。技术指标上,MACD看跌动能柱扩张,RSI指标小幅向上延伸。后市来看,价格阻力位考验22100一线,下行支撑位看向21700一线。

 

 

 

27 11月 2018

FOREX Newsletter

FOREX Newsletter

November 27, 2018

 

Pulse of the Market

·      The U.S will publish CB Consumer Confidence, which is forecast to dip to 136.2 points

·      The euro gained against the dollar today on signs that Italy may cut its budget deficit target

·      Japanese Flash Manufacturing PMI dipped to 51.8, shy of the estimate of 53.0

·      The Pound steadied yesterday after Britain sealed a deal with the European Union

The Dollar inched down yesterday amid geopolitical tensions as investors pause ahead of a planned meeting between U.S.-China leaders later this week. The U.S dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.04% to 96.785, retreating from one-week highs of 96.96 reached overnight. Trade worries weighed on the greenback, as investors wait for the G20 summit in Argentina on Friday. U.S President Donald Trump and Chinese President Xi Jinping are expected to meet on the sidelines to discuss a possible trade deal. The euro pared back earlier gains the dollar, with EUR/USD rising 0.12% to 1.1350, boosted by news that disagreements between Rome and Europe could be resolved. Italian Deputy Prime Minister Matteo Salvini indicated that his government could lower its borrowing targets, which the European Commission had said is against EU fiscal rules. Broader optimism over the euro was also reflected in the latest weekly positioning data, where long dollar positions have been declining slightly for the week ending November 16. The pound was also higher, with GBP/USD up 0.20% to 1.2839. On Sunday, EU leaders approved the terms of the UK’s withdrawal from the bloc, the Brexit deal will have to pass a vote in the British parliament in early December. The dollar was higher against the safe-haven Japanese yen, with USD/JPY rising 0.41% to 113.43. In times of uncertainty, investors tend to invest in the Japanese yen, which is considered a safe asset during periods of risk aversion. The Canadian dollar strengthened against its U.S. counterpart on Monday, paring some of last week’s decline, as oil prices and stocks rallied. Stocks were boosted by robust sales in the holiday season, after a steep selloff on Wall Street in the previous session. Canada exports many commodities, including oil, and runs a current account deficit, so its economy could benefit from an improved outlook for the global flow of trade or capital. The price of oil recovered some of the previous session’s near-7 per cent fall. U.S crude prices were up 2.7 per cent at $51.77 a barrel. The loonie gained despite a report that General Motors Co. plans to announce it will significantly cut car production in North America and stop building some low-selling car models.

 

Time(GMT)   Economic Release IMP Actual Forecast Prior
  German Retail Sales (YoY) (OCT) Medium     -2.6%
11:00 U.K CBI Reported Sales (NOV) Low   10 5
14:00 U.S House Price Index (MoM) (SEP) Medium   0.4% 0.3%
14:00 U.S House Price Purchase Index (QoQ) (3Q) Medium     1.1%
14:00 S&P CoreLogic CS 20-City (MoM) SA (SEP) Medium   0.25% 0.09%
14:00 S&P/Case-Shiller Composite-20 (YoY) (SEP) Medium   5.3% 5.49%
14:00 S&P/Case-Shiller US Home Price Index (YoY) (SEP) Medium     5.77%
15:00 U.S Consumer Confidence Index (NOV) High   136.0 137.9
15:00 U.S Conf. Board Present Situation (NOV) Medium     172.8
15:00 U.S Conf. Board Expectations (NOV) Low     114.6
19:30 U.S Fed’s Bostic, Evan and George Speak on Panel Low      
20:00 RBNZ Publishes Financial Stability Report Medium      

 

Euro

The single currency gained against the dollar on signs that Italy may cut its budget deficit target to satisfy the European Union, and as a rebound in oil prices helped to improve risk sentiment. The Euro gained despite data showing that German business morale fell by more than expected in November as the country’s exporters get caught up in a trade dispute. Overall, the EUR/USD traded with a low of 1.1323 and a high of 1.1382 before closing the day around 1.1326 in the New York session.

