CADJPY facing bearish pressure | 13 Apr 2021

CADJPY is facing bearish pressure from a tentative descending trendline resistance as well as horizontal swing high resistance. Prices might push down towards horizontal swing low support, in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement . If prices break past the swing high, prices might face resistance from...

CADJPY facing bearish pressure | 13 Apr 2021

CADJPY is facing bearish pressure from a tentative descending trendline resistance as well as horizontal swing high resistance. Prices might push down towards horizontal swing low support, in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement. If prices break past the swing high, prices might face resistance from 61.8%...

GBPAUD facing bullish pressure | 13th Apr 2021

GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement. If prices fall through 1st support, prices might take...

Breakout Identified in EURJPY

The Breakout Opportunities system has just bought EURJPY at 130.427. The system recommends entering this trade at any price between 130.292 and 130.57. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.576, suggesting that the EURJPY may have further...

Breakout Identified in USDCHF

The Breakout Opportunities system has just sold USDCHF at 0.92416. The system recommends entering this trade at any price between 0.92293 and 0.92511. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 5.53585, suggesting that the USDCHF may have further...