Filtered by date: 10.04.2018. Clear
  • Relief rally on the market

    Risk appetite returned to the markets on Tuesday, as the conciliatory tone of Hee at the economic forum in China allowed to believe in the retreat of global risks.

  • EURAUD approaching support, potential bounce!

    Price is approaching our first support at 1.5873 (horizontal swing low support, 61.8% Fibonacci extension) which coincides with our long term ascending support line. A strong bounce might occur at this level, pushing price up to our major resistance at 1.6072 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). RSI (89) is also […]

  • USDCAD testing support, potential rise!

    Price is testing our first support at 1.2684 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.2837 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support and a bounce off this level might […]

  • USDX testing support, potential rise!

    Price is testing our first support at 89.77 (Horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci retracement) and a strong bounce might occur at this level, pushing price up to our major resistance at 90.28 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major support and we […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 132.41 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur at this level, pushing price down to our major support at 131.11 (horizontal swing low support, 50% Fibonacci retracement, short term ascending support line). Stochastic (55,5,3) is also seeing a bearish […]