Prices are taking support from ascending trendline support and 1st support level, which coincides with 50% Fibonacci retracement and 50% Fibonacci extension. Prices might bounce towards 1st resistance which is 100% Fibonacci extension and -68% Fibonacci retracement Fibonacci confluence area. If prices fall through 1st support, prices might take support...
USDCAD is facing bearish pressure | 16 Mar 2021
Prices are facing bearish pressure from our resistance, in line with our 23.6% fibonacci retracement where we could see a further drop below this level to our support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
USDCAD is facing bearish pressure | 16 Mar 2021
Prices are facing bearish pressure from our resistance, in line with our 23.6% fibonacci retracement where we could see a further drop below this level to our support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
USDJPY is facing bullish pressure, potential for more upside
USDJPY is facing bullish pressure and might bounce from pivot which coincides with 127.2% Fibonacci extension as well as 50% Fibonacci retracement . Prices might take a bounce towards 1st resistance which coincides with 100% Fibonacci extension as well as -27.2% Fibonacci retracement . If prices fall through pivot level,...
USDJPY is facing bullish pressure, potential for more upside
USDJPY is facing bullish pressure and might bounce from pivot which coincides with 127.2% Fibonacci extension as well as 50% Fibonacci retracement. Prices might take a bounce towards 1st resistance which coincides with 100% Fibonacci extension as well as -27.2% Fibonacci retracement. If prices fall through pivot level, it might...
GBPUSD is facing bullish pressure, potential bounce |15 Mar 2021
Price is facing bullihs pressure from our ascending trend line where we could see a further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
GBPUSD is facing bullish pressure, potential bounce |15 Mar 2021
Price is facing bullihs pressure from our ascending trend line where we could see a further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Breakout Identified in AUDJPY
The Breakout Opportunities system has just bought AUDJPY at 84.713. The system recommends entering this trade at any price between 84.586 and 84.852. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.926, suggesting that the AUDJPY may have further...
EURCAD is facing bearish pressure | 12 Mar 2021
Price is facing bearish pressure from our resistance and descending trend line, Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish pressure.
EURCAD is facing bearish pressure | 12 Mar 2021
Price is facing bearish pressure from our resistance and descending trend line, Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish pressure.