HFMarkets (hfm.com): Market analysis services.

[dyadyaSasha]

The current trends of the stock market make you think very hard!!! Thank you the information was helpful

[dyadyaSasha]

Exploring Free Services for Stock Market Analysis
The world of stock market trading is both exciting and complex, with countless variables influencing asset prices. For traders and investors seeking insights and informed decisions, various free services provide valuable tools and analysis. In this article, we will explore some of the best free services available for stock market analysis.
1. Yahoo Finance
Yahoo Finance is a well-known platform that offers a wide range of financial data and tools for stock market analysis. Some of its key features include:

• Stock Quotes: Real-time stock quotes with detailed information on individual stocks.
• Financial News: Up-to-date financial news and articles covering the latest market developments.
• Interactive Charts: Interactive and customizable stock charts with technical indicators.
• Screeners: Stock screeners to filter stocks based on various criteria, allowing users to discover potential investment opportunities.

2. Google Finance
Google Finance is another free platform that provides comprehensive financial information and tools. Its notable features include:

• Market Overview: A snapshot of the overall market performance, including major indices and top gainers/losers.
• Stock Screener: A tool to filter and screen stocks based on specific criteria like market cap, P/E ratio, and more.
• Interactive Charts: Interactive charts with various timeframes and technical analysis indicators.
• News: Timely financial news and articles related to the stock market.

3. CNBC
CNBC is a popular financial news network that offers free access to a wide range of market-related content, including:

• Live TV: Live streaming of CNBC's television broadcasts, including market analysis and expert opinions.
• News and Analysis: In-depth news coverage, articles, and market analysis from CNBC's team of experts.
• Market Data: Real-time market data, including stock quotes, charts, and indices.

4. TradingView
TradingView is a versatile and user-friendly platform that provides free and paid versions for technical analysis. Its free features include:

• Customizable Charts: Highly customizable and interactive stock charts with various technical indicators.
• Social Networking: A social platform for traders to share ideas, analyses, and strategies.
• Stock Screener: A tool to find stocks based on specific technical criteria.

5. FinViz
FinViz is a free stock market visualization platform that offers:

• Heat Maps: Visual representations of market data, including stock performance and market sectors.
• Stock Screener: A powerful stock screener that allows users to filter stocks based on various parameters.
• Charts: Interactive charts with technical analysis tools.
• News: Access to financial news and market-related articles.

Conclusion:
For traders and investors looking to access stock market analysis tools without breaking the bank, these free services offer valuable resources. However, it's essential to keep in mind that while these platforms provide a wealth of information, successful trading and investing also require a solid understanding of market fundamentals, risk management, and continuous learning. Combining these free analysis tools with a sound strategy can lead to more informed and potentially profitable decisions in the stock market.

[HFblogNews]

Date 31st August 2023.


Market Update – August 31 – Markets sustain the “Bad News Is Good News” stance.



Trading Leveraged Products is risky


Asian stock markets traded mixed overnight, with mainland China bourses underperforming. Chinese manufacturing contracted in August for a 5th straight month, while Chinese property stocks fell after Country Garden, once the country’s largest developer by sales, reported record losses and China Vanke cancelled a share placement. China’s property sector is dealing with a renewed liquidity crisis. Country Garden on Wednesday reported a $7bn first-half loss, its worst ever. European stock futures are higher, also helped by upbeat reports from UBS. French inflation numbers were much higher than anticipated.





German retail sales disappointed again. Sales dropped -0.8% m/m in July. Expectations had been for a slight rise, after the two consecutive months of contraction. Consumer confidence also deteriorated again in data released yesterday, and high inflation and rising debt financing costs are still curtailing consumption.


*FX – USDIndex recovered to 103.25 from 102.84 lows, EURUSD turned to 1.0889 from 1.0949, GBPUSD steady at 1.2700 and USDJPY lifted to 146.30 with the Yen still close to the weakest level in over nine months as markets continue to test the resolve of officials to keep the currency underpinned.
*Stocks – The US100 surged 1.74%, while the US500 advanced 1.45%, with the US30 up 0.85%. The US500 rose for a 4th straight session, the first time since the end of July. And it broke resistance at 4440 to extend the move to 4495. UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts.
*Commodities – USOil sideways at 81.44 failing o break the 61.8% Fib. level from the August downleg.
*Gold – Spiked to $1,949.


