Market and
partners news

Uncategorized
Analysis of financial markets

Analysis of financial markets

20 January 2023

After the recession at the beginning of the year, capital markets gained a great speed of movement. Gold is up, oil is trying to get more expensive, bitcoin got out of the “sideways”, and the dollar index is still in a knockout.

ES (S&P 500)

The last value is 4011. The market has developed a wave of increase, there is a chance to advance to 4020, from where sales can begin to 3860.

PA (Palladium)

The last value is 1744. Consolidation in the broad “sideways” of 1695-1825 remains in force.

GC (Gold)

The last value is 1915. The growth goal has been realized, there is a chance to continue purchases until 1945 after the correction.

CL (WTI Oil)

The last value is 80.32. The scenario with a decline is temporarily canceled, the growth may last up to 81.50, but the “bears” are not asleep.

NG (Gas)

The last value is 3,761. A decrease to 3,500.

KC (Coffee)

The last value is 151.50. A small rebound does not change the global picture with the probability of a decline to 143-145.00.

USD/RUB

The last value is 68.66. Plans for consolidation within 69-72 remain in force.

BTC

The last value is 21340. The intermediate growth goal has been realized, there is a chance of passing to 22500.

HG (Copper)

The last value is 4.1590. After a successful attack on 4,000, the market did not stop and went higher, but ahead there is a correction to 4,050.

ZB (Futures for 30-year bonds) 

The last value is 129.07. There is still a chance of growth to 132.00.

DX (Dollar Index)

The last value is 101.87. The target of falling to 101.50 is practically realized, DX may be lower, about 100.00.

20 January 2023
The Government of Dubai has approved a master plan for the development of public beaches

Dubai authorities intend to increase the number of city beaches by five times...

Turkey. Rental rates are not growing anymore

The Turkish authorities are taking all necessary measures to protect the citi...

Pros and cons of buying a home in Turkey

At the beginning of 2023, the General Directorate of the Land Cadastre of Tur...

Bahrain may introduce corporate income tax 

For a long time, Bahrain was rightfully considered the most important offshor...