Icon close
  • Tenga en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso está permitido por ley. STARTRADER y sus entidades afiliadas no están establecidas ni operan en su jurisdicción de origen. Al invertir a través de este sitio web, es importante comprender que no está regulado por la Comisión Nacional del Mercado de Valores (CNMV) y usted no tendrá las protecciones que brinda la CNMV.

    Si decide continuar y visitar este sitio web, reconoce y confirma lo siguiente:

    1. STARTRADER no tiene sede en España ni licencia de la CNMV.
    2. Usted accede al sitio web por iniciativa propia y STARTRADER no se lo ha solicitado de ninguna manera.
    3. Desea obtener información de este sitio web, que se proporciona mediante solicitud inversa de acuerdo con las leyes de su jurisdicción de origen.
    4. Invertir a través de esta web no te otorga las protecciones previstas por la CNMV.
    5. Si decide invertir a través de este sitio web o con cualquiera de las entidades de STARTRADER, estará sujeto a las normas y regulaciones de las autoridades reguladoras internacionales pertinentes, no a la CNMV.

    STARTRADER quiere dejar claro que se encuentra debidamente licenciado y autorizado para ofrecer los servicios y productos financieros derivados enumerados en el sitio web. Las personas que acceden a este sitio web y registran una cuenta comercial lo hacen por su propia voluntad y sin solicitud previa.

    Al confirmar su decisión de continuar e ingresar al sitio web, por la presente afirma que esta decisión fue iniciada únicamente por usted y que ninguna entidad de STARTRADER ha realizado ninguna solicitud.

  • Si prega di notare che il sito web è destinato a individui residenti in giurisdizioni dove l'accesso è permesso dalla legge. STARTRADER e le sue entità affiliate non sono né stabilite né operanti nella vostra giurisdizione di residenza. Quando si investe tramite questo sito web, è importante comprendere che non è regolamentato dalla Commissione Nazionale per le Società e la Borsa (CONSOB), e non si avranno le protezioni offerte dalla CONSOB.

    Se si sceglie di procedere e visitare questo sito web, si riconosce e si conferma quanto segue:

    1. STARTRADER non ha sede in Italia né è autorizzata dalla CONSOB.
    2. Si sta accedendo al sito web di propria iniziativa e non si è stati sollecitati in alcun modo da STARTRADER.
    3. Si desidera ottenere informazioni da questo sito web, che sono fornite su base di sollecitazione inversa in conformità con le leggi della propria giurisdizione di residenza.
    4. Investire tramite questo sito web non concede le protezioni fornite dalla CONSOB.
    5. Se si sceglie di investire tramite questo sito web o con una qualsiasi delle entità STARTRADER, si sarà soggetti alle regole e ai regolamenti delle relative autorità di regolamentazione internazionali, non alla CONSOB.

    STARTRADER desidera chiarire che è debitamente autorizzata e abilitata ad offrire i servizi e i prodotti derivati finanziari elencati sul sito web. Gli individui che accedono a questo sito web e registrano un conto di trading lo fanno completamente di loro iniziativa e senza sollecitazioni precedenti.

    Confermando la vostra decisione di procedere ed entrare nel sito web, affermate che questa decisione è stata iniziata esclusivamente da voi, e che non è stata fatta alcuna sollecitazione da parte di alcuna entità STARTRADER.

  • Thank you for visiting our website. Please note that our platform is intended solely for individuals residing in jurisdictions where the distribution and use of such information are legally permitted. STARTRADER and its affiliates do not engage in business activities in jurisdictions where such practices are restricted or prohibited by law.

    By selecting "Acknowledge" you confirm that your access to this site is entirely self-initiated and not a result of any promotional activities conducted by STARTRADER. You are seeking information based on your own initiative, in accordance with the principles of reverse solicitation as applicable under the laws of your jurisdiction.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

5 October

OPEC+ is considering its biggest production cut since 2020 as it tries to stabilize oil prices, a move that risks cranking up tensions with Washington. The group is set to discuss a cut to its production limits of as much as 2 million barrels a day, using current baselines, delegates said. Still, in reality the move will have a smaller impact on global supply as several countries are already pumping below their quotas. They may also discuss smaller cuts of 1 million to 1.5 million barrels a day, delegates said. 

U.S. Dollar Index (USDX)

The dollar steadied on Wednesday after a sharp rate rise in New Zealand poured cold water over hopes for a pause or slowdown in the U.S. Federal Reserve’s intentions for aggressive hikes.

The dollar index was down about 4% since hitting a record high of 114.78 last week, steadied at 110.30.

Technically, the index remains positive on both the daily and hourly charts after the correction. The hourly chart is bouncing after the correction that hit 111.00. Meanwhile, the daily chart shows strong resistance below 112.30. On the other hand, technical indicators show a possible continuation of the uptrend on MACD figures and a horizontal trend signal on the RSI on the daily chart.

The index remains positive as long as it is trading above 109.25, otherwise, in the case of breaking below this level it is expected to change direction. On the other hand, the hourly chart shows a continuation to the downtrend. The index is seen heading to 109.90 based on the current readings.

Pivot Point: 110.50

SUPPORTRESISTANCE
109.90110.90
109.50111.30
109.25111.70

Euro (EURUSD)

Euro zone government bond yields edged higher but stayed significantly below their multi-year highs as concerns about systemic risk and economic slowdown drove investors to lower bets on terminal rates.

Lingering hopes of a less aggressive monetary policy stance are likely to fade if inflation keeps surprising on the upside and the economy shows some strength. Meanwhile, Germany’s 10-year yield, the benchmark of the bloc, rose 3 basis points (bps) to 1.92%. It reached its highest since end-November 2011 on Tuesday last week at 2.35%.

Technically, EURUSD was down 0.45% at $0.9938 while it remains negative on the daily chart as long as it trades below the parity levels.

Pivot Point: 0.9945

SUPPORTRESISTANCE
0.98750.9975
0.98401.0000
0.97501.0030

Spot Gold (XAUUSD)

Gold came under renewed bearish pressure and declined toward $1,710 during the European trading hours on Wednesday. The benchmark 10-year US Treasury bond yield is up more than 2% on the day, forcing XAU/USD to stretch lower ahead of US data.

Gold price took advantage of the upside break of the falling trendline resistance at the start of the week and extended its upsurge beyond $1,700. However, the bearish 50-Daily Moving Average at $1,724 played a spoilsport and tempered its rally.

The pullback in the bullion appears temporary, as the technical setup continues to favour bulls. A sustained break above the 50 DMA is needed to challenge the September highs at $1,735, above which the $1,750 psychological level will come into play.

On the downside, the previous critical resistance now is a support at $1,700 could offer temporary reprieve to buyers, below which the previous day’s low of $1,695 could be revisited. However, the support at $1,680 will be the last line of defence for gold bulls.

Pivot Point: 1,710

SUPPORTRESISTANCE
1,6951,720
1,6901,730
1,6851,740

West Texas Crude (USOUSD)

Oil rose by nearly $3 a barrel on Tuesday on expectations of a large cut in crude output from the OPEC+ producer group and as a weaker U.S. dollar made oil purchases less expensive.

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, look set to cut output when they meet on Wednesday. The move would squeeze supply in an oil market that energy company executives and analysts say is already tight due to healthy demand, a lack of investment, and supply problems. Meanwhile, Brent crude settled at $91.80 a barrel, up 3.3%, and WTI crude closed 3.5% higher at $86.52 a barrel.

Pivot Point: 85.40

SUPPORTRESISTANCE
83.7086.30
81.8087.40
79.9089.30

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service