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CADJPY is facing Bullish pressure.
CADJPY
, 240
Long
CADJPY: CADJPY is facing Bullish pressure.

Price is below first resistance at 87.730 in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension . It could potentially bullish from first support at 86.594 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci extension to first resistance at 87.730 in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension. Our bullish bias...

USDJPY potential reversal! Drop incoming.
USDJPY
, 240
Short
USDJPY: USDJPY potential reversal! Drop incoming.

USDJPY may continue to rise up to 1st resistance at 110.546 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension where it could potentially react off and drop down to 1st support at 109.113 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Our bearish view is further supported by how stochastic is reacting below resistance...

GBPJPY facing bullish pressure, potential for further upside!
GBPJPY
, 240
Long
GBPJPY: GBPJPY facing bullish pressure, potential for further upside!

Price is facing bullish pressure as it continues to hold above the ascending trendline support. We could potentially see a bounce at our 1st support at 150.953 in line with 50% Fibonacci retracement and 50% Fibonacci extension, and a further rise towards our 1st resistance at 152.449 which is in line with our 78.6% Fibonacci retracement and 23.6% Fibonacci...

EURNZD approaching 1st support, potential for a bounce!
EURNZD
, 240
Long
EURNZD: EURNZD approaching 1st support, potential for a bounce!

Price is reacting below first resistance at 1.70577 which is in line with 61.8% Fibonacci retracement and 38.2% Fibonacci extension. It could potentially bullish from first support at 1.67452 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension to first resistance. Our bearish view is further supported by how stocastic is reacting above the...

USDJPY is facing bearish pressure.
USDJPY
, 240
Short
USDJPY: USDJPY is facing bearish pressure.

Price is reacting below first resistance at 110.815 which is in line with horizontal swing high and 78.6% Fibonacci extension . It could potentially bearish from first resistance to first support at 109.117 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Our bearish view is further supported by how stochastic is reacting below the...

AUDCHF bearish continuation | 27th aug 2021
AUDCHF
, 240
Short
AUDCHF: AUDCHF bearish continuation | 27th aug 2021

Price is holding below the 100period MA signifying an overall bearish momentum. Price is expected to rally downwards to the 1st support level in line with the 23.6% Fibonacci retracement and 61.8% Fibonacci extension. Our bearish bias is also supported by the stochastic indicator where the K% line bounced away from the resistance level and showed a downward...

GBPJPY is facing Bullish pressure
GBPJPY
, 240
Long
GBPJPY: GBPJPY is facing Bullish pressure

Price is reacting above first support at 150.097 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. It could potentially bullish from first support to first resistance at 152.449 in line with 78.6% Fibonacci retracement and 23.6% Fibonacci extension. Our bullish bias is further supported by how MACD is shown to be holding above the 0 line....

AUDJPY facing bearish pressure |26th Aug 2021
AUDJPY
, 240
Short
AUDJPY: AUDJPY facing bearish pressure |26th Aug 2021

Price is seen to be holding below the descending trendline resistance, this signifies a bearish momentum on AUDJPY .(On the weekly chart, the price is still holding within the descending channel .) Price is expected to move towards the 1st Support in line with 38.2% Fibonacci retracement level, 78.6% and 100% Fibonacci extension . Our bearish bias is further...

UKOIL reversed from intermediate resistance, potential drop!
UKOIL
, 240
Short
UKOIL: UKOIL reversed from intermediate resistance, potential drop!

Price may retrace from 1st resistance at 71.88 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension to 1st support at 64.94 in line with 161.8% Fibonacci retracement and 78.6% Fibonacci extension. Our bearish bias is further supported by how Stochastic is testing resistance where price dropped in the past. Otherwise price may rise to 2nd resistance...

EURUSD bearish momentum | 25th Aug 2021
EURUSD
, 240
Short
EURUSD: EURUSD bearish momentum | 25th Aug 2021

Price is holding below the 200period MA and below the descending trendline resistance showing a bearish momentum continuation. Price is expected to push down to up to the 1st Support in line with the 61.8% and 78.6% Fibonacci extension . This bearish bias is further supported by the stochastic indicator, K% line is bounced away from the resistance level and is...

CADJPY short burst of bullish momentum | 24th Aug 2021
CADJPY
, 240
Long
CADJPY: CADJPY short burst of bullish momentum | 24th Aug 2021

Price has jus bounced off the 1st support in line with the 61.8% and 78.6% Fibonacci extension. Price is expected to rise up to the 1st Resistance in line with the 100% Fibonacci extension. This short term bullish bias is further supported by the price holding above the EMA 21 period and price is still holding above the ascending trendline support of the weekly...

USDJPY at descending trendline resistance, potential for drop
USDJPY
, 240
Short
USDJPY: USDJPY at descending trendline resistance, potential for drop

Price is at descending trendline resistance where it could potentially swing towards support at 109.113, in-line with 78.6% Fibonacci Retracement and 61.8% Fibonacci Extension. Otherwise, price may bullish above the 1st resistance at 110.147 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension towards 2nd resistance 110.546 in line with 78.6%...

UKOIL facing bearish pressure.
UKOIL
, 240
Short
UKOIL: UKOIL facing bearish pressure.

Price is facing bearish pressure as it holds under 1st resistance at 67.54 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension. Price may continue to bearish towards the 1st support at 64.46 in line with 161.8% Fibonacci retracement and 78.6% Fibonacci extension. Our bearish bias is further supported by MACD is shown to be holding below the 0...

USDCAD bullish momentum 23rd Aug 2021
USDCAD
, 240
Long
USDCAD: USDCAD bullish momentum 23rd Aug 2021

Price is holding above the ascending trendline support, this signifies a continuation of the bullish momentum. Price might push towards the 1st support and bounce up towards 1st resistance to form a higher low on the trendline. Our bullish support is further supported by the 50 period MA crossing over the 100 period MA forming a golden cross, in addition, the...

EURNZD facing bearish pressure, potential for further downside!
EURNZD
, 240
Short
EURNZD: EURNZD facing bearish pressure, potential for further downside!

Price is facing bearish pressure as it holds under 1st resistance in line with 141.4% Fibonacci retracement. Price may bearish towards the 1st support at 1.68408 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Our bearish bias is further supported by how stochastic is testing resistance where price dropped in the past. Otherwise price may...

AUDUSD bearish continuation 19 Aug 2021
AUDUSD
, 240
Short
AUDUSD: AUDUSD bearish continuation 19 Aug 2021

Price dropped lower and is approaching 1st support at 0.70514. Price is holding below the MA 50 indicating a continuation of a downward trend, our bearish bias is further supported by the price holding below the overall descending trendline resistance. Otherwise, failure to reach at 2nd Support will see price bounce towards 1st resistance at 0.73814 in line with...

GBPUSD continuation of bearish trend | 19th Aug
GBPUSD
, 240
Short
GBPUSD: GBPUSD continuation of bearish trend | 19th Aug

Price is holding below the descending trendline Potential sell entry at 1.37118 first support level in line with the 78.6% Fibonacci extension . Price is expected to ride down towards the 2nd support level in line with 100% Fibonacci extension and -27.2% Fibonacci retracement. Our bearish bias is further supported by price holding under the Ichimoku cloud and 50...

USDJPY is facing bearish pressure.
USDJPY
, 240
Short
USDJPY: USDJPY is facing bearish pressure.

Price is reacting below first resistance at 110.802 which is in line with 78.6% Fibonacci extension. It could potentially bearish from first resistance to first support at 109.113 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. Otherwise price may continue to bullish to 2nd resistance at 127.2% Fibonacci retracement and 100% Fibonacci...

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