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Trading Strategies

GBPCHF approaching resistance, potential drop!
GBPCHF approaching resistance, potential drop!

GBPCHF is approaching our first resistance at 1.2853 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6%, Fibonacci retracement) and a strong drop might occur below...

EURGBP approaching support, potential bounce!
EURGBP approaching support, potential bounce!

EURGBP is approaching our first support at 0.8886 (horizontal overlap support, long term ascending support line, 100%, 61.8% Fibonacci extension) and a strong bounce might occur...

USDJPY approaching resistance, potential drop!
USDJPY approaching resistance, potential drop!

USDJPY is approaching our first resistance at 111.64 (horizontal swing high resistance, descending resistance line, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a...

Summary
Summary

Today we are seeing a nice setup on USDJPY as it is approaching resistance where we expect a drop below this level. We are also seeing a nice setup on EURGBP as it is approaching support where we are...

AUDUSD approaching support, potential bounce!
AUDUSD approaching support, potential bounce!

AUDUSD is approaching our first support at 0.7106 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce...

AUDNZD approaching resistance, potential bounce!
AUDNZD approaching resistance, potential bounce!

AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this...

XAGUSD approaching resistance, potential drop!
XAGUSD approaching resistance, potential drop!

XAGUSD is approaching our first resistance at 14.39 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong drop...

EURUSD approaching support, potential bounce!
EURUSD approaching support, potential bounce!

EURUSD is approaching our first support at 1.1528 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce m might occur above...

Summary
Summary

Today we are seeing a nice setup on AUDUSD and AUDNZD as it is approaching support where we are expecting a bounce above that level. Here are some of our nice calls previously: EURJPY bounced...