Filtered by date: 11.12.2018. Clear
  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.7163 (61.8% fibonacci retracement, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.7163 (Horizontal pullback resistance, 50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.35 (Horizontal overlap resistance, 61.8% fibonacci extension, 23.6%, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 112.66 (100% fibonacci extension, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3442 (ascending channel resistance, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 112.66 (horizontal swing low support, 61.8% fibonacci extension, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might […]

  • ASX approaching support, potential bounce!

    ASX is approaching our first support at 5546 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and ASX as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: CADJPY dropped perfectly below our first resistance: https://www.tradingview.com/chart/CADJPY/mK1NvAgU-CADJPY-approaching-resistance-potential-drop/ AUDCAD bounced perfectly above out first support to hit our major resistance target: https://www.tradingview.com/chart/AUDCAD/T21YEeAp-AUDCAD-approaching-support-potential-bounce/