• GBPUSD approaching resistance, potential drop!

    GBPUSD is approaching our first resistance at 1.3238 (horizontal overlap resistance, 61.8% extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3105 (61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin […]

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.5224 (horizontal swing high resistance, 61.8% extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.5108 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a […]

  • EURNZD approaching support, potential bounce!

    EURNZD is approaching our first support at 1.6230 (horizontal overlap support, 50% fibonacci retracement, 61.8% fibonacci extension) where a strong bounce to our major resistance at 1.6712 (horizontal swing high resistance, 50% fibonacci retracement, 61.8% fibonacci extension) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs […]

  • Summary

    We are seeing a nice setup on GBPUSD and EURCAD as it is approaching resistance where we are expecting a drop below this level. GBPNZD reversed perfectly below our first resistance to hit our major support target: https://www.tradingview.com/chart/GBPNZD/7ywC9VuB-GBPNZD-approaching-resistance-potential-drop/

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3468 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.3340 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • GBPNZD approaching resistance, potential drop!

    GBPNZD is approaching our first resistance at 1.9272 (horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.9087 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7079 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7046 (horizontal overlap support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. […]

  • EURCHF approaching resistance, potential drop!

    EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182. Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so […]

  • Summary

    We are seeing a nice setup on USDCAD and AUDCHF as it is approaching resistance where we are expecting a drop below this level. EURCAD dropped perfectly from our first resistance: https://www.tradingview.com/chart/EURCAD/xy0ZDaCs-EURCAD-approaching-resistance-potential-drop/

  • Key economic events and reports of the upcoming week

    Monday, March 25, 2019 – German Ifo Business Climate Index(EUR).

  • EU Tusk: All options possible for UK’s future with EU

    EU leaders agreed on an extension of the Brexit deadline for two weeks, till April 12, if the UK Prime Minister May fails to secure support from the parliament for her deal with Brussels.

  • Small-Cap vs. Large-Cap Stock Rotation: How it can predict a slump in the US economy?

    Fed Policymakers confirmed their marked shift in tone after their meeting on Wednesday, with a downward revision of inflation and GDP forecasts, as well as significant downgrade of the dot plot.

  • GBPCHF approaching support, potential bounce!

    GBPCHF is approaching our first support at 1.2852 (horizontal swing low support, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur above this level to our first major resistance at 1.3057 (horizontal pullback resistance, 38.2% fibonacci retracement). Stochastic (34,,53) is also approaching resistance where we might see a corresponding drop in price. […]

  • NZDCAD approaching resistance, potential drop!

    NZDCAD is approaching our first resistance at 0.9236 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.9074 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding […]