Filtered by date: 16.08.2018. Clear
  • Summary

    Today we are seeing a nice setup on AUDCAD and EURCAD as it is approaching resistance where we are expecting a drop below this level. 1. GBPAUD reversed perfectly from our first resistance and is approaching our major support target: 2. USDJPY reversed nicely below our first resistance and is approaching our major support target:

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 80.83 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 79.33 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 74.13 (horizontal pullback resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 123.50 (horizontal swing low support, 100% Fibonacci extension, 50%, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure […]

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.4955 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.4811 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9555 (horizontal overlap resistance, 23.6%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.9419 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish bias in line with our bearish bias. […]

  • USD/CAD is forming a flag: how long will it last?

    We discuss the patterns formed by Canadian currency (USD/CAD) and describe interesting strong signals indicating the possible increase in the Bitcoin rate.