Filtered by date: 30.10.2018. Clear
  • Rumors about new tariffs put more pressure on Yuan

    The PBOC temporarily rescued the Asian markets from negative territory on Tuesday, lowering the reference rate by 197 points to 6.5974 against the dollar.

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 73.95 (horizontal overlap 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 73.58 (horizontal pullback support, 100% Fibonacci extension, 23.6% Fibonacci retracement). RSI (34) is also approaching resistance and we might see a […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7144 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.7056 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop […]

  • CHFJPY approaching support, potential bounce!

    CHFJPY is approaching our first support at 111.90 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 114.02 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching support where we might see a […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7972 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8249 (horizontal overlap resistance, 38.2% Fibonacci extension). Stochastic (55,5,3) is also approaching support and seeing a bullish divergence where we […]

  • Summary

    Today we are seeing a nice setup on GBPAUD and CHFJPY where they are approaching support where we are expecting a bounce above this level. Here are some of our nice calls previously: EURJPY bounced perfectly up to hit our major resitance target: https://www.tradingview.com/chart/EURJPY/W6l2qzvy-EURJPY-approaching-support-potential-bounce/ AUDUSD dropped perfectly to hit our major support target: https://www.tradingview.com/chart/AUDUSD/ANJZdK7J-AUDUSD-approaching-resistance-potential-drop/