Filtered by date: 23.02.2018. Clear
  • 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 […]