• EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1739 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1663 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a reaction […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1613 (horizontal overlap support, 61.8%, 100% fibonacci extension, 61.8% fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1732 (horizontal swing high resistance, 61.8% fibonacci extension). Stochastic (21,5,3) is also approaching support and […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our support at 1.1607 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and price might potentially rise up to our major resistance at 1.1672 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price. Trading CFDs […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1528 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce m might occur above this level pushing price up to our major resistance at 1.1653 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement). RSI (89) is also approaching support and a bounce […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1654 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1595 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a reaction below this level might […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.17445 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.1529 (horizontal swing low support, 50% Fibonacci retracement). Stochastics (89,5,3) is approaching resistance where a reaction off this level might […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1623 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1435 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance where we might see a corresponding […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1627 (horizontal overlap resistance, 100% Fibonacci extension, 23.6%, 50% Fibonacci retracement, long term ascending support-turned-resistance line) and a strong drop might occur below this level pushing price down to our major support at 1.1202 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also […]

  • EURUSD Approaching Support, Potential Bounce!

    EURUSD is approaching major support at 1.1493 ( Fibonacci extension , major swing low support, bullish divergence ) and a strong bounce could occur at this level to push prices all the way up to major resistance at 1.1560 ( Fibonacci extension , horizontal pullback resistance). RSI (55) sees bullish divergence vs price signaling that […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1693 (horizontal overlap resistance, 38.2% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 1.1597 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a corresponding […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1724 (horizontal overlap 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 1.1590 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance line and we might see a […]

  • EURUSD approaching support, potential bounce!

    EURUSD is approaching our first support at 1.1626 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above that level pushing price up to our major resistance at 1.1723 (Horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also bouncing off our support and we […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1834 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.1504 (horizontal swing low support, 100% Fibonacci extension, Elliot wave structure). Stochastic (55,5,3) is also approaching our major resistance and a […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1644 (horizontal overlap resistance, 38.2% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.1511 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance and a reaction below this level might see a corresponding drop […]

  • EURUSD approaching resistance, watch for potential drop!

    Price is approaching our first resistance at 1.1640 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.1530 (horizontal swing low support, 100% Fibonacci extension). RSI (21) is also seeing facing bearish pressure from our resistance line and […]