Filtered by date: 03.05.2018. Clear
  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8101 (horizontal pullback resistance, breakout level) and a strong reaction might occur below this level, pushing price down to our major support at 1.7980 (horizontal pullback support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish bias. […]

  • GBPUSD approaching resistance, potential drop!

    GBPUSD broke out of its long term ascending support-turned-resistance line and is approaching our first resistance at 1.3653 (horizontal swing high resistance). A strong reaction might occur below this level, pushing price down to our major support at 1.3461 (horizontal overlap support, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure, in […]

  • Summary

    Here are some of our nice calls previously: 1. EURJPY dropped perfectly from our first resistance and is well on its way to our first support: 2. We caught the breakout out EURAUD perfectly as it dropped from our first support-turned-resistance and hit our major support target: 3. AUDNZD also bounced perfectly from our first […]

  • EURAUD testing support, potential bounce!

    Price is testing our first support at 1.5925 (horizontal pullback support, 61.8%, 76.4% Fibonacci retracement) which coincides with our long term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.6003 (horizontal overlap resistance, 38.2% Fibonacci retracement) which coincides with the short term descending resistance […]

  • USDCAD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.2896 (horizontal swing high resistance, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.2816 (horizontal swing low support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching our major resistance and a reaction off this […]