We Told You So…

We Told You So...

We Told You So…

USDJPY – Has a great buy opportunity if it breaks the resistance formed around 113.90 with targets as 114.50 – 115 levels. If a break out happens it can take a few days to get there but the profit potential looks juicy. 

USDZAR – We had noted this pair had potential to come down to the highlighted support level about 2 weeks ago and now we have arrived. It will now be a good opportunity to go long around these levels to push it back to 13.40460 for a retest of the break of that support breakage. Then we might actually go back short again from there! 

 

 

 

Capitalize your profits and open an account here!

Don’t forget to watch our daily videos on our home page at www.cmtrading.com and review the daily economic data releases from our webpage.

 

***Information contained in this news letter are gathered from third parties and should not be regarded in any way as trade advice or recommendations by CM Trading. CM Trading does not recommend or advise traders or investors in their decision making, but merely provides information from the market for its clients as additional information being made available as per the events occurring in the financial markets.

 

HIGH RISK WARNING:

Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

© Copyright 2015 – CM Trading – All rights reserved

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on email
Email

Recent .

Stock of the week: Facebook makes CEO Mark Zuckerberg $8 billion in just one week!  

Stock of the week: Facebook makes CEO Mark Zuckerberg $8 billion in just one week!   It has been a momentous week for Facebook CEO Mark Zuckerberg who …

Read More →
Big Tech earnings roll in – Huge profits for Google, Microsoft and more! 

Huge profits for Google, Microsoft and more! Major big tech companies have released their quarterly earnings. We look at how some of the world’s biggest businesses performed so far this year!     Google, …

Read More →
MetaTrader 4 vs MetaTrader 5 – which is the better platform?
Bitcoin bounces back: Is buying the dip worth the risk?

Bitcoin bounces back: Is buying the dip worth the risk?  Bitcoin has recovered some of its losses following its fall from a record high of $65,000. Considering the crypto king’s astonishing performance in 2021, should …

Read More →
Oil summit: Waste of time
Oil market outlook: bumpy ride ahead?

2020 has been disastrous for the oil markets, however, it appears that oil has recovered most of its losses and is now hovering near pre-pandemic levels. In today’s article we will take a look at oil’s recent performance and explore the opportunities that may lie ahead.

Read More →
Dollar still on ten month lows while AUD gains
Stock Market Forecast: S&P 500, Dow Jones, NASDAQ Predictions and Analysis for 2021

With 2021 just around the corner, financial analysts are offering their outlook on where the stock market is headed in the coming year — and many of these experts are hoping for a bullish outcome. Read on.

Read More →
MetaTrader 4 vs MetaTrader 5 – which is the better platform?
Bitcoin rollercoaster sees massive highs & lows – Is the crypto bubble set to burst?

Bitcoin hit a high of $42,000 on January 8 only to plunge by nearly 21% on Monday (January 11) to $35,555. Is the cryptocurrency bubble set to burst?

Read More →
˄