• USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 111.87 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 111.43 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support level at 110.13 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 110.74 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 109.14 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 108.74 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (21,5,3) is approaching resistance where we might see a drop in price. […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 109.14 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 108.74 (horizontal overlap support, 23.6% Fibonacci retracement). RSI (21) is also seeing a bearish exit where we might see a corresponding drop in price. […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 109.751 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 107.201 (50% Fibonacci retracement, Horizontal swing low support). RSI (21) is also approaching resistance and we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 108.4 (Horizontal pullback resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 106.7 (Horizontal swing low support, 38.2% fiboancci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 109.75 (Horizontal swing low support, 100% fibonacci extension, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 111.43 (horizontal overlap resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension). Stochastic (21) is also approaching support and we might see […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.7 (horizontal swing high resistance, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 112.5 (61.8% fibonacci extension, 78.6% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresonding drop in price. Trading […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.35 (Horizontal overlap resistance, 61.8% fibonacci extension, 23.6%, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 112.66 (100% fibonacci extension, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.25 (horizontal overlap resistance, 61.8% fiboancci extension, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 112.73 (horizontal swing low support, 100% fiboancci extension, 61.8% fiboancci retracement). Stochastic (34,5,3) is also approaching resistance and we might see […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.65 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 112.97 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.65 (61.8% Fibonacci extension, horizontal pullback resistance, 38.2% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 112.97 (Horizontal swing low support, 100% fibonacci extension, 76.4% fibonacci retracement). Price broke through ichimoku cloud support and we are also […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 113.85 (horizontal overlap support, 23.6%, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 114.21 (horizontal pullback resistance, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 112.83 (Horizontal overlap support, 23.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 112.48 (horizontal swing high resistance, 61.8% fibonacci extension, 78.6% fibonacci retracment). RSI (55) is also seeing a bullish breakout and we might see a […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.66 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 111.89 (horizontal swing low support, 100% Fibonacci extension, 78.6% fibonacci retracement). RSI (55) is also approaching resistance and we might […]