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Technical Analysis

USDCHF approaching resistance, potential drop!

USDCHF is approaching our first resistance at 1.0096 (horizontal swing high resistance, 61.8% fiboancci extension, 78.6% fibonacci retracment) and a strong drop might occur...

CADCHF approaching support, potential bounce!

CADCHF is approaching our first support at 0.75901 (Horizontal swing low support, 61.8%, 100% fibonacci extension, 76.4% fibonacci retracement) and a strong bounce...

Summary

Today we are seeing a nice setup on CADCHF and EURUSD as it is approaching support where we expect a bounce above this level. Here are some of our nice calls previously: USDCHF dropped perfectly from...

USDCHF approaching resistance, potential drop!

USDCHF is approaching our first resistance at 1.0096 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur...

AUDCHF approaching resistance, potential drop!

AUDCHF is approaching our first resistance at 0.7315 (horizontal pullback resistance, 61.8%, 76.4% Fibonacci retracement) where a strong drop might occur pushing price down to...

NZDUSD approaching support, potential bounce!

NZDUSD is approaching our first support at 0.6724 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing...

USDJPY approaching support, potential bounce!

USDJPY is approaching our first support at 113.85 (horizontal overlap support, 23.6%, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price...

Summary

Today we are seeing a nice setup on USDCHF and AUDCHF where they are approaching resistance where we are expecting a bounce above this level. Here are some of our nice calls previously: CHFJPY...

EURUSD approaching resistance, potential drop!

EURUSD is approaching our first resistance at 1.1453 (horizontal overlap resistance, 100% fibonacci extension, 50% fiboancci retracement) and a strong drop might occur below this...