Filtered by date: 12.02.2019. Clear
  • The breakdown of term and credit spread. Why China may expect more corporate defaults?

    While the market is bracing for probably dismal data on China’s trade, which will once again stress the significance of external risks for the policy of global central banks, China’s corporate debt market turns our attention to its troubles.

  • NZDCHF approaching support, potential bounce!

    NZDCHF is approaching our first support at 0.6714 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6789 (38.2% fiboancci retracement). Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level. […]

  • NZDCAD approaching support, potential bounce!

    NZDCAD is approaching our first support at 0.8921 (horizontal swing low support, 38.2% fiboancci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.8994 (horizontal swing high resistance, 38.2% fiboancci retracement). Stochastic (89,5,3) is approaching support and we might see a corresponding rise […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 28234 (38.2% fibonacci retracemen, 100%, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 26508 (50% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9364 (horizontal pullback support, 61.8%, 100% Fibonacci extension, 61.8%, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9444 (horizontal overlap resistance, 38.2% fiboancci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding […]

  • Summary

    Today we are seeing a nice setup on AUDCAD and NZDCAD as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: NZDCAD reversed below our first resistance to hit our major support target: https://www.tradingview.com/chart/NZDCAD/ZAoeG50m-NZDCAD-approaching-resistance-potential-drop/