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.

24 October

The U.S. dollar was steady this morning as the dollar index traded around 112 during the Asian session. Meanwhile, the sterling pound jumped to 1.14 as investors await clarity after the resignation of former Prime minister Liz Truss.

On the Other hand, the Japanese yen rebounded to 147.3 amid reaching its lowest level since 1999 at 151.93. The Japanese central bank intervened by selling $30 billion to control the currency exchange rate. On crude oil, WTI slightly gained to $85 a barrel amid the Chinese GDP data showing 3.9% growth. Additionally, gold gained to $1,662 per ounce as recessionary fears increased.

U.S. Dollar Index (USDX)

USD index technical indicators show a possible continuation of the uptrend above 112.35

The U.S. dollar edged higher in early European trades, absorbing suspected intervention by the Bank of Japan, while sterling pushed higher as former finance minister Rishi Sunak looked likely to become Britain’s prime minister.

On the hourly chart, the Index remains solid above 112 and heading toward the resistance at 112.35. Meanwhile, technical indicators show a possible continuation of the uptrend above 112.35. Meanwhile, the daily chart shows a continuation of the positive trend and is supported above 111.60. Technical indicators move in a neutral fashion.

Pivot Point: 112.30

SUPPORTRESISTANCE
112.00112.50
111.75112.80
111.50113.00

Sterling Pound (GBPUSD)

GBPUSD chart shows it remains inside the negatively trending channel despite the fluctuations above 1.1250.

The Cable rose 0.4% to 1.1347, after former prime minister Boris Johnson pulled out of the running to replace the outgoing Liz Truss, with the Conservative Party due to announce its new leader, and thus PM, later Monday.

Johnson’s decision means that former finance minister Rishi Sunak, seen as the most fiscally prudent option, is likely to win power. His appointment would likely reduce the political uncertainty hanging over the pound, for a little time at least.

The pound remains inside the negatively trending channel despite the fluctuations above 1.1250. The hourly chart shows support at 1.1200 while the gap between 1.1180 and 1.1210 indicates weak momentum. On the other hand, the daily chart shows a continuation of the downtrend towards 1.0440

Pivot Point: 1.1300

SUPPORTRESISTANCE
1.12701.1350
1.12001.1370
1.11301.1400

Japanese Yen (USDJPY)

USDJPY chart shows it fell from a high of 149.68 to 145.28 in a move that suggested intervention.

The Financial Times reported the Bank of Japan may have sold at least $30 billion on Friday in an effort to support the yen, and the pair’s volatile movements early Monday action strongly suggested that the Japanese authorities had been in again.

USDJPY fell from a high of 149.68 to 145.28 in a move that suggested intervention. However, it has climbed back up to 149.20, indicating that the Japanese authorities have a lot of work to do to stem the demand for the dollar versus the beleaguered yen.

Pivot Point: 149.20

SUPPORTRESISTANCE
149.00149.75
148.80150.00
148.40150.50

Spot Gold (XAUUSD)

Spot gold daily chart remains within the downtrend channel heading towards 1,620 on the foreseen time frame.

Gold’s futures settled Friday up 1.2% and trade at $1,656.30 an ounce, while gold’s spot price was at $1,654.24 per ounce. Gold prices are heading downwards on the hourly chart reaching the support at $1,665 per ounce. However, the current support is not strong enough to hold against the current selling pressure which might break the supports at 1,665 and 1,659 to head towards 1,650.

Meanwhile, the daily chart remains within the downtrend channel heading towards 1,620 on the foreseen time frame.

Pivot Point: 1,645

SUPPORTRESISTANCE
1,6401,650
1,6351,655
1,6301,665

West Texas Crude (USOUSD)

WTI crude oil chart shows a downward trend on the daily chart while trading right above the support at 83.80.

Oil prices fell on Monday after China released the delayed trade data that showed the demand in the world’s largest crude importer remained low in September as strict COVID-19 policy and fuel export curbs depress consumption. Brent futures slid 0.4% to $93.10 a barrel after rising 2% last week. Meanwhile, WTI was traded at $84.66 per barrel, down 0.5%.

Despite rising from August, China’s crude imports in September of 9.79 million barrels per day were 2% below the amount brought in a year earlier, customs data showed on Monday, as independent refiners curbed throughput amid thin margins and dull demand.

The WTI chart shows a downward trend on the daily chart while trading right above the support at 83.80. However, the technical indicators show a chance of fluctuations between 82.50 and 83.80 before deciding the actual trend. The hourly chart on the other hand is moving below the 20 and 50 periods moving average, indicating a high possibility of a negative trend continuation.

Pivot Point: 82.75

SUPPORTRESISTANCE
82.1583.80
81.3084.70
79.5085.70

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service