Prices are approaching our support in line with our horizontal pullback support and ascending trend line where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
EURJPY facing bullish pressure, potential for further upside!
EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement . If prices fall through 1st support level , prices might pullback to 2nd support which...
EURJPY facing bullish pressure, potential for further upside!
EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% fibonacci retracement. Prices might push up towards 1st resistance which coincides with 61.8% fibonacci extension and 127.2% fibonacci retracement. If prices fall through 1st support level, prices might pullback to 2nd support which coincides with 61.8%...
Breakout Identified in EURJPY
The Breakout Opportunities system has just bought EURJPY at 130.634. The system recommends entering this trade at any price between 130.412 and 130.777. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.424, suggesting that the EURJPY may have further...
Breakout Identified in GBPJPY
The Breakout Opportunities system has just bought GBPJPY at 151.68. The system recommends entering this trade at any price between 151.456 and 151.915. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.832, suggesting that the GBPJPY may have further...
GBPUSD approaching support, potential bounce | 17 Mar 2021
Prices are approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
GBPUSD approaching support, potential bounce | 17 Mar 2021
Prices are approaching support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
AUDCHF facing bearish pressure, potential for further downside!
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension . If...
AUDCHF facing bearish pressure, potential for further downside!
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension. If prices increase...
USDJPY is facing bullish pressure, potential for more upside
Prices are taking support from ascending trendline support and 1st support level , which coincides with 50% Fibonacci retracement and 50% Fibonacci extension . Prices might bounce towards 1st resistance which is 100% Fibonacci extension and -68% Fibonacci retracement Fibonacci confluence area. If prices fall through 1st support, prices might...