 

Yen

The Japanese Yen pair ticked higher yesterday. On the release front, Japanese Flash Manufacturing PMI dipped to 51.8, shy of the estimate of 53.0. This marked a 4-month low. There were no U.S indicators on the schedule. Today, Japan releases BoJ Core CPI, the preferred inflation indicator of the Bank of Japan. Overall, the USD/JPY traded with a low of 112.86 and a high of 113.63 before closing the day around 113.56 in the U.S session.

 

British Pound

The British Pound steadied after Britain sealed a deal with the European Union on quitting the bloc, with the currency’s gains curbed by doubts about whether Prime Minister Theresa May can get the agreement through a divided parliament. Sterling traders are focused on a parliamentary vote on the deal likely to take place in mid-December. Overall, the GBP/USD traded with a low of 1.2794 and a high of 1.2862 before closing the day at 1.2807 in the New York session.

 

Canadian Dollar

The Canadian Dollar strengthened against its U.S counterpart yesterday, paring some of last week’s decline, as oil prices and stocks rallied. Canada exports many commodities, including oil, and runs a current account deficit, so its economy could benefit from an improved outlook for the global flow of trade or capital.  Overall, USD/CAD traded with a low of 1.3184 and a high of 1.3259 before closing the day at 1.3251 in the New York session.

 

Australian Dollar

The Australian Dollar traded higher earlier in the session yesterday but ended the day slightly lower as the RBA described a deteriorating property market. The local currency last Friday has eased and was on track for its worst weekly performances since early October as a global sell-off in equities took the shine off risk assets. The Australian dollar, often traded as a liquid proxy for global trade prospects. Overall, AUD/USD traded with a low of 0.7222 and a high of 0.7274 before closing the day at 0.7224 in the New York session.

 

Euro-Yen

EUR/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is giving a bearish tone and MACD is issuing a bullish stance. The Relative Strength Index is above 48 and lies below the neutral zone. In general, the pair has gained 0.53%.

 

Sterling-Yen

Currently, GBP/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bearish tone and MACD is indicating a bullish stance. The Relative Strength Index is above 47 reading and lies below the neutral zone. On the whole, the pair has gained 0.53%.

  

Aussie-Yen

Currently, the cross is trading above 14, 50 and 100 days moving average. Fast stochastic is giving a bullish tone and MACD is also indicating a bullish stance. The Relative Strength Index is above 54 reading and lies above the neutral region. In general, the pair has gained 0.41%.

 

Euro-Sterling

This cross is currently trading above 14, 50 and below 100 days moving average. Fast stochastic is indicating a bullish tone and MACD is also issuing a bearish signal. The Relative Strength Index is above 51 and lies above the neutral region. On the whole, the pair has lost 0.02%.

 

Sterling-Swiss

This cross is trading above 14 and below 50, 100 days moving average. Fast stochastic is issuing a bearish stance and MACD is also indicating a bearish tone. The Relative Strength Index is above 43 and lies above the neutral region. In general, the pair has gained 0.04%.

 

Appendix

  

FOREX Closing Prices for November 26, 2018
Currency Open High Low Close Net Chg
EUR/USD 1.13336 1.13823 1.13235 1.13266 -0.0007
USD/JPY 112.905 113.632 112.86 113.567 0.6600
GBP/USD 1.28221 1.28623 1.27942 1.28078 -0.0004
USD/CHF 0.99687 0.99915 0.99525 0.99841 0.0009
USD/CAD 1.32231 1.3259 1.31846 1.32518 0.0019
EUR/JPY 128.002 128.895 127.906 128.641 0.6720
GBP/JPY 144.753 145.716 144.626 145.447 0.7700
CHF/JPY 113.216 113.779 113.132 113.72 0.5620
AUD/JPY 81.634 82.35 81.553 81.98 0.3380
EUR/GBP 0.8839 0.88669 0.88344 0.88403 -0.0002
EUR/CHF 1.13044 1.13397 1.13001 1.13091 0.0002
GBP/CHF 1.27817 1.28295 1.27686 1.27869 0.0005

 

 

