• USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9992 (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 0.9930 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9992 (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 0.9930 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9990 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9930 (61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching resistance and we might see a corresponding drop should it […]

  • USDCHF Approaching Support, Potential Bounce!

    USDCHF is approaching its support at 0.9911 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9969 (horizontal swing high resistance) Stochastic (21, 5, 3) bounced off its support at 4% where a corresponding rise could occur.

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9984 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might drop to its support at 0.9910 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is seeing […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9977 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might drop to its support at 0.9910 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs […]

  • USDCHF approaching support, potential bounce!

    Price is approaching our first support at 0.9857 (Horizontal swing low support, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9904 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support and a bounce off this level […]

  • USDCHF bounced off support, potential rise!

    USDCHF has bounced off its support at 0.9905 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support, ascending support line) where price could move up to its resistance at 0.9973 (61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) bounced off its support at 3.1% where a corresponding rise could occur. Trading CFDs on […]

  • USDCHF approaching support, potential bounce!

    Price is approaching our first support at 0.9990 (horizontal pullback support, 23.6% Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 1.0059 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension). RSI (89) is also approaching support where we might see a corresponding rise in price […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 0.9963 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.0067 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major support where a bounce off this […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 0.9984 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.0069 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement). RSI is also seeing approaching our major support where a […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 1.0055 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.9918 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). A breakout below our intermediate support at 0.9986 (horizontal […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9965 (horizontal swing high resistance, 78.6% Fibonacci retracement) which coincides with our long term descending resistance line where a strong reaction might occur below this level pushing price down to our major support at 0.9907 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is […]

  • USDCHF approaching resistance, potential drop!

    Price is approaching our first resistance at 0.9990 (horizontal swing high resistance, 76.4% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 0.9923 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bearish divergence and is approaching its resistance […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9989 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.9861 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance we might see […]