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Technical Analysis

CADJPY approaching resistance, potential drop!
CADJPY approaching resistance, potential drop!

CADJPY is approaching our first resistance at 84.90 (horizontal pullback resistance, 23.6%, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop...

Summary
Summary

Today we are seeing a nice setup on CADJPY and EURNZD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: EURJPY bounced...

EURJPY approaching support, potential bounce!
EURJPY approaching support, potential bounce!

EURJPY is approaching our first support at 127.5 (61.8% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support) and a strong bounce might occur above this...

NZDUSD approaching support, potential bounce!
NZDUSD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6840 (23.6%, 61.8% fibonacci retracement, 100% fibonacci extension, horizontal overlap support) and a strong bounce might...

US30 approaching support, potential bounce!
US30 approaching support, potential bounce!

US30 is approaching our first support at 24150 (100% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this...

NZDJPY approaching support, potential bounce!
NZDJPY approaching support, potential bounce!

NZDJPY is approaching our first support at 76.82 (100% Fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our...

Summary
Summary

Today we are seeing a nice setup on NZDJPY and US30 as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: AUDCAD dropped below our first...

AUDCAD approaching resistance, potential drop!
AUDCAD approaching resistance, potential drop!

AUDCAD is approaching our first resistance at 0.9770 (horizontal swing high resistance, 100% fiboancci extension, 78.6% Fibonacci retracement) and a strong drop might occur below...

NZDUSD approaching support, potential bounce!
NZDUSD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6886 (Horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this...