Daily Important Hits (August 01,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 Gloomy data tempers optimism on global economy.
🌍 FX options wrap - EUR/USD shackles, JPY shift, vulnerable GBP.
🌍 COMMENT-EUR/USD still shackled to yuan, yield influences.
🌍 After getting drilled, energy sector flowing again.
🌍 Sterling falls to three-week low as traders await BoE decision.
🌍 BoE watch: risk of three-way vote split.
🌍 China asks some banks to reduce or delay dollar buying -sources.
🌍 Why the BoJ tweak doesn't support the yen.
🌍 Forint at more than 4-month low, zloty eases from multi-year high.
🌍 Crypto stocks decline as bitcoin touches six-week low.
🌍 South African rand tumbles as risk-off sentiment spikes.
🌍 Rouble steadies after second drone strike on Moscow financial district.

😱@Market

✅ $UBER is currently at a strong resistance level of a rounding pattern and also it has formed a rising channel as well. The plus point is the market is also at the fib golden zone if $UBER breaks the current resistance we can expect a more upside movement.

✅If the market breaks the rising channel the price is possible to hit the golden zone 2 and reverse the market.

✅ If the market loses the golden zone 2, can expect downward market movement further.

✅ Further, note that $UBER indicates bearish divergence as well.

😱 @Market

✅ $SOFI broke the double bottom pattern and a strong trend line (Support level 2) and currently holding in support level 3. The price is possible to go up to the golden zone marked in the TA picture.

✅ If the marker loses current support the price can possibly reverse from Support Level 2 and Golden Zone 1.

✅ If the market cannot hold the above-mentioned support levels, further dump can be expected.

✅ It is worth to noting that $SOFI indicates a bearish divergence as well.

😱 @Market

Daily Important Hits (August 02,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 U.S. Treasury sanguine on U.S. debt demand after Fitch downgrade.
🌍 Seasonal factors point to some type of setback -Carson Group.
🌍 Latam FX hit as US credit downgrade bruises mood, dollar pops.
🌍 Fitch downgrade of US adds to risk of de-dollarization.
🌍 South African rand tumbles as poor PMI data, U.S. downgrade bite.
🌍 Dollar shrugs off Fitch's U.S. downgrade, advances on strong jobs data.
🌍 Private equity flocks to the Baltic.
🌍 Gold retreats as US dollar, bond yields resume climb.
🌍 Wall Street stumbles after Fitch downgrade.
🌍 FX options wrap - AUD and GBP lead volatility protection surge.
🌍 Chip stocks have certainly been crisp.
🌍 TSX futures decline after Fitch downgrades US credit rating.

😱@Market

✔️ $YELL (Yellow Corporation) rejected from Golden Zone 1 and from trend line 1 as well, currently showing a downtrend movement but it is now in golden zone 2 where an ideal buy zone for buyers as there is a possibility to show an up movement until trend line 1.

✔️ If the market loses the Golden Zone 2, a downtrend movement can be expected until Trend Line 2. Further dump can be expected if the market breaks the trend line 2 to the downside.

✔️ Bullish divergence was spotted in the 4H time frame before the price hike.

😱 @Market

✔️ $MARA (Marathon Digital Holdings, Inc.) is currently at a strong resistance level after breaking out the descending trend line, if the market breaks the current resistance level, the price is possible to hit Golden Zone 1 $42-$55.

✔️ If the market rejects the current resistance and breaks the support level 1, it is possible to show a downtrend moment until golden zone 2 ($11 - $8).

✔️ Further dump can be expected if the market loses golden zone 2 and then support Level 2.

😱 @Market

Daily Important Hits (August 03,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 BoE ups by 25 bps: relief for real estate.
🌍 Dollar hits 4-week peak, sterling lower after BOE hike.
🌍 TSX futures shed as commodity prices slip on risk off mood.
🌍 UK gilt yields fall, shares gain after BoE raises rates.
🌍 Gold steadies as weaker euro zone data offsets higher dollar, yields.
🌍 Dollar scales 4-week peak, sterling drops before expected BOE hike.
🌍 FX dips on dollar strength, Brazil opts for wider rate cut.
🌍 COMMENT-Norwegian crown may have seen its best.
🌍 On selloff day, beats ain't enough.
🌍 COMMENT-Downgrade rattles traders but they'll probably gamble again.
🌍 Rouble recovers after hitting over 16-month low in early trade.
🌍 Iron ore slump widens as China demand concerns mount.

😱@Market

Daily Important Hits (August 04,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 World stocks set for worst week since March; US payrolls in focus.
🌍 Dollar pauses climb ahead of payrolls test, yen on backfoot.
🌍 WEEK AHEAD-Emerging market FX traders may focus positively on data.
🌍 Gold faces biggest weekly fall in six on higher yields.
🌍 Policy hopes boost China stocks, Egypt delivers surprise rate hike.
🌍 Russian rouble hits fresh 16-month lows vs dollar, euro.
🌍 Dollar pauses climb ahead of payrolls test, Aussie firms.
🌍 Czech crown at 2023 low, forint set for third weekly fall.
🌍 S.African rand stable after losing 6% this week; US payroll awaited.
🌍 Philippine peso hits over 3-week low after inflation data.
🌍 View of the week-The dollar may soon resume its decline.
🌍 Dollar loses traction ahead of payrolls test, Aussie firms.

