Filtered by date: 24.05.2019. Clear
  • What you need to know about latest US PMI report

    Markit calculations showed that Production and services activity in the US plummeted in May, barely remaining above the recovery zone.

  • EURJPY reversed off resistance, could possibly drop

    EURJPY reversed off our first resistance at 122.74 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop to its support at 122.12 (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.

  • USDJPY near support, could possibly bounce

    USDJPY is approaching our first support at 109.49 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement ) where a strong bounce might occur pushing the price up to our major resistance at 110.69 (horizontal swing high resistance, ,50%&78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries […]

  • XAGUSD near key resistance, could possibly drop

    XAGUSD reversed off our first resistance at 14.66 (61.8% Fibonacci extension,78.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop to its support at 14.36(horizontal swing low support, 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 the […]

  • XAUUSD near key resistance, could possibly drop

    XAUUSD reversed off our first resistance at 1291.78 (61.8% Fibonacci extension,61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 1266.86(horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand […]

  • Summary

    We are seeing a nice setup XAUUSD and XAGUSD as it is near key resistance Here are some of our nice calls previously: USDJPY reversed off nicely: https://uk.tradingview.com/chart/USDJPY/qVoCCGeo-USDJPY-reversed-off-resistance-could-possibly-drop/