• Fed’s Brainard: Balance sheet normalization should end this year

    The Fed needs to stop the balance sheet reduction by the end of 2019, Leil Brainard, a member of the FOMC, said on Thursday, signalling that the central bank’s bond portfolio could ultimately remain significantly higher than expected just a few months ago.

  • Why we can’t fully trust December Retail Sales

    Earlier this week, the Bank of America warned investors about a possible slump of retail sales, using internal card spending data to build the forecast:

  • GBPJPY approaching support, potential bounce!

    GBPJPY is approaching our first support level at 140.68 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 143.18 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding […]

  • GBPNZD approaching support, potential bounce!

    GBPNZD is approaching our first support level at 1.8613 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8995 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support level at 110.13 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 110.74 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding […]

  • Summary

    We are seeing a nice setup on USDJPY and CADCHF as it is approaching support where we are expecting a bounce above this level. AUDCHF dropped perfectly from our first resistance to hit our major support target: https://www.tradingview.com/chart/AUDCHF/kZ0PvMxJ-AUDCHF-approaching-resistance-potential-drop/

  • When everybody sells, who buys? Who is supporting the US equities now?

    The US stock market and the Chinese yuan soared on rumors that President Trump is considering the option to move the deadline in negotiations with China, presumably by 60 days.

  • Our Success in 2018 – Infographic

    2018 has been a great year for us and we have got so many amazing achievements to be proud of including record financial results and new developments, all pointing to continued growth and unstoppable global expansion for our brand.

  • Swiss Franc Enters the Resistance Zone

    Today we discuss the current state of Swiss franc, British currency and American stock index S&P500.

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7191 (horizontal pullback resistance, 61.8% fiboancci retracement) and a strong drop might occur pushing price down to our major support at 0.7149 (38.2% Fibonacci extension, horizontal swing low support). Stochastic (55, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • EU50 approaching resistance, potential drop!

    EU50 is approaching our first resistance at 3272 (50% fibonacci retracement, 100% fibonacci extension, horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 3128 (38.2% fibonacci retracement). Stochastic (55, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2616 (38.2% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7146 (Horizontal pullback resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 0.7090 (horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and SPX as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: NZDUSD dropped below our first resistance to hit our major support target: https://www.tradingview.com/chart/NZDUSD/1UdIgBSK-NZDUSD-approaching-resistance-potential-drop/