An Overview Report Of US – China’s Trade War Effect On Safe Havens In 2019’s Q2

By Content-mgr - on July 18, 2019

It is a known phenomenon that when the financial markets witness an economic “crisis” such was experienced in the markets recently between, the US and China’s “Trade War,” a large percentage of market participants prefer to put their capitals and investments in safe havens whether it is precious metals or currencies.

In this report, we will attempt to reveal how we have analyzed the safe havens technically and fundamentally from April to June 2019 “Q2”.

Japanese Yen

Sell USD/JPY

The best entry point maybe: 111.43

Stop Loss: 111.75

Take Profit: 109.70 or waiting to see if the price movement will break the support level “109.70” or not.

The best date: 3rd May 2019

The best entry point may be: 109.580

Stop Loss: 109.750 or if the price movement breaks the trend line.

Take Profit: 108.100 or waiting to see if the price movement will break the support level “108.100” or not.

The best date: 30 May 2019

The best entry point may be: 107.640

Stop Loss: 108.100

Take Profit: 107.200 or waiting to see if the price movement will break the support level “107.200” or not.

The best date: 20 June 2019

25 June 2019 was the best date for taking profits and close all sell positions in any points or levels above the support level 107.200.

Gold

Buy Gold

The best entry point may be: 1288.00

Stop Loss: 1278.00

Take Profit: 1315.00 or wait and see if the price movement breaches the resistance level “1315.00”

The best date: 30th May 2019

The best entry point may be: 1325.00

Stop Loss: 1312.00

Take Profit: 1341.00 or wait and see if the price movement breaches the resistance level “1341.0”

The best date: 4th June 2019

The best entry point may be: 1346.00

Stop Loss: 1336.00

Take Profit: 1405.00 or wait and see if the price movement breaches the resistance level “1405.0”

The best date: 18th June 2019

The best entry point may be: 1408.00

Stop Loss: 1400.00

Take Profit: 1435.00 or wait and see if the price movement breaches the resistance level “1435.0“.

The best date: 24th June 2019

25 June 2019 was the best day for profit-taking while closing all possible buy positions, under the resistance level 1435.00.

Swiss Franc

Sell USD/CHF

The best entry point may be: 1.01488

Stop Loss: 1.02050 or if the price movement breaks the trend line.

Take Profit: 1.00050 or waiting to see if the price movement will break the support level “1.00050” or not.

The best date: 10th May 2019

The best entry point may be: 0.99687

Stop Loss: 1.00100

Take Profit: 0.98677 or waiting to see if the price movement will break the support level “0.98677” or not.

The best date: 3 June 2019

Buy USD/CHF

The best entry point may be: 0.99000

Stop Loss: 0.98500

Take Profit: 1.0005 or wait and see if the price movement breaches the resistance level “1.0005” or not.

The best date: 10th June 2019

Sell USD/CHF

The best entry point may be: 0.99400

Stop Loss: 1.00100

Take Profit: 0.98677 or wait and see if the price movement breaches the support level “0.9867”

The best date: 20 June 2019

The best entry point may be: 0.9814

Stop Loss: 1.00100

Take Profit: 0.97300 or wait and see if the price movement breaches the support level “0.9730”

The best date: 21st June 2019

25 June 2019 was the best day for profit-taking while closing all possible buy positions, above the support level of 0.9730.

Cryptocurrencies: (The Odd ones In)

The cryptocurrencies market has also enjoyed some impressive upside trends from April to June 2019. Ranging from 4.095.00 to 13.868.00″, Some Investors had used the Cryptos as a hedging option. Often the unwarranted attention. Imbuing, the Cryptos as quasi safe-haven feel although they are not officially, recognized as such.