• USDCHF approaching support, bullish above first support level

    USDCHF is approaching first support at 1.0107 where we are expecting a bounce above this level to our major resistance level at 1.0231. Stochastic is approaching support as well and ichimoku cloud is also seeing signs of bullish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure […]

  • Summary

    We are seeing a nice setup on XAGUSD and NZDUSD as we are expecting a bounce above this level. USDCHF reversed perfectly from our first resistance: https://www.tradingview.com/chart/USDJPY/nx8IeycN-USDCHF-approaching-resistance-potential-drop/

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.0015 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance). where a strong drop might occur below this level pushing price down to our major support at 0.9956 (50% Fibonacci retracement, Horizontal swing low support). Stochastic is also approaching resistance and seeing a bearish divergence where we might […]

  • Summary

    We are seeing a nice setup on Nikkei and USDJPY as it is approaching resistance where we are expecting a drop below this level. USDCHF dropped perfectly to hit our first support target: https://www.tradingview.com/chart/USDCHF/Ews9ONKf-USDCHF-approaching-resistance-potential-drop/

  • Summary

    We are seeing a nice setup on Nikkei and USDJPY as it is approaching resistance where we are expecting a drop below this level. USDCHF dropped perfectly to hit our first support target: https://www.tradingview.com/chart/USDCHF/Ews9ONKf-USDCHF-approaching-resistance-potential-drop/

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.0007 (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 0.9959 (61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.0013 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0068 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 1.001 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.0071 (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed […]

  • Summary

    We are seeing a nice setup on USDCHF as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on NZDJPY as it is approaching resistance where we are expecting a drop below this level.

  • Summary

    We are seeing a nice setup on EURGBP and NZDUSD as it is approaching support where we are expecting a bounce above this level. USDCHF dropped nicely from our first resistance level to hit our major support target: https://www.tradingview.com/chart/USDCHF/WDYrxw5b-USDCHF-approaching-resistance-potential-drop/

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.0032 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.9993 (38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 1.0027 (horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 0.9955 (horizontal swing low support, 76.4% fibonacci retracement). RSI (89) is also approaching resistance and we might see a corresponding drop in price should it react off […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support, at 0.9924 (horizontal pullback support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9939 (horizontal pullback resistance, 23.6% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we might see a corresponding drop in […]

  • USDCHF approaching resistance, potential drop!

    USDCHF is approaching our first resistance at 0.9925 (Horizontal swing high resistance, 100% fibonacci extension, 23.6% Fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9905 (Horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price […]

  • USDCHF approaching support, potential bounce!

    USDCHF is approaching our first support at 0.99211 (Horizontal pullback support, 100% fibonacci extension, 23.6% fibonacci retracement, Elliot wave structure) and a strong bounce might occur below this level pushing price up to our major resistance at 0.9988 (Horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce […]