Earn Passive Income Online



Earn Passive Income Online

 

Flow Centre Passive Income

Earn Passive Income Online

 

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Also the wealth classic ‘Think and Grow Rich’

 

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Earn Passive Income Online DAILY MARKET REPORT
October 7th 2016

EUR/USD Earn Passive Income Online

Earn Passive Income Online

The American dollar traded on a firmer footing this Thursday, with limited data released and investors focused on Friday’s US Nonfarm Payroll report. Much better-than-expected data released in the US during these last few days signaling economic growth, fueled speculation of a FED’s rate hike, and expectations are that Nonfarm Payrolls needs to confirm that view.  The American economy is expected to have added 172K new jobs, while wages are expected to recover from August soft numbers.

During the European morning, Germany released its August factory orders, which showed that new orders in manufacturing had increased in August 2016 a seasonally and working-day adjusted 1.0%, up from 0.3% in July, while in the US, weekly unemployment claims to near their lowest since 1973 in the week ending October 1st, printing 249K. Continued claims, fell to its lowest in sixteen years, 2.058M.

The EUR/USD pair fell down to 1.1140, closing the day a few pips above it, and technically bearish, despite holding within its last month’s range. The pair has been comfortably trading within 1.1120 and 1.1280 for over four weeks, but ahead of the key employment report, the 4 hours chart shows that the price is well below its moving averages, with the 20 SMA finally gaining downward traction below the larger ones, while the Momentum indicator hovers within neutral territory, and  the RSI indicator holding near oversold levels, favoring a new leg lower, which will likely be triggered if Payrolls surprise towards the upside.

Support levels: 1.1120 1.1080 1.1040

Resistance levels: 1.1200 1.1245 1.1280

Earn Passive Income Online

Earn Passive Income Online

 

USD/JPY Earn Passive Income Online

The USD/JPY trades at its highest in five weeks, not far from the daily high established at 104.15 during the American  afternoon. The pair got a boost at the beginning of the day from BOJ’s Kuroda, as he Kuroda said that he does not expect that the central bank will run out of government bonds to purchase for its quantitative easing program, while better-than-expected US weekly unemployment claims, down to 249K in the past week, have fueled the rally. Stocks were a mixed bag, with Asian equities firmer, European ones down, and Wall Street ending the day pretty much flat around its opening, doing little for risk-related trading. The pair will likely consolidate during the upcoming Asian session and ahead of the US Nonfarm Payroll report, but the overall positive tone persists according to short term technical readings. In the 1 hour chart, the price is well above the 100 and 200 SMAs that have accelerated its advances below the current level, with the 100 SMA now around 102.60, indicating the strength of the latest move up. In the same chart, technical indicators hold within extreme overbought levels, heading modestly higher, but below previous daily highs. In the 4 hours chart the RSI indicator accelerated its advance, now standing around 83, while the Momentum indicator also resumed its advance after a modest downward correction, maintaining the risk towards the upside, at least from a technical point of view.

Support levels: 103.10 102.65 102.20

Resistance levels: 103.80 104.30 104.65

Earn Passive Income Online

Earn Passive Income Online

 

GBP/USD Earn Passive Income Online

Pound’s collapse continued this Thursday, with the GBP/USD pair sinking to fresh 31-year lows of 1.2601, and shedding additional 400 pips or a whopping 5% early Asia, in a matter of minutes. Ahead of the Nikkei opening, the pair is trading with a 10 pips spread of more, and with charts showing lows below 1.2000 but with no clear consensus over what triggered the slide, neither which was the actual low of such wild 5-minutes move. This kind of sharp moves in an extremely bearish, sentiment-driven market, are usually the beginning of the end of such dominant trend, but it may not be the case this time, given that political uncertainty and economic deterioration, will only worsen from here.

The FTSE 100 soared on a cheaper currency, as most of the listed companies get their incomes from abroad. What speculative interest forgot, is that those companies also have to buy their producer materials abroad, and are clearly more expensive. Easyjet was the first to lift a red flag, warning that the weak pound would cost the company £90m this financial year, with shares closing the day 6.93% lower.

The pair quickly bounced back to around 1.2400, and technical readings are currently extremely distorted by the sharp decline, as indicators in almost every intraday timeframe maintain sharp bearish slopes within extreme oversold levels. Still, as long as below 1.2500 the risk will remain towards the downside, whilst above this level, the pair can quickly recover up to 1.2600. More wild swings should be expected for the upcoming sessions, with investors now waiting for a positive US Payroll to resume selling at whatever level the pair stands by then.

Support levels: 1.2340 1.2290 1.2250

Resistance levels: 1.2420 1.2460 1.2510

Earn Passive Income Online

Earn Passive Income Online

 

AUD/USD Earn Passive Income Online

The AUD/USD pair broke through the 0.7600 level, falling to a fresh 2-week low of 0.7561 before recovering modestly from it ahead of the US close. The Australian dollar was hit by a sell-off in base metals,  with spot gold falling down to $1,250.00 a troy ounce, its lowest since June 23rd. Australia released its trade balance figures during the past Asian session, showing a smaller-than-expected deficit in August, which resulted at A$2.01 bln, against the median expectation  for an A$2.3 bln deficit. The late bounce came as US indexes trimmed intraday losses and closed nearly flat. Technically, the fact that the pair remains below the 0.7600 increases the risk of a bearish continuation for this Friday, particularly if the US employment report beats expectations. Short term technical readings favor the negative view, as in the 1 hour chart, a strongly bearish 20 SMA caps the upside, while technical indicators resumed their declines within negative territory after a modest upward correction. In the 4 hours chart, technical indicators are flat within bearish levels, while the 20 SMA has turned sharply lower far above the current level, also in line with further slides for this Friday.

