Filtered by date: 29.06.2018. Clear
  • Summary

    Today we are seeing a nice setup on USDCHF as it is approaching or first resistance which coincides with our Fibonacci retracement where we expect a drop to occur below this level. Stochastic is also seeing a bearish divergence in line with our bearish bias. We are also seeing a nice setup on CHFJPY where […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6778 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 0.6670 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing sign of bearish pressure in line with our bearish bias. RSI […]

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 111.41 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 110.24 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance line and we might […]

  • AUDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 81.94 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 80.73 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance where we might see a […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9990 (horizontal swing high resistance, 76.4% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 0.9923 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bearish divergence and is approaching its resistance […]

  • What is the index of STOXX 50 up to?

    We discuss what the index of STOXX 50 will be up to in the upcoming weeks and what traders should pay attention to when analyzing the chart of WTI oil.

  • Summary

    Today we are seeing a nice setup on USDCAD as it is approaching or first resistance which coincides with our Fibonacci retracement and Fibonacci extension level where we expect a drop to occur below this level. We are also seeing a nice setup on AUDNZD where we expect a further rise up to our major […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9989 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.9861 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance we might see […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 127.577 (horizontal pullback resistance, short term ascending pullback resistance line, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 126.62 (horizontal swing low support, 61.8% Fibonacci extension). RSI (34) is also facing bearish pressure from our descending […]

  • USDCAD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.3387 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.3069 (horizontal pullback support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching its resistance and a reaction off […]

  • AUDNZD approaching support, potential bounce!

    Price is approaching our first support at 1.0775 (horizontal overlap support, 38.2% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.0953 (horizontal swing high resistance, 61.8% Fibonacci extension). A breakout above our intermediate resistance at 1.0899 (horizontal swing high resistance, 78.6% Fibonacci retracement) might […]

  • Summary

    Today we are seeing a nice setup on USDCHF as it is approaching or first resistance which coincides with our Fibonacci retracement and Fibonacci extension level where we expect a drop to occur below this level. We are also seeing a nice setup on USDJPY where it is approaching our first resistance where we expect […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8084 (horizontal swing high resistance, 61.8% Fibonacci retracement, 161.8%, 100% Fibonacci extension, Elliot wave structure) and a strong reaction might occur below this level, pushing price down to our major support at 1.7769 (horizontal overlap support, 50% Fibonacci retracement). A breakout below our short term ascending line might […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1626 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above that level pushing price up to our major resistance at 1.1723 (Horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also bouncing off our support and we […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9918 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.9827 (horizontal overlap support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). A breakout below our intermediate support at 0.9856 (horizontal swing low […]