Filtered by date: 19.07.2019. Clear
  • Fed Williams’ “Brilliant Failure” in Communication Sparked jolt on the Markets

    After it became clear that the Fed is going to cut rates in July, market expectations had a room to develop only towards the most bearish outcome (50 bp cut), pressuring dollar and pushing safe heavens and bonds higher.

  • GBPJPY approaching support, potential for a bounce!

    GBPJPY is expected to drop to 1st support at 134.567 where it could potentially react off and up to 1st resistance at 135.140. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF potential reversal!

    USDCHF expected to rise up to 1st resistance at 0.98479 where it could potentially react off and drop down to 1st support at 0.98109. 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 97.04 where it could potentially react off and drop down to 1st support at 96.58. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY approaching resistance, look out for potential reversal!

    USDJPY is approaching its resistance at 107.570 where it is could reverse down to its support at 107.250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    USDJPY reacted off resistance perfectly, dropping to our support target.