Filtered by date: 23.01.2019. Clear
  • NZDUSD testing resistance, potential drop!

    NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (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 CFDs on […]

  • CHFJPY testing resistance, potential drop!

    CHFJPY is testing our first resistance at 110.02 (Horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 109.77 (Horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 125.84 (horizontal pullback resistance, 50%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 123.47 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • US30USD approaching resistance, potential drop!

    US30USD is approaching our first resistance at 24911.2 (horizontal swing high resistance, 76.4%, 618% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 23569.5 (38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on […]

  • Summary

    We are seeing a nice setup on EURJPY and CHFJPY as it is approaching resistance where we are seeing a drop below this level. Here are some of our nice calls previously: EURAUD bounced nicely above our first support and is approaching our major resistance: https://www.tradingview.com/chart/EURAUD/1VAtCcNR-EURAUD-approaching-support-potential-bounce/ NZDUSD bounced perfectly up from our first support to […]