Filtered by date: 25.07.2018. Clear
  • Trumps pull out a page from the Great Depression’s book

    White House reported yesterday that the government would be taking a page from the Great Depression’s book, when the state directly provided monetary relief to the most affected sectors of the economy.

  • Summary

    Today we are seeing a nice setup on USDJPY as it is approaching support which coincides with our long term ascending support line, where we expect a bounce above this level. We are also seeing a nice setup on GBPUSD as it is approaching our first resistance which coincides with our long term descending resistance […]

  • USDX approaching support, potential bounce!

    Price is approaching our first support at 94.19 (horizontal overlap support, 76.4%, 23.6% Fibonacci retracement) where price might potentially bounce and rise to our major resistance at 95.58 (horizontal swing high resistance, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching our support and a bounce off this level might see a corresponding rise in price. […]

  • USDJPY approaching support, potential bounce!

    Price is approaching our first support at 110.78 (horizontal overlap support, 50% 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 113.09 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching […]

  • GPBCHF approaching resistance, potential drop!

    GBPCHF is approaching our first resistance at 1.3160 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, short term descending resistance line) and a strong reaction might occur below this level, pushing price down to our major support at 1.2987 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we […]

  • GBPUSD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.3159 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) which coincides with our long term descending resistance line and might potentially drop to our major support at 1.2956 (horizontal swing low support, 61.8% Fibonacci extension). A breakout below our intermediate support at 1.3079 (horizontal overlap […]