USDJPY is approaching 1st resistance at 106.78, potential drop could occur.
Entry :106.78
Why it’s good : horizontal swing high resistance
100% &61.8% Fibonacci extension
Take Profit : 105.70
Why it’s good :horizontal swing low support
100% Fibonacci extension
38.2% Fibonacci retracement
GBPUSD is approaching our first resistance where we might be seeing a drop below this level.
Entry: 1.2152
Why it's good : Horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.2358
Why it's good : Horizontal pullback resistance, 38.2% Fibonacci retracement
Take Profit : 1.1904
Why it's good: Horizontal swing low support
USDJPY is approaching 1st resistance at 0.9805, potential drop could occur!
Entry :0.9805
Why it's good : horizontal pullback resistance
100% Fibonacci extension
50% Fibonacci retracement
Take Profit : 0.9692
Why it's good : 78.6% Fibonacci retracement
100% Fibonacci extension
Horizontal swing low support
Price is approaching our first resistance level.
Entry : 1.1227
Why it's good : 76.4% Fibonacci retracement, descending resistance line, 61.8% Fibonacci extension
Stop Loss : 1.1266
Why it's good : horizontal swing high resistance
Take Profit : 1.1180
Why it's good : 38.2% Fibonacci retracement, horizontal overlap support
USDCAD is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 1.3274 (100% Fibonacci extension , horizontal swing low support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD is approaching our first resistance at 0.6725 (horizontal pullback resistance, 23.6% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 0.6554 (100% Fibonacci extension , 76.4% Fibonacci retracement ).
Ichimoku cloud is also showing signs of bearish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY is approaching our first resistance at 112.12 (horizontal swing high resistance, 76.4% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 111.35 (61.8% Fibonacci retracement ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 1.3339 (50% Fibonacci retracement ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY is approaching our first resistance at 112.12 (horizontal swing high resistance, 76.4% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 111.35 (61.8% Fibonacci retracement ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD is approaching our first resistance at 1.1351 (horizontal pullback resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level to our first support level at 1.1284 (horizontal swing low support, 38.2% Fibonacci extension ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD is approaching our first resistance at 0.6742 (horizontal overlap resistance, 61.8% Fibonacci retracement ) where a strong drop might occur below this level to our first support level at 0.6678 (horizontal swing low support, 61.8% Fibonacci extension ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD is approaching our first resistance at 1.3404 (horizontal overlap resistance, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 1.3342 (horizontal pullback support, potential 61.8% Fibonacci retracement ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY is approaching our first resistance at 112.16 (78.6% Fibonacci retracement , 61.8% Fibonacci extension , horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 111.38 (61.8% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XAUUSD is approaching our first resistance at 1307.84 (61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 1297.82 (38.2% Fibonacci retracement , 100% Fibonacci extension ). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Nikkei is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement , 61.8% Fibonacci extension , horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement , Horizontal swing low support)
AUDUSD is approaching our resistance at 0.7166 (horizontal swing high resistance, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 0.7047 (61.8% Fibonacci retracement , horizontal swing low support, 76.4% Fibonacci retracement ). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD is approaching our resistance at 0.6754 (horizontal swing high resistance, 23.6% Fibonacci retracement , short term descending line) where a strong drop might occur below this level pushing price down to our major support at 0.6723 (61horizontal swing low support). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPUSD is approaching our resistance at 1.3118 (horizontal overlap resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 1.3039 (61.8% Fibonacci retracement , horizontal swing low support). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD is approaching our resistance at 0.7166 (horizontal swing high resistance, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 0.7047 (61.8% Fibonacci retracement , horizontal swing low support, 76.4% Fibonacci retracement ). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD is approaching our resistance at 0.7166 (horizontal swing high resistance, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 0.7047 (61.8% Fibonacci retracement , horizontal swing low support, 76.4% Fibonacci retracement ). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.