• Summary

    We are seeing a nice setup on XAGUSD and AUDNZD as it is approaching resistance where we are expecting a drop below this level. CADJPY reversed nicely from our first resistance and is approaching our major resistance target: https://www.tradingview.com/chart/CADJPY/NVHOVmm4-CADJPY-approaching-resistance-potential-drop/

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.09 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 83.29 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]

  • Summary

    We are seeing a nice setup on NZDUSD and CADCHF as it is approaching resistance where we are expecting a drop below this level. CADJPY bounced nicely to our first resistance level: https://www.tradingview.com/chart/CADJPY/MEUeRWHv-CADJPY-approaching-support-potential-bounce/

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 82.27 (horizontal swing low support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 82.93 (23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin […]

  • Summary

    We are seeing a nice setup on AUDUSD and NZDUSD as it is approaching support where we are expecting a bounce CADJPY dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/CADJPY/dZTQZSWI-CADJPY-approaching-resistance-potential-drop/

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.86 (horizontal overlap resistance, 100%, Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 83.55 (Horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.76 (horizontal overlap resistance, 100%, Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 83.56 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.735 (Horizontal overlap resistance, 100% fiboancci extension, 61.8% fiboancci retracemenet) and a strong drop might occur pushing price down to our major support at 83.514 (50% Fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 82.47 (Horizontal swing low support, 100% Fibonacci extension, 23.6% Fibonacci retracment) where a strong bounce might occur above this level pushing price up to our major resistance at 73.06 (Horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is approaching support and we might see a corresponding rise in […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 81.98 (Horizontal swing high resistance, 61.8%, 78.6% Fibonacci retracement, 100%, 61.8% fiboancci extension, Descending channel’s resistance) and a strong drop might occur below this level pushing price down to our major support at 81.59 (61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.69 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 85.22 (61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.19 (100%, 61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 113.96 (100% fibonacci extension, 61.% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.90 (Horizontal overlap resistance, 61.8% fibonacci extension, 23.6%, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 83.58 (horizontal swing low support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.90 (horizontal pullback resistance, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 83.58 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 85.47 (horizontal overlap support, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 85.81 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce […]