• NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6897 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6838 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6890 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6836 (38.2% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6835 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6790 (horizontal pullback support, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a drop in price. […]

  • Summary

    We are seeing a nice setup on GBPJPY and EURCHF as it is approaching support where we are expecting a bounce above this level. NZDUSD bounced nicely up from our first support and is appraoching our major resistance target: https://www.tradingview.com/chart/NZDUSD/dFnZr2ev-NZDUSD-approaching-support-potential-bounce/

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 0.6850 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6768 (horizontal overlap support, 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 0.6850 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish divergence and approaching support where […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6935 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6897 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6936 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6897 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6932 (horizontal swing high resistance, 100% Fibonacci extension, 50%, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6869 (38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6817 (horizontal swing low support, 38.2% fibonacci retracement, 100% fibonacci extension) and a strong bounce might occur pushing price up to our major resistance at 0.6867 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34, 5, 3) is also approaching support and we might see a corresponding rise in […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6935 (Horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 0.6879 (38.2% fibonacci retracement). Stochastic (34, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6869 (Horizontal overlap resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur pushing price down to our major support at 0.6817 (Horizontal swing low support, 38.2% fibonacci retracement). Stochastic (21, 5, 3) is also approaching resistance and we might see a corresponding drop in […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6707 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, Elliot wave structure) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6821 (50% fibonacci retracement, Horizontal pullback resistance). Stochastic (55,5,3) is also approaching support and we might see […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6806 (horizontal pullback support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur to our major resistance at 0.6839 (50% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we might be seeing a corresponding bounce in price. Trading CFDs on margin carries high […]

  • NZDUSD testing resistance, potential drop!

    NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (Horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on […]