EURAUD Bounced Off Support, Potential For A Further RiseEURAUD bounced off its support at 1.5789 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise further to its resistance at 1.5967 (23.6% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 1.1% where a further rise could occur.
Gbp-cad
AUDCHF Approaching Resistance, Potential ReversalAUDCHF is approaching its resistance at 0.7124 (61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.7038 (23.6% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
AUDJPY Approaching Resistance, Potential ReversalAUDJPY is approaching its resistance at 78.79 (61.8% & 23.6% Fibonacci retracement , horizontal overlap resistance) where it is could potentially reverse down to its support at 75.75 (38.2% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
NZDUSD Approaching Resistance, Potential ReversalNZDUSD is approaching its resistance at 0.6879 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.6801 (horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
EURAUD Approaching Support, Potential BounceEURAUD is approaching its support at 1.5873 (61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.6133 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
AEX bounced off support, potential for further rise!AEX bounced off our first support at 474 (horizontal overlap resistance, 100% fibonacci extension , 50% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 61.8%, 38.2% fibonacci retracement , horiozntal overlap resistance).
Stochastic (55,5,3) bounced off support where we might see a corresponding rise in price.
XAUUSD Approaching Resistance, Potential ReversalXAUUSD is approaching its resistance at 1312.17 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1282.40 (23.6% Fibonacci retracement , horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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.
EURAUD Bounced Off Support, Potential For A Further RiseEURAUD bounced off its support at 1.5886 (61.8% Fibonacci extension, horizontal overlap support) where it could potentially rise further to its resistance at 1.6037 (23.6% Fibonacci retracement).
Stochastic (55, 5, 3) is testing its support at 1.1% where a further rise could occur.
AUDCHF Approaching Resistance, Potential ReversalAUDCHF is approaching its resistance at 0.7110 (61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.7007 (23.6% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
NZDCHF Approaching Resistance, Potential ReversalNZDCHF is approaching its resistance at 0.6728 (100% Fibonacci extension, 50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.6592 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is testing its resistance at 99% where a corresponding reversal could occur.
XAUUSD Approaching Resistance, Potential ReversalXAUUSD is approaching its resistance at 1298.25 (100% Fibonacci extension, horizontal swing high resistance) where it could potentially reverse down to its support at 1282.40 (Horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
SPX500 breaking channel - Possible Big ShortSPX500 have been trading in a narrow range channel - so far it broke the base of the channel, expecting this market to break down which is more probable scenario to me at the moment, but if it doesn't then i am looking the top of the channel for a short trade.
As this market is bearish trending and momentum on all across higher time frames supporting the view, so keep watching this market for a big trade opportunity.
Trade Safe!
DAX Approaching Resistance, Potential ReversalDAX approaching resistance at 10999 (100% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal overlap resistance) where it could potentially reverse to its support at 10278 (100% Fibonacci extension, swing low support). Stochastic (34,5 ,3) is approaching its resistance at 95% where a reversal could occur.
XAUUSD Approaching Resistance, Potential ReversalXAUUSD is approaching its resistance at 1312.17 (61.8% Fibonacci extension, 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1282.40 (23.6% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
EURGBP Approaching Resistance, Potential ReversalEURGBP is approaching its resistance at 0.9060 (61.8% Fibonacci extension, 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 0.8951 (100% Fibonacci extension , 38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
XRPUSD bounced off support, potential for further rise!XRPUSD bounced off its support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 0.4044 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in price.
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 ReversalEURUSD is approaching its resistance at 1.1514 (100% Fibonacci extension x2, 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1.1397 (61.8% Fibonacci extension , 50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
NZDUSD Approaching Resistance, Potential ReversalNZDUSD is approaching its resistance at 0.6776 (50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.6715 (38.2% Fibonacci retracement, horizontal overlap support ).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
SPXUSD Approaching Resistance, Potential Reversal!SPXUSD is approaching our first resistance at 2571.4 (horizontal pullback resistance, 61.8% fibonacci extension , 38.2% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 2474.2 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
EURGBP Approaching Support, Potential BounceEURGBP is approaching its support at 0.8934 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9057 (76.4% Fibonacci retracement, Horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching support at 2.5% where a corresponding rise could occur.
GBPCAD potential Homerun tradeThe Daily is bullish and a nice support level has formed. price is currently being supported by 60 Kejun Sen (blue Line) and that would be our entry
Entry = 1.7020 (+ 2 pips to account for the spread on buy limit orders so 1.7022)
Stop = 1.6990
Risk = 30 pips
PT = 1.7236 (+216)
RRR = 7.2 -1
AEX Bounced Off Support, Potential For A Further Rise!AEX bounced off our first support at 473.11 (horizontal overlap resistance, 100% Fibonacci extension , 50% Fibonacci retracement ) where a further rise might occur above this level pushing price up to our major resistance at 509.41 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension ).
Stochastic (89,5,3) is bounced off our support and we might see a further rise in price.