1

Analyst (FX, Global Markets & OTC

Derivatives)

Thursday, October 22, 2015

A MACRO COMMENTARY ON FX, GLOBAL INDICES, METALS & USA STOCKS

(+1) 316 413 3777

dhruv@sevenstarfx.com

About Seven Star FX Limited

Seven Star FX Limited, is authorised and regulated by the Internal Financial Service Commission (IFSC), Belize Central America
with Registration No: IFSC/60/211/TS/15 has a right to carry out whole range trading of FX & OTC products. Seven Star FX Ltd. is
a leading online trading and investment specialist. Our trading platforms allow both professional traders who earn money by receiving
short-term profit, as well as managers of investment funds, who strive to increase the share of overseas investment by using the
advantages of foreign exchange trading. Seven Star FX Ltd serves both speculative and strategic traders. For more than a decade
we have served the needs of Banks, Brokers, Asset Managers, Wealth Managers, 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**

Thursday, October 22, 2015

Pair

High

Low

Trend Index

GBP/USD

1.551

1.541

Bullish

EUR/USD

1.135

1.13

Bearish

USD/JPY

120

119.6

Bearish

AUD/USD

0.724

0.718

Bullish

USD/CAD

1.314

1.31

Bearish

NZD/USD

0.678

0.671

Bearish

EUR/JPY

136.1

135.3

Bearish

USD/CHF

0.964

0.958

Bullish

GBP/JPY

185.6

184.5

Bullish

EUR/GBP

0.736

0.7294

Bearish

FX
Majors (40%)

US
Stocks (20%)

Energies
- (15%)

Precious
Metals (15%)

Global
Indices(10%)

Note** - The above Report is based on Personal Recommendation. Seven Star FX Ltd doesnt accept any liability or guarantee of such
recommendation

GMT (10.00 to 11.00) (H1 Chart)

Thursday, October 22, 2015

day, October 12, 2015

Today, the currency pair is looking much weaker , the #EUR/USD witnessed
the bearish trend while today in the intraday trading chart the currency
pair has ranging between the certain levels of 1.1312 and 1.1303 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 1.1309 Support level will extend the bearish correction to reach 1.1304
levels initial, as in case breaking the previous level.
Since, the Bearish scenario would be confirmed by the breaking the 1.1309
rate on the short-term, crossing this level would push market toward
1.1313 / 1.1309 respectively.

Bearish

Support Level:

S1- 1.1309

S2- 1.1303

Resistance
Level:
Todays Trend:

R1- 1.1348

R2- 1.1316

Weekly Trend:

Down- Trend

Thursday, October 22, 2015

In the Early morning the currency pair: USD/JPY has started in slightly bearish
consolidation pattern; the market has again came into force. As the
currency pair is currently traded at 119.76
The Market today would pursue the bearish player to go short for this
moment of time if today the market falls in the range between
119.76/119.70, as they would expect a price correction trend toward 119.73.
The price keeps mostly fluctuating between the certain levels that represent
the 119.59 support and 119.82 Resistance, and will lead the price to regain
its main bearish track that its main targets.
Analyst View: Most uncertain Today

Bearish

Support Level:

S1- 119.59

S2- 119.62

Resistance
Level:
Todays Trend:

R1- 119.82

R2- 119.72

Weekly Trend:

Up- Trend

Thursday, October 22, 2015

With the positivity grasping in Eurozone, the currency pair:

GBP/USD which certainly seem as though US Dollar $ fall. The
sharp bullish trend today which has seen the outlook more
predictive at the price level of 1.5470. The overnight breach of the
key reaction low at 1.5458 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 highs has been formed during the European
session
The intraday hourly chart shows all moving averages is moving in
the bullish trend, whilst the old support around 1.5540 is now
being formed while the resistance at 1.5447. Any rally now into
the band $1.54/$1.55 looks to be a slightly bullish opportunity.

Best Currency for Today

Bullish

Support Level:

S1- 1.5452

S2- 1.5433

S3- 1.5540

Resistance
Level:
Todays Trend:

R1- 1.5436

R2- 1.5447

Weekly Trend:

Up-Trend

Thursday, October 22, 2015

After starting a day with bullish trend, (The US economy has been drastically while
the AUD has yesterday some better results) the correction shows no sign of any
selling pressure, but however it can be clearly observed as an important band of
support once again forming around the ($0.7223). While the sequence at $0.7230
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 $0.7223 level.). Back then there was arguably a trend lines & three candlestick
set up, following a bullish day this is again a possibility today. .
Strong Trend lines showing bullish trend but however any currency pair against
the US dollar shown a different trend line during the American session time.
Hence for small and short term traders the European trading time always prove
beneficial while for the high networth & heavy traders the American Session
proves beneficial
Research by: Seven Star FX Research Center
To know more about the time Zone: Please click on the link below:
https://www.sevenstarfx.com/forex-tools/market-hours/

Slightly Bullish

Support Level:

S1- 0.7290

S2- 0.7283

Resistance
Level:
Todays Trend:

R1- 0.7256

R2- 0.7267

Weekly Trend:

Up- Trend

Thursday, October 22, 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.

