SlideShare a Scribd company logo
DAILY MARKET INSIGHT
13 December 2022
DAILY MARKET
INSIGHT
13 December 2022
DAILY MARKET INSIGHT
13 December 2022
Economic Calendar
Time Currency News Impact Expectation
03:30 AM AUD Westpac Consumer
Confidence Index
High 80
04:30 AM AUD NAB Business Confidence High 2
11:00 AM GBP Claimant Count Change High 8K
11:00 AM GBP Unemployment Rate Medium 3.7%
12:00 PM CHF SECO Economics Forecasts Medium -
02:00 PM EUR ZEW Economic Sentiment
Index
Medium -28
05:30 PM USD Core Inflation Rate YoY High 7.6%
07:00 PM USD IBD/TIPP Economic Optimism Medium 41
DAILY MARKET INSIGHT
13 December 2022
AUD/USD TREND: NEUTRAL
The AUD/USD pair displays cautious move to pare the biggest daily loss in a week as it
remains pressured near the 0.6750 mark. A downbeat Australian NAB Business Conditions,
Confidence further keeps the momentum to the lower side.
Indicators Daily chart Status
RSI 55 Bullish
STOCHASTIC 53 Bullish
MACD Above midline Bullish
200 EMA 0.6833 Bearish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.6755 0.6785 0.6815 0.6725
DAILY MARKET INSIGHT
13 December 2022
NZD/USD TREND: BULLISH
NZD/USD trades inside the ascending channel while making sideways movement near the
0.6400 mark. Any downside movement in the USD would keep the buyers hopeful.
Indicators Daily chart Status
RSI 65 Bullish
STOCHASTIC 78 Bullish
MACD Above midline Bullish
200 EMA 0.6244 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.6385 0.6415 0.6445 0.6355
DAILY MARKET INSIGHT
13 December 2022
EUR/USD TREND: BULLISH
EUR/USD extends the consolidation above 1.0520 for the past few sessions. Investors avoid
aggressive bids as they wait for the U.S. inflation data. Further, economic fears surrounding
the Euro Area keep the bears hopeful.
Indicators Daily chart Status
RSI 65 Bullish
STOCHASTIC 82 Bullish
MACD Above midline Bullish
200 EMA 1.0397 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.0530 1.0560 1.0590 1.0500
DAILY MARKET INSIGHT
13 December 2022
GBP/USD TREND: BULLISH
GBP/USD remains quite on Tuesday with modest losses. The sentiment remains mildly
negatively skewed amid UK’s recession and key U.S data to be released today. The price
stays above the 200-day moving average.
Indicators Daily chart Status
RSI 64 Bullish
STOCHASTIC 82 Bullish
MACD Above midline Bullish
200 EMA 1.2113 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.2260 1.2290 1.2320 1.2230
DAILY MARKET INSIGHT
13 December 2022
USD/JPY TREND: NEUTRAL
USD/JPY bulls took breather near 137.60 extending the gains from the previous session. But
the upside pressure remains intact despite refreshing a multi-day high on Tuesday. Mixed
momentum oscillators hints sideline movement in the Yen pair.
4Indicators Daily chart Status
RSI 42 Bearish
STOCHASTIC 64 Bullish
MACD Below midline Bearish
200 EMA 135.15 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 137.75 137.45 137.15 138.05
DAILY MARKET INSIGHT
13 December 2022
USD/CAD TREND: NEUTRAL
USD/CAD managed to stay above the crucial support are of 1.3600. If the bears able to break
the ascending trend line, the price would expected to continue the fall. A rebound in the oil
price on China’s demand optimism exerts pressure on the Lonnie.
Indicators Daily chart Status
RSI 56 Bullish
STOCHASTIC 81 Bullish
MACD Below midline Bearish
200 EMA 1.3150 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.3630 1.3600 1.3570 1.3690
DAILY MARKET INSIGHT
13 December 2022
USD/CHF TREND: BEARISH
On the daily chart, the USD/CHF pair trades inside the descending channel. A consolidation
near 0.9320 is a vital interim support zone. A pre Fed and U.S Inflation data anxiety keeps
the pair off the table. A volatility is expected in the late evening session.
Indicators Daily chart Status
RSI 36 Bearish
STOCHASTIC 21 Bearish
MACD Below midline Bearish
200 EMA 0.9600 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.9360 0.9330 0.9300 0.9390
DAILY MARKET INSIGHT
13 December 2022
GOLD TREND: BULLISH
Gold price fell in the previous session and tested the low of $1,772. The price is struggling
near $1,780. A horizontal resistance level around $1,800 acts a strong barricade for the bulls.
Traders await for the key U.S. CPI for November.
Indicators Daily chart Status
RSI 58 Bullish
STOCHASTIC 61 Bullish
MACD Above midline Bullish
200 EMA $1,764 Bullish
Outlook BULLISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy $1,780 $1,790 $1,800 $1,770

