JP Morgan

Yesterday the price of the share went down by 1.88%, and broke below a diagonal support line.

The trading volume with this decline were high, also the average of the RSI indicator is below his 50 line which can signal on a negative momentum.

For Forex traders:
Sell between the levels of : 62.10 – 62.00.
Stop loss point : 62.25.
Take profit point : 60.00.

For Binary options traders:
A put option between the levels of : 62.10 – 62.00.
Expiry time : June 17, the end of the trading day.

Rising prices in France

The CPI rose in May by 0.4%, versus an increase of 0.1% in April.
The data were just as the expectations of the economists.

UK unemployment figures are encouraging.
The country’s unemployment rate fell to 5%, the lowest level in more than a decade.

The UK claimant count change for May is below expectations with a reading of -0.4.
The forecast was of -0.1%.

The price of the oil is getting back his momentum, moves back above the price level of 48.00 dollar per barrel.

The price of the gold is trading this morning a slight increase of 0.1%, further of the sequence of five positive nautical , and now is trading around the price level of 1,289 dollar per ounce.

After a series of declines that lasted several days, the Asian stock markets trading is at a positive trend this morning.

A mixed trend at the opening of the trading day on Wall Street:
The Nasdaq rises and also the stocks of Apple and Yahoo.

The future contracts on the leading indices in Wall Street are signaling on a decline of 0.4% at the start of the trading day.

Alibaba shares are rising by 2% in pre trading due to talks with new investors.

The open conference market of the Central Bank will start today in Washington to discuss the economic situation and tomorrow the Bank should publish his monetary update.
In light of the weak macroeconomic data in recent times, and when the issue of England stays or not in the Euro zone is still on the agenda, the Bank is not expected to change its interest rate policy in the current convergence.