Filtered by date: 10.01.2019. Clear
  • Fed minutes review: How can IOER control effective fed funds rate?

    The architects of the market-unfriendly term called “Fed tightening policy” put its stability under great doubt, as was shown by the December Fed minutes.

  • XAGUSD approaching resistance, potential bounce!

    XAGUSD is approaching our first resistance at 16.10 (Horizontal overlap resistance, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 15.49 (Horizontal swing low support, 23.6% fibonacci retracement , 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 109.751 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 107.201 (50% Fibonacci retracement, Horizontal swing low support). RSI (21) is also approaching resistance and we might see a corresponding […]

  • UK100 approaching resistance, potential drop!

    UK100 is approaching our first resistance at 6919 (61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 6705 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • ASX approaching resistance, potential drop!

    ASX is approaching our first resistance at 5788 (100% fibonacci extension, 50% fibonacci retracement , 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 we […]

  • Summary

    Today we are seeing a nice setup on ASX and UK100 as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURCHF reversed nicely from our first resistance: https://www.tradingview.com/chart/USDJPY/qy782Yl2-HSI-approaching-resistance-potential-drop/

  • Euro Could Head Up After Powell’s Speech

    Jerome Powell’s speech about the Fed altering the balance sheet reduction in case the need arises caused the US Dollar to drop market wide despite release of the great employment data.