Appears that NZDJPY is currently approaching the horizontal swing high support in line with 161.8% Fibonacci retracement and 61.8% Fibonacci extension . We can expect price to resist off this level to plunge and take support at the horizontal swing low support at 76.098 which is in line with 61.8%...
XAUUSD facing bullish pressure | 05 Aug 2021
Price is approaching the 1808.605 level which is in line with the horizontal overlap support, 78.6% Fibonacci extension and the 38.2% Fibonacci extension . We can expect price to bounce up from this level and approach our swing high resistance which is in line with the 127.2% Fibonacci retracement and...
JPYBasket Hourly Dips In Strength
JPYBASKET is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increases the chance of a successful trade. Trend following...
XAGUSD H4 retrace to support, potential for bounce
Price has pulled back to strong support area at 25.30, in line with 38.2% Fibonacci Retracement, 61.8% Fibonacci Extension, and 50MA. Prices could potentially bounce towards resistance at 26. 05 , in-line with 78.6% Fibonacci Retracement and 200% Fibonacci Extension . If price drops below pivot, it could potentially swing...
NZDJPY facing bearish pressure | 04 August 2021
NZDJPY is currently approaching the horizontal swing high resistance which is in line with the 61.8% Fibonacci extension and the 161.8% Fibonacci retracement. We can expect price to resist off this area and reverse to take support at the horizontal swing low support at 76.054 which is in line with...
EURUSD H4 at descending trendline resistance, potential for drop
Price is at descending trendline resistance where it could potentially swing towards support at 1.18201, in line with 61.8% Fibonacci Retracement and 100% Fibonacci Extension. MACD is also indicating bearish momentum for possible downside. If price bounce above pivot, it could potentially swing towards resistance at 1.18945, in line with...
EURCAD facing bearish pressure | 4th August 2021
EURCAD is reversing from sell entry, in line with 100% Fibonacci extension. Prices are expected to fall to take profit, in line with 127.2% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci retracement extension. Indicator showing bearish reversal. Any opinions, news, research, analyses, prices,...
GBPAUD facing bullish pressure | 4th August 2021
GBPAUD approaching buy entry, in line with 38.2% Fibonacci retracement and extension. Prices are expected to rally to take profit, in line with 161.8% Fibonacci extension. Alternatively, prices may fall to stop loss, in line with 78.6% extension and 61.8% Fibonacci retracement. Indicator showing bullish bias. Any opinions, news, research,...
USDCAD facing bearish pressure | 04 August 2021
USDCAD is currently approaching the swing high resistance in line with the 100% Fibonacci extension and the 38.2% Fibonacci retracement. We can expect price to reverse off this level and take support at the horizontal swing low which is in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement. Our...
UKOILSPOT facing bearish pressure, potential to drop
UKOILSPOT reacting below the descending trendline and are likely to drop towards take profit in line with -27.2% Fibonacci retracement and near 100% Fibonacci extension. Alternatively, prices may rally up to stop loss at 73.81 in line with 61.8% Fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or...