• GBPNZD approaching support, potential bounce!

    GBPNZD is approaching our first support at 1.8739 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement, ascending support’s channel) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8982 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support where we […]

  • Summary

    Today we are seeing a nice setup on GBPNZD as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on CHFJPY as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: EURCAD […]

  • XAGUSD approaching resistance, potential bounce!

    XAGUSD is approaching our first resistance at 16.10 (Horizontal overlap resistance, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 15.49 (Horizontal swing low support, 23.6% fibonacci retracement , 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 109.751 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 107.201 (50% Fibonacci retracement, Horizontal swing low support). RSI (21) is also approaching resistance and we might see a corresponding […]

  • UK100 approaching resistance, potential drop!

    UK100 is approaching our first resistance at 6919 (61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 6705 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • ASX approaching resistance, potential drop!

    ASX is approaching our first resistance at 5788 (100% fibonacci extension, 50% fibonacci retracement , horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we […]

  • Summary

    Today we are seeing a nice setup on ASX and UK100 as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURCHF reversed nicely from our first resistance: https://www.tradingview.com/chart/USDJPY/qy782Yl2-HSI-approaching-resistance-potential-drop/

  • Euro Could Head Up After Powell’s Speech

    Jerome Powell’s speech about the Fed altering the balance sheet reduction in case the need arises caused the US Dollar to drop market wide despite release of the great employment data.

  • EURCAD approaching support, potential bounce!

    EURCAD is approaching our first support at 1.5082 (horizontal swing low support , 76.4%, 61.8% fiboancci retracement, 100% fibonacci extenison) and a strong drop might occur below this level pushing price down to our major support at 1.5296 (horizontal swing high resistance, 38.2% fibonacic retracement). Stochastic (55,5,3) is also approaching support and we might see […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance , 50% fibonacci retracement, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.0538 (horizontal overlap support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7113 (horizontal overlap resistance , 61.8% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6952 (horizontal pullback support , 38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • Summary

    Today we are seeing a nice setup on AUDNZD and AUDCHF as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURCHF reversed nicely below our first resistance: https://www.tradingview.com/chart/EURCHF/dAAnp0Ko-EURCHF-approaching-resistance-potential-drop/

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 110.86 (Horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 108.44 (horizontal swing low support, 50% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop […]

  • USDJPY approaching resistance, potential drop!

    USDJPY is approaching our first resistance at 108.4 (Horizontal pullback resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 106.7 (Horizontal swing low support, 38.2% fiboancci retracement). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should […]