USDJPY is approaching our first resistance at 110.89 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below...
BCOUSD approaching resistance, potential drop!
BCOUSD is approaching our first resistance at 68.73 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below...
Nikkei approaching resistance, potential drop!
Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...
AUDUSD approaching support, potential bounce!
AUDUSD is approaching our first support at 0.70442 (horizontal swing low support, 76.4% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce...
Summary
We are seeing a nice setup on USDJPY and BCOUSD as it is approaching resistance where we are expecting a drop below this level. ASX bounced nicely above our first support :...
NZDUSD approaching support, potential bounce!
NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our...
USDCAD approaching resistance, potential drop!
USDCAD is approaching our first resistance at 1.3471 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our...
HSI approaching resistance, potential drop!
HSI is approaching our first resistance at 29180.1 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our...
ASX approaching support, potential bounce!
EURCAD is approaching our first support at 6102.4 (horizontal overlap support, 23.6% fibonacci retracement) where a strong bounce to our major resistance at 6226.6 (horizontal swing high...
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