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Trading Strategies

Summary
Summary

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

EURUSD approaching resistance, potential drop!
EURUSD approaching resistance, potential drop!

EURUSD is approaching our first resistance at 1.1654 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below...

NZDUSD approaching resistance, potential drop!
NZDUSD approaching resistance, potential drop!

NZDUSD is approaching our first resistance at 0.6631 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below...

USDCAD approaching resistance, potential drop!
USDCAD approaching resistance, potential drop!

USDCAD is approaching our first resistance at 1.3195 (horizontal swing high resistance, 61.8%, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing...

AUDUSD approaching resistance, potential drop!
AUDUSD approaching resistance, potential drop!

AUDUSD is approaching our first resistance at 0.72192 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop...

Summary
Summary

Today we are seeing a nice setup on AUDUSD and NZDUSD as it is approaching resistance where we are expecting a drop below that level. Here are some of our nice calls previously: AUDNZD dropped...

USDCHF approaching resistance, potential drop!
USDCHF approaching resistance, potential drop!

USDCHF is approaching our first resistance at 0.9811 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2%, 50% Fibonacci retracement) where a strong drop...

AUDNZD testing resistance, potential drop!
AUDNZD testing resistance, potential drop!

AUDNZD is testing our first resistance at 1.0993 (horizontal overlap resistance, 50%, 76.4% Fibonacci retracement) and a strong might occur below this level pushing price down to...

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

EURAUD is approaching our first resistance at 1.6194 (horizontal swing high resistance, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our...