Filtered by date: 04.04.2018. Clear
  • EURUSD reacting off resistance, further potential drop!

    EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal swing low support). RSI (89) is also approaching our descending resistance line and a reaction of this level might be a good precursor of […]

  • CHFAUD approaching support, potential bounce!

    CHFAUD is approaching our first support at 1.3510 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong bounce might occur at this level, pushing price up to our major resistance at 1.368 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching our major support and a […]

  • GBPUSD reacted off resistance, further potential drop!

    GBPUSD reacted off our resistance at 1.4096 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance). A strong reaction might occur at this level, pushing price down to our major support at 1.4013 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension,). RSI (55) is also facing bearish pressure from its major descending […]

  • DXY testing support, potential rise!

    DXY broke out of our descending resistance. A strong rally might occur above 90.08, pushing price up to our major resistance at 90.46 (horizontal swing high resistance, 76.4% Fibonacci retracement 100% Fibonacci extension). RSI (89) is also facing bearish pressure from our major descending resistance line and a breakout of this level might be a […]