Filtered by date: 29.01.2019. Clear
  • Disarray in US economic calendar may continue for several months despite government reopening

    Trump brought federal workers back to work by signing the respective order on Friday but starting up the engine of the state machine is not likely to be a quick fix.

  • GBPJPY approaching resistance, potential drop!

    GBPJPY is approaching our first resistance at 145.50 (horizontal swing high resistance, 100% Fibonacci extension, 50%, 61.8%, 78.6% Fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 142.09 (horizontal pullback support, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9925 (Horizontal swing high resistance, 100% fibonacci extension, 23.6% Fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9905 (Horizontal swing low support). Stochastic (21,5,3) 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 27982 (38.2% 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 26508 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EU50 approaching resistance, potential drop!

    EU50 is approaching our first resistance at 3167 (ascending overlap resistance, horizontal swing high resistance, 76.4% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 3088 (horizontal overlap resistance, 161% fibonacci exteension). Stochastic (55,5,3) is also approaching resistance and we might see […]

  • Summary

    Today we are seeing a nice setup on USDCHF and GBPJPY as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: GBPJPY reversed nicely below our first resistance: https://www.tradingview.com/chart/GBPJPY/a5GhYSag-GBPJPY-testing-resistance-potential-drop/