• NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6869 (Horizontal overlap resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.6817 (Horizontal swing low support, 38.2% fibonacci retracement). Stochastic (21, 5, 3) is also approaching resistance and we might see a corresponding drop in […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6707 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, Elliot wave structure) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6821 (50% fibonacci retracement, Horizontal pullback resistance). Stochastic (55,5,3) is also approaching support and we might see […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6806 (horizontal pullback support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur to our major resistance at 0.6839 (50% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we might be seeing a corresponding bounce in price. Trading CFDs on margin carries high […]

  • NZDUSD testing resistance, potential drop!

    NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (Horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6714 (horizontal swing low support, 61.8% Fibonacci retracement, 50% Fibonacci retrracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.67831 (horizontal swing high resistance, 50% fiboancci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6801 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6717 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD testing resistance, potential drop!

    Price is testing our first resistance at 0.6783 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction could occur below this level pushing price down to our major support at 0.6726 (horizontal swing low support). Stochastic (34,5,3) 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 0.6840 (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 […]