Filtered by date: 06.12.2018. Clear
  • Huawei – the new bone of contention between China and US

    Despite the catchy headlines of the reports covering the OPEC meeting, the oil market preferred to read between the lines, making frowning conclusion from the statements: the cartel members could not move further from the mere awareness that the threat of oversupply exists.

  • What Is WTI Oil Up To?

    Today we discuss what’s up with oil, British pound and Canadian currency.

  • EURJPY approaching support, potential bounce!

    EURJPY is approaching our first support at 127.5 (61.8% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 128.0 (61.8% Fibonacci extension, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6840 (23.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6890 (38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should […]

  • US30 approaching support, potential bounce!

    US30 is approaching our first support at 24150 (100% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26262 (100% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing low support). Stochastic (89,5,3) is also approaching support and we might […]

  • NZDJPY approaching support, potential bounce!

    NZDJPY is approaching our first support at 76.82 (100% Fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 77.61 (horizontal overlap resistance, 38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it […]

  • Summary

    Today we are seeing a nice setup on NZDJPY and US30 as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: AUDCAD dropped below our first resistance: https://www.tradingview.com/chart/AUDCAD/bxx0Lw3F-AUDCAD-approaching-resistance-potential-drop/