Filtered by date: 01.11.2018. Clear
  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.0096 (Horizontal swing high resistance, 61.8% fibonacci extension, 78.6% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9974 (horizontal pullback support, 50% fibonacci retracement, 23.6% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6580 (Horizontal overlap resistance, 61.8% fibonacci extension, 78.6% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6140 (Horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 74.412 (Horizontal swing high resistance, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 73.541 (Horizontal overlap support, 50% fibonacci retracement). Stochastic (89,5,3) is approaching resistance and we might see a corresponding drop in price. Trading […]

  • XAUUSD approaching support, potential bounce!

    XAUUSD is approaching our first support at 1212.1 (Horizontal pullback support, 100% fiboancci extension, 38.2%, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1240.0 (horizontal overlap resistance, 61.8% fiboancci extension, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see […]

  • Summary

    Today we are seeing a nice setup on NZDJPY and NZDUSD as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: NZDUSD dropped perfectly below our first resistance to hit our support target: https://www.tradingview.com/chart/NZDUSD/0zUHiDgn-NZDUSD-approaching-resistance-potential-drop/ EURJPY dropped perfectly from our first resistance to hit our […]

  • Eurodollar Likely to Drop: What’s Next?

    Today we discuss the very interesting future of European currency and the cross rate of EUR/GBP.