Filtered by date: 13.03.2019. Clear
  • USDCAD approaching support, potential bounce!

    USDCAD is approaching our first support at 1.3331 (horizontal pullback support, 38.2% Fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.3416 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9392 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.9451 (61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • NZDCAD approaching support, potential bounce!

    NZDCAD is approaching our first support at 0.9086 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.9140 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6890 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6836 (38.2% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • Summary

    We are seeing a nice setup on AUDCAD and NZDCAD as it is approaching support where we are expecting a bounce above this level. CADCHF reverse nicely below our first resistance: https://www.tradingview.com/chart/CADCHF/guLgvMCV-CADCHF-approaching-resistance-potential-drop/