Filtered by date: 26.02.2019. Clear
  • 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 […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1337.19 (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 1327.25 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1375 (50%, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6869 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6932 (horizontal swing high resistance, 100% Fibonacci extension, 50%, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6869 (38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • Summary

    We are seeing a nice setup on NZDUSD and EURUSD as it is approaching resistance where we are expecting a drop below this level. SPXUSD dropped below our first resistance: https://www.tradingview.com/chart/SPX500USD/MYOYi4T6-SPX-approaching-resistance-potential-drop/