Market Review, September 31, 2015

After the last tumultuous week on the markets,the investors are likely to focus on the data that will be published in the US, as when the Federal Reserve will testify whether the country might raise interest rates in a meeting that will end on September 17.
On Friday will be published monthly employment report will give a glimpse of the US labor market situation.
The world will follow after the economic changes in China to see if the market turmoil continues this coming week.
On a weekly summary on Wall Street, the NASDAQ climbed by 2.6%, the Dow Jones Industrial Average rose by 1.1% and the S&P 500 rose by 0.9%.

The volatile trading week did not ignore the European stock exchanges.
The English FTSE rose last week close to 1% and ended at a price level of 6,247,90. During the week the index had fallen to a level of 5,768,20.
The German DAX rose last week by 1.70% and ended at the price level of 10,299. During the week the index fell to the level of 9338.

Japan reported of a surprise drop in industrial output in the country, which exacerbated the fears on the part of investors who are concerned about the general slowdown in the region.
The Prime Minister of China said over the weekend that China’s economy is growing at a reasonable pace and despite the increasing pressure, the government could deal with the risks facing the country.
The Asian markets are expected to record their worst month in three years.

On a Weekly summary, the Oil recorded a leap of 11.8% when the price is determined at a price level of 45.22 dollars per barrel.
This is the highest weekly surge of Oil since March 2009.
The price of the Gold however fell last week by 2.32% and closed at a price level of 1,132 dollar an ounce.

The market disruption last week strengthened the US dollar which strengthened against the Euro by 1.50% and by 1.91% against the Pound sterling.

Trading Opportunity
AUD/USD

On a daily chart we can see there is an ongoing bullish divergence at the histogram of the MACD indicator as the pair reached a support area, around the level of 0.7100.
Last week the pair was trading between the levels of 0.7065 – 0.7165, as the averages of the stochastic indicator are face up.

aud.usd d 31.8.15

Our tendency is to look for a CALL option trade.
The entry will be between the level of 0.7100 – 0.7150.
The expiry time will be September 11 at 17:10.

Market Review, August 28, 2015

Wall Street stock exchanges completed the sharpest two-day surge since 2009, and all the declines of the week were deleted, after the US economy has been growing sharply than expected thanks to the improvement in business investment and private consumption.
The Gross Domestic Product (GDP) of the US in the second quarter grew at an annual rate of 3.7%, more than the initial estimates of 2.3% growth.
Thanks to the news from the US, The European stock markets closed the trading day with sharp gains as all the declines of the week deleted.
The price of the Crude Oil soared yesterday by more than 10%, the sharpest daily surge more than six years.

Trading Opportunity
MICROSOFT

After the sharp decline in the markets, in the last two trading days, the price of the share has made an upward correction, but encountered a resistance around the 44.00 price level.
Also,despite the rise in recent days, trading volumes were lower and falling.

microsoft d 28.8.15

Our tendency is to look for the continued of decline.
The entry will be from the levels of 43.95 – 43.80.
The expiry will be August 28 at 20:00.

Market Review, August 27, 2015

The Wall Street stock markets surged yesterday by by the sharpest rate in four years, and closed on a positive trend for the first time in seven trading days, against the background of a sharp rise in business investment in the United States and China announced additional incentives attempt to halt the collapse in markets and support economic growth.
The NASDAQ jumped by 4.2%, the Dow Jones soared by 4% (by more than 600 points, the third high leap in the history of the index in terms of points)
The S&P 500 climbed by 3.9%, the sharpest daily jump since November 2011.

The price of Gold fell yesterday for the third consecutive day, because of the strengthening of the US dollar and the US stock market gains.

The US dollar strengthened on the second day in a row after a surprising leap in orders for durable goods in the US which increased by 2% in July and which reinforced expectations that the economic recovery is continuing in the world.

A day after the European stock markets recorded their sharpest jump since 2011, yesterday at the end of a volatile trading day it ended with declines.
On a daily summary, the London Stock Exchange closed down by 1.3%, Frankfurt retreated by 1%, Paris lost 1.4%.

