Filtered by date: 14.06.2019. Clear
  • Chinese data keeps disappointing suggesting more stimulus measures are ahead

    Seeing downside surprises in the Chinese economic data is gradually becoming a habit. The growth rate of industrial output slowed to a 17-year low in May while decline in investment in fixed assets suggests that a quick recovery in production can’t be expected in the near-term.

  • EURUSD near key support, could possibly bounce

    Price is approaching our first support (61.8% Fibonacci extension,50% Fibonacci retracement, Horizontal swing low support) where a strong bounce might occur pushing the price up to our major resistance (Horizontal swing high resistance, 61.8% Fibonacci extension). Stochastics also showing support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please […]

  • USDCHF reversed off resistance, could possibly drop

    Price is reversed off its 1st resistance (100% Fibonacci extension*2, horizontal swing high resistance, 38.2% Fibonacci retracement) where it is expected to reverse down to its support (horizontal swing low support,61.8% % Fibonacci extension, 50% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin […]

  • XAUUSD near resistance, could possibly drop

    Price is approaching its 1st resistance (horizontal swing high resistance) where it is expected to reverse down to its support (Horizontal overlap support,38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the initial investment […]

  • EURGBP near Resistance, Prepare For A Reversal

    Price is approaching its 1st resistance ( 76.4% Fibonacci retracement,61.8% Fibonacci extension,horizontal swing high resistance) where it is expected to reverse down to its support (Horizontal overlap support,61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (34, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses […]

  • Summary

    We are seeing a nice setup EURGBP and USDCHF as it is near key resistance. Here are some of our nice calls previously: USDCHF reversed nicely: https://www.tradingview.com/chart/EURCHF/oXrilT16-USDCHF-testing-resistance-could-possibly-drop/