JP MORGAN

On a weekly chart we can see that the stock has reached last week to a diagonal resistance line which faced down.

On a daily chart, last Friday, the stock went down with by 1.79% with a gap down, and was closed at a price level of 64.61 when the trading volume was high.
Also, there is a bearish divergence which is already underway.

For Forex traders:
Sell between the levels of : 65.00 – 64.50.
Stop loss point : 65.20.
Take profit point : 62.00.

For Binary options traders:
A put option between the levels of : 65.00 – 64.50.
Expiry time : June 10.

Steady opening of the new trading week is expected on Wall Street stock exchanges.
The futures contracts on the leading indices traded near the baseline levels.

The factory Orders data in Germany recorded a sharp decline of 2% in April, while the analysts forecast was a decline of only 0.4%.

The disappointing employment report released last Friday on the USA continues to affect the markets around the world with the opening of the new trading week.
The US dollar weakened against most major currencies in Asia.
The trading on Asian stock markets is conducted this morning with declines.
Later in the day, the Fed Chairman Janet Yellen will speak at an economic conference in Philadelphia and investors will try to figure out to where the wind blows when it comes to the question of the interest rate.

Price declines were recorded at the end of trading day (Friday) on Wall Street after the publication of hard data on the US labor market.
The monthly employment report pointed of an addition of 38 thousand jobs in May alone, when expectations were to 159 thousand new jobs, after the 160 thousand jobs which were recorded in April.

The estimates now is that the employment report seals the US rate increases for the near future.
Despite the desire of the US central bank who thought that a better employment situation will help him to raise the interest rates this month, now and after the last data he will would find it difficult to do so.

In response to the employment report, the price of the gold prices rose last Friday by 2.5%, the sharpest daily gain of the precious metal for 11 weeks.
The gold ended the week at a price level of 1244.44 dollar per ounce.

The US ADP employment data for May: 173K vs expectations to 174K.

ECB leaves the main interest rate unchanged at 0.0%.

Yahoo

The price of the stock went down yesterday by 3.40% with high trading volume,
after it reaching to a resistance level of 38.00.
With the decline yesterday, the average of the RSI crossed down his 50 level.

For Forex traders:
Sell between the levels of : 36.60 – 36.50.
Stop loss point : 36.70.
Take profit point : 34.75.

For Binary options traders:
A put option between the levels of : 36.60 – 36.50.
Expiry time : June 2.

UK construction PMI data for May: 51.2 points vs expectation of 52.0 points.

The Central Bank in Europe will publish today his interest rate decision and monetary policy.
The market doesn’t anticipating any changes in the policy or a further reduction in interest rates.