• NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6594 (horizontal swing high resistance, 38.2%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.6551 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6631 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6539 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and a reaction below this level might […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our is approaching our first resistance at 0.6620 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6568 (horizontal overlap support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6718 (horizontal pullback resistance, 61.8% fibonacci retracement, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.6613 (horizontal overlap support, 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6718 (horizontal pullback resistance, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.6552 (horizontal swing low support). Stochastic (89,5,3) is also approaching our resistance and a reaction below this level might see […]

  • NZDUSD Reversed Off Descending Channel Resistance!

    NZDUSD reversed off at its resistance area at 0.68315 (100% & 61.8% Fibonacci extension, 76.4%F Fibonacci retracement, horizontal swing high resistance, descending channel resistance) where it could potentially fall to its support at 0.6774 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop […]

  • NZDUSD approaching resistance, potential drop!

    Price is approaching our first resistance at 0.6832 (horizontal pullback resistance, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • NZDUSD approaching resistance, potential drop!

    Price is approaching our first resistance at 0.6788 (horizontal swing high resistance, 23.6%, 38.2% Fibonacci retracement, 100% Fibonacci extension, resistance of bearish channel) and a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is approaching its resistance and […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.6778 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 0.6670 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing sign of bearish pressure in line with our bearish bias. RSI […]

  • NZDUSD approaching resistance, potential for drop!

    Price is approaching our first resistance at 0.6958 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.6826 (horizontal swing low support, 61.8% Fibonacci extension). A breakout below our intermediate support at 0.6886 (horizontal overlap support, 50% Fibonacci […]

  • NZDUSD approaching resistance, potential for drop!

    Price is approaching our first resistance at 0.6958 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.6826 (horizontal swing low support, 61.8% Fibonacci extension). A breakout below our intermediate support at 0.6886 (horizontal overlap support, 50% Fibonacci […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching its resistance at 0.6960 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where it could potentially react off, causing price to drop to its support at 0.6886 (78.6% Fibonacci retracement, horizontal swing low support) RSI (34) is seeing a bearish exit and approaching its resistance where we might see a corresponding […]

  • NZDUSD approaching resistance, potential drop!

    NZDUSD is approaching our first resistance at 0.7033 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.6985 (horizontal swing low support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance and a reaction […]

  • NZDUSD approaching support, potential bounce!

    NZDUSD is approaching our first support at 0.6992 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might potentially rise our major resistance at 0.7039 (horizonal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a corresponding rise in price. […]

  • NZDUSD reversed off resistance, potential further drop!

    NZDUSD reversed off its resistance at 0.7046 (100% Fibonacci extension, horizontal overlap resistance) where it could potentially fall to its next support at 0.6986 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has made a bearish exit from its ascending support line which contributes to our bearish bias. Trading CFDs on margin carries […]