Filtered by date: 18.03.2019. Clear
  • Will carry trade bonanza continue?

    With world central banks shelving their plans to tighten credit conditions, investors were forced to hunt for yields in emerging markets, making carry trade the “top choice” in terms of risk/reward in the first quarter of 2019.

  • Russian Ruble Breaks the Level of 65. What’sNext?

    Today we discuss what is happening to Russian ruble and gold.

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0370 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.0341 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3241 (horizontal pullback support, 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.3381 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can […]

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.60 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.34 (61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6897 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6838 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • Summary

    We are seeing a nice setup on XAGUSD and AUDNZD as it is approaching resistance where we are expecting a drop below this level. CADJPY reversed nicely from our first resistance and is approaching our major resistance target: https://www.tradingview.com/chart/CADJPY/NVHOVmm4-CADJPY-approaching-resistance-potential-drop/