• 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 […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our firsts resistance at 0.9471 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong drop might occur below this level pushing price down to our major support at 0.9332 (100% Fibonacci extension, Elliot wave structure). Ichimoku cloud is also showing signs of bearish pressure in line […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.9555 (horizontal overlap resistance, 23.6%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.9419 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish bias in line with our bearish bias. […]

  • AUDCAD below major resistance, potential for a strong drop!

    AUDCAD is seeing major resistance below 0.9702 (Fibonacci retracement, horizontal overlap resistance, descending resistance) and a strong reaction could occur at that level to push prices all the way down to major support at 0.9627 (Fibonacci retracement, Fibonacci extension, horizontal overlap support). Stochastic (55,5,3) is seeing major resistance at 93% where a corresponding reaction could […]

  • AUDCAD approaching support, potential bounce!

    Price is approaching our first support at 0.9553 (Horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9698 (horizontal overlap resistance, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support where a bounce […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9551 (Horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9698 (horizontal pullback resistance, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and a bounce […]

  • AUDCAD approaching resistance, potential drop!

    AUDCAD is approaching our first resistance at 0.97072 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) where price might potentially drop to our major support at 0.9633 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs on margin […]

  • AUDCAD approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9838 (horizontal swing high resistance, 50% Fibonacci retracement, short term descending resistance line) where a strong reaction might occur below this level pushing price down to our major support at 0.9745 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching its resistance […]

  • AUDCAD approaching its resistance, potential reversal!

    AUDCAD is approaching resistance at 0.9961 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse from, causing price to fall to its support at 0.9839 (horizontal pullback support). Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reaction could occur. Trading CFDs on margin carries high risk. […]

  • AUDCAD testing resistance, potential drop!

    AUDCAD is testing our first resistance at 0.9717 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.9644 (horizontal pullback support, 50% Fibonacci retracement). Stochastic is also seeing a bearish divergence and is approaching resistance where a reaction off this level […]

  • AUDCAD approaching support, potential bounce!

    AUDCAD is approaching our first support at 0.9665 (horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9740 (horizontal overlap resistance, 61.8% Fibonacci retracement). A breakout above our intermediate resistance at 0.9709 (horizontal overlap resistance, 23.6% Fibonacci retracement) might provide the bullish acceleration to […]