Filtered by date: 07.06.2018. Clear
  • Single currency is facing resistance!

    We discuss what is the pair EUR/USD up to and where New Zealand Dollar is going to head.

  • Summary

    We see a nice set up today for AUDCAD where it is approaching its major resistance where it could potentially react off from, pushing it back down to its major support. Stochastic is testing its resistance as well. Another nice set up today would be the CHFJPY as we see it breaking out of its […]

  • CHFJPY breaking out of its ascending channel!

    CHFJPY is breaking out of its ascending channel where if it breaks past its first support at 111.42 (horizontal overlap resistance, it could confirm a move down to its next support at 110.82 (38.2% Fibonacci retracement, horizontal swing low support). RSI (34) is also breaking out of its ascending line which contributes to our bearish […]

  • UKOIL approaching support, potential bounce!

    UKOIL is approaching its support at 75.01 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where it could potentially rise to its resistance at 78.14 (100% Fibonacci extension, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. […]

  • CADJPY testing support, potential bounce!

    CADJPY testing its support at 84.94 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance t 85.83 (horizontal overlap resistance). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDCAD approaching its resistance, potential reversal!

    AUDCAD is approaching resistance at 0.9961 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse from, causing price to fall to its support at 0.9839 (horizontal pullback support). Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reaction could occur. Trading CFDs on margin carries high risk. […]