Filtered by date: 05.12.2018. Clear
  • Plunging stocks point to the Fed’s mistake as traders move into fixed returns

    Since the time of writing about the 0Yr-2Yr spread’s omen, the sell-off of short-term and buying long-term Treasuries seems to have gained momentum.

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9770 (horizontal swing high resistance, 100% fiboancci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9632 (100% fibonacci extension, 23.6% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6886 (Horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price up to our major resistance at 0.6967 (horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should […]

  • UK100 approaching support, potential bounce!

    UK100 is approaching our first support at 6920 (61.8% Fibonacci extension, 78.6% Fibonacci retracemen, horizontal swing low support) and a strong drop might occur below this level pushing price up to our major resistance at 7205 (100% Fibonacci extension, 38.2%, 50% Fibonacci retracement, Horizontal overlap resistance). Stochastic (34,5,3) is also approaching support and we might […]

  • ASX approaching support, potential bounce!

    ASX is approaching our first support at 5590 (100%, 61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong drop might occur below this level pushing price up to our major resistance at 5949 (100% Fibonacci extension, 61.8% Fibonacci retracemen, Horizontal overlap resistance). Stochastic (34,5,3) is also approaching support and we might […]

  • Summary

    Today we are seeing a nice setup on NZDUSD and ASX as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: HSI dropped perfectly from our first resistance: https://www.tradingview.com/chart/HK33HKD/FGHH47Gj-HSI-approaching-resistance-potential-drop/