Filtered by date: 13.09.2018. Clear
  • ECB: Keeping low profile

    Yesterday, the US Treasury held an auction of 10-year bonds offering $23B of them. Let me remind you that the US bond auction events should be closely monitored, since the bond supply is rising (to raise money for tax reform), while rate hikes and economic growth negatively affect demand in terms of yield and in terms of appetite to risk.

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.8052 (horizontal pullback support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur above this level pushing price up to our major resistance at 1.8250 (Horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding rise […]

  • USDX approaching resistance, potential drop!

    USDX is approaching our first resistance at 94.91 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 94.40 (horizontal swing low support, 78.6% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. Trading […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7239 (horizontal overlap resistance, 61.8% Fibonacci extension, 50%, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at (swing low support, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in […]

  • GBPJPY approaching resistance, potential drop!

    GPBJPY is approaching our first resistance at 146.79 (horizontal swing high resistance, bearish channel resistance, 38.2%, 50%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 142.53 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (55,5,3) is […]

  • Summary

    Today we are seeing a nice setup on GBPJPY and AUDUSD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: EURJPY bounced perfectly up from our first support to hit our major resistance target: https://www.tradingview.com/chart/USDJPY/HfIQKFJ0-EURJPY-approaching-support-watch-for-potential-bounce/

  • Is Aussie about to drop?

    We discuss when Australian currency is going to head down and what is going to happen with the Canadian dollar.