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GBP/USD Approaching Resistance, Prepare For Reversal

GBP/USD is approaching its resistance at 1.3004 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.2893 (50% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is nearing its resistance at 97% where a corresponding reversal is anticipated. GBP/USD is approaching its resistance where we expect to see a reversal. Sell below 1.3... Read More...
by Jeff Wecker
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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
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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
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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
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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