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Technical Analysis

GBPJPY testing resistance, potential drop!
GBPJPY testing resistance, potential drop!

GBPJPY is testing our first resistance at 145.51 (horizontal swing high resistance, 78.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at...

GBPCAD approaching resistance, potential drop!
GBPCAD approaching resistance, potential drop!

GBPCAD is approaching our first resistance at 1.7526 (horizontal swing high resistance, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur...

EURCAD approaching support, potential bounce!
EURCAD approaching support, potential bounce!

EURCAD is approaching our first support at 1.4971 (ascending channel's support, 76.4% Fibonacci, retracement, 100% Fibonacci extension) where a strong bounce might occur above...

Summary
Summary

We are seeing a nice setup on GBPCAD and GBPJPY where we are seeing a potential drop below this level. Here are some of our nice calls previously: CHFJPY reversed nicely below our first resistance and...

NZDUSD testing resistance, potential drop!
NZDUSD testing resistance, potential drop!

NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at...

CHFJPY testing resistance, potential drop!
CHFJPY testing resistance, potential drop!

CHFJPY is testing our first resistance at 110.02 (Horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing...

EURJPY approaching resistance, potential drop!
EURJPY approaching resistance, potential drop!

EURJPY is approaching our first resistance at 125.84 (horizontal pullback resistance, 50%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop...

US30USD approaching resistance, potential drop!
US30USD approaching resistance, potential drop!

US30USD is approaching our first resistance at 24911.2 (horizontal swing high resistance, 76.4%, 618% Fibonacci retracement, 100% Fibonacci extension) where a strong...

Summary
Summary

We are seeing a nice setup on EURJPY and CHFJPY as it is approaching resistance where we are seeing a drop below this level. Here are some of our nice calls previously: EURAUD bounced nicely above our...