Here are today's directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Feel free to forward this to a friend!
Newsletter Header
 
DAILY MARKET NEWSLETTER
December 16, 2021
 
 
 
Here are today's directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Feel free to forward this to a friend!
 
 
 
AUD/USD   USD/JPY   GBP/USD   EUR/USD   Hang Seng (HKFE)   Nikkei 225 (OSE)   SPI 200 (ASX)   Crude Oil (WTI)   Gold   Silver spot  
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
AUD/USD intraday: above its upper Bollinger band
 
Our pivot point stands at 0.7142.
 
Our preference:
The upside prevails as long as 0.7142 is support.
 
Alternative scenario:
The downside breakout of 0.7142 would call for 0.7118 and 0.7104.
 
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.7134 and 0.7121). Finally, the AUD/USD has crossed above its upper Bollinger band (0.7164).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
USD/JPY intraday: the upside prevails as long as 113.58 is support
 
113.58 is our pivot point.
 
Our preference:
The upside prevails as long as 113.58 is support.
 
Alternative scenario:
The downside breakout of 113.58 would call for 113.14 and 112.88.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 113.89 and 113.79).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
GBP/USD intraday: our next up target stands at 1.3350
 
Our pivot point stands at 1.3225.
 
Our preference:
Our next up target stands at 1.3350.
 
Alternative scenario:
Below 1.3225, expect 1.3183 and 1.3157.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.3234 and 1.3237).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
EUR/USD intraday: above its upper Bollinger band
 
Our pivot point is at 1.1251.
 
Our preference:
The upside prevails as long as 1.1251 is support.
 
Alternative scenario:
Below 1.1251, expect 1.1205 and 1.1177.
 
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1264 and 1.1264). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.1290).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
Hang Seng (HKFE)‎ (Z1)‎ Intraday: under pressure.
 
Pivot:
23385.00
 
Our preference:
Short positions below 23385.00 with targets at 23000.00 & 22750.00 in extension.
 
Alternative scenario:
Above 23385.00 look for further upside with 23735.00 & 24040.00 as targets.
 
Comment:
The RSI is bearish and calls for further downside.
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
Nikkei 225 (OSE)‎ (H2)‎ Intraday: look for 29275.00.
 
Pivot:
28550.00
 
Our preference:
Long positions above 28550.00 with targets at 29025.00 & 29275.00 in extension.
 
Alternative scenario:
Below 28550.00 look for further downside with 28390.00 & 28240.00 as targets.
 
Comment:
The next resistances are at 29025.00 and then at 29275.00.
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
SPI 200 (ASX)‎ (H2)‎ intraday: above its upper Bollinger band
 
Our pivot point stands at 7214.
 
Our preference:
Our next up target stands at 7288.
 
Alternative scenario:
The downside breakout of 7214 would call for 7186 and 7170.
 
Comment:
The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. SPI 200 (ASX) (H2) is above its 20 and 50 period moving average (respectively at 7208 and 7220). Finally, the SPI 200 (ASX) (H2) is trading above its upper Bollinger band (standing at 7235).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
Crude Oil (WTI)‎ (F2)‎ Intraday: bullish bias above 70.40.
 
Pivot:
70.40
 
Our preference:
Long positions above 70.40 with targets at 72.30 & 73.00 in extension.
 
Alternative scenario:
Below 70.40 look for further downside with 69.40 & 68.85 as targets.
 
Comment:
The next resistances are at 72.30 and then at 73.00.
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
Gold intraday: above its upper Bollinger band
 
Our pivot point stands at 1772.00.
 
Our preference:
The upside prevails as long as 1772 is support.
 
Alternative scenario:
Below 1772, expect 1765 and 1760.50.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Gold is trading above both its 20 and 50 period moving average (respectively at 1769 and 1769.90). Finally, the Gold has crossed above its upper Bollinger band (1778.47).
 
Analyst Views Chart
 
Deposit Now
 
 
 
 
 
Silver intraday: the upside prevails as long as 21.95 is support
 
Our pivot point stands at 21.95.
 
Our preference:
The upside prevails as long as 21.95 is support.
 
Alternative scenario:
Below 21.95, expect 21.80 and 21.70.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Silver is above its 20 and 50 period moving average (respectively at 21.73 and 21.84).
 
Analyst Views Chart
 
Deposit Now
 
 
Banner Ad
     
 
 
TRADING CENTRAL Terms and conditions

The information provided does not constitute, in any way, a solicitation or inducement to buy or sell securities and similar products. Comments and analysis reflect the views of TRADING CENTRAL at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of TRADING CENTRAL. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and financial derivatives such as futures, CFDs (Contracts for Difference), warrants, turbos or certificates involve a high degree of risk. They require a good level of financial knowledge and experience. TRADING CENTRAL recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued. TRADING CENTRAL recommends reading the "risk factors" section of the prospectus for any financial product mentioned.

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the code of conduct of the association ANACOFI-CIF, association approved by the Financial Markets Authority and registered with ORIAS under number 17005458.

In the United States, TRADING CENTRAL AMERICAS, INC. is a Registered Investment Adviser (RIA) with the U.S. Securities and Exchange Commission (SEC) under IARD/CRD number 801-67210. Services are provided in the United States by TRADING Central Americas, Inc. TRADING Central will provide a copy of its most recent written disclosure statement without charge upon written request. Notwithstanding the foregoing paragraphs, nothing herein shall constitute a waiver or limitation of any U.S. person's rights under relevant U.S. federal or state laws.

In Asia, TRADING CENTRAL ASIA LTD has received a license (number AWI815) from the Hong Kong-based Securities and Futures Commission (SFC) to conduct “Type 4” and “Type 5” regulated activities (Advising on Securities and Futures).

TRADING CENTRAL recommends that you read the legal and regulatory information and warnings about the information provided by visiting the following link : terms_of_use_web_sites_en.pdf

Headquarters of the publisher : TRADING CENTRAL SA, 11 bis rue Scribe, 75009 Paris
RCS : PARIS B 423 512 607 VAT N° FR 174 235 12607
 
 
 
 
Client Logo
 
Asia Capital Markets
Trading Central
 
 
 
 
  Twitter   LinkedIn   Instagram   FaceBook