Filtered by date: 30.04.2019. Clear
  • Fight fire with fire: Chinese banks issue more loans to combat effects of bad debts

    After a crushing blow inflicted by Google (shares fell by 6% on the earnings report) Nasdaq futures suffered from additional pressure after Chinese PMI report release, which showed that manufacturing activity in April failed to develop the March impulse.

  • EURUSD testing resistance where we could see further drop!

    EURUSD reversed nicely from our first resistance where we might see a further drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the […]

  • GBPUSD under bearish pressure, bearish below first resistance level

    GBPUSD is approaching our first resistance where we might be seeing a drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • GBPJPY facing bearish pressure, potential drop!

    GBPJPY is facing bearish pressure from our first resistance at 144.95 where we might see a drop in price to our first support level at 143.81. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please […]

  • EURGBP approaching support, bullish above first support level

    EURGBP is approaching first support at 0.8617 where we are expecting a bounce above this level to our major resistance level at 0.8671. Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    We are seeing a nice setup on GBPJPY and EURUSD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: USDCAD reversed nicely: https://www.tradingview.com/chart/USDJPY/RYt8BqnY-USDCAD-approaching-resistance-potential-drop/

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.53 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 14.73 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1295.80 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1267.81 (horizontal swing low support, 61.8%, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3521 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3341 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic is also approaching resistance where we might see a […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6702 (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 0.6585 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure. Stochastic is also approaching resistance where we […]

  • Summary

    We are seeing a nice setup on NZDUSD and USDCAD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: HSI bounced nicely: https://www.tradingview.com/chart/USDJPY/WQKsITSf-HSI-approaching-support-potential-bounce/

  • Worrying About Forgotten, Fed-driven Bubbles… Stock Buybacks

    Retail sales and durable goods consumption in March laid the foundation for a slightly brightened outlook for the US economy. GDP estimates for Q1, 2019 should also not be an exception. Aggregate output is expected to grow by 2.2% and private consumption by 1.0% as the increase in activity was caused by temporary factors, such […]

  • NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price. Trading CFDs on […]

  • BCOUSD approaching support, potential bounce!

    BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 75.62 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs […]

  • GBPUSD approaching resistance, potential drop!

    GBPUSD is approaching our first resistance at 1.2986 (horizontal overlap resistance, 23.6% Fibonacci retracement, short term descending line) where a strong drop might occur below this level pushing price down to our major support at 1.2774 (horizontal swing low support). Ichimoku cloud is also facing bearish pressure. RSI is also approaching resistance where we might […]