Filtered by date: 02.05.2019. Clear
  • Is the Fed losing control over interest rates?

    The main storyline in the Fed policy, as expected, has not undergone any significant adjustments, as both the statement and tone of Powell speech were neutral.

  • Is the EUR/USD About to Jump?

    Last week the EURUSD broke the 1.1170 horizontal level and jumped higher on Monday, signifying a formed bearish trap.

  • EURUSD reversed below resistance where we could see further drop!

    EURUSD reversed nicely from our first resistance where we might see a further drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the […]

  • BXY under bearish pressure, bearish below first resistance level

    BXY is approaching our first resistance where we might see a corresponding drop in price to our first support level at 6.974. Stochastic is also seeing bearish pressure from its resistance line. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • GBPUSD broke out of resistance, potential for further bounce!

    GBPUSD broke out of our descending resistance line and we might be seeing further bullish pressure in price from our first support level an Ichimoku cloud. Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF approaching support, bullish above first support level

    USDCHF is approaching first support at 1.0107 where we are expecting a bounce above this level to our major resistance level at 1.0231. Stochastic is approaching support as well and ichimoku cloud is also seeing signs of bullish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure […]

  • Summary

    We are seeing a nice setup on USDCHF and GBPJPY as it is approaching resistance where we are expecting a bounce above our first support level.