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Analyst (FX, Global Markets & OTC

Derivatives)

Monday, October 19, 2015
A MACRO COMMENTARY ON FX, GLOBAL INDICES, METALS & USA STOCKS

(+1) 316 413 3777
dhruv@sevenstarfx.com

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Hedge Funds, Broker Dealers and other corporation for instant access to global financial markets.

Macro Commentary:
A Macro Economic Analysis on FX Majors, Energies, Metals, Global Indices & Stocks. The Insights May
Helps you to Trade & it May helps you to put trading orders with profits**

Monday, October 19, 2015

Pair

High

Low

GBP/USD

1.5480
1.1378

1.5425
1.1337

Bullish

119.60
0.7306

119.12
0.7237

Bullish

1.2901
0.6780

Bearish

NZD/USD

1.2945
0.6816

EUR/JPY

135.93

135.33

Bearish

USD/CHF

0.9520
183.82

Bullish

GBP/JPY

0.9549
184.73

EUR/GBP

0.7396

0.7369

Bearish

EUR/USD
USD/JPY
AUD/USD
USD/CAD

Trend Index

FX
Majors (40%)

Bearish
Bullish

US
Stocks (20%)

Precious
Metals (15%)

Bullish

Bullish

Energies
- (15%)

Global
Indices(10%)

Note** - The above Report is based on Personal Recommendation. Seven Star FX Ltd doesn’t accept any liability or guarantee of such
recommendation

GMT – (8.00 to 9.00) (H1 Chart)

Monday, October 19, 2015

day, October 12, 2015

On Friday, the currency pair is looking much more stronger from past week
there were major announcements earlier week (Core CPI and
unemployment), the #EUR/USD witnessed the bearish trend while today in
the intraday trading chart the currency pair has ranging between the
certain levels of 1.1358 and 1.1350 today, any kind of penetration in the
market from any of the below levels which will push the market further on
the consolidation level. Where breaking the 1.1374 Support level will
extend the bearish correction to reach 1.1347 levels initial, as in case
breaking the previous level.
Since, the Bearish scenario would be confirmed by the breaking the 1.1346
rate on the short-term, crossing this level would push market toward
1.1344 / 1.1334 respectively.

“Bearish”

Support Level:

S1- 1.1374

S2- 1.1359

Resistance
Level:
Today’s Trend:

R1- 1.1349

R2- 1.1337

Weekly Trend:

Down-trend

Monday, October 19, 2015

Today in the early morning the market has started in slightly bearish
consolidation pattern; the market has again came into force. As the
currency pair is currently traded at 119.40
The Market today would pursue the bearish player to go long for this
moment of time if market consistently falls in the range of 119.35/119.45, as
they would expect a price correction trend toward 119.23. The price keeps
mostly fluctuating between the certain levels that represent the 119.59
support and 119.25 Resistance, and will lead the price to regain its main
bullish track that its main targets.

“Bullish”

Support Level:

S1- 119.59

S2- 119.37

Resistance
Level:
Today’s Trend:

R1- 119.25

R2- 119.19

Weekly Trend:

Up-trend

Monday, October 19, 2015

Today the Currency pair GBP/USD certainly seem as though US Dollar $ fall
suggesting the good news for EURO sterling. The sharp bullish trend today
which has seen the outlook more predictive at the price level of 1.5480. The
overnight breach of the key reaction low at 1.5453 looks to be confirming
while the dollar has been decreasing for a while. The uptrend mark has now
been broken and a close around ($1.54) today would now confirm that a new
sequence of lower highs is being formed.
The intraday hourly chart shows all moving averages is moving in the bullish
trend, whilst the old support around 1.5481 is now being formed while the
resistance at 1.5455. Any rally now into the band $1.54/$1.55 looks to be a
slightly bullish opportunity.

“Bullish”

Support Level:

S1- 1.5481

S2- 1.5466

Resistance
Level:
Today’s Trend:

R1- 1.5455

R2- 1.5448

Weekly Trend:

Up-Trend

Monday, October 19, 2015

Today, after rates cuts declared by RBA has slightly boosted the outlook
showing a bullish trend, (Even The US economy has shown a good numbers)
the correction shows A little real sign of any selling pressure, but however it
can be clearly observed as an important band of support once again forming
around the ($0.7280). While the sequence at $0.7290 that is again yet to be
broken. Back then there was arguably a trend lines set up, and while
following a bullish day this is again a possibility today. However, from our
Analysis perspective the suggestion on the intraday chart that today AUD,
however there is clearly an important band of support once again forming
around the $0.7290 level.). Back then there was arguably a trend lines &
three candlestick set up, following a strong bullish day this is again a
possibility today. .
Strong Trend lines showing bullish trend

“Bullish”

Support Level:

S1- 0.7290

S2- 0.7283

Resistance
Level:
Today’s Trend:

R1- 0.7256

R2- 0.7267

Weekly Trend:

