Technical Analysis on Singapore STI: Weekly Report

Weekly wrap of STI: Singapore shares ended lower for January 2014 tracking falls in the wider region after manufacturing data from China disappointed and the U.S. Federal Reserve made another cut to bond buying. (Trading Tips) Week starts with huge gap @ 3038.99 and then it made week High @ 3068.05 and then it fell badly again and took support on week low of 3012.26 and finally closed 3021.98 with loss of 54.81 points down by 1.76% wow basis. ...

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Weekly Technical View on Singapore Stright Time Index

Weekly wrap of STI: Singapore shares tracked losses and heading for their biggest weekly loss in more than 3-1/2 months, Index slipped after disappointing Chinese manufacturing data raised concerns over the economy.   Week starts with flat node and initially traded in very narrow and same range below 50 day MA level, and mid of the week STI crossed its support level and badly fell 3100 mark. STI was opened @ 3137.26 and then it made a high...

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Weekly Technical Analysis For FOREX

The US dollar had an fine week, winning against currencies across the board, with the Aussie and the loonie suffering the biggest losses.  German ZEW Economic Sentiment, Rate decision in Japan and the UK as well as US Unemployment Claims and housing data are the main events on our calendar. Let's have an approach on the main market-movers for this week. The US manufacturing sector registered strong performance with a remarkable ...

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Singapore SGX: STI Technical Analysis

Weekly wrap of STI: STI were struggling to cross its previous week high but can’t able to cross that level and traded in a same range however closed down from opening. Week starts with higher opening @ 3150.74 levels and then it fell down and made week low at 3115.80 below 3120 support level. After taking support on lower levels it recovers and made high of 3155.89 and then closed at 3147.33 with gain of 3.51 points up by 0.11% wow basis. Macroeconomic...

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Comex Technical Report for GOLD, SILVER, COPPER & CRUDE OIL

GOLD Gold declined overnight to open at 1238.00/1239.00. It dropped to a low of 1233.75/1234.75 on dollar strength following better-thanexpected NY Fed manufacturing data, which was at its highest level in 20 months, while the benchmark S&P 500 index reached a record high. The metal then surged amidst unexpected buying pressure to a high of 1242.00/1243.00 before concluding the day marginally flat at 1239.00/1240.00.  Gold closed lower...

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Singapore STI Tecnical Analysis Report

Market Review: Singapore shares edged down today despite robust US data and upbeat earnings from Bank of America, while stocks of commodities firms fell on concerns about changing supply and demand dynamics. STRAITS TIME LEVELS Support 1 3120 Support 2 3105 Support 3 3090 Resistance 1 3155 Resistance 2 3175 Resistance 3 3195 Market forecast: STI opens...

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Technical Analysis Report on Singapore's STI

Market Review: STI recovers from its yesterday’s losses and closed with good recovery above 3135 level. Technical view on STI  STI Day Performance Open 3131.33 High 3146.77 Low 3131.33 Close 3143.25 Change(Points) +19.50 % Change +0.62% Volume 3423.3M Rise 249 Fall 137 Unch 403 Market forecast:  STI opens with...

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Comex Commodity Technical Outlook

GOLD Gold moved higher overnight to open at 1235.00/1236.00. Shortly after open, it touched a low of 1227.25/1228.25 before surging to the day’s high of 1248.50/1249.50 on dollar weakness following weaker-than-expected U.S. jobs data with non-farm payrolls adding a meagre 74k jobs in December against the 196k forecasted by economists. The metal closed the day at 1247.00/1248.00. Gold closed higher this week at 1247, the third up-week...

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