Filtered by date: 01.04.2019. Clear
  • ASX approaching resistance, potential drop!

    ASX is approaching our first resistance at 6226.6 (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 6146.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support). Stochastic (89,5,3) is also approaching resistance where we might see […]

  • 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 […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6854 (horizontal pullback 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 0.6806 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • XAUUSD approaching support, potential bounce!

    XAUUSD is approaching our first support at 1283.58 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 1299.29 (horizontal pullback resistance, 38.2% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses […]

  • Summary

    We are seeing a nice setup on NZDUSD and ASX as it is approaching resistance where we are expecting a drop below this level. EURCHF dropped nicely from our first resistance to first support target: https://www.tradingview.com/chart/EURCHF/XBYlQtwM-EURCHF-approaching-resistance-potential-drop/