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Technical Analysis

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

AUDUSD is approaching our first resistance at 0.7145 (horizontal swing high resistance, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to...

Nikkei approaching resistance, potential drop!
Nikkei approaching resistance, potential drop!

Nikkei is approaching our first resistance at 22690 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...

USDJPY approaching resistance, potential drop!
USDJPY approaching resistance, potential drop!

USDJPY is approaching our first resistance at 111.63 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100%, 161.8% Fibonacci extension) where a strong...

Summary
Summary

We are seeing a nice setup on Nikkei and USDJPY as it is approaching resistance where we are expecting a drop below this level. USDCHF dropped perfectly to hit our first support target:...

BCOUSD approaching resistance, potential drop!
BCOUSD approaching resistance, potential drop!

BCOUSD is approaching our first resistance at 70.94 (horizontal pullback resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our...

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

AUDUSD is approaching our first resistance at 0.7145 (horizontal swing high resistance, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to...

Nikkei approaching resistance, potential drop!
Nikkei approaching resistance, potential drop!

Nikkei is approaching our first resistance at 22690 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur...

USDJPY approaching resistance, potential drop!
USDJPY approaching resistance, potential drop!

USDJPY is approaching our first resistance at 111.63 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100%, 161.8% Fibonacci extension) where a strong...

Summary
Summary

We are seeing a nice setup on Nikkei and USDJPY as it is approaching resistance where we are expecting a drop below this level. USDCHF dropped perfectly to hit our first support target:...