0Comments

CAD/CHF Reversed Off Resistance, Prepare For Further Drop

The CAD/CHF pair reversed off its resistance at 0.7589 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7516 (50% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop is anticipated. CAD/CHF reversed off its resistance where we expect to see a further drop. Sell below 0.7... Read More...
by Jeff Wecker
0Comments

EUR/GBP Approaching Resistance, Prepare For Reversal

The EUR/GBP pair is approaching its resistance at 0.8765 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.8724 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is nearing its resistance at 95% where a corresponding reversal is anticipated. EUR/GBP is approaching its resistance where we expect to see a reversal. Sell below 0.8... Read More...
by Jeff Wecker
0Comments

AUD/NZD Approaching Resistance, Prepare For Reversal

The AUD/NZD pair is approaching its resistance at 1.0533 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.0505 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (21, 5, 3) is nearing its resistance at 93% where a corresponding reversal is anticipated. AUD/NZD is approaching its resistance where we expect to see a reversal. Sell below 1.0... Read More...
by Jeff Wecker
0Comments

CAD/JPY Approaching Support, Prepare For Bounce

The CAD/JPY pair is approaching its support at 82.20 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 82.55 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is nearing its ascending support line. CAD/JPY is approaching its support where we expect to see a bounce. Buy above 82... Read More...
by Jeff Wecker
0Comments

CAD/CHF Approaching Support, Prepare For Bounce

The CAD/CHF pair is approaching its support at 0.7441 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7515 (horizontal swing high resistance). Stochastic (55, 5, 3) is nearing its support at 5.2% where a corresponding bounce could occur. CAD/CHF is approaching its support where we expect to see a bounce. Buy above 0.7... Read More...
by Jeff Wecker