Filtered by date: 26.02.2018. Clear
  • How long will the Euro high last?

    Capital outflows from the European stock market caused the Euro to rise against other currencies, while the Dollar declined due to the rally in bond demand and optimism in the stock market.

  • Is EUR/USD about to go down?

    We discuss what EUR/USD is up to, as well as ponder current state of the index S&P 500 and Russian Ruble.

  • EURUSD breaking out of long term support, potential for a big drop!

    EURUSD has broken major ascending support line triggering a potential drop. Our 1st resistance is at 1.2360 (Fibonacci retracement, breakout level) and a strong drop could occur from here to push price down to 1.2083 support (Fibonacci retracement, horizontal pullback support). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so […]

  • Etherium target reached perfectly, prepare for another reversal!

    Etherium has dropped perfectly to our major support previously. We now forecast it to make a recovery to 910 resistance where another reaction could occur (Fibonacci retracement, horizontal overlap resistance, descending resistance momentum). Our major support is at 781 (Fibonacci retracement, Fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is seeing major resistance below 96% […]

  • USDCAD testing major resistance, potential upcoming reversal!

    USDCAD is testing major resistance at 1.2755 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance, fake bullish exit) and a strong reaction could occur from here to push price down to 1.2448 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is reacting nicely off our 95% resistance with good downside potential. Trading CFDs on margin […]

  • Silver starting to break out nicely, watch for strong bullishness!

    Silver (XAGUSD) has broken out of our long term descending resistance-turned-support line signaling that there’s strong potential bullishness. Our 1st major support is at 16.66 (Fibonacci retracement, horizontal overlap support, breakout level) and a strong rise could occur from here to push price all the way up to 16.92 resistance (Fibonacci retracement, horizontal swing high […]

  • Bund has made a bullish exit, potential for further rise!

    Bund has made a bullish exit and sees major support at 159.26 (Fibonacci retracement, horizontal overlap support). A strong rise could occur from here pushing price up to 160.65 resistance (Fibonacci retracement, horizontal pullback resistance). RSI (34) has made a bullish exit signaling that there’s a change in momentum from bearish to bullish. Trading CFDs […]

  • AUDUSD testing major resistance, prepare for a potential reversal!

    AUDUSD is testing major resistance at 0.7867 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) and a strong reaction could occur at this level to push price down to 0.7804 support (Fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is seeing major resistance at 92-98% where a corresponding reaction could occur. Trading CFDs on margin […]