GBPAUD facing bearish pressure | 23rd Apr 2021

Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension, and 161.8% Fibonacci retracement. If prices push higher, prices might face resistance from...

Breakout Identified in USDJPY

The Breakout Opportunities system has just sold USDJPY at 107.815. The system recommends entering this trade at any price between 107.697 and 107.914. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.357, suggesting that the USDJPY may have further...