Filtered by date: 20.06.2019. Clear
  • Fed’s upcoming rate cut is likely to be preemptive rather than a response to recession

    World stock markets rose on Thursday after the Fed signaled about intentions to cut rates, presumably at the next meeting, removing the “patience” wording from the statement, emphasising the growth of uncertainty in forecasts. Updated dot plot showed that more and more officials are inclined to lower rates at the next meetings.

  • Will FOMC Send USD/RUB Down?

    Today we review the potential future of Russian ruble and Swiss franc as well as discuss the cross rate of EUR/CHF.

  • Summary

    USDCHF bounced up nicely.

  • EURGBP bounced from support, potential for a further rise!

    EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • GBPUSD approaching resistance, look out for a potential reversal

    GBPUSD is approaching its resistance at 1.27110 where it is could reverse down to its support at 1.26346. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • EURUSD approaching resistance, look out for a potential reversal

    EURUSD is approaching its resistance at 1.12848 where it is could reverse down to its support at 1.12431. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY approaching support, potential for a bounce!

    USDJPY is approaching its 1st support at 107.492 where it could potentially bounce to its resistance at 1st resistance at 108.098. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.