Trading Opportunity
GOOGLE

As part of the fall in the markets, the price of the share dropped during the week to a price level of 573.00, which is a support area that was strong enough to keep the share above this level.
Yesterday the price went up by 8%! ending the trading day at a price level of 628.62 as the trading volume were high.

google d 27.8.15

Our tendency is to look for another day of rise, to do so, we can try and enter to a trade at the start of the US trading day, between the levels of 628.50 – 629.30.
The expiry will be August 27 at 20:00.

Market Review, August 26, 2015

The trading on Wall Street stock exchanges ended yesterday with declines of more than 1%.
The opening of the trading day was a positive one, after the announcement in China and reduction of interest over there, and with a jump in US consumer confidence.

Summing up the day, the Dow Jones fell by 1.3% after having surged by 2.5%.
The NASDAQ fell by 0.4% after having surged by 3.5% during the day.
The S&P 500 ended down by 1.3% after having surged by 2.5%.
Index of Wall Street’s volatility (VIX), also known as the “fear index” fell yesterday by 9.6% to 37.0 points, after having plunged by 30% during the trading day.

Apple shares went down during the trading yesterday by 10% but at the end ended with a rise of 0.6%.
On Monday, the share fell by 2.5% and entered a bear market territory, after a fall of 20% from the last peak.

The shares of JP Morgan and Bank of America, two of the largest US banks, closed the trading day yesterday with declines, after during the day they rose following a buy recommendations which was released regarding them.
JP Morgan shares fell by 0.5% after having increased by 3.6%, Bank of America shares fell by 0.2% after jumped by 4.8%.

The European markets close yesterday with sharp rises and wiped out most of the declines we saw on Monday, which dropped sharply since 2008.
London jumped by 3%, the Frankfurt surged by 5% and Paris climbed by 4.1%.

The Oil prices rose yesterday by 4.15% to the level of 39.1 dollars per barrel, but the Gold price was down by 1.3% to the level of 1139 dollars per ounce.

Trading Opportunity
OIL

The price of the Oil recovered yesterday with a rise of 4.15%.
At the end of the trading day, the Oil ended at a price level of 39.65 dollar a barrel, created a bullish Harami pattern which is a reversal pattern in which the green body is completely inside the range of a red body.

oil d 26.8.15

Our tendency is to look for a CALL option trade.
The entry will be between the levels of 39.65 – 39.75.
The expiry time will be August 26 at 20:00.

Market Review, August 25, 2015

Wall Street stock markets entered to a correction the first time since 2011, after one of the most volatile trading days in the history.
This came in light of the collapse in global equity markets.
At the end of the day, the Dow Jones fell yesterday by 3.6%, while during the day has already declined by 6%.
The Nasdaq fell by 3.8% and during the day decreased by 8%.
The S&P 500 fell by 3.9% yesterday and completed a fall of 11% from the peak it climbed in May.
The “Fear Index” of Wall Street soared yesterday to a peak of six years.

For the first time since 2009, the price of crude Oil closed below the price level of 39 dollar per barrel.
The Oil prices fell yesterday by 5.5% to a price of 38.24 dollars per barrel.
The price of Gold fell half a percentage yesterday and closed at the level of 1153.6 dollars per ounce.

The trading on the stock exchanges in Europe was signed yesterday by sharp declines as well.
London Stock Exchange plunged by 4.7%, the sharpest daily fall since March 2009.
Frankfurt Stock Exchange fell by 4.7% and completed a fall of 22% from its latest peak.
Paris fell 5.4%, the sharpest daily fall since November 2011..

The US dollar continued to weaken against the Euro, yesterday by 1.85%.
The dollar also fell against the Japanese yen, by 2.70% as the China’s economic slowdown strengthened expectations that the Federal Reserve will refrain from raising US interest rates at its meeting next month.

Trading Opportunity
EUR/GBP

Yesterday the pair have reached a resistance area, around the level of 0.7360.
This area keeps the pair from climing above this level since the end of March this year, as we can see on the daily chart.
Also, the averages of the stochastic indicator are at an overbought area, as well as the average of the RSI.

eur.gbp d 25.8.15

Our tendency is to look for a PUT option trade, up until the end of the day, August 25 at 21:00.
The entry will be from the levels of 0.7360 – 0.7340.

