Filtered by date: 08.08.2018. Clear
  • Summary

    Today we are seeing a nice setup on USDCAD as it is approaching first resistance where we are expecting a drop below this level. We are also seeing a nice setup on USDJPY as it is approaching resistance where we are expecting a drop below this level. 1. NZDCHF dropped perfectly from our first resistance […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9984 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might drop to its support at 0.9910 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is seeing […]

  • USDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 111.52 (horizontal overlap resistance, 50%, 61.8% Fibonacci retracement , 100% Fibonacci extension, short term descending resistance line) and a strong reaction might occur below this level pushing price down to our major support at 111.06 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, long term ascending […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7437 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.7383 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic 89,5,3) is also approaching resistance and a […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3065 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.2967 (horizontal swing low support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension, long term ascending support line). Stochastic (89,5,3) is approaching […]