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...

AUDCHF facing bearish pressure | 12th Apr 2021

Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices...

USDCHF facing bearish pressure | 9th Apr 2021

Prices are facing bearish pressure from pullback resistance which is in line with 100% Fibonacci extension and 50% Fibonacci retracement . Prices might push down towards 1st support, in line with 78.6% FIbonacci extension and -27.2% Fibonacci retracement fibonacci confluence area. If prices push up further, prices might face resistance...

USDCHF facing bearish pressure | 9th Apr 2021

Prices are facing bearish pressure from pullback resistance which is in line with 100% Fibonacci extension and 50% Fibonacci retracement. Prices might push down towards 1st support, in line with 78.6% FIbonacci extension and -27.2% Fibonacci retracement fibonacci confluence area. If prices push up further, prices might face resistance from...

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