Filtered by date: 20.07.2018. Clear
  • Markets see a Yuan depreciation while Dollar declines following Trump’s statements

    The Chinese government gave the green light for a controlled yuan depreciation, refraining from aggressive interventions.

  • Summary

    Today we are seeing a nice setup on CADCHF as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on USDJPY where it is approaching our first resistance where we expect a drop below this level. 1. CHFJPY reversed nicely below our first resistance […]

  • USDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 113.80 (horizontal swing high resistance, 61.8% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 111.35 (horizontal pullback support, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and a reaction below this level […]

  • EURCHF approaching support, potential bounce!

    Price is approaching our first support at 1.1602 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, long term ascending support line) and a strong bounce might occur below this level pushing price up to our major resistance at 1.1766 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching our […]

  • GBPCHF approaching resistance, potential drop!

    GBPCHF is approaching our first resistance at 1.3087 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.2922 (61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) […]

  • CADCHF approaching support, potential bounce!

    Price is approaching our first support at 0.7530 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur below this level pushing price up to our major resistance at 0.7587 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our support and a […]