Filtered by date: 08.05.2019. Clear
  • Why the US and China will start negotiations from scratch

    The diplomatic cable sent from Beijing to Washington last Friday consisted of a total overhaul of a 150-page document that could form the basis of the agreement between the countries, sources from the government and private sector, familiar with negotiations, told Reuters.

  • USDJPY Approaching Support, Prepare For A Bounce

    USDJPY is approaching its support at 110.07 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 111.14(50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries high […]

  • EURJPY Approaching Support, Prepare For A Bounce

    EURJPY is approaching its support at 123.16 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 124.61(38.2% Fibonacci retracement, 61.8% Fibonacci retracement horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on […]

  • SPX approaching Support, Prepare For A Bounce

    SPX is approaching its support at 2856 (100% Fibonacci extension,38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 2958.4(horizontal swing high resistance). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • XAUUSD testing key resistance, could possibly drop!

    XAUUSD is approaching our first resistance at 1288.77(horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1266.73 (horizontal swing low support, , 61.8% Fibonacci extension). Stochastic is also approaching resistance. Trading CFDs on margin carries high risk. […]

  • Summary

    We are seeing a nice setup EURJPY and USDJPY as it is approaching our resistance level Here are some of our nice calls previously: USDJPY bounced nicely: https://www.tradingview.com/chart/EURCHF/cAqBzj85-USDJPY-Reversed-Off-Resistance-Prepare-For-Further-Drop/