GBPCHF approaching resistance, reversal incoming| 28th June 2021

GBPCHF is approaching horizontal pullback resistance in line with 161.8% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci extension. If prices continue to push up, prices might face resistance from horizontal swing high resistance in line with 61.8%...

GBPCAD facing bearish pressure|28th June 2021

Prices are approaching descending trendline resistance in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement Fibonacci confluence zone. Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci extension. if prices push up, prices might face resistance from horizontal swing high resistance in line with...

USDJPY potential for bounce|28th June 2021

USDJPY is facing bullish pressure from ascending trendline support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with -27.2% Fibonacci retracement and 100% Fibonacci extension. If prices continue to push downwards, prices might take support from horizontal...

CADCHF testing Sell Entry | 28th June 2021

CADCHF is testing the Sell Entry level, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal overlap resistance, where we could see a reversal and further downside towards Take Profit, in line with 50% Fibonacci retracement, 61.8%, 127.2% Fibonacci extension and horizontal swing low support. Stochastics is also...

GBPUSD facing bearish pressure | 28th June 2021

GBPUSD is facing bearish pressure as it holds below the descending trendline resistance and moving average resistance. We could see further downside below Pivot, in line with 50% Fibonacci retracement and descending trendline resistance, towards Take Profit, in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback support....