GBPUSD is facing bullish pressure and is likely to hold above horizontal swing low support, in line with -61.8% Fibonacci retracement and 127.2% Fibonacci extension. We expect prices to increase to horizontal swing high resistance, in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. Alternatively, if prices break below horizontal swing low...
NZDJPY facing bearish pressure and is likely to hold below sell entry which coincides with the descending trendline, 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Price is likely to take support at horizontal swing low support which coincides with 61.8% Fibonacci extension . Stochastic is likely to hold below the resistance level of 88.73.
Any...
Price broke down from ascending trendline where we could potentially see the price drop to first support, in-line with 78.6% Fibonacci retracement and 100% Fibonacci extension . If the price bounce from this level, price will swing towards 1st resistance, in-line with 61.8% and 100% Fibonacci extension .
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Prices are approaching 1st resistance, in line with horizontal overlap resistance, 61.8% Fibonacci extension level. Prices might reverse off to 1st support, in line with the horizonal swing low support, 161.8% Fibonacci retracement and 161.8% Fibonacci extension levels. If prices surpass the descending trendline resistance, it may face resistance from horizontal...
USDCHF Broke out of descending trendline resistance (now support) to the upside. This shows that there is now fresh bullish pressure that is pushing price higher. With technical indicators showing room for further bullish momentum as well, we see a further push up above our entry at 0.91651 towards Fibonacci confluence zone and take profit at 0.92412.
Any...
CADJPY facing bearish pressure below graphical overlap resistance and 38.20% Fibonacci retracement at 87.543. With technical indicators showing room for further bearish momentum, a drop towards our take profit and Fibonacci confluence zone at 86.669 could be possible.
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The Tidal Shift Strategy has just bought USDCAD at 1.25862. The system recommends entering this trade at any price between 1.25671 and 1.26053. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.48095, which suggests that the USDCAD could be trending upwards.The 14-period...
The Trend Follower Strategy has just sold GBPJPY at 151.873. The system recommends entering this trade at any price between 151.628 and 152.118. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.552. This suggests that the GBPJPY could be trending downwards.The 14-period Average True Range on a daily chart is...
EURCAD is facing bullish pressure as Stochastics is bouncing from support where price has reacted off of before in the past. We could see a bounce at Buy Entry, in line with 50% Fibonacci retracement , 161.8% Fibonacci extension and horizontal pullback support, and further upside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing high...
NZDCAD is approaching support at Buy Entry, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension , where we could see a bounce and further upside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Stochastics is also approaching support where price has bounced before in the past, showing signs of...
The Tidal Shift Strategy has just bought CHFJPY at 120.451. The system recommends entering this trade at any price between 120.291 and 120.611. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -5.968, which suggests that the CHFJPY could be trending upwards.The 14-period Average...
The Tidal Shift Strategy has just bought NZDUSD at 0.70012. The system recommends entering this trade at any price between 0.69882 and 0.70142. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.41414, which suggests that the NZDUSD could be trending upwards.The 14-period...
GBPUSD is facing bullish pressure as it broke out of the descending trendline resistance. Prices are might pullback and take support on horizontal pullback support in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 50% Fibonacci extension and 127.2% Fibonacci...
USDJPY is appraoching horizontal pullback resistance in line with 38.2% Fibonacci retracement , 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci extension . If prices push up, prices might face resistance from horizontal swing high resistance in line with 100%...
EURUSD holding above ascending trendline support. A further push up above graphical overlap support, ascending trendline support and 38.2% Fibonacci retracement level at 1.18600 towards graphical swing high resistance and -27.20% Fibonacci retracement at 1.18951 could be possible. Technical indicators are showing that price is within a bullish environment as well....
AUDUSD is reacting below key 61.8% Fibonacci retracement at 0.74855 where we can expect to see price face further bearish pressure and push lower towards our take profit and graphical swing low support level at 0.74099 where we also have 61.8% Fibonacci extension level. Stochastic indicator is also reacting below resistance where price pulled lower in the...
Prices are facing bearish pressure and is facing resistance from horizontal pullback resistance in line with 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push down towards 161.8% Fibonacci extension Fibonacci confluence . If prices continue to push up, prices might face resistance from horizontal pullback resistance in line with 38.2%...
GBPAUD is facing bullish pressure as it continues to hold above the moving average and ascending trendline supports. We could see a bounce at Buy Entry, in line with 61.8% Fibonacci retracement , 100% Fibonacci extension , moving average support and horizontal pullback support, and further upside towards Take Profit, in line with -27.2% Fibonacci retracement and...
