• NZDJPY reversed from resistance, potential drop!

    NZDJPY reversed off its resistance at 71.289 where it could potentially drop further to 70.307. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    We are seeing a nice setup on EURCAD and AUDCAD as it is approaching support where we are expecting a bounce above this level. NZDJPY reversed perfectly below our first resistance to hit our major support target: https://www.tradingview.com/chart/NZDJPY/JRDzITX2-NZDJPY-approaching-resistance-potential-drop/

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (c). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • Summary

    We are seeing a nice setup on EURCAD and NZDCAD as it is approaching resistance where we are expecting a drop below this level. NZDJPY dropped perfectly from our first resistance: https://www.tradingview.com/chart/NZDJPY/9B72Fx7G-NZDJPY-approaching-resistance-potential-drop/

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • Summary

    We are seeing a nice setup on EURAUD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on AUDJPY as it is approaching resistance where we are expecting a drop below this level. NZDJPY reversed nicely from our first resistance and is approaching […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 77.22 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • Summary

    We are seeing a nice setup on EURGBP and CADJPY as it is approaching support where we are expecting a bounce above this level. NZDJPY dropped nicely and is appraoching our major support level: https://www.tradingview.com/chart/NZDJPY/0KGYegl0-NZDJPY-approaching-resistance-potential-drop/

  • Summary

    We are seeing a nice setup on GBPCHF and EURCHF as it is approaching support where we are expecting a bounce above this level. NZDJPY dropped nicely from our first resistance level and is approaching our major support target: https://www.tradingview.com/chart/NZDJPY/0KGYegl0-NZDJPY-approaching-resistance-potential-drop/

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.66 (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 74.98 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • NZDJPY approaching resistance, potential drop!

    NZDJPY is approaching our first resistance at 76.66 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance) where a strong drop might occur below this level pushing price down to our major support at 74.98 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop […]

  • NZDJPY approaching support, potential bounce!

    NZDJPY is approaching our first support at 75.114 (horizontal swing low support, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 75.67 (50% fiboancci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading […]