• Fed’s Kaplan says “patience” should be extended, but who will take heed?

    A few years ago, Dick Fisher, the former president of the Federal Reserve Bank of Dallas, insisted on the priority consideration of side effects of unconventional monetary policy.

  • USDCAD broke a key support level, triggering the drop down to next major support!

    USDCAD could potentially drop further to 1.31520. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDJPY reversed from resistance, potential drop!

    AUDJPY reversed off its resistance at 74.81 where it could potentially drop further to 73.94. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • NZDJPY reversed from resistance, potential drop!

    NZDJPY reversed off its resistance at 71.289 where it could potentially drop further to 70.307. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY broke a key support level, triggering the drop down to next major support!

    USDJPY could potentially drop further to 107.828. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    EURUSD bouncing up nicely.

  • US stocks and bonds: Which one will surrender first?

    Shares in the Asian region kicked off the week with a rise, anticipating the positive outcome of negotiations between the leaders of the United States and China at the G20 summit.

  • USD/RUB Drops, What’s Next?

    Good day! Based on the decision by the FOMC, the USD/RUB approached the 63 level and closed the trading week right there. Now, we could assume that this asset will either pull back from the 63.00 support level or break through it and drop till the 60.50 level. So far, the pullback is potentially more […]

  • AUDCAD approaching resistance, look out for potential reversal!

    AUDCAD is approaching its resistance at 0.92279 where it is could reverse down to its support at 0.91625. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDJPY reversed from resistance, potential drop!

    AUDJPY reversed off its resistance at 74.76 where it could potentially drop further to 73.94. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • EURJPY reversed from resistance, potential drop!

    EURJPY reversed off its resistance at 122.275 where it could potentially drop further to 121.005 Disclaimer: 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 107.828 where it is could reverse down to its support at 107.047. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    EURJPY bouncing up nicely.

  • Key economic events and reports of the upcoming week

    Monday, June 24, 2019 – German Ifo Business Climate Index(EUR), Inflation Report Hearings (GBP).

  • FRB Bullard says insurance cut is needed to support inflation expectations

    The head of FRB of St. Louis, James Bullard, said he crossed swords with most of his peers at the FOMC meeting this week, because he believes that anaemic inflation and uncertainty about the GDP growth outlook give grounds for a rate cut.