Filtered by date: 13.12.2018. Clear
  • Oil likely to drop after a little push

    Today we discuss what is most likely to happen to oil rates and the European currency.

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9629 (horizontal swing low support, 32.8% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9726 (100%, 61.8% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a […]

  • EURNZD approaching resistance, potential drop!

    EURNZD is approaching our first resistance at 1.6621 (horizontal swing high resistnace, 76.4% fibonacci retracement, 61.8% fibonaaci extension) and a strong drop might occur below this level pushing price down to our major support at 1.6468 (6138% fibonacci extension, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 114.33 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 113.96 (horizontal swing low support, 61.8% fibonacci extension, 23.6% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.19 (100%, 61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 113.96 (100% fibonacci extension, 61.% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might […]

  • Summary

    Today we are seeing a nice setup on CADJPY and CHFJPY as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURUSD bounced perfectly above our first support: https://www.tradingview.com/chart/USDJPY/yX43icU5-EURUSD-approaching-support-potential-bounce/ SPX bounced perfectly above our first support: https://www.tradingview.com/chart/SPX500USD/9QVrJuxz-SPX500-approaching-support-potential-bounce/