• USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.42 (100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 111.17 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below this level might […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 111.75 (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 112.42 (76.4% Fibonacci retracement, 100% Fibonacci extension, long term descending resistance line). RSI (89) is also seeing a bullish exit and we might see […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.64 (horizontal swing high resistance, descending resistance line, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 110.91 (horizontal overlap support, 61.8% Fibonacci extension). Stochastic (55,5,3) is approaching resistance where we might see a […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.20 (horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 110.47 (horizontal overlap support, 61.8% Fibonacci extesion). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89) […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 110.69 (horizontal pullback resistance, 23.6% fiobnacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 110.28 (horizontal swing low support, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 111.47 (horizontal overlap 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 112.13 (horizontal overlap resistance, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.46 (horizontal overlap resistance, 76.4%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.09 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a reaction below this […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.47 (horizontal overlap resistance, 76.4%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.08 (horizontal swing low support, 61.8%, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a reaction below […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.40 (horizontal overlap resistance, 76.4%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.08 (horizontal swing low support, 61.8%, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and a reaction below […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.67 (50%, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.75 (61.8% Fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs […]

  • USDJPY Approaching Support, Potential Bounce!

    USDJPY is approaching its support at 110.53 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce and rise to its resistance at 111.49 (61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 8.25% where a corresponding bounce could occur. Trading CFDs on margin […]

  • USDJPY approaching resistance, potential drop!

    Price is approaching our first resistance at 111.52 (horizontal overlap resistance, 50%, 61.8% Fibonacci retracement , 100% Fibonacci extension, short term descending resistance line) and a strong reaction might occur below this level pushing price down to our major support at 111.06 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, long term ascending […]

  • USDJPY approaching support, potential bounce!

    Price is approaching our first support at 111.40 (horizontal overlap support, 50% Fibonacci retracement ) where a strong bounce might occur above this level, pushing price up to our major resistance at 112.20 (horizontal pullback resistance, 61.8% Fibonacci retracement ). RSI (89) is also seeing a bullish exit and approaching support where we might see […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.19 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback resistance) where price might drop to its support at 111.25 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance where we might see a corresponding drop in […]

  • USDJPY approaching support, potential bounce!

    Price is approaching our first support at 110.78 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension, long term ascending support line) and a strong bounce might occur below this level pushing price up to our major resistance at 113.09 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching […]