Best Forms Passive Income



Best Forms Passive Income

 

Flow Centre Passive Income

Burnout Recovery

 

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Also the wealth classic ‘Think and Grow Rich’

 

Best Forms Passive Income

 

 

 

 

 

 

 

 

 

Best Forms Passive Income DAILY MARKET REPORT
October 3rd 2016

EUR/USD EUR / USD

main-market-movers-of-the-day

The EUR/USD pair closed the week as it opened it, a handful of pips above the 1.1200 figure. Confined to a 200 pips range for a fifth consecutive week, frustrated traders are unable to find a catalyst, after Central Banks moved to the sidelines. Both economies have ended the third quarter with quite a similar macroeconomic scenario  in where tepid growth and poor inflation outstand.  And while ECB’s Mario Draghi keeps stating that the QE program is working, and seems confident with the future, FED’s officers continue to pave the way for a December hike. At this point, speculators are not relying on macro releases to try to anticipate Central Banks, probably the main reason why the pair trades range bound. This situation can come to an end any time, but is practically impossible to anticipate when. For the week ahead, attention will center in ECB’s Minutes, and in the US, the focus will be in the jobs report and September ISM indices.

From a technical point of view, the pair has been developing within a large triangle, but is steadily approaching to the vertex, which will end up invaliding the figure.  The daily descendant trend line that has been containing the upside ever since the price reached 1.1615 last May, stands this week around in the 1.1250/60 region, but considering the multiple intraday highs around 1.1280, this last remains as the level to surpass to confirm a more constructive outlook. The base of the range, around 1.1120, is the main support and the line in the sand for bulls. Technical indicators in the daily chart remain stuck around their mid-lines, although the RSI aims modestly higher above its 50 line. In the same chart, the price has settled above horizontal moving averages, all of which favors the upside. Shorter term, the 4 hours chart presents a similar picture, with the price a few pips above directionless moving averages, whilst indicators hold in neutral-to-positive territory, but without directional momentum.

Support levels: 1.1190 1.1160 1.1120

Resistance levels: 1.1280 1.1335 1.1354

Best Forms Passive Income

Best Forms Passive Income

 

USD/JPY Best Forms Passive Income

The USD/JPY pair closed marginally higher, but not far from the critical 100.00 figure, at 101.40. Price action around the Japanese currency was driven mostly by risk sentiment, although risk aversion, triggered by banking woes, late Thursday early Friday, was not enough to push the price below 100.65, a major Fibonacci support. As concerns over the banking sector eased, the pair managed to recover ground at the last trading session of the week, but the risk of a bearish breakout persists with the pair being steadily rejected on advances towards its 100 DMA since mid May. In the news, Japan released its National inflation figures last Friday, showing that BOJ’s massive stimulus program is doing little in the matter, as core National CPI, contracted by 0.5% in August, against expectations of a 0.4% decline. Japan will release its September PMIs this week, although the pair will likely continue trading on risk-related sentiment, while maintaining the range ahead of US employment figures, to be released next Friday. Daily basis, the pair has closed up for most of the last week, yet the Momentum indicator remains flat within negative territory, the 100 DMA caps the upside around 102.75, whist the RSI indicator is losing upward strength around 48, all of which maintains the risk towards the downside. In the 4 hours chart, the price is below its moving averages that anyway are flat, while indicators have turned horizontal within positive territory, indicating that the pair needs to break below 100.65 to gain bearish strength.

Support levels: 101.00 100.65 100.35

Resistance levels: 101.85 102.30 102.75

Best Forms Passive Income

Best Forms Passive Income

 

GBP/USD Best Forms Passive Income

The GBP/USD pair closed the week unchanged, and below the 1.3000 mark, in spite of some encouraging macroeconomic releases. Consumer and business sentiment improved in September while Q2 GDP was revised slightly higher in the quarter to 0.7% from previous 0.6%. The current account deficit widened in Q2, but for less than expected, printing £-28.684B. For the upcoming week, the most relevant macroeconomic releases will be the September PMIs and the NIESR GDP estimate for Q3. In the meantime, the pair may seesaw sharply at the weekly opening, as UK PM, Theresa May, announced over the weekend that she will introduce a “Great Repeal Bill” in the next Queen’s Speech, which will take place by the end of March 2017, to overturn the act that brought the UK into the European Union. Daily basis, technical readings favor a continued decline, as the price has remained below a bearish 20 SMA for a second consecutive week, while technical indicators have turned lower within negative territory, although with limited downward momentum. In the shorter term, and according to the 4 hours chart, the pair resents a neutral-to-bearish stance, with the price below a horizontals 20 SMA, this last around 1.3000, the Momentum indicator hovering around its 100 line and the RSI indicator heading lower around 43.

