Filtered by date: 22.10.2018. Clear
  • Oil market stays upbeat ahead of “naked truth” about Khashoggi murder

    PBOC announced on Monday a fresh row of stimulus measures, which seemed to have been warmly welcomed by the markets. After closing with 2.58% gain on Friday, the SHCOMP blue chip index jumped 4% after the government announced tax discounts for individuals, which bulk amount could account for 1% of GDP.

  • Is the Russian Ruble About to Head Up?

    Today we discuss what Russian currency is now up to. We also review the current state of Euro and cross rate of EUR/GBP.

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1240.06 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 1208.78 (horizontal pullback support, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also facing bearish pressure and we might see a corresponding drop in […]

  • GBPNZD approaching support, potential bounce!

    GBPNZD is approaching our first support at 1.9621 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 2.003 (horizontal swing high resistance, 50% Fibonacci extension). Stochastic (55,5,3) is approaching support and we might see a corresponding rise in […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9277 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension, short term ascending channel) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9352 (horizontal swing high resistance, 61.8% Fibonacci extension). RSI (55) is approaching support and we might […]

  • EURGBP approaching resistance, potential drop!

    EURGBP is approaching our first resistance at 0.8858 (horizontal pullback resistance, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.8724 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • Summary

    Today we are seeing a nice setup on AUDCAD and GBPNZD as it is approaching support where we are expecting a bounce above this level. Here are some of our nice calls previously: EURAUD droped perfectly below our first resistance to hit our major support target: https://www.tradingview.com/chart/EURAUD/UBNWjT83-EURAUD-approaching-resistance-potential-drop/ GBPUSD bounced perfectly above our first support to […]