Filtered by date: 28.02.2019. Clear
  • Tremendous liquidity injections into Chinese economy go to nothing, as production continues to slide

    The Chinese economy in a state of recession resembles a sieve – no matter how much you inject the liquidity, it seems to be flowing away in an unknown direction.

  • Will USD/RUB Manage to Jump?

    Today we discuss what is going on with Russian currency and currency pair GBP/USD.

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6935 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6897 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURCAD approaching support, potential bounce!

    EURCAD is approaching our first support at 1.4914 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 1.4964 (38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1323.81 (23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1313.19 (76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.76 (horizontal overlap resistance, 100%, Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 83.56 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • Summary

    We are seeing a nice setup on CADJPY and XAUUSD as it is approaching resistance where we are expecting a drop below this level. EURUSD dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/EURUSD/PHpSB518-EURUSD-approaching-resistance-potential-drop/

  • US-North Korea Summit may finally bring peace to the Korean peninsula.

    Asian stocks strengthened to 5-month highs on Wednesday, and the dollar is trying to bounce from three-week lows after the comments of Fed Chairman Jeremy Powell, once again indicating that the US Central Bank will “be patient” in determining the course of monetary policy this year.

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6936 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6897 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1408 (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.1350 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5916 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.5863 (50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • GBPCAD approaching resistance, potential drop!

    GBPCAD is approaching our first resistance at 1.7502 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.7263 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding […]

  • Summary

    We are seeing a nice setup on GBPCAD and EURAUD as it is approaching resistance where we are expecting a drop below this level. EURCAD dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/EURCAD/qh5nE4jf-EURCAD-approaching-resistance-potential-drop/

  • How Phillips Curve plays terrible tricks with the Fed

    As you may know, when the Fed shapes its policy decisions, it basically seeks for the best equilibrium between low unemployment and stable inflation.

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.5059 (horizontal swing high resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.4853 (horizontal swing low support, 100% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding […]