Filtered by date: 20.04.2018. Clear
  • Is the demand of Smartphones falling?

    Asian shares fell on Friday. The technology sector became the leader of losses, while the rapid growth of energy prices strengthened inflation expectations, which put additional pressure on stock markets and government bonds.

  • EURAUD broke out of resistance, further potential rise!

    EURUAD broke out of short term descending resistance-turned-support line and is approaching our first support at 1.5959 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement). A strong bounce could occur above this level, pushing price up to our major resistance at 1.6123 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension). Ichimoku cloud is […]

  • AUDNZD is approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0671 (horizontal swing high resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.0603 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level […]

  • NZDUSD approaching support, potential bounce!

    Price is approaching our first support at 0.7244 (horizontal overlap support, 61.8% Fibonacci retracement) and it might trigger a strong bounce above this level, pushing price up to our major resistance at 0.7375 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major support and we might see a corresponding rise […]

  • EURUSD testing support, potential bounce!

    Price is testing our first support at 1.234 (horizontal overlap support, 61.8% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.2395 (horizontal swing high resistance, 100% Fibonacci extension). Stochastic (55,5,3) is also seeing a bullish divergence, a good precursor for a potential rise in price. […]