• AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 83.188 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 82.104 (horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension, short term ascending support line). RSI (89) is also seeing […]

  • AUDJPY approaching support, potential bounce!

    Price is approaching our first support at 82.10 (horizontal pullback support, 100% Fibonacci extension , 38.2% Fibonacci retracement , short term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 83.18 (horizontal swing high resistance 61.8% Fibonacci extension , 61.8% Fibonacci retracement ). Stochastic […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.13 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 80.48 (horizontal swing low support). A breakout below our intermediate support at 80.81 (horizontal swing low support, 100% Fibonacci […]

  • AUDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 81.94 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 80.73 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance where we might see a […]

  • AUDJPY is approaching support, potential bounce!

    Price is approaching our first support at 81.14 (horizontal swing low support, 100% Fibonacci extension) and might rise up to our major resistance at 82.69 (horizontal overlap resistance, 100% Fibonacci extension). Stochastic (55,5,3) is also seeing a bullish divergence and approaching our support where a bounce off this level might see a corresponding rise in […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 84.78 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 82.78 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a reaction off this […]

  • AUDJPY testing resistance, potential drop!

    Price is testing our first resistance at 82.19 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction could occur below this level pushing price down to our major support at 81.14 (horizontal swing low support). RSI is also seeing a bearish exit and we might see a corresponding drop in price. […]

  • AUDJPY lining up for a nice potential drop!

    AUDJPY is testing major resistance at 83.36 ( Fibonacci retracement , Fibonacci extension , horizontal overlap resistance, descending resistance, bearish divergence) and a strong drop could occur from here pushing price down to major support at 82.25 ( Fibonacci extension , horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below 96% where a […]

  • AUDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 82.59 (horizontal swing high resistance, 50% Fibonacci retracement) and a strong drop might occur below this level, pushing price down to our major support at 81.19 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). A breakout below our intermediate support at 81.98 (horizontal overlap support, 38.2% […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 81.96 (horizontal overlap resistance, 100% FibonaccI extension) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 81.14 (horizontal swing low support). Stochastic (34,5,3) is also approaching our major resistance where a reaction […]

  • AUDJPY bouncing off support, further potential rise!

    Price is bouncing off our first support at 81.89 (horizontal overlap support, 61.8% Fibonacci retracement) which coincides with our short term ascending support line. A further rally might occur above this level, pushing price up to our major resistance at 82.59 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 82.58 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 81.83 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) which coincides with our short term ascending support line. Ichimoku […]

  • AUDJPY approaching resistance, potential drop!

    AUDJPY is approaching our first resistance at 83.06 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 81.97 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension). A breakout below our intermediate support at 82.50 (horizontal overlap support, 50% […]

  • AUDJPY broke out of resistance, further potential drop!

    AUDJPY broke out of our ascending channel and reacted off our first resistance at 83.27 (horizontal overlap resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 82.68 (horizontal overlap support). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish […]

  • AUDJPY testing support, potential rise!

    AUDJPY is testing our first support at 83.32 (horizontal overlap support, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension, support of ascending channel). A strong bounce might occur above this level, pushing price up to our major resistance at 84.08 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bullish […]