Filtered by date: 06.05.2019. Clear
  • Trade talks progress was no more than… House of Cards

    Safe heavens advanced while risk appetite was dampened at the start of the week after Trump opened a new chapter in the tariff war on Sunday. The US president said he would like to introduce tariffs for 200 billion dollars of Chinese goods this week and promised to plague bilateral trade with more barriers soon.

  • US Dollar Could Jump while Euro Could Temporarily Drop

    Today we discuss the interesting future of the currency pair EUR/USD, Australian dollar and oil.

  • EURJPY approaching support, potential bounce!

    EURJPY is approaching our first support at 123.33 (50% 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 124.64 (horizontal swing high resistance, 38.2% Fibonacci retracement,61.8% Fibonacci extension). Stochastic is also approaching support where we might see a […]

  • XAGUSD near key resistance, could possibly drop!

    XAGUSD is approaching our first resistance at 15.31 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.46 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance Trading CFDs on margin […]

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

    SPX is approaching our first resistance at 2958.4 (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 resistance. Trading CFDs on margin carries high risk. Losses can exceed […]

  • XAUUSD near horizontal swing high resistance, could possibly drop!

    XAUUSD is approaching our first resistance at 1288.77(horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1266.73 (horizontal swing low support, , 61.8% Fibonacci extension). Stochastic is also approaching resistance. Trading CFDs on margin carries high risk. […]

  • Summary

    We are seeing a nice setup XAUUSD and XAGUSD as it is approaching our resistance level Here are some of our nice calls previously: XAGUSD bounced nicely: https://www.tradingview.com/chart/EURCHF/jr7kkVH6-XAGUSD-approaching-support-potential-bounce/