Filtered by date: 14.01.2019. Clear
  • Advance exports: Why Chinese trade data entered the red zone

    The global outlook was deeply impacted by the drastic drop in Chinese trade in December. The data on Monday showed that both exports and imports declined, with the pace of decline rising to the highest levels it has been in more than two years.

  • The Russian Ruble Potentially About to Jump Up

    Today we discuss the current status and future perspectives of the Russian currency and describe what American stock index S&P500 is now worth. We also analyze the tricky moves of the Japanese yen.

  • USDCHF approaching resistance, potential bounce!

    USDCHF is approaching our first resistance at 0.9898 (horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.9826 (61.8% fiboancci extension, 38.2% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding bounce […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1487 (horizontal overlap resistance, 61.8% fiboancci extension, 23.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1433 (Horizontal swing low support, 38.2% fiboancci retracement). RSI (89) is also approaching resistance and we might see a corresponding drop […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 2406 (76.4% fibonacci retracement, 61.8% fibonacci extension). RSI (34) is also approaching resistance and we might see a corresponding drop in price should it […]

  • 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 SPX and EURUSD as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: AUDNZD reversed nicely below our first resistance to touch our major support target: https://www.tradingview.com/chart/AUDNZD/bcwoqqMn-AUDNZD-approaching-resistance-potential-drop/