EURGBP is facing bullish pressure as it is now holding above the moving average support, and Stochastics is also approaching the support level where the price has bounced from in the past as well. We could see a bounce at Buy Entry, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension, and further upside towards Take Profit level, in line with...
CADCHF is holding above the ascending trendline support, and RSI has bounced from the support level where we have seen price bounce from in the past. We could see a further rise above Buy Entry level, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback support, towards Take Profit level, in line with 50%, 161.8% Fibonacci...
The Breakout Opportunities system has just bought AUDJPY at 84.111. The system recommends entering this trade at any price between 83.851 and 84.256. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.395, suggesting that the AUDJPY may have further to rise. A stop-loss has been set at the 24-hour...
NZDUSD is facing bullish pressure as it continues to hold above the ascending trendline and moving average supports. We could see further upside above the Buy Entry level, in line with 61.8% Fibonacci retracement and 100% Fibonacci extension, towards Take Profit level, in line with 61.8% Fibonacci extension and horizontal swing high resistance.
Any opinions,...
Prices are approaching support level in line with horizontal overlap support, 61.8% Fibonacci retracement, and 127.2% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 100% Fibonacci extension. If prices continue to push up, the next target might be horizontal swing high resistance in line with 161.8% Fibonacci...
GBPUSD testing and reacting above 61.8% Fibonacci retracement level and key graphical overlap support at 1.39493. A further push up above our entry towards graphical swing high and long-term 61.8% Fibonacci retracement level at 1.40088 could be possible. Price is holding above moving average support and we also see that a golden cross has formed, confirming a...
EURUSD drifted lower and is coming close to our entry where we have 50% Fibonacci retracement and also graphical overlap support at 1.19082. A short-term bounce towards our take profit at 1.20048 and Fibonacci confluence zone could be possible. Stochastic is also testing support where price bounced in the past as well.
Any opinions, news, research, analyses,...
USDCHF is showing a bullish breakout from the descending trendline resistance-turned-support, and Stochastics is also showing a possible bullish divergence with price. We could see further upside above Pivot, in line with 50% Fibonacci retracement and 127.2% Fibonacci extension, towards Take Profit level, in line with 76.4% Fibonacci retracement and 100% Fibonacci...
NZDUSD is facing bullish pressure as it continues to hold above the ascending trendline and moving average supports. We could see further upside above the Buy Entry level, in line with 61.8% Fibonacci retracement and 100% Fibonacci extension, towards Take Profit level, in line with 61.8% Fibonacci extension and horizontal swing high resistance.
Any opinions,...
USDCAD approaching resistance and graphical overlap resistance at 1.23280. Our entry is also in line with the 23.6% Fibonacci retracement level. With technical indicators showing room for further bearish momentum, a further drop towards long-term ascending trendline support and 61.8% Fibonacci extension level at 1.22627 could be possible.
Any opinions, news,...
CADJPY approaching 78.6% Fibonacci retracement level which also finds confluence with graphical overlap resistance. An intraday drop below our entry at 90.094 towards our target at 89.303 and 38.2% Fibonacci retracement could be possible. Stochastic is testing resistance where price pulled back lower in the past as well.
Any opinions, news, research, analyses,...
Prices are approaching ascending trendline support in line with horizontal pullback support in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement and 100% Fibonacci extension. If prices push down further, prices might take support on horizontal...
Prices are facing bearish pressure from descending trendline resistance in line with horizontal pullback resistance in line with 127.2% Fibonacci retracement. Prices might push down towards horizontal swing low support in line 61.8% Fibonacci retracement and 38.2% Fibonacci retracement. If prices continue to push up further, prices might face resistance from 78.6%...
The Breakout Opportunities system has just bought EURUSD at 1.19199. The system recommends entering this trade at any price between 1.191 and 1.19343. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -1.37873, suggesting that the EURUSD may have further to rise. A stop-loss has been set at the...
The Tidal Shift Strategy has just bought USDJPY at 110.739. The system recommends entering this trade at any price between 110.626 and 110.852. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.236, which suggests that the USDJPY could be trending upwards. The 14-period...
AUDCHF has just seen a bullish breakout from the descending trendline resistance-turned-support, and MACD is also now holding above the 0 line, showing potential for further bullish pressure. We could see price face further upside above Buy Entry level, in line with 38.2%, 50% Fibonacci retracement, 61.8% Fibonacci extension, and horizontal pullback support,...
EURJPY is facing bullish pressure as it now holds above the moving average support. We could see further upside above Buy Entry level, in line with 38.2%, 61.8% Fibonacci retracement, and horizontal pullback support, towards Take Profit level in line with -61.8%, 78.6% Fibonacci retracement, and horizontal pullback resistance.
Any opinions, news, research,...
Price has deviated from trend significantly on the daily chart since last Wednesday's Fed statement release. Trend, in this case, referring to the peaks and troughs on the daily as defined by the green trendline. However, the massive momentum acceleration over the last week has seen the gradient steepen to orange and then to red. This is unlikely to be sustainable...
