Filtered by date: 02.11.2018. Clear
  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 75.53 (horizontal swing high resistance, 100% Fibonacci extension, 61.8%, 50%, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 74.43 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we […]

  • NZDCAD approaching resistance, potential drop!

    NZDCAD is approaching our first resistance at 0.8768 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.8651 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop […]

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1240.00 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1225.96 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5740 (horizontal overlap support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.6048 (horizontal pullback resistance, 50% Fibonacci extension). Stochastic (89,5,3) is also approaching support we might see a corresponding rise in price […]

  • Summary

    Today we are seeing a nice setup on NZDCAD and NZDJPY where they are approaching resistance where we are expecting a bounce above this level. Here are some of our nice calls previously: USDCHF reversed perfectly from our first resistance and is approaching our major support target: https://www.tradingview.com/chart/USDCHF/BCaib36R-USDCHF-approaching-resistance-potential-drop/ XAUUSD bounced perfectly above our first support […]