Filtered by date: 31.05.2019. Clear
  • New leg of credit easing for Chinese economy soon?

    The tariff war is slowly but surely shaking one of the most fragile pillars of the Chinese economy — the private small enterprises in the manufacturing sector.

  • SPX near support, could possibly bounce

    SPX is approaching our first support at 2772.3 (61.8% Fibonacci extension, horizontal swing low resistance, 23.6% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 2868.9 (horizontal swing high resistance, ,100%Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed […]

  • EURJPY testing support, could possibly bounce

    EURJPY is approaching our first support at 121.52 (61.8% Fibonacci extension*2, horizontal swing low resistance)where a strong bounce might occur pushing the price up to our major resistance at 122.78(horizontal swing high resistance, ,38.2%Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please […]

  • XAUUSD near key resistance, could possibly drop

    XAUUSD is approaching its resistance at 1291.78(61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 1270.58(50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on […]

  • AUDCAD Approaching Resistance, Prepare For A Reversal

    AUDCAD is approaching its resistance at 0.9364 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.9328(23.6% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high […]

  • Summary

    We are seeing a nice setup AUDCAD and XAUUSD as it is near key resistance. Here are some of our nice calls previously: USDJPY bounced nicely: https://www.tradingview.com/chart/EURCHF/szOXgIiL-USDJPY-near-support-could-possibly-bounce/

  • S&P500 Extending Drop!

    Today we review the current status of the stock index S&P500 and potential future of British pound against the data by COT CFTC.

  • AUDJPY Approaching Resistance, Prepare For A Reversal

    AUDJPY is approaching its resistance at 76.01 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 75.34(horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. […]

  • EURJPY near support, could possibly bounce

    EURJPY is approaching our first support at 121.63 (61.8% Fibonacci extension*2, horizontal swing low resistance)where a strong bounce might occur pushing the price up to our major resistance at 122.78(horizontal swing high resistance, ,38.2%Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please […]

  • USDJPY near resistance , could possibly drop

    USDJPY is approaching our first resistance at 109.80(horizontal swing low support, 61.8% Fibonacci extension,38.2% Fibonacci retracement ) where a strong drop might occur pushing the price down to our major support at 108.65(horizontal swing high resistance, ,50%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance Trading CFDs on margin carries high risk. Losses can […]

  • XAGUSD near key support, could possibly bounce

    XAGUSD is approaching our first support at 14.30(horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement ) where a strong bounce might occur pushing the price up to our major resistance at 14.66 (horizontal swing high resistance, ,23.6%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. […]

  • Summary

    We are seeing a nice setup USDJPY and AUDJPY as it is near key resistance. Here are some of our nice calls previously: USDJPY bounced nicely: https://www.tradingview.com/chart/EURCHF/szOXgIiL-USDJPY-near-support-could-possibly-bounce/

  • Why is the yield curve inversion only a warning but still not a sign of recession?

    Inversion of the US yield curve continues, becomes stronger and captures more and more sections of the curve, but why is this just a warning, not a sign of recession?

  • Can China dampen its US Treasury portfolio as a retaliatory measure?

    Looming tariff war constraints mainly through risks of slowing consumer spending in the United States and China are forcing them to actively search for alternative pressure points of each other.

  • EURJPY near support, could possibly bounce

    EURJPY is approaching our first support at 121.91 (61.8% Fibonacci extension*2, horizontal swing low resistance)where a strong bounce might occur pushing the price up to our major resistance at 122.79(horizontal swing high resistance, ,23.6%Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please […]