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.

6 June

market news summary

U.S. Dollar Index (USDX)

US Dollar Index Graph candle for 6 June 2022

Total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6%, the U.S. Bureau of Labor Statistics reported on Friday. Notable job gains occurred in leisure and hospitality, professional and business services, and transportation and warehousing. Employment in retail trade declined.

In May, the unemployment rate was 3.6 percent for the third month in a row, and the number of unemployed persons was essentially unchanged at 6.0 million. These measures are little different from their values in February 2020 (3.5 percent and 5.7 million, respectively), before the coronavirus (COVID-19) pandemic.


The U.S. dollar index fluctuated between the resistance of 102.60 and the support of 101.60. Meanwhile, on the daily chart, the USDX is trying to break away from the declining trendline, but it remains bearish for the time being.

On the hourly chart, 20 SMA and 55 SMA intersect, and both are above the current price range which signals a slight fluctuation on the way down.




Euro Graph candle for 6 June 2022

In Europe, ECB President Christine Lagarde outlined her plan a couple of weeks ago to raise rates out of the negative territory, suggesting the central bank’s minus 0.5% deposit rate should start rising in July and could be at zero or “slightly above” by the end of September before rising further “towards the neutral rate.”

Furthermore, EURUSD moved horizontally this morning after declining amid the U.S. employment data on Friday. Meanwhile, the recent U.S. news raised further expectations for more rate hikes.


Fibonacci retracement shows resistance1.0750 while technical indicators show a possibility of a decline. Though, moving averages show a horizontal movement and set support at 1.0700.



Spot Gold (XAUUSD)

Spot Gold graph candle for 6 June 2022

Gold was up on Monday morning in Asia even as the U.S. jobs report signaled more interest rate increases this year that could weigh on non-yielding bullion.

Besides, investors await the release of the U.S. CPI report for May as this will be a key input before the Fed decides how much to hike rates next week.  Core inflation, which excludes volatile energy and fuel prices, is expected to come in at 5.9% year-over-year, which would mark the third month of consecutive declines and make the case that core inflation may have peaked.

The Federal Reserve is on track for half a point interest rate increases in June, July, and perhaps even beyond since fresh job market data showed no sign of the U.S. economy falling under high inflation and rising borrowing costs.

Gold futures were up 0.32% to $1856.20. It has traded between $1,828 and $1,864 for the past week, remaining at an average of $1,850 overall.


Gold jumped yesterday reaching above 1,870 on Friday and it started to retreat to 1,847. Gold prices are set for a decline towards 1,810 on the daily chart. Meanwhile, in the hourly chart, spot gold penetrated out of the regression channel, but it remains set to decline.

On the daily chart, the precious metal returns to its primary decline trend targeting the resistance at 1,810 and 1,790. However, spot gold shows a change in direction and signals further decline below the support at 1,842 during the day.



West Texas Crude (USOUSD)

West Texas Graph candle for 6 June 2022

Oil was down $3 a barrel during the morning trades as investors closed the gains from the recent rally. Additionally, supply worries rise with OPEC and allies meeting later in the day is set to pave the way for expected output increases.

China’s easing of some COVID-19 lockdowns has added to price support, but a strengthening U.S. dollar limited the black gold gains. Meanwhile, Wednesday’s U.S. crude oil supply from the American Petroleum Institute showed a draw of 1.181 million barrels for the week ended May 26. Investors now await crude oil supply from the U.S. Energy Information Administration, due later in the day.

Brent oil fell 1.69% to $114.33 after gaining 0.6% during the previous session. WTI slid 1.87% to $113.10, after gaining 0.5% on Wednesday. Both Brent and WTI futures have been on an upward trend for several weeks, as European Union and U.S. sanctions against Russia over its invasion of Ukraine on Feb. 24 squeezed Russian exports.


WTI started retreating after touching the upper band in the Bollinger Bands and started closing towards the 55 SMA in a slow fashion.

However, today WTI is likely to swing to the same level as the 55 SMA at 115. Fibonacci retracement shows firm support at 115 and is stronger if held above 113.40. RSI is showing WTI is oversold, while MACD shows a continuation of the decline.