Filtered by date: 09.01.2019. Clear
  • Markets seem to be hungry for progress in the US-China trade talks

    Shares of Asian firms rose to the highest mark of three and a half weeks, seemingly infected with Wall Street’s optimism, where there is a gradual synchronization of sentiments with the investor-friendly news background.

  • EURCAD approaching support, potential bounce!

    EURCAD is approaching our first support at 1.5082 (horizontal swing low support , 76.4%, 61.8% fiboancci retracement, 100% fibonacci extenison) and a strong drop might occur below this level pushing price down to our major support at 1.5296 (horizontal swing high resistance, 38.2% fibonacic retracement). Stochastic (55,5,3) is also approaching support and we might see […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance , 50% fibonacci retracement, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.0538 (horizontal overlap support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7113 (horizontal overlap resistance , 61.8% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6952 (horizontal pullback support , 38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • Summary

    Today we are seeing a nice setup on AUDNZD and AUDCHF as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURCHF reversed nicely below our first resistance: https://www.tradingview.com/chart/EURCHF/dAAnp0Ko-EURCHF-approaching-resistance-potential-drop/