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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
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XAU/USD Approaching Resistance, Prepare For Reversal

XAU/USD is approaching its resistance at 1314.84 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1309.24 (50% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is nearing its resistance at 97% where a corresponding reversal is anticipated. XAU/USD is approaching its resistance where we expect to see a reversal. Sell below 1... Read More...
by Jeff Wecker
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XAU/USD Approaching Support, Prepare For A Bounce

XAU/USD is approaching its support at 1298.44 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1308.68 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. XAU/USD is approaching its support where we expect to see a bounce. Buy above 1... Read More...
by Jeff Wecker
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USD/CAD Approaching Resistance, Prepare For A Reversal

USD/CAD is approaching its resistance at 1.3366 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.3234 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected. 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/AUD Approaching Support, Prepare For Bounce

EUR/AUD is approaching its support at 1.5897 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.5977 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is nearing its support at 3.2% 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