SPX is approaching our first resistance at 2814 (Horizontal swing high resistance,78.6% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 2690 (horizontal pullback support, 23.6% & 78.6% Fibonacci retracement ). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding...
GBPUSD approached its support at 1.3103(61.8% Fibonacci retracement , horizontal overlap support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.3196 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is bounced off its support where a corresponding rise could occur. Trading CFDs on margin...
GBPAUD is testing its resistance at 1.8 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price is expected to drop to its support at 1.8529 (23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support). Stochastic (89, 5, 3) is testing its support where a corresponding bounce is...
The Breakout Opportunities system has just bought USDCHF at 1.00008. The system recommends entering this trade at any price between 0.9982 and 1.00129. The signal was issued because the USDCHF has broken its 24-hour high while our Speculative Sentiment Index was at -1.28201, suggesting that the USDCHF may have further to rise. A stop loss has been set at the...
The Breakout Opportunities system has just sold AUDJPY at 79.163. The system recommends entering this trade at any price between 78.978 and 79.313. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.564, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high...
The Breakout Opportunities system has just sold AUDJPY at 79.163. The system recommends entering this trade at any price between 78.978 and 79.313. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.564, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high...