Today: Eurozone CPI readings are likely to surprise on the upside, which will boost rate hike bets. Also the July income, consumption, and PCE deflator numbers will be scrutinized, along with weekly jobless claims.





Key Mover: XAUEUR (+0.51%) retests 2-month Supply Zone at 1785-1795.


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.

[HFblogNews]

Date: 1st September 2023.


Market Update – September 1 – The Calm Before the Storm?



Trading Leveraged Products is risky


The markets were quiet on the last day of August, awaiting the key jobs report today. Treasuries and the US Dollar were firmer, but off their best levels, while Wall Street closed mixed. Ongoing expectations that the FOMC can pause, or is done with rate hikes continued to support along with the lingering impact from the dovish JOLTS result, the cooling in ADP, and the downward revision to Q2 GDP. Income numbers were in line with expectations, including the pick up in y/y inflation metrics, and hence did not hurt the optimistic Fed outlook. The drop in jobless claims was also overlooked. Month-end buying also supported.





Asian stock markets traded mixed, with Hang Seng and ASX struggling, while JPN225 and CSI 300 nudged higher. Futures are posting fractional gains in Europe and the US, although the US100 is struggling. The 10-year Treasury yield is up 0.4 bp as the all important US jobs report comes into view.


*FX – USDIndex recovered Wednesday’s losses and is currently settled at 103.71, EURUSD turned down to 1.0830, GBPUSD pulled back to 1.2650. Both EUR and Sterling corrected today as markets reined in tightening expectations for BoE and ECB, with yields dropping across the board and Eurozone spreads coming in. US data added further support for the USD as markets assess the interest rate outlook.
*Stocks – Wall Street gave up its gains and faded into the close, leaving the US30 and US500 down -0.48% and -0.16%, respectively, breaking a string of four straight days of gains. The US100 was up 0.11%, higher for a fifth consecutive session.
*Commodities – USOil prices have extended gains with WTI now up 1.9% to $83.65 and Brent 1.25% firmer at $87.15. This is a sixth consecutive session of gains on WTI, the best run since the start of the year. Along with the signs of a still robust US economy, indication of more stimulus from China, and declining stockpiles, Bloomberg reports that Russia has agreed with OPEC+ to extend output cuts. Also, the impacts from Hurricane Idalia are still being assessed.





Key Mover: USOil & UKOIL have extended gains by 1.9% to $83.65 and 1.25% to $87.15 respectively as Bloomberg reported Russia has agreed with OPEC+ to extend output cuts.


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.

[dyadyaSasha]

[COLOR=var(--text-primary)][COLOR=var(--tw-prose-body)]Here is an overview of some English-language services that provide analysis services for the Forex market:

1. [COLOR=var(--tw-prose-bold)]Forex Factory:[/COLOR] Forex Factory is a popular online forum and website that offers a wide range of resources for Forex traders, including economic calendars, news, forums, and market analysis. Traders can find discussions on various trading strategies and access valuable information.
   
2. [COLOR=var(--tw-prose-bold)]DailyFX:[/COLOR] DailyFX is a comprehensive resource provided by IG Group, offering a variety of educational materials and market analysis. Traders can access daily market news, technical and fundamental analysis, webinars, and trading tools.
   
3. [COLOR=var(--tw-prose-bold)]Investing.com:[/COLOR] Investing.com provides a Forex section with real-time quotes, charts, news, and analysis. Traders can find economic calendars, technical indicators, and various tools to assist in their trading decisions.
   
4. [COLOR=var(--tw-prose-bold)]Babypips.com:[/COLOR] Babypips.com is a beginner-friendly website offering Forex education through its "School of Pipsology." It covers essential topics and provides analysis on market conditions.
   
5. [COLOR=var(--tw-prose-bold)]Forexlive:[/COLOR] Forexlive is a news and analysis website that focuses on the Forex market. Traders can access real-time news, technical analysis, and commentary from experienced analysts.
   
