Don’t waste your time – keep track of how NFP affects the US dollar!

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S&P 500 offers trade opportunities

S&P 500 offers trade opportunities

Information is not investment advice

S&P 500 met resistance at the 61.8% Fibo of the January 24-27 decline. The index is quite volatile these days offering traders opportunities to make profit. On the D1, the current candlestick opened with a gap up and now sellers are pulling the price down. The close of the H4 candlestick below 3285 will open the way down to 3272.85 and potentially 3258.00. On the other hand, return above 3297 will open the way to 3315 (78.5% Fibo).

Trade ideas

BUY 3298; TP 3315; SL 3194

SELL 3280; TP 3273; SL 3282


To trade S&P 500, choose S&P 500-20H in MetaTrader 5. 



EUR/USD can correct more

EUR/USD fell below 1.1850 after reaching 1.1920 on Monday. The pair consolidated after the initial bearish move.

USD/CAD: sell in the downtrend

USD/CAD remains within a downtrend. As a result, selling the pair as it turns down from resistance is the best strategy. Support lies at 1.3125.


Gold: trade the sideways move

How to trade the gold price while it's oscillating between 1 837 and 1 864? Read the article, and you'll know how!

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