Filtered by date: 09.02.2018. Clear
  • Investors are hoping for a market recovery

    The yields on 10-year treasury bonds have peaked, first time since mid-2013 (when they were on the basic risk-free rate). This will lead to higher borrowing costs in the corporate debt market.

  • NZDUSD testing major support, upcoming potential bounce!

    NZDUSD is testing major support at 0.7185 (Fibonacci retracement, horizontal overlap support, Elliott wave structure) and a strong bounce could occur at this level to drive price up to at least 0.7276 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (34,5,3) is seeing major support above 5.4% where a corresponding bounce could occur. Trading CFDs on […]

  • GBPAUD testing major resistance, watch for a reversal

    GBPAUD is testing major resistance at 1.7974 (Fibonacci extension, horizontal swing high resistance, bearish price action, bearish divergence) and a strong reaction could occur at this level to drive price down to 1.7439 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 96% and a corresponding reaction could occur at […]

  • EURUSD forming a double top reversal, watch for potential drop!

    EURUSD has formed a really nice double top reversal setup and this could drive price all the way down to 1.2083 major support (Fibonacci retracement, horizontal pullback support). Our 1st level of resistance is at 1.2333 (Fibonacci retracement, horizontal overlap resistance, double top breakout level) and we have to watch for a pullback to this […]

  • CHFJPY on major support, prepare for a possible bounce!

    CHFJPY is testing major support at 115.89 (Fibonacci retracement, horizontal overlap support, Fibonacci extension, Elliott wave structure) and a bounce could occur at this level to drive price up to at least 117.05 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (55,5,3) is seeing major support above 1.5% where a corresponding bounce could occur. Trading CFDs […]