Price is respecting the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the...
Extreme trader sentiment points to possible EURAUD uptrend
Signal ID: 78990 Time Issued: Monday, 10 January 2022 01:00:00 GMT Status: open Entry: 1.5782 - 1.58246 Limit: N/A Stop Loss: 1.56841 The Trend Follower Strategy has just bought EURAUD at 1.58033. The system recommends entering this trade at any price between 1.5782 and 1.58246. The signal was issued because...
USDCHF potential for further downtrend |6th Jan
Price is abiding by the descending trendline and near sell entry price of 0.91794 which is also 78.6% Fibonacci projection and 23.6% Fibonacci retracement . Price can potentially dip to the take profit level of 0.91042 which is the graphical swing low level. Our bearish bias is supported by the...
EURUSD potential for further uptrend | 6th Jan
Price is abiding by an ascending trendline and is near buy entry level of 1.12798 which is also 50% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially go to the take profit level of 1.13869 which is 50% Fibonacci retracment. Our bullish bias is supported by RSI as...
GBPCAD potential for short pullback! | 6th Jan 2022
Prices are consolidating in an ascending triangle . We see the potential for a short pullback from our sell entry at 1.73137 in line with 100% Fibonacci extension towards our Take Profit at 1.72216 in line with 38.2% Fibonacci retracement . Alternatively, our stop loss will be placed at 1.73712...
EURGBP bullish bounce! | 6th Jan 2022
Prices are consolidating in a channel pattern. We see a potential bounce from our buy entry at 0.83350 in line with 100% Fibonacci extension towards our Take Profit at 0.84734 in line with 50% Fibonacci retracement and 61.8% Fibonacci extension . Divergence is spotted on RSI , further supporting the...
CADCHF is on bearish momentum!
Prices are on bearish momentum and abiding to our bearish trendline . We see the potential for a dip from our sell entry at 0.72188 in line with 50% Fibonacci extension towards our Take Profit at 0.710881 in line with 100% Fibonacci extension . RSI is at a level where...
GBPUSD potential for short reversal | 6th Jan
Price is abiding by a descending trendline and is near sell entry level of 1.35341 which is also 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 1.34320 which is also 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Our bearish...
AUDJPY short-term bearish momentum | 4th Jan 2022
Price is abiding to the ascending channel , signifying a bullish momentum. However, we can expect price to make a short-term bearish drop from the pivot level in line with 78.6% Fibonacci projection towards take profit level in line with 78.6% Fibonacci projection . Our bearish bias is further supported...
USDCHF, Bearish Continuation | 4th Jan 2022
Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement and 127.2% Fibonacci projection towards 1st Support in line with 100% Fibonacci projection . Our bearish bias is further supported by...