Filtered by date: 07.05.2018. Clear
  • Summary

    Here are some of our nice calls previously: 1. XAUUSD is bouncing perfectly up our first support to hit our intermediate resistance, a breakout above this level might provide the bullish acceleration to our major resistance target: 2. AUDJPY dropped nicely below our first resistance to hit our major support target:   3. GBPUSD dropped […]

  • EURCHF approaching support, watch for breakout!

    EURCHF is testing our short term ascending support line and facing bearish pressure from our short term descending resistance line. A breakout below our ascending support line and our first support at 1.1937 (horizontal swing low support, 23.6% Fibonacci retracement) might provide the bearish acceleration to our major support at 1.1889 (horizontal swing pullback support, […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.54 (horizontal swing low support, 23.6% Fibonacci retracement) 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 85.75 (horizontal swing high resistance, 100% Fibonacci retracement). Stochastic is also seeing a bullish divergence […]

  • AUDJPY bouncing off support, further potential rise!

    Price is bouncing off our first support at 81.89 (horizontal overlap support, 61.8% Fibonacci retracement) which coincides with our short term ascending support line. A further rally might occur above this level, pushing price up to our major resistance at 82.59 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish […]

  • USDJPY testing support, potential bounce!

    Price is testing our first support at 108.76 (horizontal swing low support, 23.6% Fibonacci retracement) 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 110.33 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major support […]

  • EUR/USD: Ready for downtrend or correction?

    We ponder what EUR/USD and AUD/USD are up to.