Filtered by date: 05.04.2018. Clear
  • Calm before the storm

    The dollar recouped some losses against the yen on Thrursday morning amid the recovery of the US stock market after the selloff.

  • Is USD/JPY about to head North?

    We ponder what’s going to happen with the EUR/USD and the Japanese currency.

  • XAUUSD testing support, potential bounce!

    Price is testing our first support at 1328.73 (horizontal overlap support, 76.4% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might occur above this level to push price up to our major resistance at 1340.80 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching our major support […]

  • EURJPY testing resistance, watch for potential drop!

    EURJPY is testing our first resistance at 131.35 (horizontal swing high resistance, short term descending resistance line, 78.6% Fibonacci retracement). A strong reaction might occur at this level, pushing price down to our major support at 130.52 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major […]

  • USDJPY testing resistance, watch for potential drop!

    Price is approaching our first resistance at 107.12 (61.8%, 100% Fibonacci extension, horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 106.16 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (21,5,3) is approaching our major resistance and we might see a […]

  • AUDJPY approaching resistance, watch for breakout!

    AUDJPY is approaching our first resistance at 82.50 (horizontal overlap resistance, 50% Fibonacci retracement). A breakout above this level might cause a strong rally up to our second resistance at 83.56 (horizontal pullback resistance, 76.4% Fibonacci retracement). Price also broke the long term descending resistance-turned-support line and we are also seeing a bullish exit from […]