Support levels: 1.2910 1.2870 1.2830

Resistance levels: 1.3000 1.3040 1.3075

Best Forms Passive Income

Best Forms Passive Income

 

AUD/USD Best Forms Passive Income

The AUD/USD pair closed higher for a second consecutive week, although still unable to settle above the 0.7700 figure, and with selling interest around this last being quite strong. The pair seems to have found a comfort zone within 0.7450 and 0.7700, generally holding on the upper half of the range. Last Friday, the pair fell briefly below the 0.7600 figure, as risk aversion dominate the scene, but managed to recover quickly from the Fibonacci support. This upcoming week is the Golden week in China, which means trading volume during Asian hours will be limited. The daily chart keeps favoring an upward continuation, as the price is well above its 20 SMA, while the Momentum indicator consolidates well above its 100 level and the RSI indicator heads north around 56. In the shorter term,  the 4 hours chart presents a limited upward potential, as the price is unable to clearly extend above its 20 SMA, while technical indicators have lost upward momentum around their mid-lines, and are slowly turning south. Nevertheless, only a clear break below the 0.7600 level will signal a downward extension for this Monday.

Support levels: 0.7600 0.7565 0.7630

Resistance levels: 0.7695 0.7735 0.7770

Best Forms Passive Income

Best Forms Passive Income

 

GBP/CAD Best Forms Passive Income

The GBP/CAD cross edged lower for a third consecutive week, down by the end of last week on Canadian dollar’s strength, this last fueled by a sharp recovery in oil prices, following OPEC’s announcement of an agreement on an output cap.  The commodity closed at its highest for the month, despite that the  US Baker Hughes report showed that us active oil rigs rose by seven to 425 this week, while the gas rig count surged by four to 96. US oil drilling rigs rose this last quarter by the largest amount in two years, according to the report. Pound’s self weakness on Brexit woes also supported the bearish case in the cross. Technically, the daily chart favors a bearish extension, as the price is well below a bearish 20 SMA, while technical indicators have extended their declines within negative territory, maintaining strong downward slopes. In the 4 hours chart, the  20 SMA caps the upside around 1.7085, while technical indicators also head south within bearish territory, in line with the longer term outlook.

Support levels: 1.6975 1.6920 1.6850

Resistance levels: 1.7085 1.7130 1.7190

Best Forms Passive Income

Best Forms Passive Income

 

Dow Jones Best Forms Passive Income

Wall Street ended higher last Friday, with the Dow Jones Industrial Average adding 164 points on the day to close at 18,308.15. The Nasdaq Composite and the S&P also edged higher, up 0.81% and 0.80% respectively, as the banking sector recovered from Thursday’s slump. US indexes closed the month barely changed, but logging the best quarterly close for the year. Also helping the benchmarks were higher oil prices that backed an advance in energy-related shares. Shares of JPMorgan Chase closed 1.43% higher, while Goldman Sachs Group closed 1.46% up. Only one of the thirty components closed down, Verizon Communications that lost 0.27%. Technically, the daily chart presents a limited upward potential, as technical indicators aim higher from their mid-lines, whilst the index has settled above its 100 and 20 DMAs, both quite close to the current level and with the shortest still heading lower. In the 4 hours chart, the index faltered around its 200 SMA, but is now above the 20 and 100 SMAs, while technical indicators have turned lower within positive territory, indicating that the index needs to extend beyond 18,373, Friday’s high, to be able to extend its advance this Monday.