More Related Content

Similar to Daily Market Insight-13 December (1).pdf

Daily Market Insight-07 December.pdf
Daily Market Insight-07 December.pdfDaily Market Insight-07 December.pdf
Daily Market Insight-07 December.pdf
BluechipInvestment
 
Daily Market Insight-20 December.pdf
Daily Market Insight-20 December.pdfDaily Market Insight-20 December.pdf
Daily Market Insight-20 December.pdf
BluechipInvestment
 
Daily Market Insight-22 November.pdf
Daily Market Insight-22 November.pdfDaily Market Insight-22 November.pdf
Daily Market Insight-22 November.pdf
BluechipInvestment
 
Daily Market Insight-1 December.pdf
Daily Market Insight-1 December.pdfDaily Market Insight-1 December.pdf
Daily Market Insight-1 December.pdf
BluechipInvestment
 
Daily Market Insight-15 November.pdf
Daily Market Insight-15 November.pdfDaily Market Insight-15 November.pdf
Daily Market Insight-15 November.pdf
BluechipInvestment
 
Daily Market Insight-6 December.pdf
Daily Market Insight-6 December.pdfDaily Market Insight-6 December.pdf
Daily Market Insight-6 December.pdf
BluechipInvestment
 
Daily Market Insight-15 December.pdf
Daily Market Insight-15 December.pdfDaily Market Insight-15 December.pdf
Daily Market Insight-15 December.pdf
BluechipInvestment
 
Daily Market Insight-5 December.pdf
Daily Market Insight-5 December.pdfDaily Market Insight-5 December.pdf
Daily Market Insight-5 December.pdf
BluechipInvestment
 
Daily Market Insight-29 November.pdf
Daily Market Insight-29  November.pdfDaily Market Insight-29  November.pdf
Daily Market Insight-29 November.pdf
BluechipInvestment
 
Daily Market Insight-14 December.pdf
Daily Market Insight-14 December.pdfDaily Market Insight-14 December.pdf
Daily Market Insight-14 December.pdf
BluechipInvestment
 
Daily Market Insight-11 November.pdf
Daily Market Insight-11 November.pdfDaily Market Insight-11 November.pdf
Daily Market Insight-11 November.pdf
BluechipInvestment
 
Daily Market Insight-16 December.pdf
Daily Market Insight-16 December.pdfDaily Market Insight-16 December.pdf
Daily Market Insight-16 December.pdf
BluechipInvestment
 
Daily Market Insight-19 December.pdf
Daily Market Insight-19 December.pdfDaily Market Insight-19 December.pdf
Daily Market Insight-19 December.pdf
BluechipInvestment
 
Daily Market Insight-9 November.pdf
Daily Market Insight-9 November.pdfDaily Market Insight-9 November.pdf
Daily Market Insight-9 November.pdf
BluechipInvestment
 
Daily Market Insight-17 November.pdf
Daily Market Insight-17 November.pdfDaily Market Insight-17 November.pdf
Daily Market Insight-17 November.pdf
BluechipInvestment
 
Daily Market Insight-23 November.pdf
Daily Market Insight-23 November.pdfDaily Market Insight-23 November.pdf
Daily Market Insight-23 November.pdf
BluechipInvestment
 
Daily Market Insight-27 july.pdf
Daily Market Insight-27 july.pdfDaily Market Insight-27 july.pdf
Daily Market Insight-27 july.pdf
BluechipInvestment
 
Daily Market Insight-29 May.pdf
Daily Market Insight-29 May.pdfDaily Market Insight-29 May.pdf
Daily Market Insight-29 May.pdf
BluechipInvestment
 
Daily Market Insight-30 November.pdf
Daily Market Insight-30 November.pdfDaily Market Insight-30 November.pdf
Daily Market Insight-30 November.pdf
BluechipInvestment
 
Daily market insight- June 6.pdf
Daily market insight- June 6.pdfDaily market insight- June 6.pdf
Daily market insight- June 6.pdf
BluechipInvestment
 

Similar to Daily Market Insight-13 December (1).pdf (20)

Daily Market Insight-07 December.pdf
Daily Market Insight-07 December.pdfDaily Market Insight-07 December.pdf
Daily Market Insight-07 December.pdf
 
Daily Market Insight-20 December.pdf
Daily Market Insight-20 December.pdfDaily Market Insight-20 December.pdf
Daily Market Insight-20 December.pdf
 
Daily Market Insight-22 November.pdf
Daily Market Insight-22 November.pdfDaily Market Insight-22 November.pdf
Daily Market Insight-22 November.pdf
 
Daily Market Insight-1 December.pdf
Daily Market Insight-1 December.pdfDaily Market Insight-1 December.pdf
Daily Market Insight-1 December.pdf
 
Daily Market Insight-15 November.pdf
Daily Market Insight-15 November.pdfDaily Market Insight-15 November.pdf
Daily Market Insight-15 November.pdf
 
Daily Market Insight-6 December.pdf
Daily Market Insight-6 December.pdfDaily Market Insight-6 December.pdf
Daily Market Insight-6 December.pdf
 
Daily Market Insight-15 December.pdf
Daily Market Insight-15 December.pdfDaily Market Insight-15 December.pdf
Daily Market Insight-15 December.pdf
 
Daily Market Insight-5 December.pdf
Daily Market Insight-5 December.pdfDaily Market Insight-5 December.pdf
Daily Market Insight-5 December.pdf
 
Daily Market Insight-29 November.pdf
Daily Market Insight-29  November.pdfDaily Market Insight-29  November.pdf
Daily Market Insight-29 November.pdf
 
Daily Market Insight-14 December.pdf
Daily Market Insight-14 December.pdfDaily Market Insight-14 December.pdf
Daily Market Insight-14 December.pdf
 
Daily Market Insight-11 November.pdf
Daily Market Insight-11 November.pdfDaily Market Insight-11 November.pdf
Daily Market Insight-11 November.pdf
 
Daily Market Insight-16 December.pdf
Daily Market Insight-16 December.pdfDaily Market Insight-16 December.pdf
Daily Market Insight-16 December.pdf
 
Daily Market Insight-19 December.pdf
Daily Market Insight-19 December.pdfDaily Market Insight-19 December.pdf
Daily Market Insight-19 December.pdf
 
Daily Market Insight-9 November.pdf
Daily Market Insight-9 November.pdfDaily Market Insight-9 November.pdf
Daily Market Insight-9 November.pdf
 
Daily Market Insight-17 November.pdf
Daily Market Insight-17 November.pdfDaily Market Insight-17 November.pdf
Daily Market Insight-17 November.pdf
 
Daily Market Insight-23 November.pdf
Daily Market Insight-23 November.pdfDaily Market Insight-23 November.pdf
Daily Market Insight-23 November.pdf
 
Daily Market Insight-27 july.pdf
Daily Market Insight-27 july.pdfDaily Market Insight-27 july.pdf
Daily Market Insight-27 july.pdf
 
Daily Market Insight-29 May.pdf
Daily Market Insight-29 May.pdfDaily Market Insight-29 May.pdf
Daily Market Insight-29 May.pdf
 
Daily Market Insight-30 November.pdf
Daily Market Insight-30 November.pdfDaily Market Insight-30 November.pdf
Daily Market Insight-30 November.pdf
 
Daily market insight- June 6.pdf
Daily market insight- June 6.pdfDaily market insight- June 6.pdf
Daily market insight- June 6.pdf
 

More from BluechipInvestment

Daily Market Insight-July 24.pdf
Daily Market Insight-July 24.pdfDaily Market Insight-July 24.pdf
Daily Market Insight-July 24.pdf
BluechipInvestment
 
Company Profile_Bluechip Group
Company Profile_Bluechip GroupCompany Profile_Bluechip Group
Company Profile_Bluechip Group
BluechipInvestment
 
