Filtered by date: 03.04.2018. Clear
  • China is firing warning shots

    The Chinese government will respond “in the same proportion” if the US continues to aggravate the situation in mutual trade.

  • USDJPY approaching support, potential rise!

    USDJPY is approaching our first support at 105.55 (61.8% Fibonacci retracement, 100% Fibonacci extension). A strong bounce might occur at this level, pushing price up to our major resistance at 106.12 (38.2% Fibonacci retracement, Horizontal pullback resistance). Stochastic (21,5,3) is also approaching its major support at 12%, in line with the potential downside before price […]

  • DXY reacted off resistance, potential for further drop!

    DXY is reacting off our major resistance at 90.16 (61.8%, 78.6% Fibonacci retracement, Horizontal swing high resistance) which coincides with our short term descending resistance line. A strong reaction might occur at this level, pushing price down to our major support at 89.26 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, Horizontal swing low support). RSI (89) […]

  • BTCUSD watch for potential breakout!

    BTCUSD is approaching our first resistance at 7227.6 (Horizontal overlap resistance, 100% Fibonacci extension). Should price surpass this level, a strong rally might occur pushing price up to our second resistance at 8280.0 (horizontal overlap resistance, 38.2%, 76.4% Fibonacci retracement, 100% Fibonacci extension). RSI (34) is also seeing a bullish exit along with a bullish […]

  • XAUUSD reacted off resistance, potential drop!

    XAUUSD has reacted off its resistance at 1341.91 (horizontal overlap resistance, 61.8% Fibonacci retracement, price action). A strong reaction might occur at this level pushing price down to our major support at 1328.43 (horizontal pullback support, 76.4% Fibonacci retracement). Stochastic (21,5,3) is also reacting off its major resistance at 97%, a good precursor of a […]