Filtered by date: 18.04.2019. Clear
  • Gold Broke the Triangle! Could it Drop?

    Today we discuss what gold, the British pound and Australian currency 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 […]

  • ASX approaching support, potential bounce!

    ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6306.1 (horizontal swing high resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading […]

  • GBPUSD approaching support, potential bounce!

    GBPUSD is approaching our first support at 1.3000 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our first support level at 1.3136 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce in price. […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3339 (50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • Summary

    We are seeing a nice setup on GBPUSD and ASX as it is approaching support where we are expecting a bounce above this level. Here are some of our nice calls previously: USDCAD bounced nicely from our first support https://www.tradingview.com/chart/USDJPY/raaFUFZi-USDCAD-approaching-support-potential-bounce/ USDJPY reversed nicely from our first resistance as well: https://www.tradingview.com/chart/USDJPY/50XE97fQ-USDJPY-approaching-resistance-potential-drop/