• NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 77.76 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.48 (horizontal swing low support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and seeing a […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 77.76 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 75.71 (horizontal pullback support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and seeing a bearish […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 77.83 (Horizontal swing high resistance, 61.8% and 50% fibonacci retracement, 100% fibonacci extension and a decreasing channel resistance) and a strong drop might occur pushing price down to our major support at 75.44 (Horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 78.08 (50%, 61.8% fibonacci retracement, horizontal swing high resistance, 100% fiboancci extension, descending channel resistance) and a strong drop might occur below this level pushing price down to our major support at 75.60 (Horizontal pullback support, 61.8% fiboancci extension, 38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 75.53 (horizontal swing high resistance, 100% Fibonacci extension, 61.8%, 50%, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 74.43 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 74.412 (Horizontal swing high resistance, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 73.541 (Horizontal overlap support, 50% fibonacci retracement). Stochastic (89,5,3) is approaching resistance and we might see a corresponding drop in price. Trading […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 73.95 (horizontal overlap 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 73.58 (horizontal pullback support, 100% Fibonacci extension, 23.6% Fibonacci retracement). RSI (34) is also approaching resistance and we might see a […]

  • NZDJPY approaching support, potential bounce!

    NZDJPY is approaching our first support at 72.43 (Horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fiobnacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 73.57 (horizontal overlap resistance, 100% fiboancci extension, 61.8% fibonacci retracement). RSI (34) has seen a bullish exit and we […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 73.54 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 72.43 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDJPY approaching support, potential bounce!

    NZDJPY is approaching our first support at 72.79 (Horizontal swing low support, 76.4% fibonacci retracement, 100% Fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 73.54 (horizontal swing low support, 50% fibonacci retracement). Stochastic (89,5,3) is approaching support and we might see a corresponding rise […]

  • NZDJPY approaching support, potential bounce!

    NZDJPY is approaching our first support at 73.48 (horizontal overlap support, 38.2% fibonacci retracement, 100% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 74.13 (horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 72.86 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8%, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 72.38 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 74.08 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 72.38 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance where we might see a corresponding drop in […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 74.15 (horizontal pullback resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 72.38 (horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and a reaction off this level might see a corresponding […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 74.13 (horizontal pullback resistance, 23.6%, 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 72.40 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price […]