Filtered by date: 06.04.2018. Clear
  • Is NFP losing its former appeal?

    The key event today is undoubtedly the NFP report. After the explosive expansion of the US labour market in February, which more than 300,000 jobs, March figures promise to be more modest.

  • AUDUSD approaching support, potential rise!

    AUDUSD is approaching our first support at 0.76555 (horizontal swing low support, 61.8% Fibonacci retracement, short term ascending support line). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7726 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension). RSI (89) is bouncing above our long […]

  • CADCHF approaching first resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7562 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 0.7429 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is reacting off […]

  • AUDJPY approaching first resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.59 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction could occur at this level pushing price down to our major support at 81.94 (horizontal overlap support, 38.2% Fibonacci retracement). A breakout below our short term ascending support line might provide the bearish acceleration to our […]

  • NZDUSD watch for potential rise as it approaches support!

    Price is approaching our first support at 0.7248 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.7294 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support which might be a good […]