Filtered by date: 14.12.2018. Clear
  • ECB halts QE but quite unsure about rate hike timeframe

    The ECB decided to completely quit the lavish asset purchase program at the meeting on Thursday, which was in line with expectations, but retained flexibility in other monetary tools, providing a vague forecast for the rate hike next year.

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 516.8 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 494.2 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might see a corresonding drop […]

  • EURCAD approaching support, potential bounce!

    EURCAD is approaching our first support at 1.5136 (horizontal swing low resistance, 61.8% fibonacci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.5222 (61.8% fibonacci extension, horizontal swing high resistance). Stochastic (55,5,3) is also approaching support and we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.7 (horizontal swing high resistance, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 112.5 (61.8% fibonacci extension, 78.6% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresonding drop in price. Trading […]

  • HSI testing resistance, potential drop!

    Price is testing our first resistance at 26619 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance) where a strong drop might occur pushing price down to our major support at 25562 78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is also approaching resistance where we might see a […]

  • Summary

    Today we are seeing a nice setup on USDJPY and HSI as it is approaching resistance where we are expecting a drop below this level. Here are our nice calls previously: CADJPY dropped perfectly from our first resistance: https://www.tradingview.com/chart/CADJPY/roUI1xKe-CADJPY-approaching-resistance-potential-drop/