CAD/CHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 61.8% Fibonacci extension , 50% Fibonacci retracement) where a strong drop might occur to our major support at 0.7502 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension).Stochastic (89,5,3) is also nearing resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment, so please ensure you fully understand the risks.

EUR/AUD is approaching our first resistance at 1.5949 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major support at 1.5876 (horizontal swing low support, 78.6% Fibonacci retracement ). Stochastic (89,5,3) is also nearing resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment, so please ensure you fully understand the risks.

The EUR/CHF pair is approaching our first resistance at 1.1369 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing the price down to our major support at 1.1332 (61.8% Fibonacci retracement).Stochastic (21,5,3) is also nearing resistance where we might see a drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment, so please ensure you fully understand the risks.

The CAD/CHF pair is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing the price down to our major support at 0.7502 (50% Fibonacci retracement).Stochastic (89,5,3) is also nearing resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment, so please ensure you fully understand the risks.

NZD/JPY is approaching its resistance at 76.31 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 75.14 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is nearing its resistance at 95% where a corresponding reversal is anticipated. NZD/JPY is approaching its resistance where we expect to see a reversal. Sell below 7...Read More...