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.

  • Thank you for visiting our website. Please note that our platform is intended solely for individuals residing in jurisdictions where the distribution and use of such information are legally permitted. STARTRADER and its affiliates do not engage in business activities in jurisdictions where such practices are restricted or prohibited by law.

    By selecting "Acknowledge" you confirm that your access to this site is entirely self-initiated and not a result of any promotional activities conducted by STARTRADER. You are seeking information based on your own initiative, in accordance with the principles of reverse solicitation as applicable under the laws of your jurisdiction.

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.

9 June

market news summary

U.S. Dollar Index (USDX)

US Dollar Index Graph candle for 9 June 2022

The U.S. Dollar was down this morning in Asia. The European Central Bank meeting and its policy are the focus of the market today. The U.S. Dollar Index inched down 0.09% to 102.45.

Technically:

The U.S. Dollar index formed a declining pattern as bears formed resistance at 102.60, but the USDX remains trading above 102.30 for the time being. Meanwhile, on the daily chart, the USDX is trying to break away from the declining trendline, but it remains bearish for the longer term.

On the hourly chart, 20 SMA and 55 SMA are moving below the current price levels pointing support formation.

PIVOT POINT: 102.40

SUPPORTRESISTANCE
102.30102.60
102.00102.80
101.90103.00

Euro (EURUSD)

Euro Graph candle for 9 June 2022

The ECB seems not confident to pull an end to its long-running asset purchase program at the end of this month and promises a rate hike for July, but the size and pace of its tightening are uncertain. Speculation is growing that eurozone inflation could push the ECB into booting off its hike campaign with a 50 basis point rate increase.

Technically:

Bears remain in control over the overall trend of the currency while heading towards 1.0650.

Fibonacci retracement shows resistance1.0750 and fairly strong support at 1.0650, on the other hand, technical indicators show a possibility of a decline. Though, moving averages show a horizontal movement and set support at 1.0700.

PIVOT POINT: 1.0700

SUPPORTRESISTANCE
1.06501.0720
1.06101.0780
1.05501.0840

Japanese Yen (USDJPY)

Japanese Yen Graph candle for 9 June 2022

The yen extended its slide, falling to a fresh 20-year low of 134.56 against the greenback. It is trading close to 135.20 and if it weakened beyond that would be its lowest since October 1998. Rising interest rates around the world held the yen down, while the Bank of Japan remains stubborn in keeping policy stimulatory.

Technically:

On the daily chart, the USDJPY is a continuation of the current uptrend, while daily chart technical indicators show a slowdown. 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 rise.

PIVOT POINT: 133.50

SUPPORTRESISTANCE
132.00134.20
130.00134.50
127.00135.20

Spot Gold (XAUUSD)

Spot Gold graph candle for 9 June 2022

The yellow metal traded lower and formed a bearish pattern below 1,854 and showed a tendency to form a resistance below the previous support of 1,852.  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.

PIVOT POINT: 1,850

SUPPORTRESISTANCE
1,8421,866
1,8371,872
1,8301,875

West Texas Crude (USOUSD)

West Texas Crude Graph candle for 9 June 2022

Oil was up on Thursday morning in Asia as U.S. demand stays strong and China demand may rebound with COVID-19 curbs easing. Brent oil futures rose 0.26% to $123.90, while WTI futures edged up 0.18% to $122.33.

Wednesday’s U.S. crude supply data from the U.S. Energy Information Administration (EIA) showed a build of 2.025 million barrels. EIA data also indicated that gasoline stockpiles dropped by 812,000 barrels to 218.18 million barrels last week, implying fuel demand resilience despite soaring prices.

Technically:

As mentioned yesterday, WTI broke the resistance at $118 to trade above $122 before retreating towards $120 a barrel. WTI remains in the uptrend on the daily chart targeting $125 a barrel while forming support above $118.60 as per the 55 SMA readings.

However, today WTI is likely to swing to the same level as the 55 SMA at $118.60. Fibonacci retracement shows firm support at 115. RSI is showing WTI is oversold.

PIVOT POINT: 119.00

SUPPORTRESISTANCE
115.00120.00
109.50122.00
108.30123.00

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service