Filtered by date: 31.03.2019. Clear
  • Key economic events and reports of the upcoming week

    Monday, April 1, 2019 – Caixin Manufacturing PMI (Mar)(CNY), German Manufacturing PMI (Mar)(EUR), Manufacturing PMI (Mar)(GBP), CPI (YoY) (Mar)(EUR), Core Retail Sales (MoM) (Feb)(USD), ISM Manufacturing PMI (Mar)(USD).

  • Mnuchin sounds upbeat ahead of new round of trade talks, helps traders to boost risky bets

    US Treasury Secretary Stephen Mnuchin sounded upbeat on Friday saying that he had a “productive working dinner” in Beijing on the eve of another round of talks aimed at resolution of the trade dispute between the two largest economies in the world.

  • Is the ECB regretting the end of QE?

    After the ECB completed its asset buying program in December, the economy barely showed signs of self-sustained growth, with trade wars seemingly choking growth substantially.

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 110.89 (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 110.02 (horizontal swing low support, 61.8%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support). Stochastic (89,5,3) is also […]

  • BCOUSD approaching resistance, potential drop!

    BCOUSD is approaching our first resistance at 68.73 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 66.34 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.70442 (horizontal swing low support, 76.4% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 0.7105 (horizontal swing high resistance, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on […]

  • Summary

    We are seeing a nice setup on USDJPY and BCOUSD as it is approaching resistance where we are expecting a drop below this level. ASX bounced nicely above our first support : https://www.tradingview.com/chart/USDJPY/Z3gXtGgY-ASX-approaching-support-potential-bounce/

  • Is the ECB losing grip on its policy?

    Delving into the territory of negative interest rates, ECB policy has produced many side effects, some of which can be encompassed by the broad definition of “increased risk-taking”.

  • Is the S&P500 Ready to Drop?

    Today we discuss what single currency, American index S&P500 and New Zealand dollar are up to.

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6826 (horizontal pullback resistance, 38.2% fibonacci retracement). Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3471 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3362 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 29180.1 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 28370.7 (78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • ASX approaching support, potential bounce!

    EURCAD is approaching our first support at 6102.4 (horizontal overlap support, 23.6% fibonacci retracement) where a strong bounce to our major resistance at 6226.6 (horizontal swing high resistance, 61.8% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses […]

  • Summary

    We are seeing a nice setup on NZDUSD and ASX as it is approaching support where we are expecting a bounce above this level. EURNZD bounced nicely above our first support : https://www.tradingview.com/chart/EURNZD/QYV6R4pC-EURNZD-approaching-support-potential-bounce/