Support levels: 0.7560 0.7520 0.7490

Resistance levels: 0.7600 0.7650 0.7695

Earn Passive Income Online

Earn Passive Income Online

 

GBP/CAD Earn Passive Income Online

The GBP/CAD cross resumed its decline this Thursday, printing 1.6656 in the US afternoon, as the Pound plunged to 1.2601 against the greenback, fresh record lows. The Canadian dollar also weakened on broad-based dollar’s strength, in spite of higher oil prices, with WTI futures settling at fresh 4-month highs. The cross is dangerously close to 1.6605, August multi-year low, and given the ongoing negative sentiment towards the UK currencies, chances of a break lower have increased exponentially. Short term, the 1 hour chart maintains the negative tone seen on previous updates, as the 20 SMA resumed its decline above the current level, while the technical indicators maintain their bearish slopes within negative territory. In the 4 hours chart, the RSI indicator has turned flat around 24, reflecting the decreasing volume after Wall Street’s close rather than suggesting downward exhaustion, while a strongly bearish 20 SMA caps the upside around 1.6780.

Support levels: 1.6670 1.6605 1.6540

Resistance levels: 1.6720 1.6780 1.6850

Earn Passive Income Online

Earn Passive Income Online

 

Dow Jones Earn Passive Income Online

US indexes closed mixed, but not far from their daily opening, as the absence of motivating news joined forces with cautious ahead of the NFP employment report. The Dow Jones Industrial Average shed 12 points, to close at 18,268.50, while the Nasdaq Composite also fell, down 0.17% to 5,306.85. The S&P managed to add 1 point, and close at 2,106.77. Within the Dow, Home Depot Inc. led winners, finishing 2.05% higher, while American Express Company brought up the rear among losers, slipping 3.76%. The benchmark, managed to trim its early losses, and the daily chart shows that it ended the day above its 20 and 100 DMAs, although the index remains range bound, within its early week range and with technical indicators flat within neutral territory. In the 4 hours chart, the index maintains the neutral stance seen on previous updates, trapped between its 100 and 200 SMAs, and with technical indicators stuck around their mid-lines.

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

Resistance levels: 18,320 18,373 18,440

Earn Passive Income Online

Earn Passive Income Online

 

FTSE Earn Passive Income Online

The FTSE 100 lost 33 points or 0.47% this Thursday, to close the day at 6,999.96, down for a second consecutive day, undermined by a strong decline in base metal prices. Despite the Pound accelerated its slide to fresh 31-year lows, the benchmark was unable to regain the upside, and in fact, the negative effects of a lower currency kicked in, as Easyjet warned that the weak pound would cost the company £90m this financial year. Easyjet topped losers, closing the day 6.93%. Among mining-related firms, Fresnillo was the worst performer, down 3.64%. Technically, the downward mode remains as corrective in the daily chart, as indicators are barely retreating from overbought readings, whilst the index remains well above its moving averages, with the 20 SMA currently around 6,853. Shorter term, and according to the 4 hours chart, the downward potential is also limited, as the benchmark bounced after testing a bullish 20 SMA, currently at 7,006, while technical indicators have turned flat within positive territory, after correcting the overbought conditions reached earlier this week.

Support levels: 7,006 6,965 6,910

Resistance levels: 7,080 7,135 7,180

Earn Passive Income Online

Earn Passive Income Online

 

Gold Earn Passive Income Online

Spot gold extended its decline to levels last seen on June 23rd, printing $1,249.79 a troy ounce mid US afternoon, weighed by strong US economic data  that bolstered the case for a  Federal Reserve rate hike in the  coming months, as ahead of the key Nonfarm Payroll release, weekly unemployment claims fell to a multi-decade low of 249K, another sign that world’s largest economy is approaching to full employment conditions. The commodity has broken below a major critical level, the 61.8% retracement of its May/July rally, between 1,199.51 and the yearly high of 1,375.11, at 1,266.30, and the daily chart shows that technical indicators continue heading sharply lower, despite being in extreme oversold territory, with the RSI now around 18. Furthermore, gold extended below its 200 DMA situation last seen late January this year. In the shorter term, and according to the 4 hours chart, indicators have bounced modestly from extreme oversold levels, reflecting the latest upward correction rather than suggesting further gains, whilst the 20 SMA continues heading lower above the current level,  offering a strong dynamic resistance in the 1,277 region.

Support levels: 1,249.50 1,240.10 1,233.70

Resistance levels: 1,266.30 1,277.50 1,287.30

Earn Passive Income Online

Earn Passive Income Online

 

 

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.

 

 

Earn Passive Income Online

 

 

 

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

Also the wealth classic ‘Think and Grow Rich’

 

Earn Passive Income Online
 

 

 

 

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Earn Passive Income Online

 

 

 

 

 

 

 

 

 

Earn Passive Income Online

 

 

 





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