TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 09 MARCH 2022

Asia Pacific stocks were mostly down on Wednesday morning. The Shanghai composite is down 1.16% at 3,255.43. Overall, the Singapore MSCI up 1.69% at 300.55. Over in Hong Kong, the Hang Seng Index down 1.97% at 20,447.00. In Japan, the Nikkei 225 up 0.24% at 24,750.00, while the Topix index is up 0.14% at 1761.50. South Korea’s Kospi down 1.09% to 2622.40. Australia S&P/ASX 200 up 1.04% at 7053.00.

European equities Tuesday closing. The DAX futures contract in Germany traded down 0.02% at 12831.51, CAC 40 futures down 0.32% at 5962.97 and the UK 100 futures contract in the U.K. up 0.07% at 6,964.10.

In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.56% at 32632.65. The S&P 500 down 0.72% at 4170.69 and the Nasdaq 100 down 0.39% at 13267.61, NYSE closes down 0.52% at 15625.93.

In the Forex market, GBPUSD up 0.11% at 1.3114. The USDJPY up 0.16% at 115.810. The USDCHF down 0.01% at 0.9275. EURUSD up 0.17% at 1.0914, EUR/GBP up 0.06% at 0.8322. The USD/CNY up 0.02% at 6.3188 at the time of writing.

In the commodity market U.S. Gold futures down 0.32% at $2,035.30. Elsewhere, Silver futures up 0.87% at $26.606 per ounce, Platinum up 1.13% at $1168.50 per ounce, and Palladium up 1.57% at $3225.50.

Crude Oil up on Wednesday; Brent crude oil up 0.92% at $130.30 per barrel while U.S. West Texas Intermediate (CLc1) up 0.61% at $122.74.

In the Cryptocurrency Markets, Bitcoin at 41606.16 up 7.28%, Ethereum up 5.60% at 2722.24, Litecoin at 106.42 up 5.66%, at the time of writing.

TECHNICAL SUMMARY

GBPUSD

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