Filtered by date: 06.09.2018. Clear
  • Smooth US-Canada talks can wake up big dollar bears

    The dollar is erasing gains after the strong performance at the start of this week on reports that the US and Canada are back on track to complete the NAFTA negotiations. The search for trade-offs can continue even tonight, the Minister for Foreign Affairs of Canada said.

  • Will Dow Jones Head Up?

    We discuss what British pound (GBP/USD) is currently up to, and where from the pair USD/CAD will pull up. We also ponder what is going to happen with the American index.

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1654 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1595 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a reaction below this level might […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6631 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6539 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and a reaction below this level might […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3195 (horizontal swing high resistance, 61.8%, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 13113 (horizontal pullback support). Stochastic (89,5,3) is also approaching resistance where a reaction below this level might see a corresponding drop in […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.72192 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7142 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and NZDUSD as it is approaching resistance where we are expecting a drop below that level. Here are some of our nice calls previously: AUDNZD dropped perfectly below our first resistance to hit our major support target: https://www.tradingview.com/chart/USDJPY/YHE7Yw76-AUDNZD-testing-resistance-potential-drop/