Capstone Online CFD Trading Review: New Year's Day holiday is coming but the market is surging


2019-12-31 11:05      from:CAPSTONE    author:Jack

Capstone Online CFD Trading Review of yesterdayOn Monday, gold and silver continued to rise, and the market was temporarily relieved of the "confusion of the cross star". Spot gold once broke through the $ 1515 / ounce mark. Spot silver's rise was not very obvious, but it was also approaching the $ 18 mark. In the oil market, the crude oil market rose first and then fell due to the obvious dual factors of an increase in the Middle East risk premium and a slowdown in global economic data. Brent crude oil once returned to its highest level since the attack on the Saudi crude oil facility in September, and WTI crude oil once rose above the $ 62 mark. However, after the opening of the US stock market, the two oils turned from ups and downs, and cloth oil once fell to the $ 66 mark. In addition, the February main oil contract expired on Monday, resulting in higher-than-usual price fluctuations.
In currency markets, the US dollar index continued to weaken, falling below the 97 mark and closing at 96.78. European currencies continued to glow, the pound against the dollar, and the euro continued to rise against the dollar.
Capstone Online CFD Trading Today's analysis:

Capstone Online CFD Trading Review
 (Europe and the United States M30)
Europe and America:
Today is the last day of 2019, the New Year's Day holiday is about to begin, and today Germany, South Korea, Italy and Japan and other markets are closed. Signs of an improvement in the euro area economy have boosted the euro in recent weeks. European Central Bank Executive Committee member Isabel Schnabel said she wanted more precise inflation targets and asked German officials to better understand the central bank's practices. The upper pressure levels are 1.1208, 1.1230, 1.1285, and the lower support levels are 1.1195, 1.1155. Above the support level, the dips are long and the line selection is the main operation.
EUR / USD trading strategy:
Strategy 1: Go long and go long (13 points)
Entry: 1.1208 Stop Loss: 1.1195 Take Profit: 1.1221
Strategy 2: Go short (13 points)
Entry: 1.1195 Stop Loss: 1.1208 Take Profit: 1.1182
In terms of gold:
Gold continued its upward trend on Monday, after receiving the Doji Star, and then received a small Yang Xian, the overall willingness to do more obvious, is now firmly above the 1510 mark. From the short-term 4 hours point of view, the gold price fluctuated between 1445-1478.78 for a long time. However, with the bulls accumulating upside, they have recently broken the box. After the break, the bulls started to accelerate the upward trend. At present, they have reached the high-dense trading area in the early stage. The long and short sides have again stalemate here, but gold has emerged from a clear upward pattern, and the overall trend is upward, and the short-term or shock, but the overall The upward trend remains unchanged. During the day, the upper pressure levels are 1520, 1535, and the lower support levels are 1510, 1502, 1488.
Capstone Online CFD Trading Focus on the data today:
U.S. October FHFA house price index monthly rate
U.S. December Advisory Council Consumer Confidence Index
Some markets are closed ahead of New Year's Eve
[Capstone Online CFD Trading Disclaimer]:
This analysis and trading strategy is an objective description of the current market trend. Investors need to strictly follow the trend, light positions, and stop losses! Orders cannot be completely based on trading strategies, only for reference!

Why Choose Capstone Online CFD Trading?
* EURUSD Avg spread of 0.1 pips is the best in the world
* Starting Deposit $100
* Leverage up to 1:400
* Transfer your funds securely with 0% Commission
* Average execution speeds of under 45ms*
* Our diverse and proprietary liquidity mix keeps spreads tight 24/5


Got a Question? Contact us now

Liquidity providers:

  • Morgan Stanley
  • Nomura Holdings
  • RBC Royal Bank
  • Royal Bank of Scotland
  • Société Générale
  • UBS
  • Bank of America
  • Barclays
  • BNP Paribas
  • Citadel
  • Citibank
  • Commerzbank
  • Credit Suisse
  • Deutsche Bank
  • Goldman Sachs
  • JPMorgan Chase & Co.
  • KCG
  • Macquarie Group

Capstone forex facebook Capstone forex twitter Capstone forex instagram Capstone forex linkedIn Capstone forex Youtube

Margin FX and CFDs are leveraged products that can result in losses exceeding your initial deposit.They are not suitable for everyone,please make sure that you fully understand the risks involved.

Before you open an account and make a deposit with Capstone,please ensure to look through our legal documents, and based on your personal financial situation, confirm if you have fully understand the risks involved in FX trading.

The information on this site is not directed at residents of the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Canada, Cuba, Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda, Yemen or any particular country outside Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law and regulation.

There are business partners:fund custodian Banks,liquidity providers – Banks,ECNs, etc.,trading and technical support companies,market news and data providers,etc.,who establish cooperation relations with Capstone through the website directly or indirectly.Among them,all these trading names and icons of the cooperative merchants are owned by themselves and have nothing to do with Capstone.

Capstone Global is a group of companies which include Capstone Global Australis Pty Ltd, an ASIC regulated provider of CFD and Forex trading services (ABN 95 612 024 889, AFS License No. 494799) and Capstone Global Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 119 LLC 2019. Capstone Global does not accept applications from residents of countries or jurisdictions where such distribution or use would be contrary to local laws or regulations.

Copyright © 2020 Capstone. All rights reserved.

CAPSTONE FOREX GLOBAL | Forex Trading | Sitemap