Filtered by date: 24.05.2018. Clear
  • An insight to the Federal Reserve’s meeting minutes and its impact on the US markets

    Today we will be discussing Federal Reserve’s meeting minutes, its impact on the US debt market, namely, bonds with different maturities and trade negotiations with China.

  • Summary

    Today we are seeing a nice setup on CHFJPY as it bounced off our first support and we are expecting a further rise to our major resistance target. We are also seeing a nice setup on EURUSD as it is testing our first resistance and we are expecting a drop from this level to our […]

  • CHFJPY testing support, potential rise!

    CHFJPY is testing our first support at 110.07 (horizontal swing low support, 61.8% Fibonacci retracement , 61.8% Fibonacci extension, Elliot wave structure) where price might potentially rise to its first resistance at 110.67 (horizontal overlap resistance, 38.2% Fibonacci retracement ). Stochastic (55,5,3) is also approaching support and a bounce off this level might see further […]

  • AUDCAD testing resistance, potential drop!

    AUDCAD is testing our first resistance at 0.9717 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.9644 (horizontal pullback support, 50% Fibonacci retracement). Stochastic is also seeing a bearish divergence and is approaching resistance where a reaction off this level […]

  • EURUSD testing resistance, potential drop!

    EURUSD is testing our first resistance (horizontal pullback resistance) at 1.1719 and a strong reaction might occur below this level pushing price down to our major support at 1.1556 (horizontal swing low support). RSI is also approaching our resistance and a reaction off this level might be a good precursor for a potential drop in […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1301.3 (horizontal pullback resistance, 38.2% 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 1283.99 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with […]

  • EUR/USD is approaching important levels!

    We ponder whether EUR/USD is going to correct itself and if oil is going to head up or down.