Filtered by date: 03.06.2019. Clear
  • JP Morgan suggests 60% chance of recession by 2020

    The trade war led to an impressive reversal in the scenarios of development of global economy, periodically released by large banks. In its latest release, JP Morgan warns clients about possible two rate cuts by the Fed in 2019 while Barclays sees the need for three rate cuts on an emergency basis. Goldman Sachs looks a little more optimistic for now abandoning the case for one rate hike in 2020.

  • Russian Ruble Remains Flat: What’s Next?

    Today we review the current status of Russian ruble and discuss the cross rate of EUR/CHF and American stock index S&P500.

  • SPX near support, could possibly bounce

    SPX is approaching our first support at 2772.3 (61.8% Fibonacci extension, horizontal swing low resistance, 23.6% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 2868.9 (horizontal swing high resistance, ,100%Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed […]

  • XAGUSD near key resistance, could possibly drop

    XAGUSD is approaching its resistance at 14.66 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 14.30 (78.6% Fibonacci retracement,61.8% Fibonacci extension, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin […]

  • XAUUSD near key resistance, could possibly drop

    XAUUSD is approaching its resistance at 1312.95 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1287.14(61.8% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high […]

  • AUDJPY Approaching Resistance, Prepare For A Reversal

    AUDJPY is approaching its resistance at 75.34 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 74.97(horizontal swing low support). Ichimoku cloud is showing bearish cloud where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the […]

  • Summary

    We are seeing a nice setup AUDJPY and XAUUSD as it is near key resistance. Here are some of our nice calls previously: USDJPY bounced nicely: https://www.tradingview.com/chart/EURCHF/65CjBNct-USDJPY-near-resistance-could-possibly-drop/