• Summary

    We are seeing a nice setup on XAUUSD and USDCAD where we are expecting a drop below this level. CXY reversed perfectly from our first resistance: https://es.tradingview.com/chart/CADAUD/cxDpQ1ET-CXY-approaching-resistance-potential-drop/ NZDUSD bounced nicely from our first support as well: https://es.tradingview.com/chart/USDJPY/RlIRtGKH-NZDUSD-approaching-support-potential-bounce/

  • CXY approaching resistance, potential drop!

    CXY is approaching our first resistance at 6.9990 (horizontal overlap resistance, 78.6% Fibonacci retracement , 100%, 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6.9634 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal swing low support). Stochastic is also approaching resistance […]

  • CXY approaching resistance, potential drop!

    CXY is approaching our first resistance at 7.0544 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6.9899 (50% Fibonacci retracement, horizontal overlap support). Stochastic is also approaching resistance where we might see a corresponding drop in price. […]