Nikkei rose for five consecutive days
Japanese stocks rose for the day five consecutive hinggi today, This is because expectations with an increase in US interest rates will raise the value of the dollar versus the yen. This will greatly benefit Japanese exporters’ shares.
Technically,
Resistance : 17097 17127 17163 High / Low : 17257 / 16984
Support : 17033 17013 16952 Closed Price : 17075
Comment : For today, suggest Buy 17127; stop and reversal when break level 17213; target reversal level 17163.
Aussie rose at the opening of the market today
AUD rose high on Wednesday. Yen ahead of the regional data that will be issued in June and Chinese manufacturing rose sharply, the AUD / USD traded at 0.7240 up 0.05% while USD / JPY is at 110.62 down 0.10%.
Technically,
Resistance: 0.7235 0.7236 0.7239 High / Low: 0.7265 / 0.7147
Support: 0.7225 0.7228 0.7229 Running Price: 0.7231
Comment: For today, suggest Sell at the level of 0.7271; stop loss level 0.7282; target level 0.7256.
Crude fell following the bearish comments from the minister of the United Arab Emirates
Crude oil fell slightly on Tuesday’s trading. This is caused because of bearish comments from the oil minister of the United Arab Emirates on the world oil trade.
Technically,
Resistance : 49.58 49.62 49.79 High / Low : 50.02 / 48.65
Support : 48.59 48.37 48.25 Running Price : 48.89
Comment : For today, suggest Sell 48.59; stop and reversal when break level 48.37 and target reversal level 48.50.
