• CADJPY approaching support, potential bounce!

    CADJPY is approaching our first resistance at 83.21 (horizontal overlap support, long term ascending support line, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 84.71 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.81 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur pushing it up to our major resistance at 85.86 (61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is approaching support where we might see a corresponding rise in price should it bounce […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.48 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 84.86 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance where we might see a corresponding […]

  • CADJPY approaching support, potential bounce!

    Price is approaching our first support at 83.29 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 85.68 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching our support where a bounce off this […]

  • CADJPY Approaching Support, Potential Bounce!

    CADJPY is approaching its support at 84.74 (61.8% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap support) where price could potentially bounce to its resistance at 85.41 (horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 5.2% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses […]

  • CADJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 86.21 (61.8% Fibonacci extension , horizontal swing high resistance) where price might drop to its support at 85.35 (61.8% Fibonacci extension , 50%, 23.6% Fibonacci retracement , horizontal pullback support). Stochastic (89,5, 3) is approaching its resistance where we might see a corresponding drop in price. Trading CFDs […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.79 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 82.33 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement). A breakout below our intermediate support at 83.29 (horizontal […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.92 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where price might potentially drop to our major support at 85.18 (horizontal overlap support, 23.6% Fibonacci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price if it reacts off […]

  • CADJPY approaching support, potential bounce!

    CADJPY is broke out of our short term pullback support line and is approaching our first support at 83.85 (horizontal swing low support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 84.93 (78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (34,5,3) is also approaching […]

  • CADJPY testing support, potential bounce!

    CADJPY testing its support at 84.94 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance t 85.83 (horizontal overlap resistance). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • CADJPY approaching resistance, potential reversal!

    CADJPY is testing its resistance at 85.04 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse and fall to its support at 83.12 (horizontal swing low support). Stochastic (89, 5, 3) is testing resistance at 94% where a corresponding reaction could occur. Trading CFDs on margin carries high risk. Losses can exceed the […]

  • CADJPY approaching resistance, potential reversal!

    CADJPY is approaching its resistance at 84.94 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a potential react could occur, causing price to fall to its support at 80.58 (horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reaction could occur. Trading CFDs on margin […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.06 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 83.07 (horizontal swing low support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our […]

  • CADJPY approaching resistance, potential drop!

    CADJPY broke out of our short term ascending support line is approaching our first resistance at 85.13 (horizontal pullback resistance) where price could potentially react off this level and drop to our major support at 80.58 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. […]

  • CADJPY broke out of support, further potential drop!

    CADJPY broke out of its short term ascending support line and is testing our first resistance at 85.13 (horizontal overlap resistance) and a strong reaction might occur below this level pushing price down to our major support at 80.58 (horizontal swing low support). RSI is also seeing a bearish exit and Ichimoku cloud is showing […]