OrtegaCapital

OrtegaCapital

Prices are facing bearish pressure from the resistance zone , in line with the 50% fibonacci retracement and 61.8% Fibonacci extension, where we could see a further downside below this level. Ichimoku cloud and MACD are showing signs of bearish pressure as well, in line with our bearish bias.

OrtegaCapital

Prices are facing bearish pressure from the resistance zone, in line with the 50% fibonacci retracement where we could see a further downside below this level. Ichimoku cloud and 34 EMA are showing signs of bearish pressure as well, in line with our bearish bias. A break below the 81.50 support area is needed to see further downside.

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Prices are holding below a key resistance area at 0.7050 in line with the 38.2% Fibonacci retracement where pullback to test this area presents an opportunity to play the drop. A break below the support area at 0.7020 could see price push lower, with the next support target at 0.6980.

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AUDJPY is facing bearish pressure from its resistance zone at 81.794 area, in line with the 78.6% retracement and descending resistance line. A pullback to test this area presents an opportunity to enter a short.

OrtegaCapital

hi everyone, EURNZD broke its ascending trend line and is facing bearish pressure from its resistance zone at the 1.6960 area. A pullback to test this area presents an opportunity to enter a short. What are your views on EURNZD?

OrtegaCapital

Hi everyone, EURNZD is sitting on a key support level on the H4 time frame in line with the 61.8% retracement and we could see further upside above this level, with our first resistance target at 1.7120.

OrtegaCapital

Hi everyone, EURUSD could see limited upside to test resistance at 1.18996 resistance zone before seeing a reversal here. We do caution the limited downside as prices are sitting on the ascending trend line on the weekly time frame where we could see a further upside once prices breaks above this key resistance area.

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Hey everyone, this is what we are seeing on NZDCAD , prices are under pressure from our resistance in line with the 78.6% fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 0.86920, in line with the low seen. What are your views on NZDCAD?

OrtegaCapital

Hey everyone, this is what we are seeing on EURAUD, prices are under pressure from our resistance in line with the 78.6% fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 1.57715, in line with the retracement levels. This area was also previously respected by prices as the support.

OrtegaCapital

Hey everyone, this is what we are seeing on AUDJPY. Prices are currently testing a key support level on the larger time frame. On the H1 time frame, we are seeing a pullback to test its support zone at 82.424 in line with the 78.6% retracement before a bounce from here. 83.580 will be our first resistance target in line with the 61.8% retracement. Are you bullish...

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Hey everyone, here's what we are seeing on AUDJPY, prices are facing bearish pressure from the descending trend line and resistance zone at 84.912, in line with the 78.6% retracement as well. We could be seeing a reversal here.

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Gold could see limited upside here before it reaches the resistance zone highlighted at 1898.23 - 1900.62. At this area, we could see a trend line breakout and retest and this level lines up with the fibonacci confluence area as well. What are your thoughts on gold?

OrtegaCapital

Gold could see limited upside here before it reaches the resistance zone highlighted at 1898.23 - 1900.62. At this area, we could see a trend line breakout and retest and this level lines up with the fibonacci confluence area as well. What are your thoughts on gold?

OrtegaCapital

USDSGD broke above its descending trend line and is sitting on a key support area at 1.32000 - 1.32100 where we could see a pullback to test this area and further upside after. Looking to play a bounce above this area to resistance targets at 1.32580 area and 1.32820 area. Follow us to find out more!

OrtegaCapital

Looking for an opportunity from the lower bound of the ascending channel. Monthly target @ 0.7924 seems attainable by the end of the month. Jan tends to see USD strength. Breaking down from 0.77109 may see a fall to the monthly pivot.

OrtegaCapital

Rejection from weekly and monthly pivot points will drive prices lower

OrtegaCapital

Bounce from the 61.8 retracement. From here, we might see a double top or a higher high to 161.8 levels

OrtegaCapital

Moving down towards the lower bound of the ascending channel before a higher high