Filtered by date: 16.04.2019. Clear
  • 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 […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 30025.0 (horizontal pullback resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27903.0 (100% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal pullback support). Stochastic is also approaching resistance and seeing a bearish divergence where we might see […]

  • XAUUSD approaching support, potential bounce!

    XAUUSD is approaching our first support at 1283.93 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1300.42 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3404 (horizontal overlap resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3342 (horizontal pullback support, potential 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • Summary

    We are seeing a nice setup on USDCAD where we are expecting a drop below our first resistance level and XAUUSD where it is approaching support where we are expecting a bounce this level. BCOUSD reversed perfectly from our first resistance: https://www.tradingview.com/chart/USDJPY/HgJOkPUZ-BCOUSD-approaching-resistance-potential-drop/