• Is the EUR/USD About to Jump?

    Last week the EURUSD broke the 1.1170 horizontal level and jumped higher on Monday, signifying a formed bearish trap.

  • EURUSD reversed below resistance where we could see further drop!

    EURUSD reversed nicely from our first resistance where we might see a further drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the […]

  • EURUSD testing resistance where we could see further drop!

    EURUSD reversed nicely from our first resistance where we might see a further drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the […]

  • EURUSD Can Jump Anytime Soon

    Today we discuss developments regarding the world’s most popular currency pair, EURUSD, oil and British pound.

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.1283 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the […]

  • Summary

    We are seeing a nice setup on Nikkei and HSI as it is approaching resistance where we are expecting a drop below this level. EURUSD bounced perfectly from our first support: https://www.tradingview.com/chart/EURUSD/UeyQ3lvt-EURUSD-approaching-support-potential-bounce/

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce to our major resistance at 1.1283 (horizontal overlap resistance, 38.2% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.352 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 1.1440 (horizontal pullback resistance, 61.8%, 76.4% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. […]

  • Summary

    We are seeing a nice setup on CADJPY and XAUUSD as it is approaching resistance where we are expecting a drop below this level. EURUSD dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/EURUSD/PHpSB518-EURUSD-approaching-resistance-potential-drop/

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1408 (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.1350 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1375 (50%, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6869 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1503 (horizontal pullback resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.1443 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1363 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1460 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (34,5,3) is also approaching support where we might see […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1487 (horizontal overlap resistance, 61.8% fiboancci extension, 23.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1433 (Horizontal swing low support, 38.2% fiboancci retracement). RSI (89) is also approaching resistance and we might see a corresponding drop […]

  • EURUSD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.1532 (horizontal overlap resistance, 23.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong reaction could occur below this level pushing price down to our major support at 1.1369 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might […]