• NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6828 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6770 (horizontal pullback support, potential 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.67799 (horizontal pullback resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6741 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and seeing a bearish divergence where we […]

  • Summary

    We are seeing a nice setup on XAUUSD and USDCAD where we are expecting a drop below this level. CXY reversed perfectly from our first resistance: https://es.tradingview.com/chart/CADAUD/cxDpQ1ET-CXY-approaching-resistance-potential-drop/ NZDUSD bounced nicely from our first support as well: https://es.tradingview.com/chart/USDJPY/RlIRtGKH-NZDUSD-approaching-support-potential-bounce/

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6720 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support) where a strong bounce might occur above this level to our major resistance at 0.6829 (61.8% Fibonacci extension , 50% Fibonacci retracement , Horizontal overlap resistance). Stochastic is also approaching support where we might see […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6720 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level to our major resistance at 0.6829 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance). Stochastic is also approaching support where we might see a corresponding bounce in […]

  • Summary

    We are seeing a nice setup on CXY and BXY as it is approaching resistance where we are expecting a drop below this level. NZDUSD dropped perfectly below our first resistance: https://www.tradingview.com/chart/NZDUSD/rLrTn5eo-NZDUSD-approaching-resistance-potential-drop/

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6854 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6806 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6826 (horizontal pullback resistance, 38.2% fibonacci retracement). Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6897 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6838 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6890 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6836 (38.2% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6835 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6790 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a drop in price. […]

  • Summary

    We are seeing a nice setup on GBPJPY and EURCHF as it is approaching support where we are expecting a bounce above this level. NZDUSD bounced nicely up from our first support and is appraoching our major resistance target: https://www.tradingview.com/chart/NZDUSD/dFnZr2ev-NZDUSD-approaching-support-potential-bounce/

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 0.6850 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6850 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish divergence and approaching support where […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6935 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6897 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]