Filtered by date: 15.04.2019. Clear
  • What the new Brexit delay means for UK manufacturers?

    Capital spending and exports, the engines that drive the growth of British economy, entered lower gear due to weakening foreign demand and dragging uncertainty of Brexit.

  • Is EUR/USD About to Drop Anytime Soon?

    Today we discuss the future of European currency and ponder what gold and Swiss franc are currently up to.

  • NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see […]

  • BCOUSD approaching resistance, potential drop!

    BCOUSD is approaching our first resistance at 72.09 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 70.70 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal swing low support). Stochastic is also approaching resistance and seeing a bearish divergence where […]

  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3289 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3341 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6828 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6770 (horizontal pullback support, potential 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • Summary

    We are seeing a nice setup on NZDUSD where we are expecting a drop below this level and USDCAD where it is approaching support where we are expecting a bounce this level. USDCAD reversed perfectly from our first resistance to hit our major support target: https://www.tradingview.com/chart/EURCHF/6pvimjTH-USDCAD-approaching-resistance-potential-drop/