Filtered by date: 12.12.2018. Clear
  • November US CPI may follow lackluster wages, Fed to call off March rate hike

    The Asian and European markets rose on Wednesday thanks to positive comments from the US president regarding the trade deal, freeing Huawei top manager Meng on bail.

  • SPX500 approaching support, potential bounce!

    SPX500 is approaching our first support at 2600 (100% Fibonacci extension, Horizontal swing low support, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 2808 (61.8% Fibonacci retracement, Horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1308 (61.8%, 100% fibonacci extension, horizontal swing low support, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1394 (61.8% fibonacci retracement, horizontal swing high resistance). Stochastic (55,5,3) is also approaching support and we might see a […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.32 (50% fibonacci retracement , 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 80.65 (Horizontal overlap support, 61.8% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • US30 approaching support, potential bounce!

    US30 is approaching our first support at 24154 (78.6% Fibonacci retracement, Horizontal swing low support, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 26251 (horizontal swing high resistance, 100%, 61.8% fibonacci extension, 76.4% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we […]

  • Summary

    Today we are seeing a nice setup on EURUSD and US30 as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: AXS bounced perfectly from our first support: https://www.tradingview.com/chart/AU200AUD/qz0T4M4F-ASX-approaching-support-potential-bounce/ AUDUSD bounced perfectly above our first support: https://www.tradingview.com/chart/AUDUSD/iEIztmQz-AUDUSD-approaching-support-potential-bounce/