CADJPY pulling back to resistance and may start the drop from there.
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EURGBP trades well below the bearish trendline and could continue the drop.
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USDJPY is near the ascending trend line and could see a bounce!
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Price is testing our first support in line with our horizontal overlap support, 78.6% fibonacci retracement and ascending trend line where we could see a bounce to our take profit target. Stochastic is seeing a bullish divergence as well.
USDCAD broke out of the trend line and is likely to see further upside.
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EURJPY is pulling back to the trendline and could drop from there!
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USDCHF is trendline well below the trendline and could continue the drop!
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Price is approaching our resistance in line with our 78.6% fibonacci retracement and 100% fibonacci extension where we could see a reversal to our support level. Stochastic is approaching our resistance as well.
Price is facing bearish pressure from our resistance and we could be seeing a further drop should prices break our intermediate support level. RSI is showing signs of bearish pressure as well.
Price is facing bullish pressure from our support, in line with our 78.6% extension and 23.6% retracement where we could see a bounce to our first resistance level. RSI is showing signs of bullish pressure as well.
EURUSD is respecing the ascending trendline well and could go higher moving forward !
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AUDNZD is touching the lower band of the channel and we might see a bounce from here !
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Price is approaching our resistance in line with our 50% retracement and 78.6% extension where we could see a reversal below this level. Do check out our written version as well and let us know what you would like to see next!
XAUUSD is seeing a further drop as both trend lines are indicating further drop .
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Price is facing bullish pressure from our ascending support line, 78.6% fibonacci extension and 50% fibonacci retracement where we could see a bounce to our resistance target. Stochastic is approaching support as well.
Today we will take a good look at EURUSD and what possible key levels to look out for. Right from the long term, down to the short term!
I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the EURUSD!
Let me know your thoughts and what other pairs you'd like me to...
Price is approaching support in line with 127.2% fiboancci extension and 61.8% retracement where we could see a bounce to our resistance level. Ichimoku cloud is showing signs of bullish pressure as well.
GBPUSD is approaching the trendline and could see a further drop from here !
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