Icon close
  • Tenga en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso está permitido por ley. STARTRADER y sus entidades afiliadas no están establecidas ni operan en su jurisdicción de origen. Al invertir a través de este sitio web, es importante comprender que no está regulado por la Comisión Nacional del Mercado de Valores (CNMV) y usted no tendrá las protecciones que brinda la CNMV.

    Si decide continuar y visitar este sitio web, reconoce y confirma lo siguiente:

    1. STARTRADER no tiene sede en España ni licencia de la CNMV.
    2. Usted accede al sitio web por iniciativa propia y STARTRADER no se lo ha solicitado de ninguna manera.
    3. Desea obtener información de este sitio web, que se proporciona mediante solicitud inversa de acuerdo con las leyes de su jurisdicción de origen.
    4. Invertir a través de esta web no te otorga las protecciones previstas por la CNMV.
    5. Si decide invertir a través de este sitio web o con cualquiera de las entidades de STARTRADER, estará sujeto a las normas y regulaciones de las autoridades reguladoras internacionales pertinentes, no a la CNMV.

    STARTRADER quiere dejar claro que se encuentra debidamente licenciado y autorizado para ofrecer los servicios y productos financieros derivados enumerados en el sitio web. Las personas que acceden a este sitio web y registran una cuenta comercial lo hacen por su propia voluntad y sin solicitud previa.

    Al confirmar su decisión de continuar e ingresar al sitio web, por la presente afirma que esta decisión fue iniciada únicamente por usted y que ninguna entidad de STARTRADER ha realizado ninguna solicitud.

  • Si prega di notare che il sito web è destinato a individui residenti in giurisdizioni dove l'accesso è permesso dalla legge. STARTRADER e le sue entità affiliate non sono né stabilite né operanti nella vostra giurisdizione di residenza. Quando si investe tramite questo sito web, è importante comprendere che non è regolamentato dalla Commissione Nazionale per le Società e la Borsa (CONSOB), e non si avranno le protezioni offerte dalla CONSOB.

    Se si sceglie di procedere e visitare questo sito web, si riconosce e si conferma quanto segue:

    1. STARTRADER non ha sede in Italia né è autorizzata dalla CONSOB.
    2. Si sta accedendo al sito web di propria iniziativa e non si è stati sollecitati in alcun modo da STARTRADER.
    3. Si desidera ottenere informazioni da questo sito web, che sono fornite su base di sollecitazione inversa in conformità con le leggi della propria giurisdizione di residenza.
    4. Investire tramite questo sito web non concede le protezioni fornite dalla CONSOB.
    5. Se si sceglie di investire tramite questo sito web o con una qualsiasi delle entità STARTRADER, si sarà soggetti alle regole e ai regolamenti delle relative autorità di regolamentazione internazionali, non alla CONSOB.

    STARTRADER desidera chiarire che è debitamente autorizzata e abilitata ad offrire i servizi e i prodotti derivati finanziari elencati sul sito web. Gli individui che accedono a questo sito web e registrano un conto di trading lo fanno completamente di loro iniziativa e senza sollecitazioni precedenti.

    Confermando la vostra decisione di procedere ed entrare nel sito web, affermate che questa decisione è stata iniziata esclusivamente da voi, e che non è stata fatta alcuna sollecitazione da parte di alcuna entità STARTRADER.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

1 June

market news summary

U.S. Dollar into correction;

Traders hunt Safe Havens;

Crude oil fluctuates;

Euro declines.

U.S. Dollar Index (USDX)

US Dollar Graph Candle for 1 June 2022

The U.S. Dollar wobbled slightly yesterday but it returned to trade up this morning amid an increased tendency for safe havens. The Federal Reserve is set to start shrinking its $8.9 trillion balance sheet while investors await the unemployment and non-farm data due on Friday.


The U.S. Dollar index goes higher today breaking out of the downward channel and trading near 102 slightly below the resistance of 102.20. Additionally, the index trades at the 20 periods SMA and above the 55 periods SMA but price action indicates a likelihood of a rise if prices penetrated above 102.20. Technical indicators show a likelihood of further decline.




Euro Graph Candle for 1 July 2022

The common currency retreated further this morning but remains to hold the record for the best-performing month this year. Additionally, the surge in interest rate expectations in Europe and economic slow in the U.S. boosted the common currency.

The increase in crude oil prices will be adding further pressure on the European currency and the European central bank.


The EURUSD pair has further retreated to trade around 1.0720 as energy prices are rocket flying. The European currency lost another 0.3% from a five-week high of 1.0786 recorded on Monday. Moreover, the euro is set for a 2.2% gain in May, which would be its biggest monthly rise in a year.

However, Fibonacci retracement shows slight support at 1.0720 while technical indicators show a possibility to reach 1.0700. Though, the 20 periods moving average on the daily chart remains above the price level while the 55 SMA is below, which indicates a further decline.



Sterling Pounds (GBPUSD)

Sterling Pound Graph Candle for 1 July 2022

The Sterling pound shrinks under the pressure of inflation and energy costs, despite the efforts of BoE to control the inflationary effects. Market participants’ concerns about the BOE’s plan to cope with inflation are increasing, while figures show that is not enough. Despite four interest-rate increases since December and money markets bracing for more in each of its next five decisions, the pound is one of the worst-performing major currencies this year.


The sterling pound swings between the 55 SMA and the lower band of the Bollinger Bands (1 standard deviation) to touch it for the second time on the hourly chart testing the support of 1.2580. Meanwhile, on the Daily chart, the pair is trading between the 20 SMA and 55 SMA and indicating further advance in the longer time frame and remains near the daily resistance of 1.2610.



Japanese Yen (USDJPY)

Japanese Yen Graph Candle for 1 July 2022

The Japanese Yen loses hard against the greenback and reached the weakest level in ten days. On the daily chart, the USDJPY shows a correction pattern bouncing from one month low of 126.35 last week to 129.29 this morning.

Though, Technical indicators on both the hourly and the daily charts are easing and signalling a change in the trend. that the pair is slowing the fall as the U.S. dollar buying activities provide support but keeps the possibility of a slight decline towards 126.70.



Spot Gold (XAUUSD)

Spot Gold Graph candle for 1 July 2022

Gold futures inched lower to $1,829.64 and are down about 2.6% in the month to date, the most since September 2021. Similarly, other precious metals also declined this morning, silver fell 0.7%, platinum fell 0.8%, and palladium eased 0.2%.

On the hourly chart, the precious metals traded in a downtrend and broke below the support of 1,850. However, spot gold shows a change in direction and signals further decline as it broke below the support at 1,842.



West Texas Crude (USOUSD)

West Texas Crude Graph Candle for 1 July 2022

Oil prices gained slightly on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai.

Brent crude for August delivery was up 28 cents, or 0.2%, at $115.88 a barrel. The contract settled down 1.7% on Tuesday. The front-month contract for July delivery expired on Tuesday at $122.84 a barrel, up 1%. U.S. West Texas Intermediate (WTI) crude rose 30 cents, or 0.3%, to $114.97 a barrel. Both benchmarks ended May higher, marking the sixth straight month of rising prices


WTI built support above 113.40 on the hourly chart after bouncing from the resistance at 117.50. However, as was mentioned yesterday, the crude oil reflected market correction from Bollinger Bands readings. Today WTI is likely to swing between 113.50 and 115.50 to the same level as the 55 SMA. Fibonacci retracement shows firm support above 113.40. RSI is showing WTI is oversold, while MACD shows a continuation.