Filtered by date: 03.12.2018. Clear
  • The light at the end of the tunnel: Trump and Xi enter a temporary truce

    The meeting of US and China leaders in Argentina, probably one of the key events of this year, ended with a decision of a 90-day truce in the trade war between the two countries

  • Russian Ruble And USD/RUB Likely to Jump

    Today we discuss what is going on with Russian Ruble, oil and the single currency.

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1234 (horizontal swing high resistance, 61.8% fiboancci extension, 76.4% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1222 (61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURGBP approaching resistance, potential drop!

    EURGBP is approaching our first resistance at 0.8933 (Horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8867 (horizontal swing low support, 23.6%, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a […]

  • SPX500 approaching resistance, potential drop!

    SPX500 is approaching our first resistance at 2822 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2622 (100%, 61.8% Fibonacci extension, Horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension, 61.8% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • Summary

    Today we are seeing a nice setup on EURGBP and SPX500 as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: GBPCAD dropped perfectly from our first resistance to hit our support target: https://www.tradingview.com/chart/GBPCAD/LhVhJf6R-GBPCAD-approaching-resistance-potential-drop/ AUDJPY dropped perfectly from our first resistance: https://www.tradingview.com/chart/AUDUSD/HxDYL113-AUDUSD-approaching-resistance-potential-drop/