FXCM's USDOLLAR index is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. A movement of stochastic to 80 level and maintenance of that level (blue arrow) increase the chance of a successful trade. Trend following indicators may be useful in this case as a...
The US10Y started trending up in February. This adversely affected the NAS100 as growth stocks started to feel the pinch of higher discount rates. The 10-Yr reached a high of around 1.75% at the end of March and then began to pull back (red vertical). This supported the NAS100 and growth stocks in general at first, but yields started to drift and the NAS100...
Prices are facing bullish pressure from ascending trendline support in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards horizontal pullback resistance in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down, prices will take support from horizontal swing low support in line with...
GBPJPY is facing bearish pressure from descending trendline resistance. Prices might push down from horizontal overlap resistance in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci retracement as well as 100% Fibonacci extension. If prices push up above...
Prices are currently hovering around pivot level in line with horizontal swing low support, 78.6% Fibonacci retracement, and 161.8% Fibonacci extension. If prices breaks through pivot, prices might push up towards horizontal swing high resistance in line with 127.2% Fibonacci extension. If prices reverse from the pivot, prices might take support from horizontal...
The Tidal Shift Strategy has just bought EURCHF at 1.09047. The system recommends entering this trade at any price between 1.08978 and 1.09116. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.38719, which suggests that the EURCHF could be trending upwards. The 14-period...
NZDCHF holding below long-term descending trendline resistance. A short-term drop below our entry at 0.64396 and also Fibonacci confluence zone towards graphical swing low level at 0.63979 could be possible. Stochastic is testing resistance as well where the price dropped in the past.
Any opinions, news, research, analyses, prices, other information, or links to...
AUDNZD has seen a bearish breakout below the ascending trendline support-turned-resistance and is now holding below the moving average resistance. We could see price reverse at Sell Entry, in line with 50% Fibonacci retracement, 61.8%, 100% Fibonacci extension, and horizontal pullback resistance, and drop further towards Take profit, in line with -27.2% Fibonacci...
NZDUSD is holding below the descending trendline resistance, and RSI is also approaching the upper resistance where it has reversed from before, indicating possible bearish pressure. We could see a reversal and further downside below Sell Entry, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension, and horizontal pullback resistance, towards Take...
USDSGD currently facing bullish pressure above 38.2% Fibonacci retracement level and entry at 1.32533. With price holding above moving average, a short-term intraday push higher towards graphical swing high resistance and 61.8% Fibonacci extension level at 1.32773 could be possible.
Any opinions, news, research, analyses, prices, other information, or links to...
Gold has pulled back over the last few trading sessions and the Bollinger bands have narrowed (green rectangle). This would suggest an imminent expansion and a volatility increase. We note, that although Bollinger analysis is insightful with regard to volatility cycles it does not have much to say on price direction. An expansion with price maintaining its...
EURCAD is facing bullish pressure from ascending trendline support in line with 50% Fiboancci extension and 78.6% Fibonacci retracement . Prices might push up towards horizontal swing high resistance in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement . If prices push down further, prices might take support on horizontal swing low support in...
Price is facing bearish pressure as it continues to hold below the Ichimoku cloud and descending trendline resistances. We could see a further drop below Pivot , in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension , towards 1st Support, in line with 61.8% Fibonacci extension and horizontal swing low support.
Any opinions, news, research,...
Price is facing bearish pressure as it continues to hold under the descending trendline resistance, and Stochastics is also showing signs of bearish pressure as it is approaching the resistance level where it has reacted off of before, in line with our analysis. A break and close below Sell Entry level, in line with 50% Fibonacci retracement , 100% Fibonacci...
AUDCAD is currently hovering above 1st resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension . If prices break through 1st resistance, a further drop is expected towards horizontal overlap support in lie with 50% Fibonacci retracement and 50% Fibonacci extension . If prices reverses from 1st resistance, prices might face resistance from...
The Breakout Opportunities system has just sold USDCHF at 0.89418. The system recommends entering this trade at any price between 0.89292 and 0.89535. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 9.20574, suggesting that the USDCHF may have further to fall. A stop loss has been set at the...
The Tidal Shift Strategy has just bought GBPUSD at 1.41775. The system recommends entering this trade at any price between 1.41578 and 1.41972. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.66832, which suggests that the GBPUSD could be trending upwards.The 14-period...
GBPJPY reacting below descending trendline resistance and 61.8% Fibonacci retracement level at 155.107. A short term intraday drop towards graphical overlap support and Fibonacci confluence zone at 154.826 could be possible. Stochastic is testing resistance where price pulled back in the past as well.
Any opinions, news, research, analyses, prices, other...
