Filtered by date: 06.03.2019. Clear
  • Preview of the upcoming ECB meeting: Are new TLTROs necessary or not?

    From the beginning of the new year, when it comes to the ECB policy stance, the discussions most often focus on the reasons, conditions and design of a new round of TLTRO round, long-term bank financing operations.

  • EURJPY approaching support, potential bounce!

    EURJPY is approaching our first support at 125.87 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 126.88 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. […]

  • EURNZD approaching resistance, potential drop!

    EURNZD is approaching our first resistance at 1.6764 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.6669 (61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • GBPCHF approaching support, potential bounce!

    GBPCHF is approaching our first support at 1.3125 (horizontal overlap support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3281 (horizontal swing high resistance, 76.4% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading […]

  • EURCHF approaching support, potential bounce!

    EURCHF is approaching our first support at 1.1306 (horizontal swing low support, 100%, Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.1339 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching our support where we might see a bounce in price. […]

  • Summary

    We are seeing a nice setup on GBPCHF and EURCHF as it is approaching support where we are expecting a bounce above this level. NZDJPY dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/NZDJPY/0KGYegl0-NZDJPY-approaching-resistance-potential-drop/