Financials

Financials

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Welcome to the most cutting-edge advanced trading tool in the industry, created by Nesdek Inc. This technology is fast, smart and makes market decisions in a split second, enabling you to make huge profits. The system’s algorithm is unique in its kind using real-time Market Data directly linked with the stockmarket, so you never miss any opportunity. The platform has a very use friendly interface and is secured with the latest technology.

The Nesdek App is the most cutting-edge advanced trading tool in the industry, created by Nesdek Inc. The Nesdek method enables you to make huge profits in a short period of time. The system’s algorithm is unique in its kind using real-time Market Data directly linked with the stock market, so you never miss any opportunity.

It takes just a few minutes to get started! Frist you need to fill out the registration form on the top of this page, giving you FREE access to the Nesdek App. Secondly you make your initial investment and your account will be automatically linked. All the work will be 100% done for you, you just need to click once to activate it. Afterwards you collect your winnings!

How much money will I need to get started?

You decide how much you are willing to invest. Your brokers’ account has a minimum requirement of only $250. That is enough to get you started and make your first profit.
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I have no trading experience. Can I use the Nesdek App?

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How fast will I make my first profit?

After spending minutes setting up your account, you are ready to start trading. You could see the first profits deposited into your account within minutes. The program instantly focuses on the best opportunities in markets around the world, places a trade for you, the only thing you have to do is collect your profit.

GOLD

Spot gold surged to its highest in four weeks, printing $1,287.13 a troy ounce mid US session, to settle around $1.283.20 at the end of the day. Reduced hopes of a FED rate hike this week, alongside with revived Chinese growth fears and the Brexit referendum looming, created the perfect background for a gold rally, on demand due to its safehaven condition. The bright metal is expected to resume its previous bullish trend, and an onhold stance from the US Central Bank will likely see it breaking through 1,303.00, this year high, en route to the 1,500 level. Technically, the daily chart presents a strong upward potential, given that the technical indicators head strongly higher near overbought territory, whilst the price keeps advancing far above its moving averages. In the shorter term, the 4 hours chart shows that the technical indicators have turned lower within overbought territory, with the RSI indicator mostly consolidating around 73, suggesting that any downward move will be merely corrective. In this last time frame, the 20 SMA heads strongly higher around 1,271.20, providing a strong support in the case of such downward correction.

Support levels: 1,217.20 1,263.80 1,256.65

Resistance levels:1,287.10 1,296.65 1,303.65
GOLD

WTI CRUDE

Crude oil prices closed the day pretty much unchanged, with West Texas Intermediate futures around $48.80 a barrel. The commodity fell at the beginning of the day, but a weaker greenback during US trading hours limited the slide to 48.18, from where it later bounced. There were not much news affecting the commodity, although the OPEC reported that its production fell by 100,000 barrels per day in May led by output declines in Nigeria. Speculative interest is now sidelined after profiting for the latest run beyond $50.00 a barrel, ahead of the major events to take place this week and the next, which include three major Central Banks announcing their latest economic policy decisions. The daily chart shows that an early attempt to advance met selling interest around a horizontal 20 SMA, at 49.25, whilst in the same chart, the technical indicators hold flat within neutral territory. In the 4 hours chart, the risk remains towards the downside, as the 20 SMA heads sharply lower above the current level, whilst the technical indicators are resuming their declines within bearish territory, after correcting oversold readings.

Support levels:48.20 47.50 46.75

Resistance levels: 49.25 50.20 50.90

EUR/USD

Risk aversion dominated the first half of the day, although sentiment improved after Wall Street’s opening, with US stocks and oil rising. The risk off environment weighed on Asian and European equities and safe havens gold and Japanese yen extended their gains. The American dollar extended its rally against its European rivals and the EUR/USD pair traded as low as 1.1231, but later bounced up to 1.1302, being unable to settle above the critical figure. The lack of macroeconomic releases, added to the upcoming risk events later this week, keeping most major pairs within limited intraday ranges.The EUR/USD pair holds near the mentioned 1.1300 level, but is overall looking bearish, as in the 4 hours chart, the rally stalled right below a sharply bearish 20 SMA, whilst the technical indicators have corrected oversold readings reached earlier in the day, before turning flat within bearish territory. The EU will release its April´s production data this Tuesday, while in the US it will be the turn of Retail Sales, which may bring some action to the pair, although the most likely scenario is that investors remain in cautious mode ahead of the FED’s announcement next Wednesday. Should the pair settle above 1.1295, the 38.2% retracement of the May’s decline, the downside risk will be limited, with scope then to advance up to 1.1385.

