Filtered by date: 29.12.2017. Clear
  • What to expect from the New Year: a brief overview

    The ending year leaves a lot of information and unanswered questions about the future. So, let´s take a look at what the upcoming year may bring!

  • Are Bitcoin Traders Real Traders?

    Slightly more than 2 months ago, on Oct 10th, we launched Bitcoin trading for our global client base.

  • Bitcoin dropping nicely, watch key level of support!

    Price has started to reverse nicely below our key area of resistance. We’re now watching closely as to whether price would break our key ascending support line which could possibly trigger a strong bearish drop towards 12923 support (Fibonacci extension, horizontal swing low support). RSI (34) shows that we recently made a bearish exit and […]

  • NZDUSD in supply zone, keep an eye out

    NZDUSD is seeing major resistance in our supply zone around the 0.7070 area (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) and a strong drop could occur from this level to drive price towards our major support area of 0.6823 (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below our […]

  • Ethereum in an area of resistance

    Ethereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is dropping nicely with good downside potential that could […]

  • AUDJPY right on major resistance!

    Price is now testing major resistance at 88.04 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, horizontal swing high resistance, bearish price action) and a strong reaction could occur at this level to push price down towards 86.20 support (50% Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing major resistance below our 97% level of resistance. […]

  • How do the New Year holidays affect the financial markets?

    2017 is coming to a close and it’s time to review the accomplishments.

  • Bitcoin right on resistance, possible drop!

    Price didn’t trigger our bearish scenario yesterday and instead rallied to a strong area of resistance at 15912 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong reaction could occur at this level to drive price down towards 12923 support (Fibonacci extension, horizontal swing low support). Our next major level of resistance is at […]

  • EURUSD lining up for a possible rally!

    EURUSD is seeing major support above 1.1835 (Fibonacci retracement, horizontal overlap support) and a strong bounce could occur above this level for it to rally towards 1.1940 resistance (Fibonacci extension, horizontal swing high resistance). Our next major level of support is at 1.1773 (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) sees ascending support hold […]

  • EURAUD on major support area, keep an eye out!

    EURAUD is now testing major support at 1.5335 onwards (Fibonacci retracement, horizontal overlap support, recent swing low support) and a strong bounce could occur as this level to push price up to at least 1.5112 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 2% and a corresponding bounce could occur […]

  • AUDUSD right on resistance!

    Price is now testing major resistance at 0.7742 (61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 0.7552 support (Fibonacci retracement, horizontal overlap support). Our next major level of resistance is at 0.7796 (Fibonacci retracement, breakout level). Stochastic (55,5,3) is seeing […]

  • Bitcoin lining up for another drop!

    Price has dropped strongly for Bitcoin since its high at 20,000 just 2 weeks ago. Now we’re seeing a strong continuation triangle pattern that suggests price could drop even further. Our major support is at 13434 (Fibonacci retracement, horizontal swing low support, triangle formation) and a break of this level could push price down to […]

  • GBPUSD lining up a possible bounce!

    Price is consolidating within a triangle and is lining up for a possible bounce. We’re seeing major support above 1.3300 to 1.3311 (50% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push price up to at least 1.3457 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing […]

  • Ethereum testing major resistance area!

    Ethereum is now testing our major resistance area at 717 to 748 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance area, bearish price action) and a strong drop could occur at this level to push price to at least 583 support (Fibonacci retracement, horizontal swing low support). Our next major level of resistance is […]

  • GBPAUD testing major support, keep an eye out!

    Price is now testing major support area at 1.7352 (38.2% Fibonacci retracement, 50% Fibonacci retracement, 61.8% Fibonacci retracement), horizontal pullback support) and a strong bounce could occur at this level to push price up to at least 1.7917 (Fibonacci extension, horizontal swing high resistance). Our next major level of support is at 1.7107 (Fibonacci retracement, […]