MEX_Exchange

Sell below 109.74. Stop Loss at 110.32. Take Profit at 107.83. Reason for the trading strategy: Price is approaching our first resistance at 109.74 (horizontal swing high resistance, 50% Fibonacci retracement). We expect a strong reaction to occur below this level, pushing price down to our major support at 107.83 (horizontal pullback support, 38.2%, 50% ...

Sell below 1.3616. Stop loss at 1.3743. Take profit at 1.3314. Reason for the trading strategy: Price is approaching our first resistance at 1.3616 (horizontal swing high resistance). We expect a strong reaction to occur below this level, pushing price down to our major support at 1.3314 (horizontal overlap support, 38.2% Fibonacci retracement). A breakout below ...

Buy above 0.7510. Stop loss at 0.7461. Take Profit at 0.7643. Reason for the trading strategy: Price is bouncing off our major support at 0.7510 (horizontal overlap support, 100% Fibonacci extension). We expect a strong bounce to occur at this level, pushing price up to our major resistance at 0.7643 (horizontal overlap resistance, 50% Fibonacci retracement, ...

Buy above 1.1932. Stop loss 1.1821. Take profit 1.2172. Reason for trading strategy: EURUSD bounced nicely off its support at 1.1932 (76.4% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 1.2172 (100% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, ...

Sell below 1.2927. Stop loss at 1.3000. Take profit at 1.2759. Reason for trading strategy: USDCAD is testing its resistance at 1.2927 (61.8% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal, causing price to fall to its support at 1.2759 (38.2% Fibonacci retracement, horizontal overlap support). We do have to be cautious ...

Sell below 1.3914. Stop Loss at 1.3998. Take Profit at 1.3742. Reason for the trading strategy: Price broke out of our support-turned-resistance at 1.3914 (horizontal overlap resistance, breakout level). We expect a strong reaction to occur below this level, pushing price down to our major support at 1.3742 (horizontal swing low support, 23.6% Fibonacci ...

Buy above 0.7510. Stop loss at 0.7461. Take Profit at 0.7646. Reason for the trading strategy: Price is approaching our major support at 0.7510 (horizontal overlap support, 78.6% Fibonacci retracement, 100% Fibonacci extension). We expect a strong bounce to occur at this level, pushing price up to our major resistance at 0.7646 (horizontal overlap resistance, ...

Buy above 1.2199. Stop loss 1.1999. Take profit 1.2293. Reason for trading strategy: EURUSD is approaching its support at 1.2070 (100% Fibonacci extension x2, 50% Fibonacci retracement, horizontal pullback support, descending channel support) where we expect price to bounce and rise to its resistance at 1.2293 (61.8% Fibonacci retracement, horizontal overlap ...

Sell below 1.2927. Stop loss at 1.3000. Take profit at 1.2754. Reason for trading strategy: USDCAD is testing its resistance at 1.2927 (61.8% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal, causing price to fall to its support at 1.2754 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (34, 5, 3) is ...

Sell below 109.46. Stop Loss at 110.32. Take Profit at 107.83. Reason for the trading strategy: Price is testing its resistance at 109.46 (78.6% Fibonacci retracement, 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance), where we expect to see a reversal, causing price to fall to its support at 107.83 (61.8% Fibonacci ...

Sell below 109.19. Stop loss at 109.81. Take profit at 107.94. Reason for the trading strategy (technically): USDJPY is approaching its resistance at 109.19 (76.4% Fibonacci retracement, 50% Fibonacci retracement, long term 61.8% Fibonacci extension) where we expect to see a reversal, pushing price down to its support at 107.94 (100% Fibonacci extension, 38.2% ...

Buy above 150.58. Stop loss 149.69. Take profit at 153.85. Reason for the trading strategy (technically): GBPJPY tested its support at 150.58 (61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support, ascending support line) where we expect it to rise further to its resistance at 153.85 (100% Fibonacci extension, 61.8% Fibonacci ...

Sell below 9175. Stop loss at 9464. Take profit at 7821. Reason for the trading strategy (technically): We see price testing its major resistance at 9175 (, 76.4% Fibonacci retracement, 50% Fibonacci retracement, horizontal swing high resistance) where we expect price to react off it, pushing it to its support at 7821 (50% Fibonacci retracement, horizontal ...

Sell below 1.2854. Stop loss at 1.2953. Take profit at 1.2651. Reason for the trading strategy (technically): USDCAD is testing its resistance at 1.2854 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal, causing price to push down to its support at 1.2651 (61.8% Fibonacci retracement, ...

Sell below 9060. Stop loss at 9464. Take profit at 7821. Reason for the trading strategy (technically): We see price testing its major resistance at 9080 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, 50% Fibonacci retracement, horizontal swing high resistance) where we expect price to react off it, pushing it to its support at 7821 (50% Fibonacci ...

Sell below 1.0663. Stop loss at 1.0701. Take profit at 1.0551. Reason for the trading strategy (technically): Price is testing its resistance at 1.0663 (100% Fibonacci extension, 50% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where we expect prices to react off its, pushing its all the way down to its support at 1.0551 ...

Buy above 1.3991. Stop loss at 1.3925. Take profit at 1.4182. Reason for the trading strategy (technically): GBPUSD is approaching testing its support area at 1.3991 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect to see a bounce, pushing price up all the way to its resistance at 1.4182 (50% Fibonacci ...

Sell below 1.6032. Stop loss 1.6068. Take profit at 1.5960. Reason for the trading strategy (technically): EURAUD reversed nicely off its resistance at 1.6032 (61.8% Fibonacci retracement, 100% Fibonacci extension) where we expect to see a further drop to its support at 1.5960 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). ...