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USDCLP

6 Mar

We got a false breakout of 645 level to the downside. 665-670 level could be key resistance area and a monthly close below 650 can confirm a downtrend. Currently the sideways channel 645-680 is still in control.

USCLP CHART

19 Jan

The weekly usdclp chart remain sideways with key support at 650 and key resistance at 680.

US Dollar Index

7 Feb

It was a bearish week for us dollar. Nevertheless it bounce in the current bullish channel support and if it break the channel to the downside there is support in 95,5 and 94.

us dollar index 2016-02-07_14-41-09

USDCLP

26 Jan

The historical maximum or all-time record price of the USDCLP was registered on 2003 around 753-758. Currently it’s trading at 717 near a 2001 and 2003 resistance (now support). We will look closer at the close of this week before hedging. We think that until it remains above 700 we have potential upside.

usdclp 2016-01-26_14-28-15

NEW PARTNERS

4 Mar

Our customers can now trade using our products using these brokers: ETX, Varengold Bank, FxPrimus and FXCM. For opening an account just click on the link of the broker of your choice under PARTNERS.