Filtered by date: 06.06.2019. Clear
  • Euro Drops and Trades Flat!

    Today we review the current status of EUR/USD and British pound as well as Australian and Canadian dollars. We also discuss interesting state of the cross rate of EUR/CHF.

  • EURJPY near support, could possibly bounce

    EURJPY is approaching our first support at 121.32 (61.8% Fibonacci extension, horizontal swing low resistance, 61.8% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 122.24(horizontal overlap resistance, ,100%Fibonacci extension, 50% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can […]

  • XAGUSD near key resistance, could possibly drop

    XAGUSD is approaching its resistance at 14.97(100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 14.62 (38.2% Fibonacci retracement,61.8% Fibonacci extension, horizontal pullback support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high […]

  • NZDUSD near support, could possibly bounce

    NZDUSD is approaching our first support at 0.6603(100% Fibonacci extension, horizontal swing low resistance, 38.2% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 0.6667 (horizontal overlap resistance, ,38.2% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the […]

  • USDJPY Approaching Resistance, Prepare For A Reversal

    USDJPY is approaching its resistance at 109.02 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 107.74(horizontal swing low support,61.8% Fibonacci retracement,100% Fibonacci extension). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries […]

  • Summary

    We are seeing a nice setup USDJPY and XAGUSD as it is near key resistance. Here are some of our nice calls previously: USDJPY bounced nicely: https://www.tradingview.com/chart/EURCHF/eQs65fOw-USDJPY-near-support-could-possibly-bounce/