Filtered by date: 13.03.2018. Clear
  • Does EIA data put pressure on the Oil?

    WTI and Brent futures declined in the last Asian session and then further receded to the opening levels as traders stand pat ahead of EIA commercial reserves data.

  • Ripple approaching support, potential to bounce strongly!

    XRPUSD is approaching major support at 0.7339 (Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push prices all the way up to 0.8320 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 2.8% and a corresponding bounce could occur above this level. Trading […]

  • NZDUSD approaching strong resistance where a reversal could occur.

    NZDUSD is fast approaching strong resistance at 0.7341 (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push prices down to 0.7250 support (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance at 93% where a corresponding reaction could occur. Trading CFDs on […]

  • EURUSD approaching strong resistance, prepare for a potential reaction.

    EURUSD is approaching strong resistance at 1.2365 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push prices down to major support at 1.2165 (Fibonacci extension, major horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at 95% and a corresponding reaction could occur at this level. Trading […]

  • AUDUSD testing major resistance, potential drop!

    AUDUSD is testing major resistance at 0.7890 (Fibonacci retracement, horizontal overlap resistance, bearish divergence) and a strong reaction could occur from here to push prices down to 0.7775 (Fibonacci retracement, horizontal swing low support, Fibonacci extension). Stochastic (55,5,3) is seeing major resistance at 95% and a corresponding reaction could occur at this level. Trading CFDs […]