EURCHF approaching support, potential bounce! EURCHF is approaching our first support at 1.1237 (horizontal swing low support, 61.8%, 100% fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur below this level pushing price down to our major resistance at 1.1287 (Horizontal swing low support, 38.2% fiboancci retracement).
Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Eur-chf
CADJPY Testing Resistance, Potential ReversalCADJPY is testing its resistance at 82.26 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 79.36 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support).
Stochastic (55, 5, 3) is testing its resistance at 99% where a potential reversal could occur.
AUDJPY Approaching Resistance, Potential ReversalAUDJPY is approaching its resistance at 78.59 (38.2% & 61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 75.60 (38.2% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a potential reversal could occur.
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.13215. The system recommends entering this trade at any price between 1.13085 and 1.13345. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.50955. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00519, so the stop loss has been set at 1.13734. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 61122
Time Issued: Thursday, 10 January 2019 21:00:17 GMT
Status: open
Entry: 1.13085 - 1.13345
Limit: N/A
Stop Loss: 1.13734
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EUR/CHF breaks major trendline resistance at 1.13, stay long EUR/CHF has broken above strong trendline resistance at 1.13 mark, bias bullish.
Technical indicators support upside in the pair. Stochs and RSI are biased higher.
We evidence a bullish divergence on Stochs on the daily charts which supports upside.
Upside has edged lower from cloud base resistance at 1.1337, break above to see upside.
55-EMA is immediate support at 1.1313. Retrace below 21-EMA to see resumption of weakness.
Stay long on break above cloud base, SL: 1.13, TP: 1.1370/ 1.14/ 1.1430
UK100 Bounced Off Support, Potential For A Further Rise!UK100 is bounced off its support at 6613 (50% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 7118 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) is bounced off its support at 3.6% where a further rise could occur.
Nikkei Testing Resistance, Potential Reversal!Nikkei is testing its resistance at 20315 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse down to its support at 19079 (100% Fibonacci extension , horizontal swing low support).
RSI (55) is approaching its resistance at where a reversal could occur.
CADJPY Reversed Off Resistance, Potential For Further DropCADJPY reversed off its resistance at 80.67 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 78.30 (horizontal swing low support).
Stochastic (21, 5, 3) reversed off near its resistance at 94% where a corresponding drop could occur.
CADJPY Approaching Resistance, Potential ReversalCADJPY is approaching its resistance at 80.62 (23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse to its support at 78.75 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
EURCHF approaching resistance, potential drop!EURCHF is approaching our first resistance at 1.1286 (horizontal swing high resistance, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.1183 (horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.12192. The system recommends entering this trade at any price between 1.1207 and 1.12314. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.789. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00487, so the stop loss has been set at 1.12679. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60999
Time Issued: Thursday, 03 January 2019 09:00:15 GMT
Status: open
Entry: 1.1207 - 1.12314
Limit: N/A
Stop Loss: 1.12679
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EURCHF approaching resistance, potential drop! EURCHF is approaching our first resistance at 1.1219 (horizontal pullback resistance, 61.8% fibonacci extension, 23.6% fbonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1152 (100% fibonacci extension).
RSI (55) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.1263. The system recommends entering this trade at any price between 1.1251 and 1.1275. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.78596. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00481, so the stop loss has been set at 1.13111. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60894
Time Issued: Sunday, 30 December 2018 22:01:16 GMT
Status: open
Entry: 1.1251 - 1.1275
Limit: N/A
Stop Loss: 1.13111
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
AUDJPY Approaching Resistance, Potential ReversalAUDJPY is approaching its resistance at 78.69 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 77.62 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal could occur.
Possible trend shift in EURCHF – going shortThe Tidal Shift Strategy has just sold EURCHF at 1.12898. The system recommends entering this trade at any price between 1.12742 and 1.13054. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.85813, which suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00125, so the stop loss has been set at 1.13523. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 60829
Time Issued: Thursday, 27 December 2018 01:00:15 GMT
Status: open
Entry: 1.12742 - 1.13054
Limit: N/A
Stop Loss: 1.13523
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GBPJPY Bounced Off Support, Potential For A Further RiseGBPJPY bounced off its support at 139.88 (100% Fibonacci extension , horizontal swing low support) where it could potentially rise further to its resistance at 142.15 (100% Fibonacci extension , 23.6% Fibonacci retracement).
Stochastic (89, 5, 3) is bounced off its support at 1.7% where a further rise could occur.
EUR/CHF Selling opportunity!Trading mindset:
1. Use 1% risk
2. 1:2 risk/reward
3. Wait for update to close manual!
In longer term it pays off very well and keeps your capital safe!
Breakeven: If you are correct 33% of the time, your capital is safe.
Adopt this mindset in order to be successful trader.
Extreme trader sentiment points to possible EURCHF downtrendThe Trend Follower Strategy has just sold EURCHF at 1.12966. The system recommends entering this trade at any price between 1.12867 and 1.13065. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.5276. This suggests that the EURCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00395, so the stop loss has been set at 1.13361. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5.
Signal ID: 60765
Time Issued: Friday, 21 December 2018 03:00:15 GMT
Status: open
Entry: 1.12867 - 1.13065
Limit: N/A
Stop Loss: 1.13361
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
78.58% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Nikkei Approaching Support, Potential Bounce!Nikkei is approaching our first support level at 19699 (50% Fibonacci retracement, Horizontal overlap support) where a strong bounce might occur above this level pushing price up to our major resistance at 20884 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal pullback resistance).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.