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Technical Analysis

USDCHF approaching support, potential bounce!
USDCHF approaching support, potential bounce!

USDCHF is approaching our first support at 1.001 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this...

NZDJPY approaching resistance, potential drop!
NZDJPY approaching resistance, potential drop!

NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop...

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Summary

We are seeing a nice setup on USDCHF as it is approaching support where we are expecting a bounce above this level. We are also seeing a nice setup on NZDJPY as it is approaching resistance where we...

USDCAD approaching support, potential bounce!
USDCAD approaching support, potential bounce!

USDCAD is approaching our first support at 1.3331 (horizontal pullback support, 38.2% Fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above...

AUDCAD approaching support, potential bounce!
AUDCAD approaching support, potential bounce!

AUDCAD is approaching our first support at 0.9392 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above...

NZDCAD approaching support, potential bounce!
NZDCAD approaching support, potential bounce!

NZDCAD is approaching our first support at 0.9086 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above...

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

NZDUSD is approaching our first resistance at 0.6890 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur...

Summary
Summary

We are seeing a nice setup on AUDCAD and NZDCAD as it is approaching support where we are expecting a bounce above this level. CADCHF reverse nicely below our first resistance:...

EURCHF approaching support, potential bounce!
EURCHF approaching support, potential bounce!

EURCHF is approaching our first support at 1.1369 (horizontal pullback support, 23.6% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at...