• CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.735 (Horizontal overlap resistance, 100% fiboancci extension, 61.8% fiboancci retracemenet) and a strong drop might occur pushing price down to our major support at 83.514 (50% Fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 82.47 (Horizontal swing low support, 100% Fibonacci extension, 23.6% Fibonacci retracment) where a strong bounce might occur above this level pushing price up to our major resistance at 73.06 (Horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is approaching support and we might see a corresponding rise in […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 81.98 (Horizontal swing high resistance, 61.8%, 78.6% Fibonacci retracement, 100%, 61.8% fiboancci extension, Descending channel’s resistance) and a strong drop might occur below this level pushing price down to our major support at 81.59 (61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.69 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 85.22 (61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.19 (100%, 61.8% fibonacci extension, 61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 113.96 (100% fibonacci extension, 61.% fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is also approaching resistance and we might […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.90 (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 83.58 (horizontal swing low support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 84.90 (horizontal pullback resistance, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 83.58 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 85.47 (horizontal overlap support, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 85.81 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.85 (100% Fibonacci extension, 50%, 78.6%, 61.8% Fibonacci retracement, Horizontal swing low support, Long term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 86.03 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is approaching support and […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 85.52 (horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 84.63 (61.8% Fiboancci extension). RSI (89) has seen a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 87.42 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 86.47 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 87.47 (horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 86.54 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). RSI (89) is seeing a bearish exit and we might […]

  • CADJPY approaching resistance, potential drop!

    CADJPY is approaching our first resistance at 89.45 (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 86.45 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first resistance at 83.21 (horizontal overlap support, long term ascending support line, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 84.71 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 84.81 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur pushing it up to our major resistance at 85.86 (61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is approaching support where we might see a corresponding rise in price should it bounce […]