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Technical Analysis

EURJPY approaching support, potential for a bounce!

EURJPY is expected to drop to 1st support at 117.563 where it could potentially react off and up to 1st resistance at 119.961..Trading CFDs on margin carries high risk.Losses can exceed the initial...

USDCHF bounced from support, potential for a further rise!

USDCHF bounced off its support at 0.96965 where it could potentially rise further to 0.97534.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

DXY bounced from support, potential for a further rise!

DXY bounced off its support at 97.20 where it could potentially rise further to 97.77.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

USDJPY bounced from support, potential for a further rise!

USDJPY bounced off its support at 105.082 where it could potentially rise further to 106.705.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

Summary

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

Precious Metals Mondays - 12-08-19

It's that time of the week and we're back with our latest installment of Precious Metals Mondays 12-08-19, a look into how the metals market has developed over the past 7 days.GoldThe precious metals...

USD/RUB Stays Still: What’s Next?

The Russian currency appears to be remaining below the resistance of 65.55. But a figure resembling a pennant with a very long handle is currently forming in the daily chart. The double bottom is...

XAUUSD bounced from support, potential for a further rise!

XAUUSD bounced off its support at 1450.16 where it could potentially rise further to 1509.21.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

DXY approaching support, potential for a bounce!

DXY is expected to drop to 1st support at 97.87 where it could potentially react off and up to 1st resistance at 97.20.Trading CFDs on margin carries high risk.Losses can exceed the initial investment...