Support levels:1.1250 1.1215 1.1170

Resistance levels: 1.1295 1.1340 1.1385
EUR/USD

GBP/USD

Much of the ongoing risk aversion across the FX board is being blamed on the Pound, and the upcoming Brexit referendum. New polls released this Monday showed that the “leave” vote is ahead of the “remain” resulting in the GBP/USD plummeting to 1.4114 against the greenback during the London session, from where it jumped up to 1.4327, only to close the day around the 1.4200. As mentioned before, these wild intraday moves are likely to become the new normal until June 23rd, although the downside remains favored. The UK will release its PPI and CPI data this Tuesday, generally expected to have improved from their previous readings. If the data misses, the pair could test the 1.4000 figure. As for the intraday technical picture, the 1 hour chart shows that the price is now a few pips above its 20 SMA, whilst the technical indicators have turned sharply lower within positive territory, and are about to cross their midlines towards the downside. In the 4 hours chart, the technical indicators have also turned strongly lower, but within negative territory and after correcting extreme oversold readings, also supporting some further declines for this Tuesday.

Support levels: 1.4190 1.4150 1.4115

Resistance levels: 1.4250 1.4290 1.4330
GBP/USD

USD/JPY

The USD/JPY pair plummeted to 105.71, its lowest in over a month, fueled by safehavens’ demand as local share markets lost over 3.5% this Monday. The pair however, trimmed part of its daily losses at the beginning of the US session, recovering up to 106.57, where selling interest resurged. Now holding a few pips above the 106.00 figure, the pair will likely continue under selling pressure, although with the FED and the BOJ scheduled to have their economic policy meetings this week, large movements shouldn’t be expected. Short term, the 1 hour chart shows that the Momentum indicator recovered above its 100 level, but also that the price is below its 100 SMA, currently around 106.70, whist the RSI indicator turned south below its midlines, favoring some additional declines for this Tuesday, particularly on a break below 105.90, the immediate support. In the 4 hours chart, technical indicators are turning modestly lower within bearish territory, whilst the price remains far below its moving averages, in line with the shorter term outlook.

Support levels: 105.90 105.50 105.00

Resistance levels: 106.20 106.60 106.00

DAX

European equities were dragged lower by the negative tone of Asian shares, with the German DAX down 1.80% to close at 9,657.44. The banking sector suffered the most, with Deutsche AG shedding 3.46% and Commerzbank ending the day 3.45% lower. Automakers also declined, with Volkswagen and Daimler shedding roughly 3%. The index broke through the critical 9,730 region, with the technical bias now having shifted lower. In the daily chart, the technical indicators head strongly south after crossing their midlines towards the downside, whilst the index is now well below its 100 DMA. In the 4 hours chart, it’s clear that approaches to the mentioned level have attracted selling interest, whilst the 20 SMA turned sharply lower and crossed below the 100 and 200 SMAs, far above the current level. In this last time frame, the technical indicators are giving signs of downward exhaustion near oversold territory, rather reflecting the lack of volume at this time of the day than suggesting the index may bounce this Tuesday.

Support levels: 9,597 9,520 9,463

Resistance levels: 9,664 9,730 9,810

DAX

DOW JONES

Wall Street extended its decline at the beginning of the week, with the DJIA ending at 17,732.48, down by 132 points, and the SandP shedding 0.81%, to end at 2,079.06. The Nasdaq composite also closed in the red at 4,848.44, down by 46 points. All of the three major indexes closed near their daily lows, with the tech sector leading the decline. Microsoft lost 2.6% after announcing it would buy LinkedIn for $26.2 billion in its biggestever deal. The daily chart shows that the index was unable to advance above its 20 DMA, now capping the upside around 17,821, while the technical indicators head south below their midlines, pointing for a continued slide particularly on a break below 17,666, this month low. In the 4 hours chart, the index fell below all of its moving averages, while the technical indicators have resumed their declines and reached fresh lows near oversold territory, after a failed attempt to recover, pointing for a continued decline during the upcoming sessions.

Support levels: 17,666 17,582 17,517

Resistance levels: 17,776 17,843 17,922

FTSE 100

The FTSE 100 ended the day at 6,044.97, down by 1.16%, weighed by newly released Brexit polls, showing that the leave campaign has taken the lead. The index fell to its lowest in three months, paring losses a handful of points above the critical 6,000 level. All sectors closed in the red, with Lloyds Bank leading the decline, down 4.2%. Fresnillo was the top performer, up 1.5% as gold prices soared towards their year highs. The Footsie is clearly bearish in its daily chart, as it has extended well below its moving averages, with selling interest surging on approaches to the 100 DMA, currently at 6,115. In the same time frame, the technical indicators maintain their bearish slopes within bearish territory, whilst in the 4 hours chart, the 20 SMA has turned sharply lower far above the current level, and the technical indicators consolidate within oversold territory, also favoring a continued decline for the upcoming sessions.

Support levels: 5,994 5,922 5,868

Resistance levels:6,052 6,113 6,172

Risk Warning: All Forex and CFD trading involves significant risk to your capital. It is possible to lose more than the amount deposited. These products may not be suitable for everyone. You should ensure you understand all of the risks and seek independent advice if necessary. Risk Warning & Disclaimer

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