Support Level:

S1- 0.9601

S2- 0.9617

Resistance
Level:

R1- 0.9483

R2- 0.9472

While currently it trades at 0.9620/0.9615 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

Todays Trend:

Hence even for today, Our Analyst Team predicts the bullish trend. According to
the Seven Star FX team, the currency pair: #USD/CHF is one of the best currency
pair for European traders.

Bullish

Weekly Trend:

Up- Trend

Thursday, October 22, 2015

Today, the currency pair USD/CAD doesnt look in confirming phase as it is slightly
below the level of 1.3112 this weeks highlight Canada economy doesnt shows
any positive signs of progress or improvement. Yesterday it was surrounded with
three major events.

Support Level:

S1- 1.3107

S-1.3116

Resistance
Level:

R1- 1.3127

R2- 1.3132

Here is an outlook on the major market-movers and an updated technical analysis

for USD/CAD.
Todays Trend:

USD/CAD is falling today. Hourly resistance at 1.3113 has been broken. Hourly
support is given at 1.3097. Stronger support can be found at 1.3132. While we
remain (bearish) on the pair today as long as the technical structure suggests a
downward momentum

Bearish

Weekly Trend:

Down-Trend

Thursday, October 22, 2015

During the past few weeks the signals might suggested that the outlook on WTI
has increased but to level bringing the optimistic news for the traders and retail
sellers. Even today it has resulted in rising momentum indicators on both daily
and intraday charts. However, there is an argument now that there is a down
trend forming at $45.81 .This comes with a slight bullish Drift. Perhaps this could
begin to put pressure on the support levels, which the intraday hourly chart shows
to be initially at $46.00.

Price Outlook:
Current Price
45.79

Change
+0.55

%Change Next Contract

+1.27%
NOV 15
Source: Seven Star FX Research Center, Investing.com

Support Level:

Resistance
Level:

Todays Trend:
Weekly Trend:

Up-Trend

Thursday, October 22, 2015

In intraday session today the price momentum has been shown a steady rise, The Gold
prices rose with a change of 0.06% against the US dollar and today technical selling
continued to weigh on the market. Today The XAU/USD pair has risen to level of
$1168.22, 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 1167.40 and 1171.20, 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 1165- 1170

Slightly Bearish

Support Level:

Resistance
Level:

Todays Trend:
Weekly Trend:

Up-Trend

Thursday, October 22, 2015

Yesterday, the market has marginally fall to a level at 17,168 levels, which would push
the trader to go for short 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:

Todays Trend:
Weekly Trend:

Down-Trend

Thursday, October 22, 2015

Sr No.

Company

Trend

Market Cap:

1
2

Apple Inc.
PepsiCo Inc.

Down Trend

648.8 B
146.1 B

3
4

Tesla Motors, Inc.

Facebook Inc.

Down Trend
Up Trend

27.65 B
273.3 B

Amazon.com, Inc.

Down Trend

262.3 B

Down Trend

Thursday, October 22, 2015

ECONOMIC SCENARIO
Current Assessment

4.3

1.8

2.1

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

2.5

1.8

Thursday, October 22, 2015

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

This report is issued by Seven Star FX Limited, who is authorised and regulated by the Internal Financial Service Commission (IFSC) with Registration No: IFSC/60/211//TS/15. The
document is prepared and distributed for information and education purposes only. Seven Star FX (SSFX) is a congressionally authorized Forex broking organization of high repute. Its mission is to
provide innovative Forex programs and services that protect investors and ensure market integrity
It Does not Constitute any personal investment advice, nor it takes into consideration account the individual financial circumstances or objective of any of the clients who periodically receive it. All the
information and /research /provided by Seven Star FX Limited is intended to General use. It does not constitute a recommendation or offer to purchase or sale of any financial instrument in specific. All
the Suggestions or views within this report are solely and exclusively of the our analyst team which only reviews their Personal recommendation about any and all of the subject recommendation & are
presented to best of his knowledge. Any person relying to such report & undertaking the trading Decision does entirely at their own risk while Seven star FX ltd does not accept any such responsibilities
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign
exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore
you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any
doubts.