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Trading Strategies

XAGUSD reversing nicely, watch for a further drop!
XAGUSD reversing nicely, watch for a further drop!

XAGUSD is reversing nicely below major resistance at 16.80 (Fibonacci retracement, horizontal resistance area, Fibonacci extension) and a strong drop could occur from here pushing price down to 16.58...

NZDUSD rising nicely, potential for further rise
NZDUSD rising nicely, potential for further rise

NZDUSD has broken major resistance and has the potential to rise much further above major support at 0.7273 (Fibonacci retracement, horizontal overlap support, double bottom reversal) towards 0.7341...

AUDUSD bouncing up nicely, watch for a further rise!
AUDUSD bouncing up nicely, watch for a further rise!

AUDUSD has started to bounce above strong support at 0.7784 (Fibonacci retracement, horizontal overlap support) and a further rise could occur at this level to push price up to 0.7827 resistance...

GBPUSD back to strong resistance, potential for a drop
GBPUSD back to strong resistance, potential for a drop

GBPUSD is back to test our strong resistance at 1.3873 (Fibonacci retracement, horizontal pullback resistance) and a strong reaction could occur at this level to push prices down to 1.3632 support...

EURUSD back to major resistance, remain bearish
EURUSD back to major resistance, remain bearish

EURUSD is back to test our major resistance at 1.2363 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this level...

Bund back on support, potential for a bounce!
Bund back on support, potential for a bounce!

Bund is back on major support at 159.26 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price up to at least 160.65 resistance (Fibonacci...

AUDUSD testing strong resistance, potential drop!
AUDUSD testing strong resistance, potential drop!

AUDUSD is testing strong resistance at 0.7784 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong reaction could occur at this level to push price down to 0.7713...

EURUSD testing major resistance, potential for a nice reversal!
EURUSD testing major resistance, potential for a nice reversal!

EURUSD is testing major resistance at 1.2363 (Fibonacci retracement, horizontal swing high resistance, bearish divergence, Fibonacci extension) and a strong reaction could occur at this level to push...

USDCAD is testing major resistance, potential for a big drop!
USDCAD is testing major resistance, potential for a big drop!

USDCAD is now testing major resistance at 1.2910 (Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to push price all the way down to 1.2628...