Prices are approaching resistance where we could see a reversal below this level. Our first resistance is in line with our 78.6% retracement and 100% extension.
Possible trend shift in EURAUD – going short
The Tidal Shift Strategy has just sold EURAUD at 1.54652. The system recommends entering this trade at any price between 1.54466 and 1.54838. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.02756, which suggests that...
CADJPY facing bearish pressure | 16th Apr 2021
Prices are facing bearish pressure from horizontal swing high resistance, in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push down towards horizontal swing low support, in line with 78.6% Fibonacci extension . If prices push higher, prices might face resistance from horizontal swing high resistance...
CADJPY facing bearish pressure | 16th Apr 2021
Prices are facing bearish pressure from horizontal swing high resistance, in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push down towards horizontal swing low support, in line with 78.6% Fibonacci extension. If prices push higher, prices might face resistance from horizontal swing high resistance in line...
Breakout Identified in EURJPY
The Breakout Opportunities system has just bought EURJPY at 130.41. The system recommends entering this trade at any price between 130.3 and 130.553. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.475, suggesting that the EURJPY may have further...
USDCAD is facing bearish pressure | 16 Apr 2021
Prices are approaching resistance where we could see a reversal below this level. EMA is showing signs of bearish pressure as well, in line with our bearish bias.
USDCAD is facing bearish pressure | 16 Apr 2021
Prices are approaching resistance where we could see a reversal below this level. EMA is showing signs of bearish pressure as well, in line with our bearish bias.
Possible trend shift in CHFJPY – going short
The Tidal Shift Strategy has just sold CHFJPY at 117.904. The system recommends entering this trade at any price between 117.775 and 118.033. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.446, which suggests that...
USDCHF facing bearish pressure | 15th Apr 2021
Prices are facing bearish pressure from descending trend line resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 78.6% Fibonacci retracement . Prices might push down towards 1st support which is in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement...
USDCHF facing bearish pressure | 15th Apr 2021
Prices are facing bearish pressure from descending trend line resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push down towards 1st support which is in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If...