Filtered by date: 07.08.2018. Clear
  • Summary

    Today we are seeing a nice setup on NZDCHF as it is approaching resistance where we expect a drop below this level. We are also seeing a nice setup on AUDCAD as it is approaching support where we are expecting a bounce above this level. 1. NZDJPY dropped perfectly from our first resistance and is […]

  • EURCAD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.5120 (horizontal pullback resistance, 23.6% Fibonacci retracement) where price might drop to its support at 1.4821 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89) is seeing a bearish exit […]

  • NZDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.6722 (horizontal pullback resistance, 23.6% Fibonacci retracement , Elliot wave structure) and a strong reaction might occur below this level pushing price down to our major support at 0.6667 (horizontal swing low support, 100% Fibonacci extension ). Ichimoku cloud is also showing signs of bearish pressure in line […]

  • USDCAD approaching support, potential bounce!

    Price is approaching our first support at 1.2961 (Horizontal swing low support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3069 (horizontal overlap resistance, 38.2%, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching support where a […]

  • AUDCAD approaching support, potential bounce!

    Price is approaching our first support at 0.9553 (Horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9698 (horizontal overlap resistance, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support where a bounce […]