CADJPY is currently taking support from an ascending trendline. Price could pullback to 1st support which coincides with the 61.8% Fibonacci retracement before bouncing up to 1st resistance which coincides with the 100% Fibonacci extension. If prices fall further below our entry, then our stop loss can be placed just at the trend line where it coincides with the...
The Tidal Shift Strategy has just bought USDCHF at 0.91489. The system recommends entering this trade at any price between 0.91352 and 0.91626. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 5.03378, which suggests that the USDCHF could be trending upwards.The 14-period...
Price is facing bearish pressure from our sell entry, in line with our graphical area, 38.2% fibonacci retracement and 61.8% fibonacci extension, where we could see a further drop below this level .
Price is facing bearish pressure from our sell entry, in line with our graphical area, 38.2% fibonacci retracement and 61.8% fibonacci extension , where we could see a further drop below this level .
GBPJPY is facing upside pressure from ascending trendline support on the daily and weekly timeframe. It is also taking support from the horizontal swing low support which coincides with the 127.2% Fibonacci extension as well as the 161.8% Fibonacci extension. It will probably bounce to our 1st resistance which is our horizontal swing high resistance as well as the...
GBPJPY is facing upside pressure from ascending trendline support on the daily and weekly timeframe. It is also taking support from the horizontal swing low support which coincides with the 127.2% Fibonacci extension as well as the 161.8% Fibonacci extension. It will probably bounce to our 1st resistance which is our horizontal swing high resistance as well as the...
The Breakout Opportunities system has just bought GBPJPY at 149.054. The system recommends entering this trade at any price between 148.654 and 149.292. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.274, suggesting that the GBPJPY may have further to rise. A stop loss has been set at the...
AUDJPY is currently facing bullish pressure as it is reacting off the ascending support line very nicely. Currently, price is in a pullback to the horizontal pullback support which coincides with the 61.8% Fibonacci retracement and 78.6% Fibonacci retracement level. If prices were to bounce up from that level, it is likely to reach 1st resistance which is our...
AUDJPY is currently facing bullish pressure as it is reacting off the ascending support line very nicely. Currently, price is in a pullback to the horizontal pullback support which coincides with the 61.8% Fibonacci retracement and 78.6% Fibonacci retracement level. If prices were to bounce up from that level, it is likely to reach 1st resistance which is our...
The Tidal Shift Strategy has just sold AUDUSD at 0.78485. The system recommends entering this trade at any price between 0.78244 and 0.78726. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.04828, which suggests that the AUDUSD could be trending downwards.The 14-period...
USDCHF has broken through downtrend line on the daily timeframe . It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension . If prices were to break through our first support,...
USDCHF has broken through downtrend line on the daily timeframe. It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension. If prices were to break through our first support,...
