Filtered by date: 08.06.2018. Clear
  • China’s exports growth indicates a stability of the foreign demands for products

    China’s exports in May grew by 12.6% in annual terms and slowed down compared to April, indicating stability of the foreign demand for products of the second largest economy in the world.

  • Summary

    We see a nice set up today for NZDUSD as it is testing its major resistance where it could potentially react off from, pushing it back down to its major support. Stochastic has made a bearish exit of its ascending support line which contributes to our bearish bias. Another nice set up today would be […]

  • BTCUSD testing resistance, potential reversal!

    BTCUSD is testing its resistance at 7738 (23.6% Fibonacci retracement, horizontal swing high resistance) where price could fall to its support at 7529 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 90% where a corresponding reversal could occur. Trading CFDs on margin carries high risk. Losses can […]

  • NZDJPY broke out of its support turned resistance!

    NZDJPY broke past its support turned resistance at 77.41 (horizontal overlap resistance) where price could potentially fall further to its major support at 76.49 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop down could occur. Trading CFDs on margin carries high risk. Losses […]

  • NZDUSD reversed off resistance, potential further drop!

    NZDUSD reversed off its resistance at 0.7046 (100% Fibonacci extension, horizontal overlap resistance) where it could potentially fall to its next support at 0.6986 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has made a bearish exit from its ascending support line which contributes to our bearish bias. Trading CFDs on margin carries […]

  • EURUSD reversed off resistance, potential drop!

    EURUSD reversed off its resistance at 1.1837 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1.1647 (horizontal overlap support). Stochastic (55, 5, 3) has also reversed off its resistance at 96% where a corresponding drop could occur. Trading CFDs on margin carries high risk. Losses can […]