Filtered by date: 20.09.2018. Clear
  • EM markets seem to be back on their feet, while the Fed’s stance remains a question

    It seems to have become somewhat of a tradition that after a long period of QE and when the yield on Treasury bonds rises sharply, emerging markets seem to be among the first ones to bear major damage. Nominal “media reason” for this was the debt instability of these countries

  • Russian Ruble is not giving up

    We ponder whether USD/RUB has gone bearish or if it is one more trick of the Russian currency. We also wonder what is about to happen to WTI oil.

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1208 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1197 (horizontal swing low support). Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level might […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6619 (horizontal overlap support, 23.6 % Fibonacci retracement, 61.8% Fibonacci extension, breakout level) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6716 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 23.6%, 61.8% Fibonacci retracement). RSI (89) is also seeing a […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1739 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1663 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a reaction […]

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.7230 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7310 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and NZDUSD as it is approaching support where we are expecting a bounce above that level. Here are some of our nice calls previously: USDJPY reversed perfectly below our first resistance: https://www.tradingview.com/chart/USDJPY/sLwliZAP-USDJPY-approaching-resistance-potential-drop/