Filtered by date: 09.05.2018. Clear
  • Are gold and silver ready to go down?

    We discuss what gold and silver are about to do whilst dollar is going strong.

  • Oil prices soar after U.S. quits Iran nuclear deal

    The Asian refineries are looking for ways to replace Iranian oil, since the U.S. withdrawal from the nuclear agreement with Iran will mean new sanctions and a significant reduction in Iran’s presence in the oil market.

  • Summary

    Today we are seeing a nice setup on CADJPY as it is approaching our short term descending resistance line and first resistance. A strong reaction might occur at this level, pushing price down to our major support. Stochastic is also approaching our resistance and we might see a corresponding drop in price. 1. EURCHF dropped […]

  • CADJPY is testing resistance, potential drop!

    CADJPY is testing our first resistance at 84.60 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 83989 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (34,5,3) is also approaching […]

  • GBPAUD testing resistance, potential drop!

    GBPAUD is testing our first resistance at 1.8208 (horizontal swing high resistance, 50%, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.7933 (horizontal swing low support). RSI is also approaching our major resistance where a reaction off that level might be a good precursor […]

  • EURJPY testing resistance, potential drop!

    EURJPY is approaching our first resistance at 129.89 (horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 129.00 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 129.25 (horizontal swing low support) might provide the bearish […]

  • EURAUD testing resistance, potential drop!

    Price is testing our first resistance at 1.5955 (horizontal overlap resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.5854 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (21,5,3) is also approaching our resistance and we might see a corresponding drop […]