Filtered by date: 12.10.2018. Clear
  • Will the Fed continue to hike rate aggressively?

    The stock market crashes, growing trade tensions with China, low growth forecasts from the IMF, and even Trump’s verbal attacks are likely to not be able to stop the “insane” Fed from further rate hikes.

  • GBPJPY is approaching resistance, potential drop!

    GBPJPY is approaching our first resistance at 149.59 (horizontal swing high resistance, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 147.07 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • USDJPY is approaching support, potential bounce!

    USDJPY is approaching our first support at 112.15 (Horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 112.94 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.8451 (horizontal overlap support, 23.6%, 38.2% fibonacci retracement, 61.8% fibonacci extension) and price might potentially bounce above this level to our resistance at 1.9026 (50% Fibonacci retracement). RSI (89) is also approaching support and we might see a corresponding bounce in price. Trading CFDs on margin carries high […]

  • EURGBP approaching support, potential bounce!

    EURGBP is approaching our first support at 0.8724 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8855 (horizontal pullback resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might […]

  • Summary

    Today we are seeing a nice setup on EURGBP and GBPAUD where it is approaching support and we are expecting a bounce above this level. Here are some of our nice calls previously: USDCAD reversed perfectly off our first resistance and is approaching our major support target: https://www.tradingview.com/chart/USDCAD/YRPqbkhC-USDCAD-approaching-resistance-potential-drop/ AUDUSD bounced nicely up our first support […]