Filtered by date: 10.04.2019. Clear
  • ECB acclimatizes to decision-making in perpetual gloom

    Whichever perspective the ECB chooses to evaluate the EU economy with, the resulting estimates lie in the range of “negative” to “neutral”, virtually ruling out a bullish surprise at today’s meeting.

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 30079.5 (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 29570.6 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback support). Stochastic is also approaching resistance and seeing […]

  • ASX approaching resistance, potential drop!

    ASX is approaching our first resistance at 6230.9 (50% Fibonacci retracement, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 6151.0 (100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal pullback support) Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3349 (50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3317 (50% Fibonacci retracement, horizontal pullback retracement). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1307.84 (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 1297.82 (38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding […]

  • Summary

    We are seeing a nice setup on XAUUSD and USDCAD where we are expecting a drop below this level. CXY reversed perfectly from our first resistance: https://es.tradingview.com/chart/CADAUD/cxDpQ1ET-CXY-approaching-resistance-potential-drop/ NZDUSD bounced nicely from our first support as well: https://es.tradingview.com/chart/USDJPY/RlIRtGKH-NZDUSD-approaching-support-potential-bounce/