6. [COLOR=var(--tw-prose-bold)]FXStreet:[/COLOR] FXStreet is a well-known Forex analysis website that offers news, reports, charts, and webinars. They provide valuable insights into currency markets and have a diverse team of analysts.
   
7. [COLOR=var(--tw-prose-bold)]OANDA:[/COLOR] While primarily a brokerage, OANDA provides a range of Forex analysis tools and resources. Their website offers currency converters, historical exchange rate data, and economic news.
   
8. [COLOR=var(--tw-prose-bold)]TradingView:[/COLOR] TradingView is a platform that provides advanced charting tools and a social community for traders. Traders can share their analysis and ideas, and access a wide variety of technical indicators and drawing tools.
   
9. [COLOR=var(--tw-prose-bold)]FXEmpire:[/COLOR] FXEmpire offers daily and weekly Forex analysis, including technical and fundamental analysis, forecasts, and expert opinions.
   
10. [COLOR=var(--tw-prose-bold)]Myfxbook:[/COLOR] Myfxbook is a popular Forex community that offers analysis tools, including an economic calendar, trading strategies, and a social trading network.

These English-language services provide a wealth of information and analysis tools to assist Forex traders in making informed decisions. Traders can choose the service that best aligns with their trading needs and preferences.
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[HFblogNews]

Date: 4th September 2023.


Market Update – September 4- The first full week of a historically negative month for Stocks and Gold kicks in.



Trading Leveraged Products is risky


First of all a reminder: US and Canadian cash markets will be closed today because of the Labour Day celebration, obviously resulting in diminished flows this afternoon. Going back in chronological order, APAC is led by the excellent performance of the China50 and especially Hong Kong where a surge on real estate stocks helped the indices to add 2.5% and 1.8% respectively. This comes after embattled Country Garden reportedly won approval to extend payments for an onshore Private Bond and is now up 7.9% (just out the wire they are trying to get financing in Malaysian Ringgit); the overall Mainland Properties Index is +7.32%. This week there will be important data from this hemisphere with the RBA rate decision and the Chinese trade balance.


Friday’s NFP figure was slightly better than expected (+187k vs +170k expected) but at the same time the previous two readings were revised downwards by 100k, while the unemployment rate surprisingly jumped to 3.8% (3.5% expected) also as a result of an increase in labour force participation (62.8% vs 62.6%). There are more people seeking employment and this is probably one of the factors that led to a fractional decrease in Average Hourly Earnings. Overall, we emerge from the week with the impression that the labour market is finally starting to slow down.


Relative Performances by Sector, August





Yields and USD reacted by plummeting shortly after the data, before totally reverting the move and ending the day up; the long-end has experienced the heavier selling pressure, resulting in the curve steepening.


Crude oil soared again (+2.30%) with the EIA and API data showing considerable pressure on stocks during the week probably due to the effect of several months of production cuts. At the same time, Copper hit $390 before sellers emerged, adding to its 6.50% rally since mid August on decent Chinese Manufacturing data.


*FX – USDIndex recovered 104 (104.09 now), EURUSD turned below 1.08 (1.07865, GBPUSD just north of 1.26 (1.2609). USDJPY sits above 146 once again, USDCNH 7.2667.
*Stocks – US30 closed higher on Friday and notched its best week since July. US500 +0.2%, US100 -0.02% but still up +3.67% on the week. In Europe GER40 closed -0.6%, CAC40 – 0.29%.
*Commodities – USOil is digesting last Friday’s rally, now -0.61% at $85.48, the spread against UKOil has reduced to $2.97. Copper flat at $385 after sellers emerged at $390 on Friday.
*Gold – still hovering around $1940, XAG pulled back powerfully from $25 ($24.18 now).


LATER TODAY: German Trade Balance, Switzerland GDP, EU Sentix confidence, ECB’s Lagarde speech





INTERESTING MOVER: TESLA -5.06% at $245.01 after lowering the US prices of its Model S and X for the seventh time in 2023, now $30k and $40k respectively cheaper than at the beginning of the year. The price was rejected by the 50MA and the MACD is negative.


