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Technical Analysis

USDJPY bounced from support, potential for a further rise!

USDJPY bounced off its support at 108.443 where it could potentially rise further to 108.746.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

Will EUR/USD Drop or Jump?

Good day!EUR/USD remains at the level of 1.1110 which the currency pair is currently testing. The asset can either pull back or break it through. So far, we assume that the currency pair should...

XAUUSD approaching support, potential for a bounce!

XAUUSD is expected to drop to 1st support at 1411.05 where it could potentially react off and up to 1st resistance at 1431.95.Trading CFDs on margin carries high risk.Losses can exceed the initial...

USDCHF reversed from resistance, potential drop!

USDCHF reversed off its resistance at 0.99170 where it could potentially drop further to 0.99022.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

DXY reversed from resistance, potential drop!

DXY reversed off its resistance at 97.91 where it could potentially drop further to 97.51.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

USDJPY reversed from resistance, potential drop!

USDJPY reversed off its resistance at 108.746 where it could potentially drop further to 108.365.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

Summary

USDJPY bounced nicely to our profit target!...

EURJPY bounced from support, potential for a further rise!

EURJPY bounced off its support at 120.259 where it could potentially rise further to 120.761.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...

DXY reversed from resistance, potential drop!

DXY reversed off its resistance at 97.76 where it could potentially drop further to 97.27.Trading CFDs on margin carries high risk.Losses can exceed the initial investment so please ensure you...