Filtered by date: 03.01.2019. Clear
  • GBPNZD approaching resistance, potential drop!

    GBPNZD is approaching our first resistance at 1.9234 (Horizontal swing high resistance, 100%, 61.8% fibonacci extension, 50% fiboancci retracement, Ascending channel’s resistance) and a strong drop might occur below this level pushing price down to our major support at 1.8851 (Horizontal swing low support, 38.2% fibonacci retracement, 100% fiboancci extension, ascending channel’s support). Stochastic (55, […]

  • EURCHF approaching resistance, potential drop!

    EURCHF is approaching our first resistance at 1.1219 (horizontal pullback resistance, 61.8% fibonacci extension, 23.6% fbonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1152 (100% fibonacci extension). RSI (55) is also approaching resistance and we might see a corresponding drop in price should it […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1290 (horizontal pullback resistance, 61.8% fiboancci retracement, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1261 (23.6% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding […]

  • ASX approaching resistance, potential drop!

    ASX is approaching our first resistance at 5788 (50% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is also approaching resistance and […]

  • Summary

    Today we are seeing a nice setup on ASX and XAUUSD as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: HSI bounced nicely from our first support: https://www.tradingview.com/chart/USDJPY/YyVXv44H-HSI-approaching-support-potential-bounce/ AUDJPY drop nicely below our first resistance to hit our major support target: https://www.tradingview.com/chart/AUDJPY/0oaF7kRY-AUDJPY-approaching-resistance-potential-drop/