Filtered by date: 12.04.2018. Clear
  • Will EUR force EBC to slow down?

    The expansion pace of the Eurozone production activity was weaker than expected in February, as growth in the energy sector could not compensate the production decline in consumer goods and capital goods.

  • Is USD/RUB about to head up?

    We discuss the new levels that formed after the explosive growth of the Russian currency and ponder where the pair EUR/GBP is about to head next.

  • USDCHF testing support, potential rise!

    USDCHF is testing our first support at 0.9578 (horizontal overlap support) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.9667 (horizontal swing high resistance, 61.8% Fibonacci extension). RSI (55) has also bounced off its major support which might be a good precursor for a potential rise […]

  • NZDUSD testing resistance, potential drop!

    NZDUSD is testing our first resistance at 0.7375 (horizontal overlap resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 0.7248 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line. Stochastic (55,5,3) is […]

  • AUDUSD testing resistance, potential drop!

    AUDUSD is testing our first resistance at 0.7774 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.7650 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance and is a good precursor for a potential […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 106.655 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 107.13 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). RSI (55) is also approaching our ascending support line and a bounce […]