• NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6840 (23.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6890 (38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6886 (Horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price up to our major resistance at 0.6967 (horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6823 (Horizontal swing high resistance, 50% fiboancci retracement, 100% fiboancci extension) and a strong drop might occur pushing price down to our major support at 0.6743 (100% fibonacci extension, 78.6% fiboancci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6856 (horizontal overlap resistance, 61.8% fiboancci extension, 38.2% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6712 (Horizontal swing low support, 38.2% fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6697 (Horizontal pullback support, 100% fibonacci extension, 38.2% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6820 (Horizontal swing high resistance, 61.8 fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6724 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 0.6831 (horizontal swing high resistance, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching support and we might see a corresponding […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6580 (Horizontal overlap resistance, 61.8% fibonacci extension, 78.6% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6140 (Horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6578 (horizontal overlap resistance, 76.4% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.6521 (Horizontal swing low support, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6537 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6634 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (21,5,3) is also approaching support and we might see […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6632(horizontal overlap resistance, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6548 (horizontal overlap support, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (55,5,3) is […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6722 (horizontal overlap resistance, 100% Fibonacci extension, 61.8%, 38.2%, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6619 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6619 (horizontal overlap support, 23.6 % Fibonacci retracement, 61.8% Fibonacci extension, breakout level) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6716 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 23.6%, 61.8% Fibonacci retracement). RSI (89) is also seeing a […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6594 (horizontal swing high resistance, 38.2%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.6551 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6631 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6539 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and a reaction below this level might […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our is approaching our first resistance at 0.6620 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6568 (horizontal overlap support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line […]