Filtered by date: 27.07.2018. Clear
  • Friday market overview: the main drivers and a brief discussion about the Trump tariffs

    The FX market seems to have been unable to select a clear direction this week, which also appears to have been one of the quietest during this summer.

  • Summary

    Today we are seeing a nice setup on XAUUSD as it is approaching support where we are expecting a bounce above that level. We are also seeing a nice setup on EURCHF as it is approaching our resistance where we are expecting a drop below that level. 1. AUDUSD dropped perfectly below our first resistance […]

  • AUDCHF approaching support, potential bounce!

    Price is approaching our first support at 0.7316 (horizontal swing low support, 61.8% fibonacci extension, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.7396 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our support and a […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3067 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.2960 (horizontal swing low support, 38.2%, 50% Fibonacci retracement, 100% fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with […]

  • EURCHF approaching resistance, potential drop!

    EURCHF is testing our first resistance at 1.1600 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.1540 (horizontal swing low support, 100% Fibonacci extension, 50%, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with […]

  • XAUUSD approaching support, potential bounce!

    XAUUSD is approaching our first support at 1218.62 (Horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1238.35 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A breakout above our intermediate resistance level at 1233.26 (horizontal […]