XAGUSD is approaching our first resistance at 15.53 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below...
XAUUSD approaching resistance, potential drop!
XAUUSD is approaching our first resistance at 1295.80 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to...
USDCAD approaching resistance, potential drop!
USDCAD is approaching our first resistance at 1.3521 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below...
NZDUSD approaching resistance, potential drop!
NZDUSD is approaching our first resistance at 0.6702 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...
Summary
We are seeing a nice setup on NZDUSD and USDCAD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: HSI bounced nicely:...
NIKKEI approaching resistance, potential drop!
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal...
BCOUSD approaching support, potential bounce!
BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to...
GBPUSD approaching resistance, potential drop!
GBPUSD is approaching our first resistance at 1.2986 (horizontal overlap resistance, 23.6% Fibonacci retracement, short term descending line) where a strong drop might occur below this...
AUDUSD approaching support, potential bounce!
AUDUSD is approaching our first support at 0.7008 (100% Fibonacci extension, horizontal swing low support) where we might be seeing a bounce to our first resistance at 0.7093...
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