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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
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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