EURAUD approaches resistance at 1.61218, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to surpass this level and increase towards take profit, in line with -61.8% Fibonacci retracement and 161.8% Fibonacci extension. Alternatively, prices may reverse off and take support at stop loss, in line...

Price is currently in descending wedge where we expect the price to swing towards descending trendline resistance at 1.18044. Both RSI and MACD indicate negative divergence where bearish price action could be limited and a potential bounce could occur. If the price continues to drop, it would swing towards support...

NZDUSD is in the bearish area on the daily chart on the left. The pair is taking a breather with the stochastic moving above 20. However, further angle and separation in the EMAs and a bearish cross of stochastic potentially reassert downward pressure. To this end, a movement of stochastic...

AUDUSD is in the bearish area on the daily chart on the left. The pair is taking a breather with the stochastic moving above 20. However, further angle and separation in the EMAs and a bearish cross of stochastic potentially reassert downward pressure. To this end, a movement of stochastic below the 20 level and maintenance of that...

USDCAD is showing bullish pressure as price is above a Fibonacci confluence and also moving average at 1.26937, we may see price push further up towards the Take profit level at 1.28008. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are...

The Breakout Opportunities system has just sold AUDJPY at 81.294. The system recommends entering this trade at any price between 81.152 and 81.452. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.517, suggesting that the AUDJPY may have further...

USDCHF pushed higher. With technical indicators showing room for further bullish upside, a further push up above 23.6% Fibonacci retracement at 0.91840 towards graphical swing high resistance and -61.8% Fibonacci retracement at 0.92678 could be possible. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained...

NZDUSD is holding below short-term descending trendline resistance. A short-term drop below 61.8% Fibonacci retracement level and our sell entry at 0.70039 towards graphical swing low support and take profit level at 0.69652 could be possible. Technical indicators are showing room for further bearish drop as well. Any opinions, news,...

USDJPY is holding above short-term ascending trendline support. A short-term bounce reaction above 38.2% Fibonacci retracement and our entry at 109.964 towards graphical swing high resistance and 78.6% Fibonacci extension at 110.343 could be possible. Stochastic is testing support where price bounced in the past as well. Any opinions, news,...

GBPJPY is facing bullish pressure and is holding above horizontal swing low support, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. We expect prices to increase to horizontal overlap resistance, in line with 161.8% Fibonacci extension. Alternatively, if prices break below horizontal swing low support, it may face...