Filtered by date: 08.03.2019. Clear
  • Chinese exports show Lunar Year celebration came at a price for the economy

    With the data on foreign trade for February, China has decisively emerged as the leading source of gloomy economic headlines.

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • EURNZD approaching resistance, potential drop!

    EURNZD is approaching our first resistance at 1.6606 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.6561 (61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 82.27 (horizontal swing low support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 82.93 (23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin […]

  • 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 to our major resistance at 0.8625 (Horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our support where we might see a bounce in price. Trading […]

  • Summary

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