Filtered by date: 15.05.2019. Clear
  • China’s “March momentum” wanes as underlying fundamentals remain extremely weak, April data show

    The German economy, the leading element in the EU’s welfare, found its footing in Q1, thanks to increased consumer spending and a recovery in construction. However, the EU’s government warned that the outlook for further expansion could be overshadowed by heightening trade tensions.

  • EURJPY near key support, could possibly bounce

    EURJPY is approaching our first support at 122.52 (100% & 61.8% Fibonacci extension, horizontal swing low support ) where it could potentially bounce to its resistance 123.59 (38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance,100% Fibonacci extension). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you […]

  • USDJPY bounced off key resistance, could possibly drop

    USDJPY is approaching our first resistance at 110.012 (61.8% Fibonacci extension,23.6% ibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 109.047(horizontal swing low support, 100% Fibonacci extension). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • XAGUSD testing key resistance, could possibly drop

    XAGUSD is testing our first resistance at 14.98 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support 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 bounced off key resistance, could possibly drop!

    XAUUSD is approaching our first resistance at 1302.263(horizontal swing high resistance, 100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 1266.727 (horizontal swing low support, , 61.8% Fibonacci extension ). Stochastic is also approaching resistance. Trading CFDs on margin […]

  • Summary

    We are seeing a nice setup USDJPY and EURJPY as it is testing our resistance level Here are some of our nice calls previously: USDJPY reversed off nicely: https://www.tradingview.com/chart/EURCHF/OnIuzgts-USDJPY-bounced-off-key-resistance-could-possibly-drop/