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Tech Analysis

January 16, 2018

Bitcoin on major support, potential bounce!

Added 3 years ago By Desmond Leong
Bitcoin is seeing major support at 12953 (ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push...
January 15, 2018

USDJPY major support broken!

Added 3 years ago By Desmond Leong
USDJPY has finally broken major support at 110.96 (major 50% Fibonacci retracement, horizontal overlap support stretching back to mid August 20...
January 15, 2018

NZDJPY remains in a strong ascending channel

Added 3 years ago By Desmond Leong
NZDJPY remains in a strong ascending support channel stretching back to the beginning of December 2017. Our first major support is at 80.26 (Fibonacci...
January 15, 2018

EURAUD forming a double top reversal!

Added 3 years ago By Desmond Leong
EURAUD has started to form a really strong reversal signal with a double top being confirmed at 1.5378 (23.6% Fibonacci confirmation level, hor...
January 15, 2018

CADJPY bouncing nicely, more bullish momentum expected!

Added 3 years ago By Desmond Leong
CADJPY has started to bounce off perfectly above our major support at 88.50 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, hor...
January 12, 2018

Ripple facing tremendous bearish pressure!

Added 3 years ago By Desmond Leong
Ripple continues its drop and is seeing tremendous bearish pressure as it maintains its bearish channel formation. With continued bearish pressure, we...
January 12, 2018

EURUSD forming a bearish bat formation, look for the reversal!

Added 3 years ago By Desmond Leong
EURUSD has started to form a really strong reversal signal at 1.2058 (Fibonacci retracement, bearish bat harmonic formation, swing high resistance, be...
January 12, 2018

Ethereum forming a major head and shoulders reversal!

Added 3 years ago By Desmond Leong
Ethereum is forming a really strong major reversal signal with a head and shoulders formation. A break of major neckline support at 1096 (38.2%...
January 12, 2018

CADJPY on major support, prepare for a bounce!

Added 3 years ago By Desmond Leong
CADJPY is now testing major support at 88.50 (61.8% Fibonacci retracement, 61.8% Fiboancci extension, horizontal overlap support) and a ...