Filtered by date: 09.05.2019. Clear
  • China PPI and CPI lack natural catalysts as the trade data post muted action

    The April PPI in China accelerated to the quickest pace in four months, signaling an increase in production volumes, which spurred demand for raw materials.

  • Is the USD/RUB About to Jump?

    Today we discuss the current state of Russian ruble and potential future of the gold as well as review what is most likely to happen to American stock index S&P500.

  • USDJPY Approaching Support, Prepare For A Bounce

    USDJPY is approaching its support at 109.91 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 110.91(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries […]

  • EURJPY Approaching Support, Prepare For A Bounce

    EURJPY is approaching its support at 122.52 (100% Fibonacci extension*2, 61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 124.33(61.8%& 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 margin carries high […]

  • XAGUSD testing key resistance, could possibly drop

    XAGUSD is approaching our first resistance at 14.98 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high support) where it could potentially bounce to its resistance at 14.36(horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand […]

  • 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 XAUUSD and XAGUSD as it is approaching our resistance level Here are some of our nice calls previously: USDJPY dropped nicely: https://www.tradingview.com/chart/EURCHF/cAqBzj85-USDJPY-Reversed-Off-Resistance-Prepare-For-Further-Drop/