Filtered by date: 31.07.2019. Clear
  • PMI Data Shows Chinese Government Still Struggling to Deliver Targeted Measures, Despite Record Support!

    Despite a record amount of cheap debt poured into the economy and the expansion of fiscal spending, surveys of company managers showed that stagnation with a slight bias to recession resumed in China in July.

  • FOMC Preview – Will The Fed Announce Fresh Easing?

    Market Looking For .25% Rate Cut The main focus for traders today will be the FOMC decision, due later on in the US session. The meeting is one of the most keenly anticipated FOMC meetings in recent history as the Fed is widely expected to announce fresh easing. Indeed, in line with recent commentary and […]

  • Markets Hopeful As US China Trade Talks Resume

    Traders have been given cause for fresh optimism this week, regarding a potential end to the trade war as the latest round of negotiations begin. A team of US delegates, led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Shanghai yesterday. The group met with its Chinese counterparts, led by […]

  • XAUUSD reversed from resistance, potential drop!

    XAUUSD reversed off its resistance at 1432.98 where it could potentially drop further to 1411.05. 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 expected to drop to 1st support at 108.365 where it could potentially react off and up to 1st resistance at 109.027. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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

    USDCHF bounced off its support at 0.98906 where it could potentially rise further to 0.99492. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY potential reversal!

    DXY expected to rise up to 1st resistance at 98.40 where it could potentially react off and drop down to 1st support at 97.77. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    XAUUSD climbed perfectly to our target.

  • BoJ Takes Pause in opening New Season of “Cheap Money”, Complicating Decision for the Fed

    Bank of Japan left the amount of monetary stimulus unchanged at the meeting on Tuesday, however, it signaled its readiness to cut rates and ramp up bond purchases significantly if the risks associated with global growth materialize in the domestic economy.

  • Could It Be? UK Snap Election Chances On The Rise?!

    The appointment of Boris Johnson as leader of the UK conservative party and, consequently, the country, has put a fresh focus on the issue of Brexit. A great deal of support for Johnson’s campaign was premised on his staunch pro-Brexit stance. Indeed, the new PM has vowed to take the UK out of the EU […]

  • USDJPY reversed from resistance, potential drop!

    USDJPY reversed off its resistance at 109.027 where it could potentially drop further to 108.365. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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

    DXY bounced off its support at 97.92 where it could potentially rise further to 98.40. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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

    USDCHF bounced off its support at 0.99166 where it could potentially rise further to 0.99460. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    USDJPY bounced from support to our target!

  • The IndeX Files

    DAX DAX bulls have had a time recently as price continues to see-saw near recent highs. The main driver of price action has been the steady decline of both German and eurozone economic indicators over recent months. The German economy, which traditionally has been the export engine of the eurozone, has slowed dramatically this year. […]