• 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 […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.82 Horizontal overlap resistance, 100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 112.11 (Horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.82 (38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur pushing price down to our major support at 112.08 (Horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • USDJPY is approaching support, potential bounce!

    USDJPY is approaching our first support at 112.15 (Horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 112.94 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in […]

  • USDJPY is approaching support, potential bounce!

    USDJPY is approaching our first support at 112.15 (Horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 112.94 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.47 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 112.15 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 113.03 (horizontal pullback support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major support at 115.38 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 113.33 (horizontal swing high resistance, 100% Fibonacci extension, 6.18% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 112.63 (23.6% Fibonacci retracement). Stochastic (34,5, 3) is also approaching resistance where we might see a corresponding drop in price […]

  • USDJPY approaching support, potential bounce!

    USDJPY is approaching our first support at 112.39 (horizontal overlap support, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 113.11 (horizontal swing high resistance). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 112.22 (horizontal overlap resistance, 100% fibonacci extension, 76.4% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 111.28 (horizontal swing low support, 50% fibonacci retracement). Stochastic (55,5,3) 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 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 […]