GBPUSD approaching support, potential bounce!GBPUSD is approaching our first support at 1.3040 (horizontal pullback support, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3218 (horizontal swing high resistance).
Stochastic (21,5,3) is also approaching support where we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Forextraidng
USDJPY approaching resistance, potential drop! USDJPY is approaching our first resistance at 109.75 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a drop in price to our first support at 108.72 (horizontal overlap support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Breakout Identified in AUDUSDThe Breakout Opportunities system has just sold AUDUSD at 0.72341. The system recommends entering this trade at any price between 0.72212 and 0.72405. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 2.04124, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour high of 0.72597 and a profit target has been set at the 1 Day ATR level at 0.71825. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 60163
Time Issued: Friday, 23 November 2018 09:00:16 GMT
Status: open
Entry: 0.72212 - 0.72405
Limit: 0.71825
Stop Loss: 0.72597
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.
NZDUSD approaching support, potential bounce!NZDUSD is approaching our first support at 0.6537 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6634 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce 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.
Breakout Identified in AUDUSD The Breakout Opportunities system has just sold AUDUSD at 0.71158. The system recommends entering this trade at any price between 0.71028 and 0.71236. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 3.67463, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour high of 0.71469 and a profit target has been set at the 1 Day ATR level at 0.70639. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 59401
Time Issued: Tuesday, 16 October 2018 07:04:16 GMT
Status: open
Entry: 0.71028 - 0.71236
Limit: 0.70639
Stop Loss: 0.71469
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% 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.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.8510 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.8374 (horizontal swing low support, 76.4% Fibonacci retracement).
Stochastic (55,5,3) 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.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.6153 (horizontal swing high resistance, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4592 (horizontal swing low support, 61.8% Fibonacci retracement).
RSI (34) is also approaching resistance and ichmoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURJPY approaching resistance, potential drop! EURJPY is approaching our first resistance at 132.08 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement, descending channel resistance) and a strong drop might occur pushing price down to our major support at 131.03 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
XAUUSD approaching resistance, potential drop! XAUUSD is approaching our first resistance at 1214.20 (horizontal swing high resistance, 61.8% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 1203.35 (horizontal overlap pullback support, 38.2% Fibonacci retracement).
Stochastic
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCHF approaching resistance, potential drop!EURCHF is approaching our first resistance at 1.1460 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1369 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD approaching resistance, potential drop! EURUSD is approaching our first resistance at 1.1623 (horizontal overlap resistance, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.1427 (horizontal pullback support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our resistance and a reaction below this level 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.
USDCAD approaching resistance, potential drop! Price is approaching our first resistance at 1.3383 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.2721 (horizontal swing low support, 100% Fibonacci extension, 50%, 76.4% Fibonacci retracement). A breakout below our intermediate support at 1.3063 (horizontal pullback support, 38.2% Fibonacci retracement) might provide the bearish acceleration to our major support target.
Stochastic (89,5,3) is also approaching its resistance and a reaction off this level 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.