Filtered by date: 07.08.2019. Clear
  • Are Fiat Currencies Losing Battle Against Gold?

    Rapid rise of the gold price this week was somewhat particular as the yellow metal renewed historical peaks against a number of fiat currencies:

  • NZD Rocked By Surprise .50% RBNZ Rate Cut!

    Perhaps the recent USD experience in reaction to the Fed’s latest rate cut was a learning curve for the RBNZ. At its August meeting held overnight, the bank was widely expected to cut rates, with a .25% cut priced in. However, the RBNZ took markets by surprise as it announced a .50% rate cut, sending […]

  • XAUUSD approaching resistance, look out for potential reversal!

    XAUUSD is approaching its resistance at 1473.93 where it is could reverse down to its support at 1452.11. 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 97.87 where it could potentially react off and drop down to 1st support at 97.20. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY potential reversal!

    USDJPY expected to rise up to 1st resistance at 107.249 where it could potentially react off and drop down to 1st support at 105.830. 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 0.98071 where it could potentially react off and drop down to 1st support at 0.96916. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    USDJPY climbed nicely.