• CADJPY is approaching support, potential bounce!

    CADJPY is approaching our first support at 84.62 (Horizontal swing low support, 100% Fibonacci extension, 23.6% Fibonacci retracement, bullish channel support). A strong bounce might occur at this level, pushing price up to our major resistance at 87.78 (horizontal overlap resistance, 61.8%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). A breakout above our intermediate resistance at […]

  • AUDUSD approaching resistance, potential drop!

    AUDUSD is approaching our first resistance at 0.7810 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 0.7738 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching our major resistance and descending […]

  • AUDNZD testing resistance, potential drop!

    Price is testing our major resistance at 1.0658 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.0554 (horizontal overlap support, 61.8% Fibonacci retracement). A breakout below our intermediate support at 1.0606 (horizontal overlap support, 23.6% Fibonacci […]

  • EURJPY testing resistance, potential drop!

    Price is testing our first resistance at 133.00 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). A strong drop might occur below this level, pushing price down to our major support at 130.13 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout below our intermediate support at 131.11 (horizontal swing low support, 61.8% Fibonacci […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22497.5 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 21414.8 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major resistance and we might see a corresponding […]

  • AUDNZD is approaching resistance, potential drop!

    AUDNZD is approaching our first major resistance at 1.060 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support level at 1.0489 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 1.0554 (horizontal overlap support, 38.2% […]

  • NZDUSD reacted off resistance, potential for further drop!

    NZDUSD broke out of our short term ascending pullback resistance line and reacted off our first resistance at 0.7345 (horizontal overlap resistance). A strong reaction might occur below this level, pushing price down to our major support level at 0.7306 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5943 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) which coincides with the short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 1.5790 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (55,5,3) […]

  • EURJPY approaching resistance, potential drop!

    Price is approaching our first major resistance at 132.89 (horizontal swing high resistance, 100% Fibonacci extension, Elliot wave structure). A strong reaction could occur below this level, pushing price down to our major support at 131.82 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). A breakout below our intermediate support at 132.15 (horizontal swing […]

  • USDX testing support, potential rise!

    Price is testing our first support at 89.40 (horizontal swing low support, 76.4% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 89.94 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8508 (horizontal swing high resistance, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.8376 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our long term ascending support line. Stochastic (55,5,3) is also approaching […]

  • AUDJPY broke out of resistance, further potential drop!

    AUDJPY broke out of our ascending channel and reacted off our first resistance at 83.27 (horizontal overlap resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 82.68 (horizontal overlap support). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish […]

  • AUDJPY testing support, potential rise!

    AUDJPY is testing our first support at 83.32 (horizontal overlap support, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension, support of ascending channel). A strong bounce might occur above this level, pushing price up to our major resistance at 84.08 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bullish […]

  • EURAUD testing resistance, potential drop!

    EURUAUD is testing our first resistance at 1.5897 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) which coincides with our short term descending support line. A strong reaction might occur below this level, pushing price down to our major support at 1.5787 (horizontal overlap support, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension). Ichimoku […]

  • CHFAUD approaching support, potential bounce!

    CHFAUD is approaching our first support at 1.3312 (horizontal overlap support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3480 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major support and a bounce off this level might […]