Daily Pivot Points
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
EUR/USD 1.1247 1.1285 1.1306 1.1344 1.1365 1.1403 1.1424
USD/JPY 112.30 112.58 113.07 113.35 113.85 114.13 114.62
GBP/USD 1.2712 1.2753 1.2781 1.2821 1.2849 1.2890 1.2917
USD/CHF 0.9922 0.9937 0.9961 0.9976 1.0000 1.0015 1.0039
USD/CAD 1.3130 1.3157 1.3205 1.3232 1.3279 1.3306 1.3353
EUR/JPY 127.08 127.49 128.07 128.48 129.06 129.47 130.04
GBP/JPY 143.72 144.17 144.81 145.26 145.90 146.35 146.99
CHF/JPY 112.66 112.90 113.31 113.54 113.96 114.19 114.60
AUD/JPY 80.78 81.16 81.57 81.96 82.37 82.76 83.17
EUR/GBP 0.8795 0.8815 0.8828 0.8847 0.8860 0.8880 0.8893
EUR/CHF 1.1253 1.1277 1.1293 1.1316 1.1333 1.1356 1.1372
GBP/CHF 1.2700 1.2734 1.2761 1.2795 1.2821 1.2856 1.2882

 

Sources:  News, Charts & Quotes (Courtesy: Reuters, US Department Of Treasury)

 

Disclaimer

This information has been prepared for information only and does not constitute an offer or commitment. This information does not constitute investment advice as defined by the rules of the FCA.

The firm or its staff members may trade on their own account and may from time to time hold or act as market makers in investments mentioned in this document. Please note that the firm makes no warranty, expressed or implied, as to the accuracy or completeness of the information and opinions herein. All parties are advised to seek independent professional advice as to the suitability of any products and to their tax, accounting, legal or regulatory implications. City Credit Capital (UK) Ltd is authorized and regulated by the Financial Conduct Authority, reg 232015.

 

 

市場報告                     2018-11-27

 

   
Market Summary
美元指数周一持续上涨,一举上破97.00关口。虽然受意大利政府考虑降低赤字目标,以及欧盟周末通过了英国脱欧协议,这两则利好消息的提振,使得欧元/美元强势反弹。不过,好景不长,欧洲央行行长德拉基最新讲话释放出谨慎基调,欧元自高位迅速回落,原先一度承压的美元指数则加速反弹至平盘略上方,最终报收于97.08。

现货黄金周一小幅收跌,亚市早盘开于1223.15美元/金衡盎司后小幅震荡上涨,录得日内高点1227.85美元/金衡盎司后转跌。欧市金价延续跌势并加大波幅。美市金价继续走低,不断下挫,录得日内低点1221.40美元/金衡盎司后转盘整,终收于1222.00美元/金衡盎司。

国际原油周一收涨1.16美元,或2.30%,报51.56美元/桶。因沙特似乎准备绕过美国实施减产,而俄罗斯也释放可能配合减产的信号,这令原油多头重拾部分信心,目前市场目光聚焦在12月6日即将举行的石油输出国组织(OPEC)政策会议。

美国股市周一因网络购物节带动零售股大涨,以及科技股技术反弹,仅必需消费品股下滑,使得三大指数一扫上周能源股暴跌阴霾全面走高。道琼工业指数上涨354.29点,或1.46%,报24640.24点;标准普尔500指数收涨40.89点,或1.55%,报2673.45点;纳斯达克指数上涨142.87点,或2.06%,报7081.85点。

个股方面,苹果(AAPL)上涨1.35%,日本电信商Docomo周一证实先前苹果补贴iPhone XR费用的消息,其电信新方案搭售iPhone XR只要3折即可购机。微软(MSFT)上涨3.30%,在周一盘中公司市值一度超过苹果市值,暂居全球市值王宝座,这是微软8年来首次超过苹果的市值。通用汽车(GM)上涨了4.76%,因宣布将暂停几家工厂产线、缩减15%的劳力,并计划转向生产更有利可图的货卡车和休旅车,这是比投资者预期更为严厉的削减成本的计划。

日本股市周一因美股上周五(23日)走跌影响,拖累日经指数以低位开盘,然后一路走高,在日元走贬以及营建等内需股走扬的提振下,激励日经指数持续走扬,终场上涨0.76%或165.45点,收21,812.00点。

