We're seeing price approach a major resistance level at 12858 which is an overlap resistance + 23.6% Fibonacci retracement and a 38.2% Fibonacci retracement. It'a also nice to see a descending resistance line and a bearish ichimoku cloud contribute to the bearish momentum of the setup. A reversal from here could see prices drop towards the 12804 level. Please be...
USDJPY could fall towards an overlap support. Price could hit the buy entry at 140.416 and potentially reverse to bounce higher. Take profit is at 142.114 which is an overlap resistance that sits under the 161.8% Fibonacci projection level. Stop loss is at 138.873 which is an overlap support. Please be advised that the information presented on TradingView is...
GBPAUD is falling towards an overlap support that aligns with the 127.2% Fibonacci projection level. Price could hit the buy entry at 1.85109 and potentially reverse to bounce higher. Take profit is at 1.86814 which is an overlap resistance that sits above the 23.6% Fibonacci retracement level. Stop loss is at 1.84337 which is an overlap resistance. Please be...
Price has just reacted off our sell entry at 0.9053 which aligns with a 61.8% Fibo retracement. Our take profit will be at 0.9009 which is a pullback support level. Stop loss will be at 0.9108 which is a swing high resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name...
Price is approaching our buy entry at 1.0790 which is an overlap support level that aligns with a 38.2% Fibonacci retracement. Our profit will be at 1.0848 which is an overlap resistance level. Stop loss will be at 1.0738 which is an overlap support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
We're seeing price make a nice double top reversal off the 127% Fibonacci extension. A reversal from here usually brings price down to the 100% level where it broke out from. We're zooming in a bit more into the H4 time frame and notice that price has formed a nice double top pattern. We could see price drop from the 1.0966 towards the 1.0932 which is the...
We're seeing price approach major resistance at 0.9094 which is an overlap resistance, 38.2% FIbonacci retracement, 61.8% Fibonacci projection and the bearish Ichimoku cloud is giving price a nice bearish momentum. A reversal from here could see prices drop towards the 0.8943 level. Please be advised that the information presented on TradingView is provided to...
USDJPY has hit the sell entry at 140.230 which is a key overlap resistance where several reversals have occurred recently. Could momentum carry price down to the take profit at 138.723 which is an overlap support that sits above the 38.2% Fibonacci retracement level? Stop loss is at 140.918 which is an overlap resistance at the recent swing-high. Please be...
EURUSD has hit the buy entry at 1.07790 which is a key overlap support. Could momentum carry price up to the take profit at 1.08471 which is an overlap resistance that sits under the 50.0% Fibonacci retracement level? Stop loss is at 1.07328 which is an overlap support that sits above the 61.8% Fibonacci retracement level. Please be advised that the information...
Gold could rise towards a key resistance at 1966.27 which has seen multiple reversals in the past. Price could reverse from here to drop lower. Take profit is at 1942.24 which is an overlap support. Stop loss is at 1984.43 which is an overlap support that sits below the 50.0% Fibonacci retracement level. Please be advised that the information presented on...
Price seems to be approaching a major resistance at 0.6811 which has seen multiple reversals in the past. A reversal from here could see prices being pushed down to 0.6730 which is a 23.6% Fiboancci retracement and our first support. What is worth taking note is that NZDUSD is also approaching a major resistance and could see a reversal soon too. Our bearish view...
We're seeing big resistance at 0.6182 which is a pullback resistance + 50% Fibonacci retracement and a 61.8% Fiboancci retracement. A reversal from here could see prices drop to 0.6149 which is our intermediate support - breaking that level could see a further bearish acceleration down to 0.6119. Please be advised that the information presented on TradingView is...
Gold (XAUUSD) could rise into an overlap resistance that sits under the 50.0% Fibonacci retracement level. Price could hit the sell entry at 1984.13 and potentially reverse to drop lower. Take profit is at 1952.46 which is an overlap support. Stop loss is at 2003.73 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Please be...
EURUSD could rise into an overlap resistance that sits just under the 50.0% Fibonacci retracement level. Price could hit the sell entry at 1.08471 and potentially reverse to drop lower. Take profit is at 1.08040 which is an overlap support. Stop loss is at 1.09091 which is an overlap resistance that sits just under the 61.8% Fibonacci retracement level. Please be...
GBPUSD is rising into an overlap resistance that sits just under the 78.6% Fibonacci retracement level. Price could hit the sell entry at 1.25769 and potentially reverse to drop lower. Take profit is at 1.24953 which is a recent swing-low support. Stop loss is at 1.26525 which is an overlap resistance. Any opinions, news, research, analyses, prices, other...
USDCHF is falling towards an overlap support that aligns with the 61.8% Fibonacci retracement level. Price could hit the buy entry at 0.90284 and potentially reverse to bounce higher. Take profit is at 0.91036 which is an overlap resistance. Stop loss is at 0.89862 which is an overlap resistance. Any opinions, news, research, analyses, prices, other information,...
USDCHF is falling towards an overlap support. Price could hit the buy entry at 0.89862 and potentially reverse to bounce higher. Take profit is at 0.90439 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.89540 which is an overlap resistance that sits just above the 61.8% Fibonacci retracement level. Any...
NZDUSD is rising into an overlap resistance that sits just above the 61.8% Fibonacci retracement level. Price could hit the sell entry at 0.61884 and potentially reverse to drop lower. Take profit is at 0.61142 which is an overlap support. Stop loss is at 0.62346 which is an overlap resistance that aligns with the 78.6% Fibonacci retracement level. Any opinions,...