• USDCAD is approaching support, potential bounce!

    USDCAD is approaching our first support at 1.2887 (Horizontal overlap support, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.2997 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support and we might see a corresponding rise […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 81.93 (horizontal overlap resistance, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 80.23 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major resistance where we might see […]

  • BCOUSD approaching resistance, potential drop!

    BCOUSD is approaching our first resistance at 68.73 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 66.34 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding […]

  • Summary

    Today we are seeing a nice setup on GBPNZD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on CHFJPY as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: EURCAD […]

  • SPX near support, could possibly bounce

    SPX is approaching our first support at 2772.3 (61.8% Fibonacci extension, horizontal swing low resistance, 23.6% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 2868.9 (horizontal swing high resistance, ,100%Fibonacci extension). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9990 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9930 (61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching resistance and we might see a corresponding drop should it […]

  • GBPUSD is approaching resistance, potential drop!

    GBPUSD is approaching our first resistance at 1.3240 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.3138 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • DXY to reverse from downside confirmation, potential drop!

    DXY to reverse from its downside confirmation at 98.46 where it could potentially drop further to 98.09. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • XAUUSD approaching support, potential bounce!

    XAUUSD is approaching our first support at 1283.93 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1300.42 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs […]

  • Summary

    Summary Today we are seeing a nice setup on GBPCAD and XAUUSDas it is approaching support where we might expect a bounce above this level. Here are some of our nice calls previously: EURJPY reversed perfectly from our first resistance and is approachning our major support target: USDCHF bounced perfectly above our first support and […]

  • The Investment Bank Outlook 25-11-2019

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 80.88 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 79.33 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in […]

  • EURJPY test key resistance, could possibly drop

    EURJPY is testing our first resistance at 122.80 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop to its support at 122.12 (horizontal swing low support, 100% Fibonacci extension). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    Today we are seeing a nice setup on AUDJPY and USDCAD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: 1. AUDNZD reversed nicely below our first resistance and is approaching our major support target. A breakout of our intermediate support might […]

  • NZDCAD approaching resistance, potential drop!

    NZDCAD is approaching our first resistance at 0.8768 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.8651 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop […]