Technical Analysis - Tickmill Expert Blog - Forex Traders Blog

GBPJPY facing bearish pressure, potential drop!

GBPJPY is facing bearish pressure from our first resistance at 144.95 where we might see a drop in price to our first support level at 143.81.Stochastic is also approaching resistance where we might...

EURGBP approaching support, bullish above first support level

EURGBP is approaching first support at 0.8617 where we are expecting a bounce above this level to our major resistance level at 0.8671. Stochastic is approaching support as well. Trading CFDs on...

Summary

We are seeing a nice setup on GBPJPY and EURUSD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: USDCAD reversed nicely:...

XAGUSD approaching resistance, potential drop!

XAGUSD is approaching our first resistance at 15.53 (50&percnt; Fibonacci retracement, 100&percnt; Fibonacci extension, horizontal overlap resistance) where a strong drop might occur below...

XAUUSD approaching resistance, potential drop!

XAUUSD is approaching our first resistance at 1295.80 (50&percnt; Fibonacci retracement, 100&percnt; Fibonacci extension) where a strong drop might occur below this level pushing price down to...

USDCAD approaching resistance, potential drop!

USDCAD is approaching our first resistance at 1.3521 (horizontal overlap resistance, 76.4&percnt; Fibonacci retracement, 61.8&percnt; Fibonacci extension) where a strong drop might occur below...

NZDUSD approaching resistance, potential drop!

NZDUSD is approaching our first resistance at 0.6702 (horizontal pullback resistance, 38.2&percnt; Fibonacci retracement, 61.8&percnt; Fibonacci extension) where a strong drop might occur...

Summary

We are seeing a nice setup on NZDUSD and USDCAD as it is approaching resistance where we are expecting a drop below this level. Here are some of our nice calls previously: HSI bounced nicely:...

NIKKEI approaching resistance, potential drop!

NIKKEI is approaching our first resistance at 22346.7 (100&percnt; Fibonacci extension, 61.8&percnt; Fibonacci retracement) where a strong drop to our major support at 21472.4 (horizontal...