CADJPY is currently taking support from an ascending trendline. Price could pullback to 1st support which coincides with the 61.8% Fibonacci retracement before bouncing up to 1st resistance which coincides with the 100% Fibonacci extension. If prices fall further below our entry, then our stop loss can be placed just...
Possible trend shift in USDCHF – going long
The Tidal Shift Strategy has just bought USDCHF at 0.91489. The system recommends entering this trade at any price between 0.91352 and 0.91626. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 5.03378, which suggests that...
EURAUD is facing bearish pressure, potential for further drop
Price is facing bearish pressure from our sell entry, in line with our graphical area, 38.2% fibonacci retracement and 61.8% fibonacci extension , where we could see a further drop below this level .
EURAUD is facing bearish pressure, potential for further drop
Price is facing bearish pressure from our sell entry, in line with our graphical area, 38.2% fibonacci retracement and 61.8% fibonacci extension, where we could see a further drop below this level .
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GBPJPY facing bullish pressure, potential for further upside
GBPJPY is facing upside pressure from ascending trendline support on the daily and weekly timeframe. It is also taking support from the horizontal swing low support which coincides with the 127.2% Fibonacci extension as well as the 161.8% Fibonacci extension. It will probably bounce to our 1st resistance which is...
GBPJPY facing bullish pressure, potential for further upside
GBPJPY is facing upside pressure from ascending trendline support on the daily and weekly timeframe. It is also taking support from the horizontal swing low support which coincides with the 127.2% Fibonacci extension as well as the 161.8% Fibonacci extension. It will probably bounce to our 1st resistance which is...
Gold is facing bearish pressure, potential reversal | 1 Mar 2021
Price is facing bearish pressure where we could see a reversal below our sell entry, EMA is showing signs of beraish pressure as well.
Gold is facing bearish pressure, potential reversal | 1 Mar 2021
Price is facing bearish pressure where we could see a reversal below our sell entry, EMA is showing signs of beraish pressure as well.
Breakout Identified in GBPJPY
The Breakout Opportunities system has just bought GBPJPY at 149.054. The system recommends entering this trade at any price between 148.654 and 149.292. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.274, suggesting that the GBPJPY may have further...