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Trading Strategies

XAUUSD testing support, potential bounce!

Price is testing our first support at 1328.73 (horizontal overlap support, 76.4% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might...

EURJPY testing resistance, watch for potential drop!

EURJPY is testing our first resistance at 131.35 (horizontal swing high resistance, short term descending resistance line, 78.6% Fibonacci retracement). A strong reaction might occur at...

USDJPY testing resistance, watch for potential drop!

Price is approaching our first resistance at 107.12 (61.8%, 100% Fibonacci extension, horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction...

AUDJPY approaching resistance, watch for breakout!

AUDJPY is approaching our first resistance at 82.50 (horizontal overlap resistance, 50% Fibonacci retracement). A breakout above this level might cause a strong rally up to our second...

EURUSD reacting off resistance, further potential drop!

EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal...

CHFAUD approaching support, potential bounce!

CHFAUD is approaching our first support at 1.3510 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong bounce might...

GBPUSD reacted off resistance, further potential drop!

GBPUSD reacted off our resistance at 1.4096 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance). A strong reaction might occur at this level,...

DXY testing support, potential rise!

DXY broke out of our descending resistance. A strong rally might occur above 90.08, pushing price up to our major resistance at 90.46 (horizontal swing high resistance, 76.4% Fibonacci...

USDJPY approaching support, potential rise!

USDJPY is approaching our first support at 105.55 (61.8% Fibonacci retracement, 100% Fibonacci extension). A strong bounce might occur at this level, pushing price up to our...