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Trading Strategies

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

EURJPY is approaching our first support at 127.942(horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this...

GBPCAD approaching resistance, potential drop!
GBPCAD approaching resistance, potential drop!

GBPCAD is approaching our first resistance at 1.7059 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) and a strong drop...

EURGBP approaching resistance, potential drop!
EURGBP approaching resistance, potential drop!

EURGBP is approaching our first resistance at 0.8951 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our...

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

USDJPY is approaching our first resistance at 111.20 (horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our...

Summary
Summary

Today we are seeing a nice setup on USDJPY and EURGBP as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: NZDJPY dropped...

CADJPY approaching support, potential bounce!
CADJPY approaching support, potential bounce!

CADJPY is approaching our first resistance at 83.21 (horizontal overlap support, long term ascending support line, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci...

EURAUD approaching resistance, potential drop!
EURAUD approaching resistance, potential drop!

EURAUD is approaching our first resistance at 1.6265 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below...

NZDJPY approaching resistance, potential drop!
NZDJPY approaching resistance, potential drop!

NZDJPY is approaching our first resistance at 72.86 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8%, 78.6% Fibonacci retracement) and a strong drop...

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

USDJPY is approaching our first resistance at 110.69 (horizontal pullback resistance, 23.6% fiobnacci retracement, 100% Fibonacci extension) and a strong drop might occur below...