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...

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...