The Race Is On For The Best Gainers Amid Q2 Earnings Reports.

By Kenneth@Xtrade - on July 16, 2019

The Race is on for the Best gainers amid Q2 Earnings Reports.

On Monday Citi Group, Wells Fargo & Co and Goldman Sachs initiated, what we have come to term as “One of the most volatile trading weeks in recent times”. Today Bank of America, First Republic Bank, JP Morgan & Co, and several other financial institutions, will be adding their lot to the day’s earnings announcement. Markets are expected to remain volatile with corrections from yesterday’s fall out.  

Global Stocks:

Global stocks remain in limbo in reactions to the earnings reports. As well as global slow down laced in negotiations to elevate the US imposed tariffs and sanctions.  

  • USA30: Remains bearish after a slight pullback. Trading between 27,325.5 & 27,373.5 at the time of print 08:45 GMT the Dow was breathing heavily, down 0.03% at 27,335.0. However, there will be spikes and troughs as market participants await the day’s earnings reports.  Break out beyond these thresholds are subjective to the impact of the earnings announcement.
  • Germany 30: Was spotted with its tail between its legs, down-trending 0.18% at 12,380.5 between 12,412.8 -12,371.8 by the time of print. 08:50 GMT. With EU lawmakers sending mixed signals which are weighing on the stocks just as the Banking fiasco is. Upwards corrections may be noted during the US Open
  • UK100: Little is changed from the previous session as the FTSE 100 trades in familiar territory oscillating up and down between 7,462.5 – 7,494.0 by the time of print it was seen down 0.10% at 7,470.8 Upside movement expected to resume. Oil prices gain upward momentum.
  • Italy 40: Was seen treading water in the pre-EU open at 22,022.50 down 0.44% between 22,012.00 -22,142.50 up and down movements are warranted during the European session.

Commodities:

The commodities are being observed putting on hawkish wings.

  • Oil: Following our statement on Monday, which still holds, we are confronted with the day’s American Petroleum Institute API weekly stockpiles. Traders were a bit agitated however the underlying expectation is for all to climb up ahead of the Oil report. Seen trading at 59.48 between lows 59.20 and highs at 59.66 as per our technical analysis the 2nd resistance could be at 59.80 when crossed a 3rd resistance level at 59.91could be breached by the US Market open.
  • Gold: Prices ranges a notch higher in controlled thresholds between 1,412.75 -1,419.85 by the time of print it was at 0.14% up. Standing at 1,415.45

FX Market:  

A basket of major currencies inversely correlated to the USD, dove down as the USD attempted to regain momentum after the petite dent on Monday.  

  • USD/JPY: The pair were observed at 108.08. Trading between 107.83 -108.11 up 0.16% at the time of print
  • EUR/USD: Caught trading between 1.1251 -1.1264 at 1.1252 down 0.05% the technical analysis reveals that the drop to the downside could reach 1.1230
  • GBP/USD: Seen extending loss 0.28% at 1.2479 and ranging between 1.2521 -1.2409

The Cryptocurrencies.

  • BTC/USD: The pair was observed trading somewhat to the side. Between 10,081.0 – 11,058.0 during most of the EU session and likely in the US session as well.

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No creo tanta maravilla todos los q haceguran haber invertido y ganado dan las mismas cifras de dinero de ganancias y todos aparecieron en un supuesto reportaje de chilevicion

