Filtered by date: 05.03.2019. Clear
  • “Secret buyer” of illiquid Chinese housing

    With China’s economic transition from production to consumption rails, Chinese authorities are faced with the task to uphold consumer optimism, which, apart from current incomes also depends on the market value of their assets (wealth).

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 0.6850 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.66 (horizontal overlap 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 74.98 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • EURGBP approaching support, potential bounce!

    EURGBP is approaching our first support at 0.8404 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.8625 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3366 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our first support at 1.3251 (50% Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • Summary

    We are seeing a nice setup on EURGBP and NZDUSD as it is approaching support where we are expecting a bounce above this level. USDCHF dropped nicely from our first resistance level to hit our major support target: https://www.tradingview.com/chart/USDCHF/WDYrxw5b-USDCHF-approaching-resistance-potential-drop/