Filtered by date: 05.11.2018. Clear
  • Solid job data for October points to even stronger Fed commitment towards rate hikes

    The Fed’s monetary stance has been sufficient proof that the bearish take on the US stock market is most likely inaccurate.

  • Ruble Is After Oil and Oil Seems to Be Going Down: What’s Next?

    Today we discuss what is about to happen with oil and the Russian currency. We are also looking into Kiwi and what it’s up to.

  • 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, 100% fibonacci extension, 50% and 23.6% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we […]

  • EURCHF approaching resistance, potential drop!

    EURCHF is approaching our first resistance at 1.1451 (horizontal overlap resistance, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.1412 (horizontal swing low support, 61.8% fibonacci extension, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9484 (Horizontal swing high resistance, 100% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.9367 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is approaching resistance and we might see a corresponding drop in price. Trading CFDs […]

  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3056 (horizontal overlap support, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.3177 (horizontal swing high resistance, 100%, 61.8% fiboancci extension, 78.6% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might […]

  • Summary

    Today we are seeing a nice setup on AUDCAD and USDCHF as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURAUD bounced perfectly from our first support: https://www.tradingview.com/chart/EURAUD/tSsEeYrL-EURAUD-approaching-support-potential-bounce/ NZDJPY dropped perfectly from our first resistance to hit our major support target: https://www.tradingview.com/chart/NZDJPY/ArY86VSu-NZDJPY-approaching-resistance-potential-drop/