Prices are on bullish momentum. We see the potential for a bounce from our buy entry at 0.6588 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 0.66376 in line with 61.8% Fibonacci retracement . Our bullish bias is further supported by Golden Cross...
USDCAD potential for further uptrend |4th Jan
Price is trading in an ascending channel and is near buy entry price of 1.27600 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can potentially go to the take profit level of 1.29457 which is also the graphical swing high level. Our bullish bias is supported...
Breakout Identified in GBPJPY | 4th Jan
The Breakout Opportunities system has just bought GBPJPY at 155.848. The system recommends entering this trade at any price between 155.608 and 156.101. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -3.046, suggesting that the GBPJPY may have further...
EURUSD potential for further uptrend |4th Jan
Price is abiding by an ascending trendline and near buy entry price of 1.12740 which is also 61.8% Fibonacci retracement and 61.8% Fibonacci projection . Price can potentially go to the take profit level of 1.13865 which is also 100% Fibonacci projection and 50% Fibonacci retracement . Our bullish bias...
EURUSD potential for reversal |30th Dec
Price is near sell entry level of 1.13714 which is also 100% Fibonacci projection and 38.2% Fibonacci retracement . Price can potentially dip to the take profit level of 1.12354 which is 100% Fibonacci projection and 78.6% Fibonacci retracement . Our bearish bias is supported by stochastic indicator as it...
USDCAD potential for bullish continuation | 30th Dec
Price is near buy entry price of 1.27658 and is also 78.6% Fibonacci projection and 61.8% Fibonacci retracement . Price can potentially go to the take profit level of 1.29486 which is also the graphical swing high. Our bullish bias is supported by the stochastic indicator as it is near...
USDCHF potential for reversal | 29th Dec
Price is near buy entry price of 0.91618 which is also 78.6% Fibonacci projection and 127.2% Fibonacci retracement . Price can potentially go to the take profit level of 0.92684 which is also 50% Fibonacci retracement and 161.8% Fibonacci projection . Our bullish bias is supported by the divergence in...
GBPNZD on bearish momentum! | 29 Dec 2021
Prices are consolidating in an ascending triangle . We see the potential for a dip from our sell entry at 1.97710 in line 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take Profit at 1.9696 in line with 38.2% Fibonacci retracement . RSI is at levels where dips previously...
CADJPY is on bearish momentum! | 29 Dec 2021
Prices is on bearish momentum and abiding to our daily descending trendline. Our sell entry is placed at 89.624 in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension towards our Take Profit at 88.108 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci retracement . Technical indicators are showing...
AUDUSD short-term bearish drop | 29th Dec 2021
On the H4, price is reacting in an ascending channel , signifying bullish momentum. However, price is currently at a resistance, we can expect price to drop from 1st Resistance in line with 127.2% Fibonacci projection and 127.2% Fibonacci Extension towards 1st Support in line with 50% Fibonacci retracement ....