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.

Marco Turatti
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.

[HFblogNews]

Date: 5th September 2023.


Market Update – September 5 – RBA on hold, Chinese services deteriorate after a Monday without US lead
.



Trading Leveraged Products is risky


First of all a reminder: US and Canadian cash markets will be closed today because of the Labour Day celebration, obviously resulting in diminished flows this afternoon. Going back in chronological order, APAC is led by the excellent performance of the China50 and especially Hong Kong where a surge on real estate stocks helped the indices to add 2.5% and 1.8% respectively. This comes after embattled Country Garden reportedly won approval to extend payments for an onshore Private Bond and is now up 7.9% (just out the wire they are trying to get financing in Malaysian Ringgit); the overall Mainland Properties Index is +7.32%. This week there will be important data from this hemisphere with the RBA rate decision and the Chinese trade balance.


Friday’s NFP figure was slightly better than expected (+187k vs +170k expected) but at the same time the previous two readings were revised downwards by 100k, while the unemployment rate surprisingly jumped to 3.8% (3.5% expected) also as a result of an increase in labour force participation (62.8% vs 62.6%). There are more people seeking employment and this is probably one of the factors that led to a fractional decrease in Average Hourly Earnings. Overall, we emerge from the week with the impression that the labour market is finally starting to slow down.


Relative Performances by Sector, August





Yields and USD reacted by plummeting shortly after the data, before totally reverting the move and ending the day up; the long-end has experienced the heavier selling pressure, resulting in the curve steepening.


Crude oil soared again (+2.30%) with the EIA and API data showing considerable pressure on stocks during the week probably due to the effect of several months of production cuts. At the same time, Copper hit $390 before sellers emerged, adding to its 6.50% rally since mid August on decent Chinese Manufacturing data.


*FX – USDIndex recovered 104 (104.09 now), EURUSD turned below 1.08 (1.07865, GBPUSD just north of 1.26 (1.2609). USDJPY sits above 146 once again, USDCNH 7.2667.
*Stocks – US30 closed higher on Friday and notched its best week since July. US500 +0.2%, US100 -0.02% but still up +3.67% on the week. In Europe GER40 closed -0.6%, CAC40 – 0.29%.
*Commodities – USOil is digesting last Friday’s rally, now -0.61% at $85.48, the spread against UKOil has reduced to $2.97. Copper flat at $385 after sellers emerged at $390 on Friday.
*Gold – still hovering around $1940, XAG pulled back powerfully from $25 ($24.18 now).


LATER TODAY: German Trade Balance, Switzerland GDP, EU Sentix confidence, ECB’s Lagarde speech





INTERESTING MOVER: TESLA -5.06% at $245.01 after lowering the US prices of its Model S and X for the seventh time in 2023, now $30k and $40k respectively cheaper than at the beginning of the year. The price was rejected by the 50MA and the MACD is negative.


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.

Marco Turatti
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.

[dyadyaSasha]

In the Forex market, not everything is amenable to mathematical calculation, how not to calculate, how not to analyze, and sometimes you still lose. After all, there is an element of luck in the Forex market.

[HFblogNews]

Date: 6th September 2023.


Market Update – September 6 – Saudis, Russia extend voluntary production cuts.



Trading Leveraged Products is risky


US stocks fell on Tuesday – with the exception of the US100 – weighed down by higher oil prices and rising Treasury yields. Saudi Arabia will extend its 1 million barrel per day voluntary oil production cut until the end of the year, according to the state-owned Saudi Press Agency, and the cut adds to the 1.66 million barrels per day that other OPEC members have put in place until the end of 2024. Russia, through its Deputy Prime Minister Novak, also pledged to extend its 300k bpd cuts until the end of December, and will review the measure on a monthly basis. UKOil traded above $90 till a few minutes ago (now $89.84) and USOil went as high as $88 at some point yesterday. This was immediately reflected firstly in US yields, which rose 6bps on the 10-year, and the USD also benefited. The phantom of inflation may not yet be vanquished with the main raw material of our energy-intensive societies rising by 30% in just over two months. Stocks have fallen: airline and cruise stocks obviously suffered but all sectors except Energy, Technology and Consumer discretionary went down. European indices also dropped as economic data for the region came in mixed. Eurozone producer prices fell 7.6% in July from a year ago. But business activity in August dropped at the steepest rate in nearly three years. Overnight the Australian GDP figure showed a slowdown compared to the previous quarter, but was less marked than expected.


