Filtered by date: 03.05.2019. Clear
  • EURJPY reversed off horizontal swing high resistance, possibly edge lower

    EURJPY reversed off our first resistance at 125.61(61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a strong drop to our major support at 123.65(horizontal swing low support, 61.8% &100% Fibonacci extension). Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price. Trading CFDs on […]

  • XAGUSD approaching support, potential bounce!

    XAGUSD is approaching our first support at 14.46 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 15.06 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce […]

  • SPX reverse off horizontal swing high resistance, further drop is possible

    SPX is approaching our first resistance at 2956.0 (horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 2856.0 (horizontal swing low support, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed […]

  • XAUUSD near horizontal swing low support, could possibly bounce!

    XAUUSD is approaching our first support at 1269.51(61.8% Fibonacci extension, horizontal swing low support, 78.6% Fibonacci retracement) where we might be seeing a bounce to our first resistance at 1295.84(61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the […]

  • Summary

    We are seeing a nice setup XAUUSD and XAGUSD as it is approaching our first support level. Here are some of our nice calls previously: NZDUSD bounced nicely: https://www.tradingview.com/chart/USDJPY/SdRuRQNk-HSI-approaching-support-potential-bounce/