• Summary

    Today we are seeing a nice setup on USDJPY and AUDJPY as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: EURUSD bounced perfectly above our first support to hit our major resistance target: USDJPY bounce perfectly from our first resistance and is […]

  • XAGUSD approaching support, potential for a bounce!

    XAGUSD is expected to drop to 1st support at 15.135 where it could potentially react off and up to 1st resistance at 15.525. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDUSD approaching support, potential bounce!

    AUDUSD is approaching our first support at 0.7008 (100% Fibonacci extension, horizontal swing low support) where we might be seeing a bounce to our first resistance at 0.7093 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure […]

  • EURJPY approaching resistance, potential drop!

    EURJPY is approaching our first resistance at 130.89 (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 129.17 (horizontal pullback support, 50% Fibonacci retracement , 61.8% Fibonacci extension ). Stochastics (55,5,3) is also approaching resistance and […]

  • EURCAD approaching resistance, potential drop!

    EURCAD is approaching our first resistance at 1.5090 (horizontal pullback 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 1.4942 (horizontal pullback support, 50% Fibonacci retracement). RSI (34) is approaching resistance and we might see a corresponding drop in price. […]

  • 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. […]

  • NZDCAD approaching resistance, potential drop!

    NZDCAD is approaching our first resistance at 0.8560 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8500 (horizontal swing low support). RSI (34) is also approaching our descending resistance line and a reaction below this level might […]

  • CHFJPY approaching resistance, potential drop!

    CHFJPY is approaching our first resistance at 113.26 (horizontal pullback resistance, breakout level) and a price might potentially drop to our major support at 112.16 (horizontal pullback support, 61.8% Fibonacci extension, 61.8%, 78.6% Fibonacci retracement, long term ascending support line). RSI (89) is also seeing a bearish exit and we might see a corresponding drop […]

  • XAUUSD reversed from resistance, potential drop!

    XAUUSD reversed off its resistance at 1415.11 where it could potentially drop further to 1392.65. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCAD approaching resistance, potential drop!

    USDCAD is approaching our first resistance at 1.3205 (horizontal swing high resistance, 61.8%, 100% fiboancci extension, 78.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.3078 (horizontal swing low support, 76.4% fiboancci retracement, ascending channel support). Stochastic (34,5,3) is also approaching resistance and we […]

  • USDJPY near resistance , could possibly drop

    USDJPY is approaching our first resistance at 109.80(horizontal swing low support, 61.8% Fibonacci extension,38.2% Fibonacci retracement ) where a strong drop might occur pushing the price down to our major support at 108.65(horizontal swing high resistance, ,50%Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also approaching resistance Trading CFDs on margin carries high risk. Losses can […]

  • Summary

    We are seeing a nice setup on GBPUSD and ASX as it is approaching support where we are expecting a bounce above this level. Here are some of our nice calls previously: USDCAD bounced nicely from our first support https://www.tradingview.com/chart/USDJPY/raaFUFZi-USDCAD-approaching-support-potential-bounce/ USDJPY reversed nicely from our first resistance as well: https://www.tradingview.com/chart/USDJPY/50XE97fQ-USDJPY-approaching-resistance-potential-drop/

  • HK33HKD approaching support, potential bounce!

    HK33HKD is approaching our first support at 25039 (61.8% Fibonacci extension, 76.4% Fibonacci retracemen, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 28000 (38.2% Fibonacci retracement, Horizontal swing high resistance). Stochastic (55,5,3) is also approaching support and we might see a corresponding […]

  • EURUSD approaching resistance, potential drop!

    EURUSD is approaching our first resistance at 1.1358 (Horizontal overlap resistance, 100% fibonacci extension, 50% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1252 (Horizontal overlap support, 76.4% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in […]

  • GBPUSD under bearish pressure, bearish below first resistance level

    GBPUSD is approaching our first resistance where we might be seeing a drop in price to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.