Daily Market Insight-26 May.pdf
Daily Market Insight-26 May.pdfDaily Market Insight-26 May.pdf
Daily Market Insight-26 May.pdf
BluechipInvestment
 
Daily Market Insight-25 May.pdf
Daily Market Insight-25 May.pdfDaily Market Insight-25 May.pdf
Daily Market Insight-25 May.pdf
BluechipInvestment
 
Daily Market Insight-24 May.pdf
Daily Market Insight-24 May.pdfDaily Market Insight-24 May.pdf
Daily Market Insight-24 May.pdf
BluechipInvestment
 
Daily Market Insight-23 May.pdf
Daily Market Insight-23 May.pdfDaily Market Insight-23 May.pdf
Daily Market Insight-23 May.pdf
BluechipInvestment
 
Daily Market Insight-25 November.pdf
Daily Market Insight-25 November.pdfDaily Market Insight-25 November.pdf
Daily Market Insight-25 November.pdf
BluechipInvestment
 
Daily Market Insight-24 November.pdf
Daily Market Insight-24 November.pdfDaily Market Insight-24 November.pdf
Daily Market Insight-24 November.pdf
BluechipInvestment
 

More from BluechipInvestment (8)

Daily Market Insight-July 24.pdf
Daily Market Insight-July 24.pdfDaily Market Insight-July 24.pdf
Daily Market Insight-July 24.pdf
 
Company Profile_Bluechip Group
Company Profile_Bluechip GroupCompany Profile_Bluechip Group
Company Profile_Bluechip Group
 
Daily Market Insight-26 May.pdf
Daily Market Insight-26 May.pdfDaily Market Insight-26 May.pdf
Daily Market Insight-26 May.pdf
 
Daily Market Insight-25 May.pdf
Daily Market Insight-25 May.pdfDaily Market Insight-25 May.pdf
Daily Market Insight-25 May.pdf
 
Daily Market Insight-24 May.pdf
Daily Market Insight-24 May.pdfDaily Market Insight-24 May.pdf
Daily Market Insight-24 May.pdf
 
Daily Market Insight-23 May.pdf
Daily Market Insight-23 May.pdfDaily Market Insight-23 May.pdf
Daily Market Insight-23 May.pdf
 
Daily Market Insight-25 November.pdf
Daily Market Insight-25 November.pdfDaily Market Insight-25 November.pdf
Daily Market Insight-25 November.pdf
 
Daily Market Insight-24 November.pdf
Daily Market Insight-24 November.pdfDaily Market Insight-24 November.pdf
Daily Market Insight-24 November.pdf
 

Recently uploaded

End-to-end pipeline agility - Berlin Buzzwords 2024
End-to-end pipeline agility - Berlin Buzzwords 2024End-to-end pipeline agility - Berlin Buzzwords 2024
End-to-end pipeline agility - Berlin Buzzwords 2024
Lars Albertsson
 
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
Vietnam Cotton & Spinning Association
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
uevausa
 
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
ihavuls
 
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
aguty
 
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
ytypuem
 
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
hqfek
 
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
lzdvtmy8
 
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
Vietnam Cotton & Spinning Association
 
Palo Alto Cortex XDR presentation .......
Palo Alto Cortex XDR presentation .......Palo Alto Cortex XDR presentation .......
Palo Alto Cortex XDR presentation .......
Sachin Paul
 
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
Timothy Spann
 
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
osoyvvf
 
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
slg6lamcq
 
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
Aggregage
 
DSSML24_tspann_CodelessGenerativeAIPipelines
DSSML24_tspann_CodelessGenerativeAIPipelinesDSSML24_tspann_CodelessGenerativeAIPipelines
DSSML24_tspann_CodelessGenerativeAIPipelines
Timothy Spann
 
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
Kaxil Naik
 
一比一原版(UO毕业证)渥太华大学毕业证如何办理
一比一原版(UO毕业证)渥太华大学毕业证如何办理一比一原版(UO毕业证)渥太华大学毕业证如何办理
一比一原版(UO毕业证)渥太华大学毕业证如何办理
aqzctr7x
 
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理 原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
tzu5xla
 
