Filtered by date: 04.07.2018. Clear
  • USD and GBP retain an upbeat mood

    US factory and capital goods numbers for May were released on Wednesday, showing that US firms are in no hurry to give up on their investments and continue to increase capital spending.

  • Summary

    Today we are seeing a nice setup on USCAD as it is approaching support which coincides with our short term ascending support line, Fibonacci retracement and Fibonacci extension where we are expecting a bounce above that level. We are also seeing a nice setup on NZDUSD as it is testing our resistance and we are […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1724 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.1590 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance line and we might see a […]

  • CHFJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 112.36 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 110.26 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance where […]

  • NZDUSD approaching resistance, potential drop!

    Price is approaching our first resistance at 0.6788 (horizontal swing high resistance, 23.6%, 38.2% Fibonacci retracement, 100% Fibonacci extension, resistance of bearish channel) and a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is approaching its resistance and […]

  • USDCAD approaching support, potential bounce!

    Price is approaching our first support at 1.3053 (horizontal pullback support, 61.8% Fibonacci extension, 23.6%, 38.2%, Fibonacci retracement) which coincides with our short term ascending support line, and a strong bounce might occur above this level pushing price up to our major resistance at 1.3222 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is […]