Filtered by date: 20.11.2018. Clear
  • Gold could continue upwards trend on worrisome short-term volatility outlook

    The wake-up calls in the expansion of US economy and the scepticism in the financial markets have not yet accumulated a critical mass to compel Fed officials to soften the tone.

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6856 (horizontal overlap resistance, 61.8% fiboancci extension, 38.2% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6712 (Horizontal swing low support, 38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • AUDCHF approaching support, potential bounce!

    AUDCHF is approaching our first support at 81.82 (Horizontal swing low support, 76.4 fibonacci retracement, 61.8 fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 82.70 (horizontal swing high resistance, 78.6% fiboancci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is approaching support and we might see […]

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.5112 (horizontal swing high resistance, 61.8% fibonacci retracement, 61.8%, 100% fibonacci extension) and a strong drop might occur pushing price down to our major support at 1.4992 (horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • GBPCHF approaching support, potential bounce!

    GBPCHF is approaching our first support at 1.2753 (Horizontal swing low 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 1.2953 (Horizontal pullback resistance, 50% fibonacci retracement, 100% fibonacci extension). Stochastic (55,5,3) is also approaching support and we might see […]

  • Summary

    Today we are seeing a nice setup on GBPCHF and AUDCHF as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: AUDJPY dropped perfectly below our first resistance: https://www.tradingview.com/chart/AUDJPY/zGNtdkLQ-AUDJPY-approaching-resistance-potential-drop/