Filtered by date: 21.05.2018. Clear
  • Asian markets rise while US and China strike a deal

    Asian markets rose on Monday amid news that China and the United States managed to ward off the threat of a trade war, striking a peaceful deal. Minister of Finance, Stephen Mnuchin, shared with investors the joyful news on Sunday that the countries agreed not to fence off each other with tariffs and are now in the process of working out a more detailed agreement on trade cooperation.

  • Is USD/JPY about to go down?

    We discuss where Japanese yen is about to head next and why the cross-rate of NZD/JPY is likely to go up. We also discuss the current state of Bitcoin.

  • CADJPY testing major resistance, prepare for a potential reversal!

    GBPJPY is testing major resistance at 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 147.14 (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below 94% where a corresponding reaction could occur. […]

  • CADCHF testing major support, prepare for a potential bounce!

    CADCHF is testing major support at 0.7716 (Fibonacci retracement, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to push prices all the way up to major resistance at 0.7851 (Fibonacci extension, horizontal swing high resistance). Stochastic (55,5,3) is seeing major support above 6.4% where a corresponding […]

  • AUDCAD approaching major resistance, watch for a potential drop!

    AUDCAD is fast approaching major resistance at 0.9705 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 0.9644 (Fibonacci retracement, horizontal pullback support). Stochastic (89,5,3) is seeing major resistance at 91% where a corresponding reaction could occur. […]