theforexarmy

theforexarmy

Buy above 0.8905. Stop loss at 0.8880. Take profit at 0.8945. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8905 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8945 (50% Fibonacci retracement, horizontal swing high...

theforexarmy

Buy above 1193. Stop loss at 1188. Take profit at 1199. Reason for the trading strategy (technically): XAUUSD is approaching its support at 1193 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1199 (61.8% Fibonacci retracement, horizontal swing high resistance)....

theforexarmy

Sell below 1.3097. Stop loss 1.3152. Take profit at 1.2977. Reason for the trading strategy (technically): USDCAD is approaching its resistance at 1.2977(61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.2977 (61.8% Fibonacci retracement, horizontal overlap...

theforexarmy

Sell below 1.3202. Stop loss 1.3243. Take profit at 1.3149. Reason for the trading strategy (technically): GBPUSD is approaching its resistance at 1.3202 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.3149 (38.2% Fibonacci retracement, horizontal swing low support)....

theforexarmy

Sell below 1.1378. Stop loss at 1.1416. Take profit at 1.1322. Reason for the trading strategy (technically): EURCHF reversed off its resistance at 1.1378 (100% Fibonacci extension, 76.4%, 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.1322(38.2% Fibonacci retracement, horizontal...

theforexarmy

Buy above 0.8922. Stop loss at 0.8903. Take profit at 0.8964. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8922 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8964 (61.8% Fibonacci retracement, horizontal swing high resistance)....

theforexarmy

Buy above 0.7242. Stop loss at 0.7213. Take profit at 0.7296. Reason for the trading strategy (technically): AUDUSD is approaching its support at 0.7242 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7296 (horizontal swing high resistance). Stochastic (55, 5, 3) is...

theforexarmy

Buy above 0.6624. Stop loss at 0.6598. Take profit at 0.6669. Reason for the trading strategy (technically): NZDUSD is approaching its support at 0.6624 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6669 (61.8% Fibonacci retracement, horizontal overlap resistance)....

theforexarmy

Sell below 0.9604. Stop loss at 0.9626. Take profit at 0.9554. Reason for the trading strategy (technically): USDCHF is testing its resistance at 0.9604 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9554 (horizontal swing low support) is expected. Stochastic (55, 5, 3) is approaching...

theforexarmy

Buy above 1.3062. Stop loss at 1.2974. Take profit at 1.3201. Reason for the trading strategy (technically): GBPUSD is approaching its support at 1.3062(100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3201 (61.8% Fibonacci retracement, horizontal overlap resistance)....

theforexarmy

Sell below 0.6717. Stop loss at 0.6765. Take profit at 0.6635. Reason for the trading strategy (technically): NZDUSD is approaching its resistance at 0.6717 (100% Fibonacci extension, 38.2%, 61.8%, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6635 (38.2% Fibonacci retracement, horizontal overlap support) is...

theforexarmy

Sell below 0.7315. Stop loss at 0.7364. Take profit at 0.7223. Reason for the trading strategy (technically): AUDUSD is testing its resistance at 0.7315 (100% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7223 (38.2% Fibonacci retracement, horizontal pullback support) is expected....

theforexarmy

Sell below 0.6719. Stop loss at 0.6768. Take profit at 0.6622. Reason for the trading strategy (technically): NZDUSD is testing its resistance at 0.6719(100% Fibonacci extension, 50% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6622(38.2% Fibonacci retracement, horizontal swing low support) is...

theforexarmy

Sell below 1.1781. Stop loss at 1.1937. Take profit at 1.1607. Reason for the trading strategy (technically): EURUSD is testing its resistance at 1.1781 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.1607 (38.2% Fibonacci retracement, horizontal swing low support) is expected....

theforexarmy

Sell below 0.7284. Stop loss at 0.7315. Take profit at 0.7231. Reason for the trading strategy (technically): AUDUSD reversed off its resistance at 0.7284 (100% Fibonacci extension, 61.8%, 50%, 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 0.7231 (23.6% Fibonacci retracement, horizontal swing...

theforexarmy

Sell below 81.82. Stop loss 82.77. Take profit at 80.73. Reason for the trading strategy (technically): AUDJPY is approaching its resistance at 81.82(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 80.73 (38.2% Fibonacci retracement, horizontal pullback support)....

theforexarmy

Buy above 1.5085. Stop loss at 1.5008. Take profit at 1.5211. Reason for the trading strategy (technically): EURCAD bounced nicely off its support at 1.5085 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5211 (50% Fibonacci retracement, horizontal overlap...

theforexarmy

Buy above 0.8863. Stop loss at 0.8820. Take profit at 0.8930. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8863 (50% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 0.8930 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is...