Sectorial Etf Performances





*FX – USDIndex hit its highest level since 10 March, now at 104.64. USDJPY at 2023 highs, 147.08 now but traded as high as 147.815. USDCNH slides to 7.31 but previously touched 7.325. EURUSD -0.61% at 1.0737 now close to critical levels, GBPUSD at 1.2581 with its price clearly below a trendline.
*Stocks – Flattish Chinese indices, JPN225 +0.77% at 33227, AUS200 -0.75%. US Futures all aligned at -0.07% right now, EU Futures -0.2%/-0.3%. Yesterday Materials -1.85%, Industrials -1.68%, Utilities -1.22%.
*Commodities – USOil touched $88.05, trading at $86.50 right now; UKOil rose as high as $91.12 now at $89.83.
*Gold – pressured again, -0.56% yesterday now flat at $1926. XAG dropped -1.67%, further down -0.33% at $23.45 now.


LATER TODAY: Germany Factory Orders, EU Retail Sales, US Trade Balance, PMIs, Bank of Canada Interest Rate decision, Fed Beige Book.





INTERESTING MOVER: USOil added another +0.84% ($86.7) to its more than 2 month long 30% rally. Resistances at $88.5/$89 and $92.5/$93 areas, support in the $83.5/$84 area. MACD, RSI positive, Price above 50d-200d MAs that recently crossed to the upside.


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.

Marco Turatti
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.

[HFblogNews]

Date: 7th September 2023.


Market Update – September 7 – Futures negative on Oil, rates rise, weak data; EU GDP ahead.



Trading Leveraged Products is risky


European markets are heading for a lower open today (Thursday) with investors looking ahead to the Q2 GDP and employment change over the same period. Data continues to come in very weak from Germany where Industrial Production just showed a further decline after Factory Orders plummeted again yesterday (-11.7% m/m). This also plays a role in last night’s weak Chinese imports data, which declined again -7.3% y/y, although this was less than expected. Exports also contracted and to stay within the same region, the Australian Trade Balance deteriorated by about 2 billion in July. Yesterday the BOC left rates unchanged at 5% while the FED’s Beige Book saw an unusual abuse of the word ”recession” (used 15 times), despite it having clearly disappeared from the last corporate earnings reports.


Equity markets are weak while Rates and USD keep going higher. The Chinese have given up defending their onshore FX exchange rate (CNY) and it has broken above recent highs. Oil is unstoppable on the back of recent news and apparent supply shortage. EU GDP is expected to have been positive in Q2 (+0.3%) and also on a yearly basis (+0.6%). US Jobless claims will give us new insight into the labour market which seems to have slowed down as per last week’s data.





*FX – USDIndex +0.05% at 104.87, USDJPY touched 147.87, now -0.14% at 147.47, USDCNH 7.329, Cable – 0.07% and < 1.25, AUDUSD +0.11% @ 0.6387.
*Stocks – EU Futures -0.3% (both GER40 and FRA40), US30 -0.20%, US100 -0.34%, AAPL, NVDA >-3% yesterday.
*Commodities – USOil giving up some of the recent gains but still close to recent highs, -0.43% @ $87.18, UKOil trades @ $90.26.
*Gold – $1917,83, mainly flat. XAG leads the way, -0.47% at $23.06.


LATER TODAY: EU Q2 employment change, EU Q2 GDP, US Jobless claims, FED’s Williams, Bostic, Bowman, BOC’s Governor speech.





INTERESTING MOVER: GBPUSD (-0.26% this morning @ 1.2475) remains heavier than other peers, has broken recent lows and is heading toward 1.2440 support, 200MA at 1.2430, weak RSI, Negative MACD.


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.

Marco Turatti
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.