Cell The Unit of Life for NEET Multiple Choice Questions.docx
Cell The Unit of Life for NEET Multiple Choice Questions.docxCell The Unit of Life for NEET Multiple Choice Questions.docx
Cell The Unit of Life for NEET Multiple Choice Questions.docx
vasanthatpuram
 
A gentle exploration of Retrieval Augmented Generation
A gentle exploration of Retrieval Augmented GenerationA gentle exploration of Retrieval Augmented Generation
A gentle exploration of Retrieval Augmented Generation
dataschool1
 

Recently uploaded (20)

End-to-end pipeline agility - Berlin Buzzwords 2024
End-to-end pipeline agility - Berlin Buzzwords 2024End-to-end pipeline agility - Berlin Buzzwords 2024
End-to-end pipeline agility - Berlin Buzzwords 2024
 
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics March 2024
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
原版制作(unimelb毕业证书)墨尔本大学毕业证Offer一模一样
 
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
一比一原版澳洲西澳大学毕业证(uwa毕业证书)如何办理
 
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
一比一原版(曼大毕业证书)曼尼托巴大学毕业证如何办理
 
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
一比一原版爱尔兰都柏林大学毕业证(本硕)ucd学位证书如何办理
 
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
一比一原版格里菲斯大学毕业证(Griffith毕业证书)学历如何办理
 
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
[VCOSA] Monthly Report - Cotton & Yarn Statistics May 2024
 
Palo Alto Cortex XDR presentation .......
Palo Alto Cortex XDR presentation .......Palo Alto Cortex XDR presentation .......
Palo Alto Cortex XDR presentation .......
 
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
 
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
一比一原版(uom毕业证书)曼彻斯特大学毕业证如何办理
 
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
一比一原版南十字星大学毕业证(SCU毕业证书)学历如何办理
 
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...
 
DSSML24_tspann_CodelessGenerativeAIPipelines
DSSML24_tspann_CodelessGenerativeAIPipelinesDSSML24_tspann_CodelessGenerativeAIPipelines
DSSML24_tspann_CodelessGenerativeAIPipelines
 
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...
 
一比一原版(UO毕业证)渥太华大学毕业证如何办理
一比一原版(UO毕业证)渥太华大学毕业证如何办理一比一原版(UO毕业证)渥太华大学毕业证如何办理
一比一原版(UO毕业证)渥太华大学毕业证如何办理
 
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理 原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
原版一比一爱尔兰都柏林大学毕业证(UCD毕业证书)如何办理
 
Cell The Unit of Life for NEET Multiple Choice Questions.docx
Cell The Unit of Life for NEET Multiple Choice Questions.docxCell The Unit of Life for NEET Multiple Choice Questions.docx
Cell The Unit of Life for NEET Multiple Choice Questions.docx
 
A gentle exploration of Retrieval Augmented Generation
A gentle exploration of Retrieval Augmented GenerationA gentle exploration of Retrieval Augmented Generation
A gentle exploration of Retrieval Augmented Generation
 

