• NZDUSD reversing nicely below major resistance!

    Price is now reversing nicely below our major area of resistance from 0.7042 to 0.7084 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). Our next major level of support is at 0.6823 (Fibonacci extension, horizontal swing low support) and our next major level of resistance is at 0.7214 (Fibonacci retracement, horizontal swing high resistance). […]

  • GBPUSD testing major area of support!

    Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could occur at this level. Our next major level of resistance is at 1.3457 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 1.3210 […]

  • EURJPY drop expected towards key level of support

    We’re seeing major support at 131.73 (Multiple 100% Fibonacci extensions, 61,8% Fibonacci extension, horizontal swing low support) and a possible bounce could occur at this level. Our next major level of resistance is 132.73 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 131.16 (Major swing low support). Stochastic […]