Up-trend

Monday, October 19, 2015

The currency Pair “USD/CHF” has rose to unexpected level. While the US$
again found support at the above mentioned level, rebounded or
dominated and moved sideways afterwards in the desired support level.
While currently it trades at 0.9557/0.9567,that is marginally much higher
for the week. The pair seems to move upwards shows a clear trend in the
short term. The market seems to be in right phase as from past couple of
days as it has garnered the bullish even today the market is strongly
Favouring the US economy
Hence even for today, Our Analyst Team predicts the bullish trend.
“Best

to Trade for today”

“Bullish”

Support Level:

S1- 0.9509

S2- 0.9500

Resistance
Level:

R1- 0.9483

R2- 0.9472

Today’s Trend:
Weekly Trend:

Up-trend

Monday, October 19, 2015

Today, both the chart shows Bearish trend after a week of failure for this
currency, as USD/CAD closed slightly below the level of 1.2928 this week’s
highlight Canada economy doesn’t shows any positive signs of progress or
improvement. Here is an outlook on the major market-movers and an
updated technical analysis for USD/CAD.
USD/CAD is falling today. Hourly resistance at 1.2985 has been broken.
Hourly support is given at 1.2914. Stronger support can be found at 1.2927.
While we remain (bullish) on the pair today as long as the technical
structure suggests a downward momentum

“Bearish”

Support Level:

S1- 1.2914

S-1.2927

Resistance
Level:

R1- 1.2895

R2- 1.2900

Today’s Trend:
Weekly Trend:

Down-Trend

Monday, October 19, 2015

From the past week the signals might suggested that the outlook on WTI
has decreases but only to level bringing the optimistic news. But today it
has resulted in a general neutralising of the momentum indicators on both
daily and intraday charts. However, there is an argument now that there is
a down trend forming at $47.27 .This comes with a slight bearish Drift.
Perhaps this could begin to put pressure on the support levels, which the
intraday hourly chart shows to be initially at $47.00.

Support Level:

-

-

-

Resistance
Level:

-

-

-

Today’s Trend:
Weekly Trend:

Down-Trend

Price Outlook:
Current Price
47.27

Change
-0.46

%Change
-0.97%

Next Contract
NOV 15

Source: Seven Star FX Research Center, Investing.com

NOV 1

Monday, October 19, 2015

In today’s intraday session the price momentum has shown very slow but
however from past one hour the market movements is moving very slow,
The Gold prices slipped with a change of 0.13% against the US dollar and
today technical selling continued to weigh on the market. Today The
XAU/USD pair has slipped down to level of $1171.95, after a breach of some
key support levels triggered a huge selling trend. Gold price has drastically
come under renewed pressure in recent weeks, as market players seems to
be expecting bearish Trend.
From an intra-day perspective, Seven Star FX analysis believe the key levels
to pay attention will be 1172.40 and 1172.20, there is a significant amount
of support in the proximity of 1180 so it may remain intact before any main
event of the day.
We generally think that the support around 1172 today might have
successful break might drag gold prices towards the 1172- 1170

“Slightly Bearish”

Support Level:

-

-

Resistance
Level:

-

-

Today’s Trend:
Weekly Trend:

Up-Trend

Monday, October 19, 2015

On Friday, The market has again jumped to a high level forming a new high
at 17,215 levels, which would push the trader to go for long position. While,
the US good numbers has made the impact on its index, while in that case
it will again rise to a level of 17.5k would be the target for that correction.
During this weekend the index has jumped to another higher level. The
Economic GDP has risen, unemployment rates have decreased, etc. all this
has contributed the positive level for US economy.
While the index has major high yesterday (raised to almost 74 points). Our
analyst and research team predicts the momentum will again having the
bullish trend touching the rate of 17.5K in the Month of Oct’. From past
weeks the Analyst are quite bullish but only for a shorter version and it has
proved their theory right with this downfall.

“Bullish”

Support Level:

-

-

-

Resistance
Level:

-

-

-

Today’s Trend:
Weekly Trend:

Up-Trend

Monday, October 19, 2015

Sr No.

Company

Trend

Market Cap:

1
2

Google Inc.
Apple Inc.

Up Trend

465.3 B
633.2 B

3
4

Amazon.com, Inc.
Facebook Inc.

Up Trend
Up Trend

267 B
274.8 B

5

Goldman Sachs group, Inc.

Up Trend

80.16 B

Down Trend

Monday, October 19, 2015

ECONOMIC SCENARIO
Current Assessment

4.3

1.8

2.1

2

2.5

3.4

3.8

3.5

3.9

5.2

6.1

Expectations
6.3

Business Climate

FX Spot (Currencies)

Energies & Spot Metals

Fixed Income

Global Markets(Indices)

Business Climate

5.2

6.3

3.8

4.3

Expectations

3.9

6.1

3.4

2.1

Current Assessment

3.5

2

2.5

1.8

Monday, October 19, 2015

Contact us
Address: No. 5, Cork Street,
Belize City, Belize,
Central America (C.A)
Email:
dhruv@sevenstarfx.com

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