个股方面,NTT Docomo下跌0.64%,因日媒指出Docomo自周一起大砍iPhone XR(64GB)售价,最低仅2.6万日元。然而Docomo降价,显示iPhone XR恐真的销售不振,拖累液晶面板供货商Japan Display Inc跟着惨跌4.35%。日本大金工业计划将以1千亿日元买下欧洲的冷冻机器大厂AHT Cooling Systems,并以AHT现有的顾客为基础,结合大金的空调技术来扩展事业版图,股价也应声收涨3.15%。任天堂大涨2.90%,因宝可梦热卖加持,使得Switch游戏机日本销量飙增2.4倍,创史上第5高纪录。2025年世界博览会由日本大阪夺下主办权,为大阪睽违了55年后再度主办,激励日本营建、铁道等万博概念股嗨涨,其中五洋建设飙涨5.46%、大林组大涨4.10%、连结关西机场和大阪市内的南海电气铁道大涨3.62%。

 

Technical  Analysis
USDJPY

从日线图上看,美元/日元隔夜大幅收涨,最高探至113.637一线。技术指标上,MACD看跌动能柱缩减,RSI指标大幅向上。后市看来,价格初步支撑指向113.200一线。上行方面,价格阻力位进一步考验113.900一线。

 

EURUSD

从日线图上看,欧元/美元隔夜冲高回落,最高触及1.13822一线后全数回吐。技术指标上,MACD看涨动能柱缩减,RSI指标小幅向下。后市看来,价格支撑位依旧看向1.12000一线。上行方面,价格初步阻力指向1.14000一线。

 

GBPUSD

从日线图上看,英镑/美元隔夜震荡微跌,一度反弹至1.28626一线后回落走低。技术指标上,MACD看跌动能柱微缩,RSI指标走平。后市看来,价格支撑位进一步考验1.27000一线。上行方面,价格初步阻力位指向1.28500一线。

 

XAUUSD

从日线图上看,金价隔夜微幅收跌,最高触及1227一线后跳水。技术指标上,MACD看涨动能柱萎靡,双线黏合,RSI指标小幅向下。后市来看,金价初步阻力位依旧指向1234一线。下行方面,金价支撑位考验1213一线。

 

CL_

从日线图上看,油价隔夜小幅反弹,持稳50关口上方。技术指标上,MACD看跌动能柱缩减,RSI指标依旧超卖。后市来看,油价支撑目标考验50心理关口。上行方面,油价初步阻力位看向54.20一线。

 

DJ_

从日线图上看,价格隔夜反弹收涨,最高探至24662一线。技术指标上,MACD看跌动能柱缩减,RSI指标向上远离超卖区。后市来看,价格初步阻力位考验24800一线。下行方面,价格支撑位看向24300一线。

 

NK_

从日线图上看,价格隔夜低开高走,重回22000关口上方。技术指标上,MACD看跌动能柱扩张,RSI指标向上延伸。后市来看,价格阻力位考验22100一线,下行支撑位看向21700一线。

 

 

 

26 11月 2018

FOREX Newsletter

FOREX Newsletter

November 26, 2018

 

Pulse of the Market

·      Risk aversion drove all of the major currencies lower against the U.S Dollar on Friday

·      For the UK, even if EU leaders approve the agreement PM May still needs to sell it to Parliament

·      Italy’s troubles continue to plague the euro which fell to fresh lows against the greenback

·      The Canadian dollar was hit the hardest although a large part of that was of decline in oil prices

 

