0Comments

USD/CAD Approaching Resistance, Prepare For Reversal

USD/CAD is approaching its resistance at 1.3372 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.3262 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is nearing its resistance at 97% where a corresponding reversal is anticipated. USD/CAD is approaching its resistance where we expect to see a reversal. Sell below 1.3... Read More...
by Jeff Wecker
0Comments

EUR/GBP Approaching Resistance, Prepare For Reversal

EUR/GBP is approaching its resistance at 0.8854 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.8790 (50% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) is nearing its resistance at 96% 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/USD Approaching Resistance, Prepare For Reversal

AUD/USD is approaching its resistance at 0.7149 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.7085 (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
0Comments

NZD/USD Approaching Resistance, Prepare For Reversal

NZD/USD is approaching its resistance at 0.6870 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.6793 (horizontal swing low support). Stochastic (55, 5, 3) is nearing its resistance at 95% where a corresponding reversal is anticipated. NZD/USD is approaching its resistance where we expect to see a reversal. Sell below 0.6... Read More...
by Jeff Wecker
0Comments

EUR/AUD Approaching Support, Prepare For Bounce

EUR/AUD is approaching its support at 1.5888 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.5972 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is nearing its support at 2.4% where a corresponding bounce could occur. EUR/AUD is approaching its support where we expect to see a bounce. Buy above 1.5... Read More...
by Jeff Wecker