Price is abiding by a descending trendline and near sell entry price of 1.35011 which is also 23.6% Fibonacci retracement and 61.8% Fibonacci projection . Price can potentially dip to the take profit level of 1.33102 which is also 127.2% Fibonacci projection and 78.6% Fibonacci retracement . Our bearish bias...
EURAUD bullish bounce! | 25th Jan 2022
Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our buy entry at 1.5746 in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement towards our 1.59355 in line with 61.8% Fibonacci retracement and 200% Fibonacci extension . Technical...
USDCAD potential for reversal | 25th Jan
Price is near buy entry price of 1.26234 which is also 38.2% Fibonacci retracement . Price can potentially go to the take profit level of 1.27645 which is also 61.8% Fibonacci retracement and 161.8% Fibonacci projection . Our bullish bias is supported by the ichimoku cloud indicator as price is...
USDCHF short-term bullish bounce | 24th Jan 2022
On the H4 timeframe, price is abiding to a descending channel , signifying a bearish momentum. However, we can expect price to make a short-term bullish bounce from pivot in line with 78.6% Fibonacci retracement towards take profit level in line with78.6% Fibonacci projection and 50% Fibonacci retracement . Our...
USDJPY bullish bounce | 24th Jan 2022
On the H4 timeframe, is abiding to the ascending channel on the daily, signifying an overall bullish momentum. We can now expect the price to bounce from pivot in line with channel support towards take profit level in line with 78.6% Fibonacci projection and 50% Fibonacci retracement . Our bullish...
GBPAUD bullish momentum! | 24th Jan 2022
Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry in line with 61.8% Fibonacci retracement towards our Take Profit at 1.9196 in line with 100% Fibonacci extension and 61.8% Fibonacci retracement . RSI is showing further bullish...
GBPJPY bearish momentum! | 24th Jan 2022
Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 154.823 in line with 100% Fibonacci extension and 61.8% Fibonacci extension towards our Take Profit at 152.620 in line with 161.8% Fibonacci Projection and 61.8% Fibonacci retracement...
USDCAD bearish dip! | 24th Jan 2022
Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our area of sell entry at 1.26023 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci extension towards our Take Profit at 1.24549 in line with 100% Fibonacci extension . Prices...
AUDUSD potential for dip | 24th Jan
Price is near sell entry price of 0.71702 which is also 78.6% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 0.70812 which is also 161.8% Fibonacci projection and 127.2% Fibonacci retracement . Our bearish bias is supported by the ichimoku cloud...
GBPUSD potential for dip | 24th Jan
Price has recently broken out of the ascending trendline and is near sell entry price of 1.35668 which is also 23.6% Fibonacci retracement . Price can potentially dip to the take profit level of 1.34625 which is also 50% Fibonacci retracement and 127.2% Fibonacci projection . Our bearish bias is...