• Forex
  • Investments
  • Loyalty program
  • Promotions and contests
  • Analysis
  • Getting started
  • About us

Daily analytical report (13/10/17)

  • CPI and retail sales; these are two statistics that the market currently awaiting. We’ll learn about these soon enough, but first, let’s look at some potential trading opportunities.
  • Gold is producing a possibly very strong bearish reversal pattern. We are about to make a double top formation on a resistance combined of 3 crucial Fibonacci retracements. On the daily chart, this double top takes the form of two shooting stars. All we need for a sell signal is a breakout of the 1,290 USD/oz support.
  • DAX is about to make new highs but first needs to exit the tight range of 13000 to 12900 points. Buying pressure is increasing, so a bullish breakout is more likely to happen.
  • GBPJPY had a rough day yesterday. From heaven to hell and back to heaven. Sentiment is again positive. We defended the 38.2% Fibonacci, we still have flag, and we are above the crucial support of 147.5. Yesterday’s candlestick has formed a beautiful hammer. This is all bullish.

Latest reviews

Everyone has the chance to make a profit

You don't need to trade on your own to make a profit. Make a profit by entrusting your funds to experienced traders!


There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.