Filtered by date: 13.04.2018. Clear
  • Are the trade wars ending?

    Imports in March exceeded expectations, which somewhat softened investors’ reaction to the data, suggesting that domestic demand could mitigate economic shock, in particular, the trade conflict with the US.

  • CHFAUD is approaching support, potential bounce!

    CHFAUD is approaching our first support at 1.3304 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3601 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching our major support and is seeing a bullish divergence, […]

  • EURJPY is approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 133.04 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 130.02 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout below our intermediate support level at 131.78 (horizontal overlap support, 61.8% Fibonacci […]

  • USDJPY reacted off resistance, further potential drop!

    Price reacted off our first resistance at 107.49 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 107.05 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and […]

  • EURUSD approaching support, potential rise!

    Price is approaching our first support at 1.230 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur, pushing price up to our major resistance at 1.2421 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). A breakout above our intermediate resistance at 1.2378 (horizontal swing high resistance, 61.8% […]