Support levels: 18,235 18,162 18,110

Resistance levels: 18,319 18,373 18,440

Best Forms Passive Income

Best Forms Passive Income

 

FTSE Best Forms Passive Income

The FTSE 100 was unable to maintain the positive tone last Friday, ending the day 20 points lower at 6,899.33, trimming most of its losses, however, as shares of Deutsche Bank edged sharply higher after plunging to record lows in early trading. Within the Footsie, mining and energy-related shares closed mostly in the red, pulling back after Thursday’s gains. Among the worst performers were Rio Tinto, down 2.26%, Glencore that lost 1.71%, and Royal Dutch Shell that shed 1.24%. The daily chart for the index shows that it managed to bounce after testing its 20 DMA at 6,815, while technical indicators hold within positive territory, although without directional strength. In the 4 hours chart, technical readings support some additional gains, given that the price has also come back sharply after testing its 100 SMA, while settling above the 20 SMA and with technical indicators holding well into positive territory. Las week high of 6,948 is the immediate resistance and the level to surpass to confirm further gains.

Support levels: 6,865 6,810 6,765

Resistance levels: 6,948 6,985 7,038

Best Forms Passive Income

Best Forms Passive Income

 

Gold Best Forms Passive Income

Spot gold closed September marginally higher around $1,317.42 a troy ounce, down 1.7% last week. The commodity enjoyed limited demand on risk aversion triggered by European banking woes, but quickly fell after fears eased, signaling an increasing buying fatigue among speculators, which increases the risk of a bearish breakout during the upcoming days, particularly if the greenback regains its charm with the release of positive employment data. The commodity has been steadily posting lower lows and lower highs last week and on Friday, and it has extended its decline below the 20 and 100 DMAs, both around 1,325.15, while the RSI indicator resumed its decline and now heads south around 42, all of which favor a bearish extension. In the shorter term, the 4 hours chart shows that the 20 SMA has accelerated its decline above the current level, and maintains its bearish slope after crossing below the 100 and 200 SMAs, also indicating an increasing bearish potential. In this last time frame, technical indicators have bounced modestly within bearish territory, but is far from enough to confirm a floor.

Support levels: 1,317.90 1,308.00 1,299.50

Resistance levels: 1,327.80 1,333.50 1,346.20

Best Forms Passive Income

Best Forms Passive Income

 

 

Why The Wellness Clarinet LTD –

 

Branding by Association and Wow!
Committed to helping people achieve their burning intention and critical net worth (CNW), with passion warmth focus and adventure. Luckily with a well established group of successful companies contributing to the process.

 

David Jean-Baptiste: Executive Chairman and inventor of Flow Centre, a successful clarinettist, saxophonist, trader, a published author, and entrepreneurial creative thinker. With endorsements as an artist from Henri Selmer Paris  and d’Addario

 

 

Time v Income Reality Check

How much income do you earn per hour of work?
How many hours do you work on business that are currently non-income producing?
Where do you have time-leaks?
What impact are they having on your life?
Can you leverage the time that you work?

 

 

Open to Change Check

What would your ideal scenario be?
What hours would you like to work?
What income would you like to produce?
Do you prefer one good income stream with potential for growth, or do you prefer a few different income streams?
How closely does your current income stream, hours of work, and type of work correlate to this ideal?

 

 

Three Steps to Get Started Now!

1. Get clear, utilize your power of focus and act through your own self knowledge.
2. Get the tools, a workable plan, and include the services of a coach or a consultant. Non-action will cost you. How much?
3. Understand your own pain verses pleasure continuum. People will do more to move away from pain than they will do to move towards pleasure.
Get clear on your vision and mission. Your vision being what you desire at a level of your identity, and mission being why you want it.
What is money? Money is perceived value of something, plus creativity, plus passion.

 

 

7 Steps to Wealth Creation

1. Decide what is holding you back and deal with it.
2. Understand what money is.
3. Plan for wealth
4. Decide what you desire to attract into your Flow Centre and why you want it.
5. Understand financial concepts and the skills to create money.
6. Work with the support team you need.
7. Take ‘massive’ consistent wealth action.

 

 

4 Ways to Accelerate Your Journey to Financial Freedom

1. Increase your income
2. Save more
3. Invest more
4. Compound it, so to increase your rate of return.

 

 
Best Forms Passive Income

 

 

 

Enter your First Name and Email to receive 2 FREE chapters from ‘Flow Centre’

Also the wealth classic ‘Think and Grow Rich’

 

Burnout Recovery
 

 

 

 

Forex Trading Today

Music and Trading

Best Relaxation Time

Metabolism Raising

How to Get Passive Income

 

 

 

 

 

 

 

 

 

Best Forms Passive Income

 

 

 

 

 

 

 

 

 

Best Forms Passive Income

 

 

 





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