ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this...
GBPUSD approaching support, potential bounce!
GBPUSD is approaching our first support at 1.3000 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below...
USDCAD approaching resistance, potential drop!
USDCAD is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...
NIKKEI approaching resistance, potential drop!
NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price...
XAGUSD approaching support, potential bounce!
XAGUSD is approaching our first support at 14.86 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major...
USDCAD approaching support, potential bounce!
USDCAD is approaching our first support at 1.3294 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above...
USDJPY approaching resistance, potential drop!
USDJPY is approaching our first resistance at 112.12 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...
Summary
We are seeing a nice setup on USDJPY and Nikkei as it is approaching resistance where we are expecting a drop below this level. USDJPY reversed perfectly from our first resistance:...
NIKKEI approaching resistance, potential drop!
NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price...
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