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Trading Strategies

NZDCHF approaching resistance, potential drop!
NZDCHF approaching resistance, potential drop!

NZDCHF is approaching our first resistance at 0.6742 (Horizontal pullback resistance, 50% Fibonacci retracement, 100% Fiboancci extension) and a strong drop might occur pushing...

SPX approaching resistance, potential drop!
SPX approaching resistance, potential drop!

SPX is approaching our first resistance at 2703 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing...

AUDJPY approaching resistance, potential drop!
AUDJPY approaching resistance, potential drop!

AUDJPY is approaching our first resistance at 78.84 (horizontal pullback resistance, 161.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur...

Summary
Summary

Today we are seeing a nice setup on SPX and NZDCHF as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: NZDUSD drop nicely below our...

EURUSD approaching support, potential bounce!
EURUSD approaching support, potential bounce!

EURUSD is approaching our first support at 1.1363 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement, ascending channel’s support) where a...

GBPUSD approaching resistance, potential drop!
GBPUSD approaching resistance, potential drop!

GBPUSD is approaching our first resistance at 1.3065 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension, descending...

NZDUSD approaching resistance, potential drop!
NZDUSD approaching resistance, potential drop!

NZDUSD is approaching our first resistance at 0.6801 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at...

AUDUSD approaching resistance, potential drop!
AUDUSD approaching resistance, potential drop!

AUDUSD is approaching our first resistance at 0.7241 (horizontal swing high resistance, 76.4% Fibonacci retracement) where a strong drop might occur pushing price down to our major support...

Summary
Summary

We are seeing a nice setup on NZDUSD as it is approaching resistance where we are expecting a drop below this level. We are also expecting a bounce on EURUSD as it is approaching support. Here are...