Filtered by date: 04.04.2019. Clear
  • German GDP growth revised lower unexpectedly… Is the ECB under pressure?

    European stocks are sneaking up into the familiar terrain of last August, when there was a peak of healthy optimism about the European economy.

  • Will the USD/RUB Manage to Pull Back from the 65 Level?

    Today we discuss what is going on with single currency, Russian ruble and British pound.

  • BCOUSD approaching resistance, potential drop!

    BCOUSD is approaching our first resistance at 70.94 (horizontal pullback resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 68.48 (50% Fibonacci retracement, horizontal pullback support). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7145 (horizontal swing high resistance, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7111 (38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22690 (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 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.63 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100%, 161.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 110.91 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding […]

  • Summary

    We are seeing a nice setup on Nikkei and USDJPY as it is approaching resistance where we are expecting a drop below this level. USDCHF dropped perfectly to hit our first support target: https://www.tradingview.com/chart/USDCHF/Ews9ONKf-USDCHF-approaching-resistance-potential-drop/