• AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9485 (horizontal overlap support, 38.2% fibonacci retracement, 100% fibonacci extension) where a strong bounce to our major resistance at 0.9524 (horizontal overlap resistance, 50% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high […]

  • Summary

    We are seeing a nice setup on EURAUD and NZDJPY as it is approaching resistance where we are expecting a drop below this level. AUDCAD dropped perfectly from our first resistance to hit our major support target: https://www.tradingview.com/chart/AUDCAD/ITLkbHoy-AUDCAD-approaching-resistance-potential-drop/

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9487 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 0.9423 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • 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 […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9396 (100%, 61.8% Fibonacci extension, horizontal swing low support, 76.4% fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 0.9428 (horizontal pullback resistance, 38.2% fibonacci retracement). Stochastic (34, 5, 3) is also approaching support and we might see a corresponding rise […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9364 (horizontal pullback support, 61.8%, 100% Fibonacci extension, 61.8%, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9444 (horizontal overlap resistance, 38.2% fiboancci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9550 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.9526 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9629 (horizontal swing low support, 32.8% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9726 (100%, 61.8% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9523 (horizontal swing low support, 38.2% fibonacci retracemen, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9674 (61.8% Fiboancci retracement, 61.8% Fiboancci extension). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9770 (horizontal swing high resistance, 100% fiboancci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9632 (100% fibonacci extension, 23.6% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9518 (Horizontal swing high resistance, 38.2%, 50% Fibonacci retracement, 100% fibonacci extension, descending channel resistance) and a strong drop might occur pushing price down to our major support at 0.9346 (horizontal pullback support, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9484 (Horizontal swing high resistance, 100% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.9367 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is approaching resistance and we might see a corresponding drop in price. Trading CFDs […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9252 (horizontal overlap support, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9318 (horizontal swing high resistance). Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9277 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension, short term ascending channel) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9352 (horizontal swing high resistance, 61.8% Fibonacci extension). RSI (55) is approaching support and we might […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9381 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9422 (horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce […]