{"id":21784,"date":"2017-09-15T02:37:04","date_gmt":"2017-09-15T02:37:04","guid":{"rendered":"http:\/\/www.gcmasia.co\/analysis\/en\/?p=21784"},"modified":"2017-09-15T02:37:04","modified_gmt":"2017-09-15T02:37:04","slug":"150917-daily-analysis","status":"publish","type":"post","link":"https:\/\/www.gcmasia.co\/analysis\/en\/information\/day\/150917-daily-analysis\/","title":{"rendered":"150917 Daily Analysis"},"content":{"rendered":"

15 September 2017\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Daily Analysis<\/strong><\/p>\n

Greenback on support, North Korea Fired Geopolitical Uncertainty.<\/strong><\/span><\/p>\n

The U.S. dollar index was traded at 92.03 against the other major currencies after an ease of 0.01%. A sharp increase in sterling to one-year highs amid rising expectations toward Bank of England\u2019s raising interest rates has offset the duo positive economic reports in U.S. which shown better-than-expected results, namely the inflation and initial claims jobless data. According to the Labor Department, there was a rose of 0.4% in Consumer Price Index (CPI) in the month of August, reflecting the greatest monthly gain in seven months. On the other hand, initial jobless claims was reported to be reduced by 14,000 to 284,000 against the forecasts of a 2,000 increase. Besides that, USD\/JPY down 0.20% to 110.05 after North Korea fired an intermediate range ballistic missile over Japan\u2019s northern Hokkaido Island and east of Pacific Ocean.<\/p>\n

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For the commodity market, crude oil price dropped 0.52% to $49.63 per barrel after an intermediate range ballistic missile test conducted by North Korea in response to current U.S. and its allies for pushing UN economic sanctions. Otherwise, gold prices traded steadily with a slight losses of 0.20% to $1330.50 amid dollar weakness. However, gains were limited due to positive market sentiment toward Federal Reserve to increase interest rate for the third time this year, based on an upbeat consumer price data that hit a 7-month high in August.<\/p>\n

\u00a0<\/u><\/strong><\/p>\n

Today\u2019s Holiday Market Close<\/u><\/p>\n

Time\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Market\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Event<\/strong><\/p>\n

N\/A<\/p>\n

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Today\u2019s Highlight Events<\/u><\/p>\n

Time\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Market\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Event<\/strong><\/p>\n

N\/A<\/p>\n

\u00a0<\/strong><\/p>\n

Today\u2019s Highlight Economy Data<\/u><\/p>\n\n\n\n\n\n\n\n\n\n
Time<\/strong><\/td>\nNation & Data<\/strong><\/td>\nPrevious<\/strong><\/td>\nForecast<\/strong><\/td>\nActual<\/strong><\/td>\n<\/tr>\n
20:30<\/td>\nUSD \u2013 Core Retail Sales (MoM) (Aug)<\/td>\n0.5%<\/td>\n0.5%<\/td>\n–<\/td>\n<\/tr>\n
20:30<\/td>\nUSD \u2013 NY Empire State Manufacturing Index (Sep)<\/td>\n25.20<\/td>\n19.00<\/td>\n–<\/td>\n<\/tr>\n
20:30<\/td>\nUSD \u2013 Retail Sales (MoM) (Aug)<\/td>\n0.6%<\/td>\n0.1%<\/td>\n–<\/td>\n<\/tr>\n
21:15<\/td>\nUSD \u2013 Industrial Production (MoM) (Aug)<\/td>\n0.2%<\/td>\n0.2%<\/td>\n–<\/td>\n<\/tr>\n
22:00<\/td>\nUSD \u2013 Michigan Consumer Sentiment (Sep)<\/td>\n96.8<\/td>\n95.2<\/td>\n–<\/td>\n<\/tr>\n
01:00<\/td>\nCrudeOIL \u2013 US Baker Hughes Oil Rig Count<\/td>\n756<\/td>\n–<\/td>\n–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/u><\/strong><\/p>\n


\n<\/u><\/strong><\/p>\n

GBPUSD<\/u><\/strong><\/p>\n

\"\"<\/p>\n

GBPUSD, Daily: <\/strong>GBPUSD was traded higher prior breaking above resistance level at 1.3085. The pair is currently testing the resistance level at 1.3410. Upward slope of MACD signal line suggests GBPUSD to trade higher if the breakout of the said resistance level is successful.<\/p>\n

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Resistance level: 1.3410, 1.3735<\/p>\n

Support level: 1.3085, 1.2685<\/p>\n

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\n<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

EURUSD<\/u><\/strong><\/p>\n

\"\"<\/p>\n

EURUSD, H4: <\/strong>EURUSD was traded higher prior its rebound from 200-MA line. Positive divergence as shown by MACD histogram suggests EURUSD to continue its momentum to move higher toward the resistance level at 1.1985.<\/p>\n

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Resistance level: 1.1985, 1.2070<\/p>\n

Support level: 1.1820, 1.1715<\/p>\n


\n<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

USDJPY<\/u><\/strong><\/p>\n

\"\"<\/p>\n

USDJPY, H1: <\/strong>USDJPY was traded higher prior its rebound from support level at 110.05. Formation of pin bar suggests the pair to move higher as a technical correction towards the resistance level at 110.90.<\/p>\n

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Resistance level: 110.90, 111.75<\/p>\n

Support level: 110.05, 109.00<\/p>\n


\n<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

CrudeOIL<\/u><\/strong><\/p>\n

\"\"<\/p>\n

Crude OIL, H4: <\/strong>Price of crude oil was traded lower prior its retracement from resistance level at 50.20. Formation of engulfing candlestick and downward slope of MACD histogram suggest the crude oil to extend its losses toward support level at 48.70.<\/p>\n

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Resistance level: 50.20, 52.00<\/p>\n

Support level: 48.70, 47.20<\/p>\n


\n<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

GOLD<\/u><\/strong><\/p>\n

\"\"<\/p>\n

GOLD, H4: <\/strong>Gold price was traded higher after breaking above resistance level at 1328.20. Formation of positive divergence as shown by MACD histogram suggests gold price to extend its gain toward the next resistance level at 1339.55.<\/p>\n

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Resistance level: 1339.55, 1357.40<\/p>\n

Support level: 1328.20, 1321.35<\/p>\n

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\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

15 September 2017\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Daily Analysis Greenback on support, North Korea Fired Geopolitical Uncertainty. The U.S. dollar index was traded at 92.03 against the other major currencies after an ease of 0.01%. A sharp increase in sterling to one-year highs amid rising expectations toward Bank of England\u2019s raising interest rates has offset the duo positive economic […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[13],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/posts\/21784"}],"collection":[{"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/comments?post=21784"}],"version-history":[{"count":0,"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/posts\/21784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/media?parent=21784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/categories?post=21784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gcmasia.co\/analysis\/en\/wp-json\/wp\/v2\/tags?post=21784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}