08 / 05 / 2019 | Technical Analysis

Technical Analysis 08.05.2019 – AUD/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the lines are horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (76.80). The closest resistance level is the upper border of the cloud (77.58). 



On the daily chart Tenkan-sen line is below Kijun-sen, the lines are horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. The closest support level is the lower border of the cloud (75.09). The closest resistance level is Kijun-sen line (78.72). 



The Technical Analysis is provided by Claws and Horns (Cyprus) Limited, an independent analytical company. Any views and opinions expressed are explicitly those of the writer. Any information contained in the article, is believed to be reliable, and has not been verified by STO and is not guaranteed to be accurate. References to specific products, are for illustrative purposes only and are not a form of solicitation, recommendation or investment advice. Past performance is not a guarantee of future performance.  

 
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07 / 05 / 2019 | Technical Analysis

Technical Analysis 07.05.2019 – EUR/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from above, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. The closest support level is Tenkan-sen line (123.96). The closest resistance level is the upper border of the cloud (124.14). 



On the daily chart Tenkan-sen line has crossed Kijun-sen from above, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span has crossed the price chart from above, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (123.60). The closest resistance level is Tenkan-sen line (124.27). 



The Technical Analysis is provided by Claws and Horns (Cyprus) Limited, an independent analytical company. Any views and opinions expressed are explicitly those of the writer. Any information contained in the article, is believed to be reliable, and has not been verified by STO and is not guaranteed to be accurate. References to specific products, are for illustrative purposes only and are not a form of solicitation, recommendation or investment advice. Past performance is not a guarantee of future performance. 
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07 / 05 / 2019 | Company news

AFX Group in 2019 MBA Forex Financial Investors Summit

Continuing its expansion into African markets, AFX Group took part in the 2019 MBA Forex Financial Investors Summit in Nigeria. The summit was held in Port Harcourt on April 27th and in Lagos on May 4th. Attendees had the opportunity to learn all about AFX Group’s investment and trading services which are designed to fit every client’s needs. 

The AFX Group’s team of experts shared their views about forex trading and the huge potential of the Nigerian market. In addition, members of the AFX Group’s team were interviewed by journalists from several Nigerian media channels, stressing that AFX Group is planning to focus on the African markets. Check AFX Group’s Facebook account for pictures and videos from the Summit.



AFX Group would like to thank MBA Forex Limited and Fintec Global Markets who were the sponsors of the event. Most of all, AFX Group would like to thank the numerous Summit’s attendees who honoured us with their presence.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.69% of retail investor accounts lose money when trading CFDs with AFX Capital Markets Ltd. 66.36% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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06 / 05 / 2019 | Technical Analysis

Technical Analysis 06.05.2019 – AUD/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (76.80). The closest resistance level is Tenkan-sen line (77.45). 



On the daily chart Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (75.38). The closest resistance level is Tenkan-sen line (78.10). 



The Technical Analysis is provided by Claws and Horns (Cyprus) Limited, an independent analytical company. Any views and opinions expressed are explicitly those of the writer. Any information contained in the article, is believed to be reliable, and has not been verified by STO and is not guaranteed to be accurate. References to specific products, are for illustrative purposes only and are not a form of solicitation, recommendation or investment advice. Past performance is not a guarantee of future performance. 
...
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03 / 05 / 2019 | Technical Analysis

Technical Analysis 03.05.2019 – EUR/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is crossing the price chart from above, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (124.20). The closest resistance level is the upper border of the cloud (124.80).




On the daily chart Tenkan-sen line is below Kijun-sen, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span is approaching the price chart from above, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (123.95). The closest resistance level is Tenkan-sen line (125.06).




The Technical Analysis is provided by Claws and Horns (Cyprus) Limited, an independent analytical company. Any views and opinions expressed are explicitly those of the writer. Any information contained in the article, is believed to be reliable, and has not been verified by STO and is not guaranteed to be accurate. References to specific products, are for illustrative purposes only and are not a form of solicitation, recommendation or investment advice. Past performance is not a guarantee of future performance.
...
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.69% of retail investor accounts lose money when trading CFDs with AFX Capital Markets Ltd. 66.36% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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