Daily Market Insight-13 December (1).pdf

  • 1. DAILY MARKET INSIGHT 13 December 2022 DAILY MARKET INSIGHT 13 December 2022
  • 2. DAILY MARKET INSIGHT 13 December 2022 Economic Calendar Time Currency News Impact Expectation 03:30 AM AUD Westpac Consumer Confidence Index High 80 04:30 AM AUD NAB Business Confidence High 2 11:00 AM GBP Claimant Count Change High 8K 11:00 AM GBP Unemployment Rate Medium 3.7% 12:00 PM CHF SECO Economics Forecasts Medium - 02:00 PM EUR ZEW Economic Sentiment Index Medium -28 05:30 PM USD Core Inflation Rate YoY High 7.6% 07:00 PM USD IBD/TIPP Economic Optimism Medium 41
  • 3. DAILY MARKET INSIGHT 13 December 2022 AUD/USD TREND: NEUTRAL The AUD/USD pair displays cautious move to pare the biggest daily loss in a week as it remains pressured near the 0.6750 mark. A downbeat Australian NAB Business Conditions, Confidence further keeps the momentum to the lower side. Indicators Daily chart Status RSI 55 Bullish STOCHASTIC 53 Bullish MACD Above midline Bullish 200 EMA 0.6833 Bearish Outlook NEUTRAL Strategy Action Entry Target 1 Target 2 Stop Loss Buy 0.6755 0.6785 0.6815 0.6725
  • 4. DAILY MARKET INSIGHT 13 December 2022 NZD/USD TREND: BULLISH NZD/USD trades inside the ascending channel while making sideways movement near the 0.6400 mark. Any downside movement in the USD would keep the buyers hopeful. Indicators Daily chart Status RSI 65 Bullish STOCHASTIC 78 Bullish MACD Above midline Bullish 200 EMA 0.6244 Bullish Outlook Bullish Strategy Action Entry Target 1 Target 2 Stop Loss Buy 0.6385 0.6415 0.6445 0.6355
  • 5. DAILY MARKET INSIGHT 13 December 2022 EUR/USD TREND: BULLISH EUR/USD extends the consolidation above 1.0520 for the past few sessions. Investors avoid aggressive bids as they wait for the U.S. inflation data. Further, economic fears surrounding the Euro Area keep the bears hopeful. Indicators Daily chart Status RSI 65 Bullish STOCHASTIC 82 Bullish MACD Above midline Bullish 200 EMA 1.0397 Bullish Outlook Bullish Strategy Action Entry Target 1 Target 2 Stop Loss Buy 1.0530 1.0560 1.0590 1.0500
  • 6. DAILY MARKET INSIGHT 13 December 2022 GBP/USD TREND: BULLISH GBP/USD remains quite on Tuesday with modest losses. The sentiment remains mildly negatively skewed amid UK’s recession and key U.S data to be released today. The price stays above the 200-day moving average. Indicators Daily chart Status RSI 64 Bullish STOCHASTIC 82 Bullish MACD Above midline Bullish 200 EMA 1.2113 Bullish Outlook Bullish Strategy Action Entry Target 1 Target 2 Stop Loss Buy 1.2260 1.2290 1.2320 1.2230
  • 7. DAILY MARKET INSIGHT 13 December 2022 USD/JPY TREND: NEUTRAL USD/JPY bulls took breather near 137.60 extending the gains from the previous session. But the upside pressure remains intact despite refreshing a multi-day high on Tuesday. Mixed momentum oscillators hints sideline movement in the Yen pair. 4Indicators Daily chart Status RSI 42 Bearish STOCHASTIC 64 Bullish MACD Below midline Bearish 200 EMA 135.15 Bullish Outlook NEUTRAL Strategy Action Entry Target 1 Target 2 Stop Loss Sell 137.75 137.45 137.15 138.05
  • 8. DAILY MARKET INSIGHT 13 December 2022 USD/CAD TREND: NEUTRAL USD/CAD managed to stay above the crucial support are of 1.3600. If the bears able to break the ascending trend line, the price would expected to continue the fall. A rebound in the oil price on China’s demand optimism exerts pressure on the Lonnie. Indicators Daily chart Status RSI 56 Bullish STOCHASTIC 81 Bullish MACD Below midline Bearish 200 EMA 1.3150 Bullish Outlook NEUTRAL Strategy Action Entry Target 1 Target 2 Stop Loss Sell 1.3630 1.3600 1.3570 1.3690
  • 9. DAILY MARKET INSIGHT 13 December 2022 USD/CHF TREND: BEARISH On the daily chart, the USD/CHF pair trades inside the descending channel. A consolidation near 0.9320 is a vital interim support zone. A pre Fed and U.S Inflation data anxiety keeps the pair off the table. A volatility is expected in the late evening session. Indicators Daily chart Status RSI 36 Bearish STOCHASTIC 21 Bearish MACD Below midline Bearish 200 EMA 0.9600 Bearish Outlook BEARISH Strategy Action Entry Target 1 Target 2 Stop Loss Sell 0.9360 0.9330 0.9300 0.9390
  • 10. DAILY MARKET INSIGHT 13 December 2022 GOLD TREND: BULLISH Gold price fell in the previous session and tested the low of $1,772. The price is struggling near $1,780. A horizontal resistance level around $1,800 acts a strong barricade for the bulls. Traders await for the key U.S. CPI for November. Indicators Daily chart Status RSI 58 Bullish STOCHASTIC 61 Bullish MACD Above midline Bullish 200 EMA $1,764 Bullish Outlook BULLISH Strategy Action Entry Target 1 Target 2 Stop Loss Buy $1,780 $1,790 $1,800 $1,770