• EURCHF approaching support, potential bounce!

    EURCHF is approaching our first support at 1.1237 (horizontal swing low support, 61.8%, 100% fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur below this level pushing price down to our major resistance at 1.1287 (Horizontal swing low support, 38.2% fiboancci retracement). Stochastic (34,5,3) is also approaching support and we might see a […]

  • AEX approaching resistance, potential drop!

    AEX is approaching our first resistance at 501.3 (78.6%, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 477.2 (78.6% fibonacci retracement, 61.8% fibonacci extension,horizontal swing low retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • EU50 approaching resistance, potential drop!

    EU50 is approaching our first resistance at 3087 (50% 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 3016 (38.2% fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • Summary

    Today we are seeing a nice setup on EU50 and AEX as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURNZD reversed nicely below our first resistance to before rising to test first resistance: https://www.tradingview.com/chart/EURUSD/n5KRNIwa-EURUSD-approaching-resistance-potential-drop/

  • Advance exports: Why Chinese trade data entered the red zone

    The global outlook was deeply impacted by the drastic drop in Chinese trade in December. The data on Monday showed that both exports and imports declined, with the pace of decline rising to the highest levels it has been in more than two years.

  • The Russian Ruble Potentially About to Jump Up

    Today we discuss the current status and future perspectives of the Russian currency and describe what American stock index S&P500 is now worth. We also analyze the tricky moves of the Japanese yen.

  • USDCHF approaching resistance, potential bounce!

    USDCHF is approaching our first resistance at 0.9898 (horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.9826 (61.8% fiboancci extension, 38.2% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding bounce […]

  • 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 […]

  • SPX approaching resistance, potential drop!

    SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 2406 (76.4% fibonacci retracement, 61.8% fibonacci extension). RSI (34) is also approaching resistance and we might see a corresponding drop in price should it […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • Summary

    Today we are seeing a nice setup on SPX and EURUSD as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: AUDNZD reversed nicely below our first resistance to touch our major support target: https://www.tradingview.com/chart/AUDNZD/bcwoqqMn-AUDNZD-approaching-resistance-potential-drop/

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 78.89 (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 74.74 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • GBPJPY approaching resistance, potential drop!

    GBPJPY is approaching our first resistance at 140.58 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 135.88 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 110.86 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 108.44 (horizontal swing low support, 50% Fibonacci retracement). RSI (88) is also seeing a bearish exit where we might see a corresponding drop in […]

  • GBPNZD approaching support, potential bounce!

    GBPNZD is approaching our first support at 1.8739 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement, ascending support’s channel) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8982 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support where we […]