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Technical Analysis

CADJPY testing support, potential bounce!
CADJPY testing support, potential bounce!

CADJPY testing its support at 84.94 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance t 85.83...

AUDCAD approaching its resistance, potential reversal!
AUDCAD approaching its resistance, potential reversal!

AUDCAD is approaching resistance at 0.9961 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse from,...

Summary
Summary

We see a nice set up today for GBPJPY as it reversed nicely off its channel resistance where it could potentially drop to its support. Stochastic has also reversed nicely off its resistance. Another...

USDCHF held down by descending channel!
USDCHF held down by descending channel!

USDCHF is being held in a descending channel where if it breaks its 1st support at 0.9831 (horizontal swing low, it could potentially fall to its next support at 0.9724 (38.2% Fibonacci...

BCOUSD made a bullish exit from its descending line!
BCOUSD made a bullish exit from its descending line!

BCOUSD has made a bullish exit from its descending resistance turned support line where it could potentially rise to its major resistance at 76.44 (50% Fibonacci retracement, horizontal...

CADCHF reversed nicely from resistance, potential drop!
CADCHF reversed nicely from resistance, potential drop!

CADCHF reversed off its resistance at 0.7613(61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support...

GBPJPY testing its resistance, potential reversal!
GBPJPY testing its resistance, potential reversal!

GBPJPY is testing its resistance at 147.32 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a potential reversal might occur, causing price to fall...

Summary
Summary

We see a nice set up today for AUDUSD as it reversed nicely off its channel resistance where it could potentially drop to its support. Stochastic has also reversed nicely off its resistance. Another...

NZDUSD approaching resistance, potential reversal!
NZDUSD approaching resistance, potential reversal!

NZDUSD is approaching its resistance at 0.7053 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) a potential reaction may occur, causing...