by Gloris at 2019-07-16 13:47:17

Hi Gloria, Thanks for your comment, but it's not warranted and baseless. There are people who, want to learn and get a positive return on their investments. There are those that it does not matter how hard you try to assist with no commitment, will always find faults, but they do not use all the wonderful resources provided to them. We do our best for everyone wanting to learn to trade. It's funny for you to request that I show you the accounts of others :) Privacy laws govern this.How would you feel if I was sharing your data with others? Usually, such comment comes from people with no source of funding and want to discourage others because they do not have the funds. I hope you are not that type. Instead, take time to read about the assets you want to trade on. Ask your Account Manager if you could get some funds for practicing/Demo depending on your account time off course and terms and condition.Then test what we write and talk about. However, until you have done so, do not come on this blog and say things without proof and embarrass yourself if your comments are not related to the blog's content. Kindly contact our support or complaints department. You have a choice to use our platform or not. However, we do not appreciate slanderous andThank you. Hi Gloria, Thanks for your comment, but it's not warranted and baseless. There are people who, want to learn and get a positive return on their investments. There are those that it does not matter how hard you try to assist with no commitment, will always find faults, but they do not use all the wonderful resources provided to them. We do our best for everyone wanting to learn to trade. It's funny for you to request that I show you the accounts of others :) Privacy laws govern this.How would you feel if I was sharing your data with others? Usually, such comment comes from people with no source of funding and want to discourage others because they do not have the funds. I hope you are not that type. Instead, take time to read about the assets you want to trade on. Ask your Account Manager if you could get some funds for practicing/Demo depending on your account time off course and terms and condition.Then test what we write and talk about. However, until you have done so, do not come on this blog and say things without proof and embarrass yourself if your comments are not related to the blog's content. Kindly contact our support or complaints department. You have a choice to use our platform or not. However, we do not appreciate slanderous andThank you.Hola gloria Gracias por tu comentario, pero no está justificado y no tiene fundamento. Hay personas que quieren aprender y obtener un rendimiento positivo de sus inversiones. Hay aquellos que no importa cuánto se esfuerce por ayudar sin compromiso, siempre encontrarán fallas, pero no usan todos los recursos maravillosos que se les brindaron. Hacemos nuestro mejor esfuerzo para todos aquellos que quieran aprender a comerciar. Es gracioso para usted solicitar que le muestre las cuentas de otros :) Las leyes de privacidad rigen esto.¿Cómo te sentirías si estuviera compartiendo tus datos con otros? Por lo general, este comentario proviene de personas que no cuentan con una fuente de financiamiento y desean desalentar a otros porque no tienen los fondos. Espero que no seas de ese tipo. En su lugar, tómese el tiempo para leer sobre los activos con los que desea negociar. Pregúntele a su Gerente de Cuenta si podría obtener algunos fondos para practicar / Demo dependiendo del tiempo de su cuenta fuera del curso y los términos y condiciones.Luego prueba lo que escribimos y hablamos. Sin embargo, hasta que lo hayas hecho, no vengas a este blog ni digas cosas sin pruebas y te avergüences si tus comentarios no están relacionados con el contenido del blog. Por favor contacte con nuestro departamento de soporte o quejas. Tienes la opción de utilizar nuestra plataforma o no. Sin embargo, no apreciamos calumnias yGracias.Hi Gloria, Thanks for your comment, but it's not warranted and baseless. There are people who, want to learn and get a positive return on their investments. There are those that it does not matter how hard you try to assist with no commitment, will always find faults, but they do not use all the wonderful resources provided to them. We do our best for everyone wanting to learn to trade. It's funny for you to request that I show you the accounts of others :) Privacy laws govern this.How would you feel if I was sharing your data with others? Usually, such comment comes from people with no source of funding and want to discourage others because they do not have the funds. I hope you are not that type. Instead, take time to read about the assets you want to trade on. Ask your Account Manager if you could get some funds for practicing/Demo depending on your account time off course and terms and condition.Then test what we write and talk about. However, until you have done so, do not come on this blog and say things without proof and embarrass yourself if your comments are not related to the blog's content. Kindly contact our support or complaints department. You have a choice to use our platform or not. However, we do not appreciate slanderous andThank you.

by Kenneth@Xtrade at 2019-07-16 14:17:43

Wbyis there no thumbs up response icon emojis fir all your accurate detailed work?

by Meg at 2019-07-29 16:24:06

Hi Meg, Thank you very much that is an awesome suggestion. We wanted people to actually comment and say something. However, we shall add the like feature soon. Best regards always

by Kenneth@Xtrade at 2019-07-30 16:21:52

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