• Key economic reports of the upcoming week

    Be prepared for the key economic events of the upcoming week. Take a look now!

  • Are oil prices going down?

    Oil exports from the US rose last week to 2M barrels a day, almost reaching the October peak of 2.1M barrels.

  • Japan CPI backs Yen bulls as data prompts BoJ to act

    Economists forecast that the central bank of Japan will adhere this year to the long-term government bonds goal of the 0% yield.

  • NZDUSD has bounced nicely, potential for another bounce!

    NZDUSD has bounced up really nicely from our major support and is now back down to test it again at 0.7306 (50% Fibonacci retracement, 61.8% Fibonacci retracement, Fibonacci extension, horizontal overlap support). Another bounce could occur above this level to push price up to 0.7374 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) has bounced […]

  • Silver testing major resistance, potential drop from here!

    Silver (XAGUSD) is testing major resistance at 16.63 (Fibonacci retracement, horizontal overlap resistance, descending resistance) and a strong reaction could occur at this level to push price down towards 16.38 support (Fibonacci retracement, horizontal swing low support, Fibonacci extension). We can see our long term descending resistance line add a lot of bearish pressure to […]

  • Bitcoin dropping strongly, approaching major support!

    Bitcoin is dropping really strongly and is approaching major support at 9109 (Multiple Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level to push price up to at least 11772 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (34,5,3) is seeing major support at 7.2% and a corresponding […]

  • Brent Crude Oil testing major resistance, potential for a drop!

    Brent Crude Oil (BCOUSD) is tesing major resistance at 66.64 (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance) and a strong reaction could occur at this level to push price back down to 64.31 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance at 98% where a corresponding reaction could occur. Trading CFDs […]

  • FED report came as no surprise to the investors

    Dollar rally added confusion to the markets picture, where news about the supply disruptions and demand fluctuations make the price behaviour quite erratic.

  • NZDUSD testing another strong support with a potential for a bounce!

    NZDUSD is testing major support at 0.7306 (50% Fibonacci retracement, 61.8% Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a bounce could occur above this level to push price up to 0.7374 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing strong support above 4.0% where a corresponding bounce could occur. Trading CFDs on […]

  • GBPAUD testing strong resistance once again, potential for a drop!

    GBPAUD is testing major resistance at 1.7847 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 1.7439 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur. Trading CFDs on margin carries […]

  • Bitcoin bouncing nicely from support, potential for further rise!

    Bitcoin has dropped to our 1st major support as forecasted and is now bouncing off it strongly. Our 1st support is at 10319 (Fibonacci retracement, horizontal overlap support) and our major resistance is at 12970 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). Stochastic (34,5,3) is seeing a nice bounce above 7.2% support with good upside […]

  • Ethereum making a pullback to resistance, watch for another reaction!

    Ethereum is starting to make a pullback to our breakout level. This is usually a sign of bigger players pushing price back up to get in at a good entry. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and another reaction off this level could push price all the way down […]

  • Are the wages growing in the UK?

    The European economy crash, after an impressive breakthrough last year, could occur faster than expected, this was shown by the the PMI report of the Eurozone and the leading economies in the bloc.

  • NZDUSD testing major support, prepare for a potential bounce!

    NZDUSD is testing our major support at 0.7336 really nicely (multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 0.7428 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (34,5,3) is seeing strong support above 8.0% where a corresponding bounce could occur similar to what […]

  • Litecoin shooting up nicely, good upside potential!

    Litecoin has shot up nicely after breaking our wedge formation. Our 1st support is at 212.77 (Fibonacci retracement, horizontal overlap support, pullback support) where a further bounce could occur in pushing price up to 264.42 resistance (Multiple Fibonacci retracements, horizontal swing high resistance). Stochastic (21,5,3) is seeing strong ascending support hold up our bullish momentum […]