Market Review, August 24, 2015

The sharp declines which recorded last week in world markets and the continuing decline in the price of the Oil are likely to attract investors’ attention with the opening of the trading week.
Last Friday, the Wall Street stock markets plunged and the Dow Jones enters a amendment, the definition which acceptable after a fall of 10% from the last peak. The declines continued after a manufacturing data released in China on Friday , which increased the concerns about a slowing global economic growth.
China released data which indicated of a sharp contraction in manufacturing sector activity, which increased the fear that China will not be able to meet the target growth rate of 7% that the country’s government set for itself.
On a weekly summary, the US stock market dropped at the sharpest rate over four years.
On Thursday the annual meeting of the US Federal Reserve will open and should provide clues regarding the rate in the US.
The European exchanges also collapsed, the London exchange closed on Friday down by 2.8% and completed a fall of 13% from the peak which climbed it in April.
Frankfurt fell by 3% on its way to a weekly fall of about 8%, the worst week since 2011.
At the end of the week the price of Oil closed at a price level of 40.45 dollars per barrel and the week.
The Oil prices declined by 5%, the eight consecutive week of declines, the negative sequence since 1986.
The price of the Gold ended the week with a rise of 4.2%, it was the steepest weekly gain since January as the price was determined at 1159.60 dollars an ounce.
The Euro got stronger against the US dollar last week by 2.25%, the American currency also weakened against the the British pound and the Japanese Yen.

Trading Opportunity
NZD/USD

The pair continues to stagnate between trade levels of 0.6500 to 0.6600 while against this treading there is a bullish divergence in the histogram of the MACD oscillator.
Last week, the New Zealand currency rose against the US dollar at 2.29% and closed at a price level of 0.6682 and created a Bullish Engulfing pattern.

nzd.usd w 24.8.15

Our tendency is to look for a CALL option trade.
The entry will be between the levels of 0.6500 – 0.6590 and the expiry time will be September 30 at 17:10.

Market Review, August 21, 2015

The trading on Wall Street stock markets yesterday registrar the sharpest daily fall in over a year while erasing all the gains of the year, due to increasing concerns about slowing global economic growth and in the shadow of steep declines in the stock markets and currency exchange rates of emerging markets.
The index of Wall Street’s volatility (VIX), also known as the “fear index” because it provides some indication of the level of fear of investors on Wall Street, rose for the fourth day in a row on his way to the steepest weekly leap year.
Concern over a slowdown in global growth also affected the European markets.
The markets in Europe ended with declines for the second day in a row.
The London Stock Exchange enter a period of “correcting” ,a setting accepted after falling by 10% from the last peak last.
Also in Europe, the Greek Prime Minister resigned yesterday and announced of new election.
Economic data from China showed that the country’s production fell by the biggest slump since March 2009.
The price of Gold jumped by more than 2% yesterday ,against the backdrop of expectations that the Fed will decide next month to rise rate in the US.

Trading Opportunity
DAX

The German index fell yesterday by 2.34% and broke down a support area, at around the level of 10 600.
The index ended the trading day at the level of 10,432 as when the trading volumes was high.

dax d 21.8.15
Our tendency is to look for further decline, we will do so with a PUT option trade.
The entry will be at the start of the trading day in Germany, between the levels of 10,500 – 10,400.
The expiry will be August 21 at 15:30.

