Filtered by date: 15.05.2018. Clear
  • Asian shares retreat amid a risk-off climate

    The shares of Asian firms switched from rally to slump on Tuesday, rejecting the Wall Street offer to follow its bull lead.

  • Summary

    Today we are seeing a nice setup on USDCAD as it is approaching our resistance which coincides with a Fibonacci extension level and we are expecting a drop to occur below that level. We are also seeing a nice setup on EURCHF as it is approaching broke out of our short term ascending support line […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1315.07 (horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1308.61 (horizontal swing low support, 161.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish bias. RSI […]

  • EURCHF approaching resistance, potential drop!

    EURCHF broke out of our short term ascending support line and is approaching our first resistance at 1.1941 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.1867 (horizontal swing low support, 100% Fibonacci extension). A breakout below our […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.2815 (horizontal overlap resistance, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.2729 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 1.2761 (horizontal swing low support, 61.8% Fibonacci retracement) might provide […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.007 (horizontal overlap resistance, 50% Fibonacci retracement) 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 0.9957 (horizontal swing low support, 100% Fibonacci extension. RSI (89) is also testing our major resistance […]