Filtered by date: 15.03.2019. Clear
  • Trade terms improve for the US, but housing market disappoints

    Following a strong Core PCE growth of 1.9% in February, import prices in the US also rose by 0.6%, after a slight increase of 0.1% in January and a fall of 1.4% in December.

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.59 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.36 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.0013 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0068 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5906 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.5997 (61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 79.28 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 78.53 (horizontal swing low support, 50% 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 EURAUD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on AUDJPY as it is approaching resistance where we are expecting a drop below this level. NZDJPY reversed nicely from our first resistance and is approaching […]