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AUD/USD Approaching Resistance, Prepare For Reversal

AUD/USD is approaching its resistance at 0.7021 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.7152 (horizontal swing low support). Stochastic (55, 5, 3) is nearing its resistance at 95% where a corresponding reversal is anticipated. AUD/USD is approaching its resistance where we expect to see a reversal. Sell below 0.7... Read More...
by Jeff Wecker
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USD/CAD Approaching Support, Prepare For Bounce

USD/CAD is approaching its support at 1.3170 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.3223 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is nearing its support at 0.38% where a corresponding bounce could occur. USD/CAD is approaching its support where we expect to see a bounce. Buy above 1.3... Read More...
by Jeff Wecker
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EUR/NZD Approaching Resistance, Prepare For Reversal

EUR/NZD is approaching its resistance at 1.6571 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.6474 (horizontal swing low support). Stochastic (21, 5, 3) is nearing its resistance at 93% where a corresponding reversal is anticipated. EUR/NZD is approaching its resistance where we expect to see a reversal. Sell below 1.6... Read More...
by Jeff Wecker
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AUD/CHF Approaching Support, Prepare For A Bounce

AUD/CHF is approaching its support at 0.7146 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7179 (horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 1.8% where a corresponding bounce could occur. AUD/CHF is approaching its support where we expect to see a bounce. Buy above 0.7... Read More...
by Jeff Wecker
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EUR/AUD Approaching Resistance, Prepare For A Reversal

EUR/AUD is approaching its resistance at 1.5925 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.5856 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected. EUR/AUD is approaching its resistance where we expect to see a reversal. Sell below 1.5... Read More...
by Jeff Wecker