The biggest story last week was the meltdown in equities that spilled over to currencies. U.S stocks turned negative for the year after erasing all of its gains. This is significant because less than 2 months ago, the S&P 500 was up about 9%. It lost all of that in a matter of a month, recovered briefly and is now back in the red. As a result risk aversion drove all of the major currencies lower against the U.S. dollar. The Canadian dollar was hit the hardest although a large part of that had to do with the decline in oil prices. The Japanese Yen and Swiss Franc were the best performers, which is natural under a risk averse environment while the Australian and New Zealand dollars were the worst. Looking ahead, the last week of November brings a renewed focus on Brexit and trade in the lead up to the EU’s Brexit summit and the G20 meeting. There’s also data on the calendar that could be market moving including Germany’s IFO and unemployment reports, the U.S’ confidence, trade, personal income, personal spending, Q3 GDP revisions, the Fed minutes, New Zealand’s trade balance and Chinese PMIs. Earlier in the week, sterling popped after Prime Minister May managed to secure a deal with the European Union but the agreement does not resolve many of the major issues that put the deal at risk. For the EU, Gibraltar, the Irish backstop and fishing rights are lingering problems that could scuttle the deal. Spain made it clear that they will reject any agreement that leaves them out out of talks involving the status of Gibraltar. Now the UK needs a majority (not all) of the 27 member states to support the agreement but given Spain’s role, the agreement will most likely be amended which could lead to further back and forth to satisfy their concerns. Meanwhile Italy’s troubles continue to plague the euro which fell to fresh lows against the greenback. Last week, the European Commission opened disciplinary measures against Italy for refusing to submit a budget proposal that complies with their rules. EU member states have 2 weeks to agree with the EC’s decision to begin the Excessive Deficit Procedure (EDP) and if they do, the EC will give Italy the opportunity to prepare a response on how they will rein their deficit in and bring it back into compliance with EU rules. Last but not least, the Canadian dollar has been hit hard by the decline in oil prices. Since peaking in the beginning of October, the price of crude has fallen more than 30% with prices dropping to a fresh 1 year low last week.

 

 

Time(GMT)   Economic Release IMP Actual Forecast Prior
00:30 Nikkei Japan PMI Manufacturing (NOV) Medium     52.9
09:00 German IFO Business Climate (NOV) Medium   102.3 102.8
09:00 German IFO Expectations (NOV) Medium   99.3 99.8
09:00 German IFO Current Assessment (NOV) Medium   105.6 105.9
09:30 U.K BBA Loans for House Purchase (OCT) Medium     38505
13:30 U.S Chicago Fed Nat Activity Index (OCT) Low     0.17
14:00 ECB’s Draghi Speak in European Parliament in Brussels High      
18:30 BOE Governor Carney, former Fed Chairman Greenspan Speak High      
21:45 New Zealand Trade Balance (OCT) Medium     -1560m

Euro

The single currency slumped half a percent in Friday’s trading session on signs that economic growth could be slowing across the euro zone with worries about Brexit and Italy’s budget negotiations also weighing on the single currency. Business growth in the euro zone slowed much faster than expected this month. Overall, the EUR/USD traded with a low of 1.1326 and a high of 1.1419 before closing the day around 1.1333 in the New York session.

 

Yen

The Japanese Yen pair put in a mixed performance last week before closing higher. The price action was a little skewed last week due to thin trading conditions because of bank holidays in the United States and Japan. The Forex pair started the week under pressure as investors continued to react to relatively flat U.S consumer inflation data. Overall, the USD/JPY traded with a low of 112.64 and a high of 112.99 before closing the day around 112.90 in the U.S session.

 

British Pound

The British Pound fell sharply against the U.S Dollar on Friday. The British Pound recovered some lost ground against the Euro ahead of the Sunday meeting of EU leaders in the wake of news the UK and the European Commissions had agreed a text on the Political Declaration on future trade negotiations. Overall, the GBP/USD traded with a low of 1.2796 and a high of 1.2880 before closing the day at 1.2812 in the New York session.

 

Canadian Dollar

The Canadian Dollar weakened on Friday, as a further slide in the price of oil offset domestic data showing above-target inflation and increased retail sales. Canada’s annual inflation rate remained above the central bank’s target of 2 per cent for the ninth straight month in October and retail trade volumes climbed 0.5 per cent in September, data showed.  Overall, USD/CAD traded with a low of 1.3182 and a high of 1.3256 before closing the day at 1.3232 in the New York session.

