Filtered by date: 20.02.2019. Clear
  • Are Global Central banks in a “stealth” gold-buying mode?

    While the dollar is being dumped in the short-term presumably on expectations of a happy end to trade negotiations, and the yen is sinking after warnings from the head of the Bank of Japan, Kuroda, gold seems to be taking the opportunity to swiftly update medium-term peaks

  • GBPCAD approaching resistance, potential drop!

    GBPCAD is approaching our first resistance at 1.7260 (Horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.7139 (Horizontal pullback support, 50% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in […]

  • EU50 approaching resistance, potential drop!

    EU50 is approaching our first resistance at 3272 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 3128 (38.2% fibonacci retracement). Stochastic (55, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react […]

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7186 (Horizontal overlap resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.7160 (Horizontal swing low support, 38.2% Fiboancci retracement). Stochastic (55, 5, 3) is also approaching resistance and we might see a corresponding drop in […]

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 16.259 (Horizontal pullback resistance, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 15.577(horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react […]

  • Summary

    Today we are seeing a nice setup on XAGUSD and AUDCHF as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: NZDUSD bounced from our first support to hit our major resistance target: https://www.tradingview.com/chart/NZDUSD/ehcY4bnt-NZDUSD-approaching-support-potential-bounce/