CHF/JPY has reacted off a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 166.467 which is a pullback resistance. Stop loss is at 167.602 which is an overlap resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 164.979 which is a pullback support level. High Risk Investment...
USD/CHF has broken below a pullback support and the bearish momentum could potentially drive it lower. Sell entry is at 0.89866 which is a pullback support. Wait for the current 1-hr candle (14:00 UTC +8) to close prior to initiating a trade. Should the 1-hr candle at 15:00 (UTC+8) open underneath the Sell entry, open the short trade at market. Stop loss is at...
USD/CHF could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 0.90910 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.91330 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is between...
CHFJPY is falling towards a multi-swing-low pullback support and could potentially bounce off this level to climb higher. Buy entry is at 164.096 which is a pullback support. Stop loss is at 163.400 which is a level that aligns under the 78.6% Fibonacci projection level. Take profit is at 165.457 which is a recent swing-high resistance. High Risk Investment...
EURCHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.95537 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.95788 which is an overlap resistance level that sits above the 61.8% Fibonacci retracement level. Take profit is at...
CHFJPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 164.259 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 163.800 which is a support level that aligns under a confluence of Fibonacci levels i.e. the -27.2% expansion and the 100.0% projection...
AUDCHF is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.57939 which is a swing-high resistance. Stop loss is at 0.58200 which is a level that sits above a confluence of Fibonacci levels i.e. the 78.6% retracement and the 100.0% projection levels. Take profit is at 0.57412 which is a...
USDCHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.88087 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.87440 which is a pullback support that aligns under the 78.6% Fibonacci projection level. Take profit is between 0.88657 and...
USDCHF is rising towards the sell entry at 0.88285 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level and could potentially reverse from this level to drop lower. Stop loss is at 0.88648 which is an overlap resistance level. Take profit is at 0.87589 which is a pullback support level. High Risk Investment Warning Trading...
CHFJPY is falling towards the buy entry at 165.402 which is an overlap support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here to bounce higher. Stop loss is at 163.980 which is an overlap support that sits under the 50.0% Fibonacci retracement level. Take profit is between 166.30 and 166.70 which is an over...
In today’s #marketinsights video recording, I talk about #fxminors #EURJPY and #GBPCHF as they both seem to be moving within an identical pattern. Despite the added uncertainty amid the latest delay drama of phase-1 of a potential trade deal between US and China, safe-havens #yen and #franc seemed unaffected by at least this type of flows. That suggests that...
In today’s #marketinsights video recording, I talk about trade war uncertainty and Trump's impeachment and how has safe-haven Franc reacted to the latest headlines! I also talk about Canada's poor GDP figures, a bit more certain given the numerical value, and analyse USDCAD's rise. With Fed flows still weighing on markets, #NFP hours ahead and #ISM closing the...