• CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.52 (horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 84.63 (61.8% Fiboancci extension). RSI (89) has seen a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 87.42 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 86.47 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 87.47 (horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 86.54 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). RSI (89) is seeing a bearish exit and we might […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 89.45 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 86.45 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see […]

  • 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 […]