USDCHF is approaching its resistance at 0.9958 (78.6% Fibonacci retracement, Horizontal swing high resistance) where it could potentially reverse down to its support at 0.9898 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reversal may occur.
The Tidal Shift Strategy has just bought USDCHF at 0.99394. The system recommends entering this trade at any price between 0.99185 and 0.99603. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.06586, which suggests that the USDCHF could be trending upwards.The 14-period...
The Breakout Opportunities system has just sold USDCHF at 0.99004. The system recommends entering this trade at any price between 0.98878 and 0.99142. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 1.6165, suggesting that the USDCHF may have further to fall. A stop loss has been set at the 24-hour...
USDCHF is approaching its support at 0.9841 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.9898 (50% Fibonacci retracement ). Stochastic (55, 5, 3) is approaching its support at 6.19% where a corresponding bounce could occur.
USDCHF is approaching its support at 0.9845 (100% Fibonacci extension x2 , 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.9902 (50% Fibonacci retracement, horizontal swing high resistance ). Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.
GBPJPY is approaching its support at 139.88 (100% Fibonacci extension , horizontal swing low support) where it could potentially bounce to its resistance at 142.15 (100% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.993. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.986. TP4: S2=0.984. Set the stoploss of these orders at breakout of R2=0.995. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
USDCHF is testing its resistance at 0.9957 (100% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where a reversal to its support at 0.9885 (61.8% Fibonacci retracement, 61.8% fibonacci extension) may occur. Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop may occur.
Currently in a good sellers zone, as long as it didnt break the higher low, we are still bias on another bearish leg.
USDCHF is testing its support at 0.9864 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where price could potentially bounce up to its resistance at 0.9924 (76.4% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is testing its support at 6.1% where a corresponding bounce could occur.
USDCHF is approaching its support at 0.9845 (100% Fibonacci extension, 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.9904 (61.8% Fibonacci extension, 23.6% & 38.2% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.
USDCHF is approaching our first resistance at 0.9979 (61.8% fibonacci extension , 78.6% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur above this level pushing price down to our major support at 0.9924 (61.8% fibonacci extension, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might...
USDCHF is approaching our first resistance at 0.9976 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.9911 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we...
USDCHF is approaching its support at 0.9900 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9972 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding...
USDCHF is approaching our first support at 0.9899 (61.8% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9946 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance). Stochastic (89,5,3) is also...
The Tidal Shift Strategy has just sold USDCHF at 0.99222. The system recommends entering this trade at any price between 0.9912 and 0.99324. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.12349, which suggests that the USDCHF could be trending downwards.The 14-period Average...
USDCHF is approaching its support at 0.9909 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9946 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.