• NZDUSD testing resistance, potential drop!

    NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (Horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on […]

  • CHFJPY testing resistance, potential drop!

    CHFJPY is testing our first resistance at 110.02 (Horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 109.77 (Horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 125.84 (horizontal pullback resistance, 50%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 123.47 (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. […]

  • US30USD approaching resistance, potential drop!

    US30USD is approaching our first resistance at 24911.2 (horizontal swing high resistance, 76.4%, 618% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 23569.5 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on […]

  • Summary

    We are seeing a nice setup on EURJPY and CHFJPY as it is approaching resistance where we are seeing a drop below this level. Here are some of our nice calls previously: EURAUD bounced nicely above our first support and is approaching our major resistance: https://www.tradingview.com/chart/EURAUD/1VAtCcNR-EURAUD-approaching-support-potential-bounce/ NZDUSD bounced perfectly up from our first support to […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5807 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 1.6149 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6714 (horizontal swing low support, 61.8% Fibonacci retracement, 50% Fibonacci retrracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.67831 (horizontal swing high resistance, 50% fiboancci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 510 (61.8% fibonacci retracement, 61.8% fibonacci extension, descending channel resistance, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 485 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 27249 (78.6%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25883 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • Summary

    Today we are seeing a nice setup on HSI and AEX as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURUSD reversed nicely from our first support: https://www.tradingview.com/chart/EURUSD/mO4utut0-EURUSD-approaching-support-potential-bounce/

  • Is the Russian Ruble About to Jump Up?

    Today we discuss what the Russian currency is up to and analyze oil price chart. We also ponder where single currency is going to head.

  • UK100 approaching resistance, potential drop!

    UK100 is approaching our first resistance at 7013 (50%, 78.6% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 6771 (61.8% fibonacci extension, 50% fibonacci retracement, horizontal pullback support). Stochastic (83,5,3) is also approaching resistance and we might […]

  • NZDCHF approaching resistance, potential drop!

    NZDCHF is approaching our first resistance at 0.6742 (Horizontal pullback resistance, 50% Fibonacci retracement, 100% Fiboancci extension) and a strong drop might occur pushing price down to our major support at 0.6591 (Horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2508 (50% fibonacci retracement, horizontal pullback support). RSI (34) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 78.84 (horizontal pullback resistance, 161.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 75.94 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this […]