• GBPCHF approaching resistance, potential drop!

    GBPCHF is approaching our first resistance at 1.2798 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2630 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and seeing a bearish […]

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.5241 (61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and price might drop to our major support at 1.5167 (horizontal pullback support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully […]

  • GBPCAD approaching resistance, potential drop!

    GBPCAD is approaching our first resistance at 1.7182 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.6951 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a reaction below […]

  • XAUUSD approaching resistance, watch for breakout!

    \ XAUUSD is approaching our first resistance at 1208.76 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a breakout of this level might push price up to our major resistance at 1239.19 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish […]

  • Summary

    Today we are seeing a nice setup on EURCAD and GBPCAD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: NZDUSD bounced perfectly up from our first support and is approaching our major resistance: https://www.tradingview.com/chart/NZDUSD/XPKTh6sC-NZDUSD-approaching-support-potential-bounce/

  • XAUUSD approaching resistance, potential drop!

    XAUUSD is approaching our first resistance at 1208 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1197 (horizontal swing low support). Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level might […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6619 (horizontal overlap support, 23.6 % Fibonacci retracement, 61.8% Fibonacci extension, breakout level) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6716 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 23.6%, 61.8% Fibonacci retracement). RSI (89) is also seeing a […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1739 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1663 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a reaction […]

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.7230 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7310 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in […]

  • Summary

    Today we are seeing a nice setup on AUDUSD and NZDUSD as it is approaching support where we are expecting a bounce above that level. Here are some of our nice calls previously: USDJPY reversed perfectly below our first resistance: https://www.tradingview.com/chart/USDJPY/sLwliZAP-USDJPY-approaching-resistance-potential-drop/

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.22 (horizontal overlap resistance, 100% fibonacci extension, 76.4% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 111.28 (horizontal swing low support, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresonding drop in price. Trading […]

  • EURCAD approaching support, potential bounce!

    EURCAD is approaching our first support at 1.5083 (horizontal swing low support, 61.8% fibonacci extension, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.5191 (61.8% fibonacci extension, 61.8% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1613 (horizontal overlap support, 61.8%, 100% fibonacci extension, 61.8% fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1732 (horizontal swing high resistance, 61.8% fibonacci extension). Stochastic (21,5,3) is also approaching support and […]

  • EURCHF testing resistance, potential drop!

    Price is testing our first resistance at 1.1270 (horizontal pullback resistance, 100% fibonacci extension, 38.2%, 50% fibonacci retracement, short term descending resistance line) where a strong drop might occur pushing price down to our major support at 1.1223 (horizontal swing low support, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see […]

  • Summary

    Today we are seeing a nice setup on EURUSD and EURCAD as it is approaching support where we are expecting a bounce above this level. Here are our nice calls previously: USDJPY bounced perfectly up our first support to hit our major resistance target: https://www.tradingview.com/chart/USDJPY/lqEeB4XE-USDJPY-approaching-support-potential-bounce/