Filtered by date: 04.02.2019. Clear
  • Ruble Seems to be on The Rise but Oil Could Make It Drop

    Today we discuss what critical levels Russian currency is staying next to and ponder potential oil surge.

  • EURGBP approaching resistance, potential drop!

    EURGBP is approaching our first resistance at 0.8857 (horizontal swing high resistance, 50% Fibonacci retracemen, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8716 (horizontal overlap support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.7200 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7270 (horizontal swing high resistance, 76.4% Fibonacci retracement). Stochastic (34,5,3) is approaching support and we might see a corresponding rise in […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7892 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8181 (50% Fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and GBPAUD as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: USDCAD bounced perfectly from our first support: https://www.tradingview.com/chart/USDCAD/rAsShQV1-USDCAD-approaching-support-potential-bounce/