Filtered by date: 20.03.2019. Clear
  • A no deal Brexit consequences

    First of all, a no deal does not mean at all that the UK won’t leave the Euro, but in fact it means that the UK and the EU are still unable to reach an agreement regarding the divorce and this scenario would create uncertainty about what would happen next, so no doubt, this will […]

  • Yuan’s confident rally drops some clues about trade talks success

    The Asian markets opened on Wednesday with a decline as a result of investors’ tendency to liquidate their long positions in Asian stocks before the period of high market turbulence. The meeting of FOMC officials is today, which should determine the fate of monetary tightening cycle in the US.

  • AUDCHF approaching support, potential bounce!

    AUDCHF is approaching our first support at 0.7050 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support at 0.7468 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.87 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 111.43 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • Summary

    We are seeing a nice setup on USDJPY and NZDJPY as it is approaching resistance where we are expecting a drop below this level. USDCAD bounced perfectly from our first support and is reaching our major resistance target: https://www.tradingview.com/chart/USDCAD/9s1ewgKa-USDCAD-approaching-support-potential-bounce/