Filtered by date: 07.01.2019. Clear
  • The Fed has blinked. Is it the right time to start “buying the dip”?

    US stocks soared by more than three percent last Friday, and naturally, the amplitude of the “counter-attack” does not allow simply to write off everything to a bullish correction within the bear market.

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 110.86 (Horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 108.44 (horizontal swing low support, 50% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 108.4 (Horizontal pullback resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 106.7 (Horizontal swing low support, 38.2% fiboancci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2565 (50%, 61.8% fibonacci retracement, 61.8% fibonacci extension , horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 2330 (horizontal swing low resistance, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • Summary

    Today we are seeing a nice setup on SPX and AEX as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: USDCAD reversed nicely below our first resistance: https://www.tradingview.com/chart/USDCAD/FIzQYzwW-USDCAD-approaching-resistance-potential-drop/ EURAUD reversed nicely below our first resistance: https://www.tradingview.com/chart/EURAUD/8df0SOXK-EURAUD-approaching-resistance-potential-drop/