Filtered by date: 10.01.2018. Clear
  • The first market overview of the year

    Let´s take a look how the year has started and what the first week brought to the market.

  • AUDUSD has broken major support!

    AUDUSD has broken a strong ascending support-turned-resistance line triggering a major bearish move. Our resistance is at 0.7835 (overlap resistance, pullback resistance, breakout resistance) and a possible drop could push price down to at least 0.7731 (38.2% Fibonacci retracement, horizontal support). Stochastic (55,5,3) is seeing a recent bearish breakout of its ascending support-turn-resistance line as […]

  • USDJPY hovering above major support, watch for a bounce!

    USDJPY is hovering over major support at 112.02 (Fibonacci extension, Fibonacci retracement, bullish alternate bat harmonic formation) and a strong bounce could occur at this level to push price up towards 112.93 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 2.9% where a corresponding bounce could occur. Trading CFDs on […]

  • Bitcoin testing major support, possible upcoming bounce!

    Bitcoin is testing major support at 14200 (61.8% Fibonacci retracement, horizontal overlap support, bullish divergence) and a possible bounce could occur at this level. However there’s strong descending resistance holding price down really well. Only a clean break of this resistance level would add conviction to the rise we’re expecting. RSI (34) sees bullish divergence […]

  • EURAUD back to resistance, possible reversal

    EURAUD is now back to testing major resistance at 1.5285 (38.2% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal pullback resistance). Price could not break through this level since yesterday and price action seems to be stalling around this area. A possible drop could occur at this level in line with our bearish channel to push price […]