• Will carry trade bonanza continue?

    With world central banks shelving their plans to tighten credit conditions, investors were forced to hunt for yields in emerging markets, making carry trade the “top choice” in terms of risk/reward in the first quarter of 2019.

  • Russian Ruble Breaks the Level of 65. What’sNext?

    Today we discuss what is happening to Russian ruble and gold.

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0370 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.0341 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3241 (horizontal pullback support, 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.3381 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can […]

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.60 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.34 (61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6897 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6838 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • Summary

    We are seeing a nice setup on XAGUSD and AUDNZD as it is approaching resistance where we are expecting a drop below this level. CADJPY reversed nicely from our first resistance and is approaching our major resistance target: https://www.tradingview.com/chart/CADJPY/NVHOVmm4-CADJPY-approaching-resistance-potential-drop/

  • 下周关键经济事件和报告

    2019年3月19日周二——澳洲联储会议记录,英国1月份包括奖金在内的平均收入指数,英国2月份失业救济申领人数变动,欧洲经济研究中心德国3月份经济景气指数。

  • IEA: Oil market should expect a deficit in the 2Q of 2019

    Small deficit in the oil market is expected in the second quarter of this year, but the OPEC has sufficient reserve capacity to prevent price increases in the event of possible supply disruptions, the International Energy Agency (IEA) said on Friday.

  • Trade terms improve for the US, but housing market disappoints

    Following a strong Core PCE growth of 1.9% in February, import prices in the US also rose by 0.6%, after a slight increase of 0.1% in January and a fall of 1.4% in December.

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.59 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.36 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.0013 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0068 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5906 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.5997 (61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 79.28 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 78.53 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • Summary

    We are seeing a nice setup on EURAUD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on AUDJPY as it is approaching resistance where we are expecting a drop below this level. NZDJPY reversed nicely from our first resistance and is approaching […]