 

Australian Dollar

The Australian Dollar has eased and is on track for its worst weekly performances since early October as a global sell-off in equities took the shine off risk assets. It was down more than one per cent last week. The losses coincided with a global share rout as investors fretted about a possible slowdown in world growth amid policy tightening in the United States and the bitter Sino-US trade war.  Overall, AUD/USD traded with a low of 0.7216 and a high of 0.7255 before closing the day at 0.7230 in the New York session.

 

Euro-Yen

EUR/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is giving a bearish tone and MACD is issuing a bullish stance. The Relative Strength Index is above 42 and lies below the neutral zone. In general, the pair has lost 0.64%.

 

Sterling-Yen

 

Currently, GBP/JPY is trading below 14, 50 and 100 days moving average. Fast stochastic is issuing a bearish tone and MACD is indicating a bullish stance. The Relative Strength Index is above 43 reading and lies below the neutral zone. On the whole, the pair has lost 0.51%.

 

Aussie-Yen

Currently, the cross is trading above 14, 50 and 100 days moving average. Fast stochastic is giving a bullish tone and MACD is also indicating a bullish stance. The Relative Strength Index is above 51 reading and lies above the neutral region. In general, the pair has lost 0.31%.

 

Euro-Sterling

This cross is currently trading above 14, 50 and below 100 days moving average. Fast stochastic is indicating a bullish tone and MACD is also issuing a bearish signal. The Relative Strength Index is above 52 and lies above the neutral region. On the whole, the pair has lost 0.12%.

 

Sterling-Swiss

This cross is trading above 14 and below 50, 100 days moving average. Fast stochastic is issuing a bearish stance and MACD is also indicating a bearish tone. The Relative Strength Index is above 42 and lies above the neutral region. In general, the pair has lost 0.28%.

 

Appendix

  

FOREX Closing Prices for November 23, 2018
Currency Open High Low Close Net Chg
EUR/USD 1.14049 1.14199 1.13262 1.13331 -0.0069
USD/JPY 112.931 112.99 112.641 112.907 -0.0170
GBP/USD 1.28761 1.28808 1.27969 1.28122 -0.0063
USD/CHF 0.99451 0.99784 0.99329 0.99748 0.0026
USD/CAD 1.31898 1.32562 1.31824 1.32324 0.0046
EUR/JPY 128.799 128.896 127.798 127.969 -0.8180
GBP/JPY 145.428 145.505 144.324 144.677 -0.7390
CHF/JPY 113.485 113.628 113.013 113.158 -0.2920
AUD/JPY 81.889 81.949 81.394 81.642 -0.2550
EUR/GBP 0.88548 0.8876 0.8868 0.88424 -0.0011
EUR/CHF 1.13401 1.13525 1.12951 1.13069 -0.0037
GBP/CHF 1.281 1.28204 1.27599 1.27821 -0.0036

  

 

Daily Pivot Points
  Trading Range  
Contract S3 S2 S1 Pivot R1 R2 R3
EUR/USD 1.1206 1.1266 1.1300 1.1360 1.1393 1.1453 1.1487
USD/JPY 112.35 112.50 112.70 112.85 113.05 113.20 113.40
GBP/USD 1.2695 1.2746 1.2779 1.2830 1.2863 1.2914 1.2947
USD/CHF 0.9900 0.9917 0.9946 0.9962 0.9991 1.0008 1.0037
USD/CAD 1.3117 1.3150 1.3191 1.3224 1.3265 1.3297 1.3339
EUR/JPY 126.45 127.12 127.55 128.22 128.64 129.32 129.74
GBP/JPY 142.98 143.65 144.17 144.84 145.35 146.02 146.53
CHF/JPY 112.29 112.65 112.90 113.27 113.52 113.88 114.13
AUD/JPY 80.82 81.11 81.37 81.66 81.93 82.22 82.48
EUR/GBP 0.8840 0.8854 0.8848 0.8862 0.8856 0.8870 0.8864
EUR/CHF 1.1226 1.1261 1.1284 1.1318 1.1341 1.1376 1.1399
GBP/CHF 1.2694 1.2727 1.2755 1.2787 1.2815 1.2848 1.2876

 

Sources:  News, Charts & Quotes (Courtesy: Reuters, US Department Of Treasury)

 

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