Stocks and Forex Technical Analysis Report Today- 09/07/2021
Asia Pacific stocks are down Friday morning as concerns continue to mount about the spread of COVID-19 variants. The Shanghai composite is down 0.17% at 3,518.93. Overall, the Singapore MSCI up 0.77% at 353.45. Over in Hong Kong, the Hang Seng Index up 0.95% at 27,359. In Japan, the Nikkei 225 down 1.17% at 27,830, while the Topix index is down 0.94% at 1903.0. South Korea’s Kospi down 1.18% to 3212.70. Australia S&P/ASX 200 down 1.42% at 7237.5.
European equities Thursday closing. The DAX futures contract in Germany traded 1.73% down at 15420.64, CAC 40 futures down 2.01% at 6396.74 and the UK 100 futures contract in the U.K. down 0.10% at 7,031.7.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.75% at 34421.94. The S&P 500 up 0.86% to 4320.83 and the Nasdaq 100 down 0.13% at 14707.3, NYSE closes at 16359.69 down 1.21%.
In the Forex market, GBPUSD down 0.03% at 1.37668. The USDJPY up 0.22% at 109.99. The USDCHF up 0.11% at 0.91586. EURUSD down 0.06% at 1.18354, EUR/GBP up 0.03% at 0.859. The USD/CNY down 0.05% at 6.4864, at the time of writing.
TECHNICAL SUMMARY
GBPUSD

TRADE SUGGESTION- SELL AT 1.3767, TAKE PROFIT AT 1.37462 AND STOP LOSS AT 1.3792
EURUSD

TRADE SUGGESTION- SELL AT 1.18254, TAKE PROFIT AT 1.18031 AND STOP LOSS AT 1.18324
GBPJPY

TRADE SUGGESTION- SELL AT 151.518, TAKE PROFIT AT 151.347 AND STOP LOSS AT 151.623
CHFJPY

TRADE SUGGESTION- SELL AT 120.034, TAKE PROFIT AT 119.775 AND STOP LOSS AT
120.384
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