• Russian Ruble Breaks the Level of 65. What’sNext?

    Today we discuss what is happening to Russian ruble and gold.

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0370 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.0341 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3241 (horizontal pullback support, 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.3381 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can […]

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.60 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.34 (61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6897 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6838 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • Summary

    We are seeing a nice setup on XAGUSD and AUDNZD as it is approaching resistance where we are expecting a drop below this level. CADJPY reversed nicely from our first resistance and is approaching our major resistance target: https://www.tradingview.com/chart/CADJPY/NVHOVmm4-CADJPY-approaching-resistance-potential-drop/

  • XAGUSD approaching resistance, potential drop!

    XAGUSD is approaching our first resistance at 15.59 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.36 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.0013 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0068 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5906 (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 1.5997 (61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 79.28 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 78.53 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • Summary

    We are seeing a nice setup on EURAUD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on AUDJPY as it is approaching resistance where we are expecting a drop below this level. NZDJPY reversed nicely from our first resistance and is approaching […]

  • Could the Ruble Break the Level of 65?

    Today we discuss what Russian ruble is currently up to and ponder what is happening to the stock index S&P500 and gold.

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.09 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 83.29 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • NZDCHF approaching resistance, potential drop!

    NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6779 (horizontal swing low support, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.001 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0071 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]