Buy above 1.1635. Stop loss 1.1567. Take profit at 1.1745. Reason for the trading strategy (technically): EURUSD is approaching its support at 1.1635 (61.8% Fibonacci extension, 61.8% Fibonacci retracement x2, horizontal swing low support) where it could rise to its resistance at 1.1745 (76.4% Fibonacci retracement, horizontal swing high resistance). Stochastic...
Sell below 131.74. Stop loss at 132.72. Take profit at 130.00. Reason for the trading strategy (technically): EURJPY is testing its resistance at 131.74 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing price to fall to its support at 130.00 (23.6% Fibonacci retracement, horizontal swing low...
Sell below 1.3293. Stop loss 1.3357. Take profit at 1.3120. Reason for the trading strategy (technically): GBPUSD reversed off its resistance at 1.3293 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where price could drop to its support at 1.3120 (100% Fibonacci extension, horizontal swing low support). We do have to...
Sell below 83.58. Stop loss at 84.15. Take profit at 82.70. Reason for the trading strategy (technically): AUDJPY is testing its resistance at 83.58 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where it could reverse down to its support at 82.70 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap...
Sell below 1.1710. Stop loss 1.1775. Take profit at 1.1601. Reason for the trading strategy (technically): EURCHF is testing its resistance at 1.1710 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could react off, causing it to fall to its support at 1.1601 (61.8% Fibonacci extension, 38.2% Fibonacci retracement,...
Sell below 148.78. Stop loss at 150.09. Take profit at 146.72. Reason for the trading strategy (technically): GBPJPY reversed nicely off its resistance at 148.78 (100% & 61.8% Fibonacci extension, 76.4%, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a further drop to its support at 146.72 (38.2% Fibonacci retracement, horizontal...
Sell below 131.45. Stop loss 132.73. Take profit at 129.35. Reason for the trading strategy (technically): EURJPY is approaching its resistance at 131.45 (100% Fibonacci extension, 76.4% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance) where a reversal is expected, causing price to fall to its support at 129.35 (61.8% Fibonacci...
Sell below 112.14. Stop loss 113.03. Take profit at 110.43. Reason for the trading strategy (technically): USDJPY is testing its resistance at 112.14 (100% Fibonacci extension x3, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where we expect price to reverse back down to its support at 110.43 (100% Fibonacci extension,...
Buy above 1.3191. Stop loss at 1.3149. Take profit at 1.3301. Reason for the trading strategy (technically): GBPUSD is testing its support at 1.3191 (61.8% Fibonacci extension x2, 61.8% & 50% Fibonacci retracement, horizontal overlap support) where price is expected to bounce to its resistance at 1.3301 (61.8% Fibonacci retracement, horizontal swing high...
Sell below 84.88. Stop loss at 85.56. Take profit at 83.20. Reason for the trading strategy (technically): CADJPY reversed nicely off its resistance at 84.88 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where could either move back up to its resistance before moving back down to its support or continue its move down...
Buy above 1.3061. Stop loss 1.3224. Take profit at 1.3224. Reason for the trading strategy (technically): USDCAD bounced nicely off its support at 1.3061 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could rise further to its resistance at 1.3224 (50% Fibonacci retracement, horizontal swing high resistance)....
Sell below 1.1658. Stop loss at 1.1714. Take profit at 1.1590. Reason for the trading strategy (technically): EURCHF is approaching its resistance at 1.1658 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.1590 (23.6% & 38.2% Fibonacci retracement, horizontal...
Sell below 1265. Stop loss 1275. Take profit at 1247. Reason for the trading strategy (technically): XAUUSD is approaching its resistance at 1265 (100%, 61.8% Fibonacci extension, 76.4%, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could reverse back down to its support at 1247 (100% Fibonacci extension, 61.8% Fibonacci retracement,...
Buy above 1.0850. Stop loss at 1.0776. Take profit at 1.0994. Reason for the trading strategy (technically): AUDNZD bounced nicely off its support at 1.0850 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 1.09944 (horizontal swing high resistance). Stochastic (89, 5, 3)...
Sell below 0.7479. Stop loss 0.7543. Take profit at 0.7374. Reason for the trading strategy (technically): AUDUSD is approaching resistance at 0.7479 (100% & 61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal pullback resistance, where it could react off, causing price to fall to its support at 0.7374 (61.8% Fibonacci extension, horizontal...
Sell below 6760. Stop loss at 7038. Take profit at 6294. Reason for the trading strategy (technically): BTCUSD is testing its intermediate support at 6463 (61.8% Fibonacci retracement, horizontal overlap support) where it could either rise back up to its resistance at 6760 before dropping or it could break past its intermediate support and drop down to its...
Sell below 84.21. Stop loss at 84.97. Take profit at 83.08. Reason for the trading strategy (technically): CADJPY is testing its resistance at 84.21 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal, causing price to fall to its support at 83.08 (61.8% Fibonacci retracement, horizontal overlap...
Sell below 1.3266. Stop loss 1.3324. Take profit at 1.3149. Reason for the trading strategy (technically): GBPUSD has reversed nicely off its resistance at 1.3266 (100% Fibonacci extension x2, 50% & 78.6% Fibonacci retracement, horizontal swing high resistance) where we expect to see a further drop to its support at 1.3149 (100% Fibonacci extension, horizontal...