Filtered by date: 11.06.2018. Clear
  • The greenback experiences a decline following the G7 meeting

    The results of the weekend’s G7 meeting were completely unsatisfactory for Trump

  • EUR/USD is going up!

    We discuss where the currency pair EUR/USD is going to head and why the rate of EUR/CAD is likely to drop.

  • Summary

    Today we are seeing a nice setup on EURUSD as it is approaching our first resistance where we expect a drop below this level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. Stochastic is also approaching our resistance and a reaction off this level might see a potential […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3040 (horizontal swing high resistance, 61.8% Fibonacci extension) and price might potentially drop below this level to our major support at 1.2898 (horizontal overlap support, 76.4% Fibonacci retracement, short term ascending support line). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. […]

  • GBPUSD approaching support, potential bounce!

    GBPUSD is approaching our first support at 1.3370 (horizontal swing low support, 38.2% Fibonacci retracement) which coincides with our short term ascending support line where a strong bounce might occur, pushing price up to our major resistance at 1.3466 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Ichimoku cloud is also showing signs […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7612 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and is testing our short term ascending pullback resistance line where price might potentially drop to our major support at 0.7561 (horizontal swing low support). RSI (55) is approaching our resistance and a reaction off this level might […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1826 (horizontal overlap resistance, 61.8% Fiboancci retracement) and price might potentially fall to our major support at 1.1646 (horizontal overlap support, 61.8% Fibonacci retracement). A breakout below our intermediate support at 1.1729 (horizontal overlap support, 38.2% Fibonacci retracement) might provide the bearish acceleration to our major support target. […]