Filtered by date: 04.05.2018. Clear
  • The U.S. economy on steady growth track

    The pace of job growth in the US economy probably improved in April compared with March, as the effect of seasonal factors came to naught.

  • Summary

    Today we are seeing a nice setup on EURAUD as it is approaching our short term ascending support line and is testing our first support where we expect a bounce off that level. Stochastic is also seeing a bullish divergence in line with our bullish bias. AUDJPY is also approaching our resistance and we are […]

  • USDJPY testing support, watch for breakout!

    USDJPY is testing our first support at 109.01 (horizontal swing low support, 23.6% Fibonacci retracement). A breakout below this level might cause a strong reaction to occur, pushing price down to our major support at 107.92 (horizontal pullback support, 38.2%, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure, in line with […]

  • XAUUSD approaching support, potential bounce!

    XAUUSD is testing our first support at 1310.48 (horizontal overlap support, breakout level). A strong bounce might occur above this level, pushing price up to our major resistance at 1325.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). A breakout above our intermediate resistance at 1318.17 (horizontal swing high resistance, 23.6% Fibonacci retracement) […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.58 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 81.83 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) which coincides with our short term ascending support line. Ichimoku […]

  • EURAUD testing support, potential bounce!

    EURAUD is approaching our first support at 1.5881 (horizontal swing low support, 100% Fibonacci extension) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.5966 (horizontal overlap resistance, 38.2%, 50% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish […]

  • The Other Side of the Bitcoin

    Bitcoin’s popularity has reached a fever pitch in the past year and has come under unprecedented scrutiny given its astonishing rise in value.