Market Review, August 20, 2015

The protocols from a meeting Open Market Committee of the Federal Reserve (FOMC) released yesterday shows that the decision makers of the US central bank not yet ready to raise interest rates in the United States, the first time in nearly a decade.
It also emerged from the protocols that the decision makers are concerned that the level of inflation is still lower than the target set by the central bank, and that the slowdown in the growth of China’s economy may affect the exchange rate.
The trading on the stock exchanges of Wall Street ended yesterday with declines for the second day in a row after concern over a slowdown in the growth of China’s economy and the fall of Oil prices to nearly 40 dollars a barrel.
The S&P 500 closed down by 0.8% after having dropped by more than 1% before the publication of the minutes of the Federal Reserve, the Dow Jones retreated by 0.9%, the NASDAQ fell by 0.8%.
The European stock markets fell to a low of six weeks, led by shares of exporters amid fears over a slowdown in economic growth in China.
The declines also came following the German parliamentary approval for a third bailout package for Greece.
London Stock Exchange closed down by 1.9%, Frankfurt retreated by 2.1%, Paris closed down by 1.8%.
The Crude Oil fell yesterday by 4.3% and closed at his lowest level for more than six years, at a price level of 40.8 dollars per barrel, after the US Department of Energy reported of a surprise increase in US crude inventories.
Trading Opportunity
MCDONALD’S
On Monday, the share went up above a resistance area, around the level of 100.00
and as it seems, the break up is a strong one, because yesterday the price continued to grow, by 0.34% to a price level of 101.10 dollar per share.
The increase came with an high trading volume.
mcdonalds d 20.8.15
Our tendency is to look for a CALL option trade.
The entry will be at the start of the US trading day, between the levels of 101.05 – 101.20.
The expiry will be to August 20 at 20:00.

Market Review, August 19, 2015

The trading on the stock exchanges of Wall Street ended yesterday with price declines, with the influence of the Shanghai Stock Exchange which had fallen by more than 6%, and in light of the record of eight years in construction starts of new homes in the US.
Summing up the day, the Dow Jones and the S&P 500 fell by 0.2%, the NASDAQ Composite retreated by 0.6%.
In Europe, the European Central Bank (ECB) cut the emergency-funded to the Greek banks, as requested by the Greek government.
This is a positive step, suggesting that Greek banks are able to stabilize operations and re-establish the cash reserves.
The trading on the European stock markets ended yesterday with a slight price declines.
London fell by 0.4% after the inflation in the UK went up, Frankfurt fell by 0.2%, Paris has weakened by 0.3%.
The Japanese exports slowed in July,and it’s another worrying sign of the weakness of the world’s third largest economy.
The price of the Oil changed direction yesterday and increased by 11.1% to a price level of 42.4 dollars per barrel.
The price of the Gold was down by 0.1% to a price level of 1116.8 dollars per ounce.
Trading Opportunity
FACEBOOK
The main trend of the share is a rising trend, as we can see on the daily chart.
For the last 4 weeks there was a technical correction down.
Yesterday the price of the share went up by 1.32 % as the trading volume was high compared to the previews 3 days.
facebook d 19.8.15
Our tendency is to look for an entry of a CALL trade.
The entry will be at the start of the US trading day, between the levels of 95.20 – 95.30.
The expiry will be August 19 at 20:00.

Market Review, August 18, 2015

The trading on Wall Street stock markets closed yesterday on a positive trend but with thin trading volumes.
The S&P 500 closed up by 0.5%, the Dow Jones climbed by 0.4% and the NASDAQ added 0.9%.

The European stock markets closed on a mixed at the end of volatile trading day.
The markets opened the trading day with gains after the finance ministers of the Euro zone have approved the bailout of Greece, but the declines came after the release of the manufacturing index of the New York area which fell to its lowest level since the last recession in the United States.

The price of the Oil closed yesterday at a low of six and a half years, at a price level of 41.87 dollars a barrel ,after Japan’s economy shrank in the first quarter and increased by assessments that the slowdown in global economic growth will continue.
The price of the Gold went up yesterday, by 0.5% and for the first time after 3 days.
The price of the Gold ended at a price level of 1,118.4 an ounce.

Trading Opportunity
AUD/NZD

On an hour chart we can see that the pair is on a downtrend, on his way to a support area.
The averages of the RSI and stochastic indicators both at an oversold area.
Also, a bullish divergence develops at the histogram of the MACD.

aud.nzd 1h 18.8.15

Our tendency is to look for a strong bullish candle which will put into effect the divergence.
The entry can be made from the levels of 1.1130 – 1.1150.
The expiry will be August 18 at 23:00.