USDCHF is approaching our first resistance at 1.0027 (horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at...
SPX approaching resistance, potential drop!
SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing...
EURCAD approaching support, potential bounce!
EURCAD is approaching our first support at 1.4852 (horizontal swing low support, 100% fibonacci extension, Descending channel's support) and a strong bounce might occur pushing price up to...
Summary
Today we are seeing a nice setup on USDCHF and SPX as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: EURNZD dropped from our first...
EURAUD approaching support, potential bounce!
EURAUD is approaching our first support level at 1.5914 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur...
EURNZD approaching resistance, potential drop!
EURNZD is approaching our first resistance at 1.6744 (horizontal pullback resistance, 76.4% Fibonacci retracement, 61.8%, 161.8%, 100% fibonacci extension)...
NZDJPY approaching support, potential bounce!
NZDJPY is approaching our first support at 75.114 (horizontal swing low support, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur above...
EURJPY approaching resistance, potential drop!
EURJPY is approaching our first resistance at 125.946 (horizontal swing high resistance, 50%, 61.8% Fibonacci retracement) where a strong drop might occur below this level...
Summary
We are seeing a nice setup on NZDJPY and EURAUD as it is approaching support where we are expecting a bounce above this level. CHFJPY is bouncing nicely up from our first support and is approaching...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.