EUR/CAD is testing its resistance at 1.5245(61.8% Fibonacci extension, 50% & 76.4% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.5153 (61.8% Fibonacci retracement, horizontal swing low support) is expected. Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop is expected. EUR/CAD is testing its resistance where we expect to see a reversal. Sell below 1.... Read More

GBP/USD reversed off its resistance at 1.3164 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.3065 (horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected. GBP/USD reversed off its resistance where we expect to see a further drop. Sell below 1.... Read More

NZD/USD bounced nicely off its support at 0.6540 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6572 (61.8% Fibonacci retracement). Stochastic (89, 5, 3) is bounced off its support at 3.6% where a corresponding rise could occur. NZD/USD bounced nicely off its support where we expect to see a further rise. Buy above 0.... Read More

XAU/USD bounced nicely off its support at 1,193(100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1,204 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is bounced off its support at 5.6% where a corresponding rise could occur. XAU/USD bounced nicely off its support where we expect to see a further rise. Buy above 1,... Read More

GBPAUD is approaching its resistance at 1.8256 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.8172 (61.8% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. GBPAUD is approaching its resistance where we expect to see a reversal. Sell below 1.8... Read More...