Filtered by date: 24.10.2018. Clear
  • China offers little help to solve bad bonds problem, aiming at deflation of the credit bubble

    Respite on the Chinese stock market has quickly run out of steam after a pledge by the Chinese authorities to solve the trouble with bad private bonds.

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9252 (horizontal overlap support, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9318 (horizontal swing high resistance). Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3120 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.2991 (horizontal pullback support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6537 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6634 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (21,5,3) is also approaching support and we might see […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1432 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1540 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see […]

  • Summary

    Today we are seeing a nice setup on EURUSD and NZDUSD where they are approaching support where we are expecting a bounce above this level. Here are some of our nice calls previously: GBPCHF reversed perfectly off our first resistance and is approching our major support target: https://www.tradingview.com/chart/GBPCHF/tqH4T58z-GBPCHF-approaching-resistance-potential-drop/ NZDCHF bounced perfectly from our first support […]