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USD/JPY Approaching Resistance, Prepare For A Reversal

USD/JPY is approaching its resistance at 113.08 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 112.62(61.8% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected. USD/JPY is approaching its resistance where we expect to see a reversal. Sell below ... Read More
by Jeff Wecker
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EUR/GBP Approaching Support, Prepare For A Bounce

EUR/GBP is approaching its support at 0.8905 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8945 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is bounced off its support at 1.7% where a corresponding bounce could occur. EUR/GBP is approaching its support where we expect to see a bounce. Buy above 0.8... Read More
by Jeff Wecker
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USD/CAD Approaching Resistance, Prepare For A Reversal

USD/CAD is approaching its resistance at 1.2977(61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.2977 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 99% 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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GBP/USD Approaching Resistance, Prepare For A Reversal

GBP/USD is approaching its resistance at 1.3202 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.3149 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected. 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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EUR/GBP Approaching Support, Prepare For A Bounce

EUR/GBP is approaching its support at 0.8922 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8964 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support at 3.3% where a corresponding bounce could occur. EUR/GBP is approaching its support where we expect to see a bounce. Buy above 0.8... Read More
by Jeff Wecker