theforexarmy

theforexarmy

Sell below 145.64. Stop loss at 147.13. Take profit at 143.81. Reason for the trading strategy (technically): GBPJPY reversed off its resistance at 145.64 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 143.81 (38.2% Fibonacci retracement, horizontal swing low...

theforexarmy

Buy above 0.8891. Stop loss at 0.8851. Take profit at 0.8950. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8891 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 0.8950 (38.2% Fibonacci retracement, horizontal overlap...

theforexarmy

Sell below 1.3033. Stop loss at 1.3097. Take profit at 1.2924. Reason for the trading strategy (technically): GBPUSD is testing its resistance at 1.3033 (100% & 61.8% Fibonacci extension, 50% & 23.6% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.2924 (50% Fibonacci retracement, horizontal swing low support) is...

theforexarmy

Sell below 0.7410. Stop loss at 0.7477. Take profit at 0.7320. Reason for the trading strategy (technically): CADCHF is testing its resistance at 0.7410(100% & 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7320(horizontal swing low support) is expected. Stochastic (55, 5, 3) has...

theforexarmy

Sell below 0.9713. Stop loss 0.9740. Take profit at 0.9655. Reason for the trading strategy (technically): USDCHF is approaching its resistance at 0.9713 (61.8% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.9655 (horizontal swing low support). Stochastic (89, 5,...

theforexarmy

Buy above 83.92. Stop loss at 83.17. Take profit at 85.11. Reason for the trading strategy (technically): CADJPY is approaching its support at 83.92 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 85.11 (50% Fibonacci retracement, horizontal pullback...

theforexarmy

Buy above 0.7106. Stop loss at 0.7071. Take profit at 0.7197. Reason for the trading strategy (technically): AUDUSD is approaching its support at 0.7106 (100% & 61.8%% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 0.7197 (38.2% Fibonacci retracement, horizontal swing high...

theforexarmy

Buy above 110.49. Stop loss at 110.23. Take profit at 110.90. Reason for the trading strategy (technically): USDJPY is approaching its support at 110.49 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 110.90 (38.2% Fibonacci retracement, horizontal pullback resistance)....

theforexarmy

Buy above 79.18. Stop loss at 78.45. Take profit at 80.68. Reason for the trading strategy (technically): AUDJPY is approaching its support at 79.18 (61.8% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 80.68 (61.8% Fibonacci retracement, horizontal pullback resistance)....

theforexarmy

Buy above 127.94. Stop loss at 127.01. Take profit at 129.69. Reason for the trading strategy (technically): EURJPY is approaching its support at 127.94 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where price is expected to bounce up to its resistance at 129.69 (61.8% Fibonacci retracement, horizontal swing high...

theforexarmy

Sell below 0.6620. Stop loss at 0.6645. Take profit at 0.6561. Reason for the trading strategy (technically): NZDUSD is testing its resistance at 0.6620 (38.2% & 23.6% Fibonacci retracement, overlap resistance) where a reversal to its support at 0.6561 (61.8% Fibonacci retracement, horizontal pullback support) is expected. Stochastic (55, 5, 3) has reversed off...

theforexarmy

Buy above 84.34. Stop loss at 83.77. Take profit at 85.34. Reason for the trading strategy (technically): CADJPY is approaching its support at 84.34 (61.8% Fibonacci extension, 50%, 76.4% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 85.34 (50% Fibonacci retracement, horizontal overlap resistance)....

theforexarmy

Sell below 0.6620. Stop loss at 0.6645. Take profit at 0.6561. Reason for the trading strategy (technically): NZDUSD is testing its resistance at 0.6620 (38.2% & 23.6% Fibonacci retracement, overlap resistance) where a reversal to its support at 0.6561 (61.8% Fibonacci retracement, horizontal pullback support) is expected. Stochastic (55, 5, 3) has reversed off...

theforexarmy

Buy above 0.7394. Stop loss at 0.7338. Take profit at 0.7484. Reason for the trading strategy (technically): CADCHF is approaching its support at 0.7394 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 0.7484 (38.2% Fibonacci retracement, horizontal pullback...

theforexarmy

Sell below 129.67. Stop loss 129.95. Take profit at 129.04. Reason for the trading strategy (technically): EURJPY is approaching its resistance at 129.67 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 129.04 (50% Fibonacci retracement). Stochastic (55, 5, 3) is...

theforexarmy

Sell below 1.5311. Stop loss 1.5426. Take profit at 1.5088. Reason for the trading strategy (technically): EURCAD is approaching its resistance at 1.5311 (61.8% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.5088 (50% Fibonacci retracement). Stochastic (55, 5, 3)...

theforexarmy

Sell below 1.3115. Stop loss at 1.3143. Take profit at 1.3064. Reason for the trading strategy (technically): USDCAD is testing its resistance at 1.3115 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.3064 (23.6% Fibonacci retracement, horizontal overlap support) is expected. Stochastic...

theforexarmy

Buy above 0.6590. Stop loss at 0.6570. Take profit at 0.6637. Reason for the trading strategy (technically): NZDUSD is approaching its support at 0.6590 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 0.6637 (38.2% Fibonacci retracement, horizontal pullback...