Prices are facing bullish pressure from ascending trendline support and horizontal pullback support, in line with 50% FIbonacci retracement and 61.8% Fibonacci extension. Prices might push up further towards 1st resistance in line with horizontal swing high resistance, 127.2% Fibonacci retracement and 161.8% Fibonacci extension. If prices fall through 1st...
Extreme trader sentiment points to possible EURJPY uptrend
The Trend Follower Strategy has just bought EURJPY at 130.681. The system recommends entering this trade at any price between 130.531 and 130.831. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.519. This suggests that the EURJPY could be trending upwards.The 14-period...
Extreme trader sentiment points to possible EURJPY uptrend
The Trend Follower Strategy has just bought EURJPY at 130.681. The system recommends entering this trade at any price between 130.531 and 130.831. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.519. This suggests that the EURJPY could be trending upwards.The 14-period...
NZDJPY is testing resistance, potential reversal | 26 Apr 2021
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
NZDJPY is testing resistance, potential reversal | 26 Apr 2021
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
AUDUSD is facing bullish pressure | 26th Apr 2021
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension . Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through a...
AUDUSD is facing bullish pressure | 26th Apr 2021
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through a pivot, prices...
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...
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...
AUDUSD approaching resistance | 23 Apr 2021
Prices are facing bearish pressure from descending trendline resistance, which is in line with 61.8% fibonacci extension and retracement, where we could see a further drop below this level towards our Take profit.