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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
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AUD/JPY Approaching Resistance, Prepare For Reversal

AUD/JPY is approaching its resistance at 78.24 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 78.59 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is nearing its resistance at 98% where a corresponding reversal is anticipated. AUD/JPY is approaching its resistance where we expect to see a reversal. Sell below 79... Read More...
by Jeff Wecker
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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