• GBPCAD approaching support, potential bounce!

    GBPCAD is approaching our first support at 1.7268 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.7443 (38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching our support where we might see a bounce in price. Trading CFDs on margin carries […]

  • Summary

    We are seeing a nice setup on NZDUSD and CADCHF as it is approaching resistance where we are expecting a drop below this level. CADJPY bounced nicely to our first resistance level: https://www.tradingview.com/chart/CADJPY/MEUeRWHv-CADJPY-approaching-support-potential-bounce/

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • EURNZD approaching resistance, potential drop!

    EURNZD is approaching our first resistance at 1.6606 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.6561 (61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses […]

  • CADJPY approaching support, potential bounce!

    CADJPY is approaching our first support at 82.27 (horizontal swing low support, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 82.93 (23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin […]

  • EURGBP approaching support, potential bounce!

    EURGBP is approaching our first support at 0.8404 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 0.8625 (Horizontal pullback resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our support where we might see a bounce in price. Trading […]

  • Summary

    We are seeing a nice setup on EURGBP and CADJPY as it is approaching support where we are expecting a bounce above this level. NZDJPY dropped nicely and is appraoching our major support level: https://www.tradingview.com/chart/NZDJPY/0KGYegl0-NZDJPY-approaching-resistance-potential-drop/

  • Gold And S&P500: Current State of Affairs

    The single currency appears to have dropped and reached the support zone formed between the levels 1.1300 and 1.1215.

  • EURJPY approaching support, potential bounce!

    EURJPY is approaching our first support at 125.93 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 126.90 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. […]

  • AUDCHF approaching resistance, potential drop!

    AUDCHF is approaching our first resistance at 0.7105 (horizontal overlap resistance, 76.4%, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.778 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop […]

  • EURCHF approaching support, potential bounce!

    EURCHF is approaching our first support at 1.1313 (horizontal swing low support, 50% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1394 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a […]

  • GBPJPY approaching support, potential bounce!

    GBPJPY is approaching our first support at 144.84 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 146.74 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching our support where we might see a bounce in price. Trading CFDs on margin carries […]

  • 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/

  • EURJPY approaching support, potential bounce!

    EURJPY is approaching our first support at 125.87 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 126.88 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. […]

  • EURNZD approaching resistance, potential drop!

    EURNZD is approaching our first resistance at 1.6764 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.6669 (61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading […]