Filtered by date: 31.07.2018. Clear
  • BoJ July meeting review

    Evidently having learnt from the Fed’s 2013 experience, the Japanese regulator was very cautious in its policy updates today.

  • Summary

    Today we are seeing a nice setup on AUDCAD as it is approaching resistance where we are expecting a drop below that level. We are also seeing a nice setup on USDCHF as it is approaching support where we are expecting a bounce above this level. 1. CADCHF dropped perfectly to hit our major support […]

  • AUDCHF approaching support, potential bounce!

    Price is approaching our first support at 0.7316 (Horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7392 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching support and a […]

  • USDCHF approaching support, potential bounce!

    Price is approaching our first support at 0.9857 (Horizontal swing low support, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9904 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support and a bounce off this level […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.97072 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) where price might potentially drop to our major support at 0.9633 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs on margin […]

  • EURCAD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.5321 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 1.5173 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a […]

  • Key metrics in the market value of the technology sector appear to be deteriorating

    Asian stock indexes closed in red on Monday, influenced by a combination of external risks.

  • What is EUR/USD up to?

    We wonder what EUR/USD is going to do next and discuss what USD/RUB is currently up to.

  • Summary

    Today we are seeing a nice setup on CHFJPY as it is testing our first support which coincides with a fibonacci retracement and fibonacci extension where we expect a bounce above this level. We are also seeing a nice setup on EURCHF as it is approaching our first resistance where we expect a drop below […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7632 (horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 0.7534 (horizontal swing low support, 50% fibonacci retracement, 100% fibonacci extension). A breakout below our intermediate support at 0.7588 (horizontal […]

  • GBPCHF approaching resistance, potential drop!

    GBPCHF is approaching our first resistance at 1.3093 (horizontal overlap resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 1.2986 (horizontal swing low support). A breakout below our intermediate support at 1.3020 (horizontal swing low support, 76.4% fibonacci retracement) might […]

  • CHFJPY approaching support, potential bounce!

    Price is approaching our first support at 111.31 (horizontal overlap support, 38.2%, 61.8% fibonacci retracement, 100% fibonacci extension) which coincides with our long term ascending support line where a strong bounce might occur pushing price up to our major resistance at 113.15 (horizontal swing high resistance, 61.8% fibonacci extension). Stochastic (89,5,3) is approaching support and […]

  • EURCHF approaching resistance, potential drop!

    EURCHF is approaching our first resistance at 1.1629 (horizontal overlap resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 1.1537 (horizontal swing low support, 100% fibonacci extension, 76.4% fibonacci retracement). RSI (55) is also seeing a bearish exit and we […]

  • Key economic events and reports in the upcoming week

    Monday, July 30, 2018 – Pending Home Sales (MoM) (Jun)(USD).

  • Quitting from NATO may be not so easy for Trump

    Four US senators have drafted a bill that will limit ability of President Donald Trump to withdraw the US from NATO without the prior approval of the upper house of Congress, writes the Washington Post.