😱@Market

Weekly Closing prices

🏆SPX500 : 4478.00$

🏆XAUUSD : 1942.86$

🏆DXY : 101.7299$


✅Top forex liquid Pairs

🔵EURUSD : 1.10081$
🔵USDJPY : 141.755$
🔵GBPUSD : 1.27493$
🔵AUDUSD : 0.65693$
🔵USDCAD : 1.33838$

✅Stocks

🟢AAPL : 181.99$
🟢MSFT : 327.78$
🟢AMZN : 139.57$
🟢TSLA : 253.86$
🟢OR37 : 353.00$

😱@Market

Weekly Performances of US Stock Market

🔵Technology services

1.GOOGL : -2.04%
2.ADBE : +2.22%
3.META : -1.94%
4.ORCL : -1.92%
5.CRM : -5.05%

🔵Finance

1. BRK.B : +0.02%
2. JPM : -0.80%
3. BAC : -2.64%
4. MS : -3.97%
5. WFC : -2.61%

🔵Electronic Technology

1. AAPL : -6.51%
2. NVDA : -4.26%
3. AVGO : -1.96%
4. AMD : +2.15%
5. TXN : -5.64%

🔵Health Technology

1. JNJ : -2.85%
2. LLY : -1.24%
3. ABBV : -1.46%
4. MKR : -0.41%
5. PFE : -3.66%

🔵Retail Trade

1. AMZN : +7.62%
2. WMT : -0.60%
3. HD : -1.68%
4. COST : -2.22%
5. CVS : -4.00%

🔵Energy Minerals

1. XOM : +2.20%
2. CVX : +0.57%
3. COP : -1.75%
4. EOG : +0.38%
5. MPC : +6.04%

😱@Market

✅ $ORCL is forming a descending triangle in 4H time frame and currently at the support level of the descending triangle.

✅ $ORCL also forming a ascending support trend line in the higher time frame.

✅ If the market breaks both the descending triangle support and the ascending support trendline, we can expect a bearish movement until the golden zone 1. If the market breaks the resistance of the descending triangle possible to hit golden zone 2 and reverse the market. Overall, it is better to wait and keep an eye until the breakouts.

😱 @Market

Daily Important Hits (August 07,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 Stocks, dollar slightly higher ahead of key inflation data this week.
🌍 Gold slips as comments from U.S. Fed governor dent sentiment.
🌍 COMMENT- Sterling drifts a touch higher as traders curate positions pre-CPI.
🌍 Dollar gains as Friday's losses seen overdone; Fed comments lend support.
🌍 Main U.S. indexes modestly green, digest dueling Fed rhetoric.
🌍 Forint cuts some losses, leu steady as rates stay on hold.
🌍 FX options wrap - Summer lull finally hits FX volatility premium.
🌍 Dollar edges up ahead of inflation release, euro digests German data.
🌍 UK housebuilders fall on weak prices data.
🌍 Wall St set for rebound after worst week since March.
🌍 South African rand on back foot as caution reigns.
🌍 Stocks, FX muted; Pakistan ex-PM's arrest, odds of election delay in focus.

😱@Market

Weekly Opening prices

✅SPX500 : 4482.40$

✅XAUUSD : 1942.860$

✅DXY : 102.454$


🏆Top forex liquid Pairs

🔵EURUSD : 1.10185$
🔵USDJPY : 141.755$
🔵GBPUSD : 1.27490$
🔵AUDUSD : 0.87921$
🔵USDCAD : 1.33832$

🏆Stocks

🟢AAPL : 182.16$
🟢MSFT : 328.24$
🟢AMZN : 141.05$
🟢TSLA : 251.41$
🟢OR37 : 354.00$

😱@Market

Daily Important Hits (August 08,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 FX options wrap - EUR gamma, AUD concern, CNH cover, huge JPY.
🌍 Global stocks fall, dollar rallies as weak China data disappoints.
🌍 TSX futures slip on disappointing China data.
🌍 Dollar rallies; Aussie, kiwi tumble after Chinese trade data.
🌍 Italy’s bank tax may be anything but “one-off”.
🌍 COMMENT-SEK the decider in Sweden's inflation tug of war.
🌍 Gold hits 4-week low as dollar firms before US inflation test.
🌍 South African rand extends losses on weak China data.
🌍 Forint rises for third day even as July inflation eases, zloty heads down.
🌍 Stocks, FX crumble as weak China trade data bolster slowdown fears
🌍 Global stocks slip, bond yields drop as traders assess weak Chinese data.
🌍 Dollar gains ground; Aussie, yuan slip after weak China trade data.

😱@Market