Filtered by date: 29.03.2019. Clear
  • Is the ECB regretting the end of QE?

    After the ECB completed its asset buying program in December, the economy barely showed signs of self-sustained growth, with trade wars seemingly choking growth substantially.

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 110.89 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 110.02 (horizontal swing low support, 61.8%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support). Stochastic (89,5,3) is also […]

  • BCOUSD approaching resistance, potential drop!

    BCOUSD is approaching our first resistance at 68.73 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 66.34 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.70442 (horizontal swing low support, 76.4% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 0.7105 (horizontal swing high resistance, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on […]

  • Summary

    We are seeing a nice setup on USDJPY and BCOUSD as it is approaching resistance where we are expecting a drop below this level. ASX bounced nicely above our first support : https://www.tradingview.com/chart/USDJPY/Z3gXtGgY-ASX-approaching-support-potential-bounce/