GBPAUD broke below descending trendline support and is currently trading sideways. A retest of our triple bottom neckline and 23.6% Fibonacci retracement at 1.88449 towards ascending trendline resistance zone at 1.89148 could be possible. Stochastic is also testing support where price bounced in the past. Any opinions, news, research, analyses, prices, other...
Price is at our pivot level at 1.38187 which is in line with 38.2% Fibonacci retracement level, 127.2% Fibonacci extension level and 200MA. Price could potentially bounce towards resistance at 1.38862 which is in-line with 38.2% Fibonacci retracement level and 78.6% Fibonacci extension . Stochastic is also at support where previous bounces occurred.If price may...
Price is reacting below our pivot at 88.718 which is in line with 61.8 Fibonacci extension and 127.2% Fibonacci retracement . Price could potential swing towards support at 86.575 which is in with 78.6% Fibonacci extension . Alternatively, price may swing towards resistance at 89.130 which is in line with 78.6% Fibonacci extension . Any opinions, news, research,...
Price has broken under the ascending support turn resistance showing a bearish signal. A potential sell entry level would be 0.73581 in line with the 23.6% Fibonacci extension and 38.2% Fibonacci retracement . The price would potentially drop to the take profit level 0.72880 in line with 27.2% Fibonacci extension (-27.2% Fibonacci retracement ) and 50% Fibonacci...
Price has broken above the descending trendline showing a bullish signal. Potential buying entry at the current level 0.92331 to ride the price action to take profit level at 0.92753 in line with the previous horizontal swing high as well as the 127.2% Fibonacci projection . Stop-loss level at 0.92063 in line with the 78.6% Fibonacci extension . Our bullish bias...
Price is reacting above our pivot level at 1,724.20 which is in line with 38.2% Fibonacci retracement level. Price could potentially swing towards resistance at 1,758.53, which is in line with 50% Fibonacci retracement level, 100% Fibonacci extension level, 20EMA & horizontal overlap resistance. Alternatively, price may drop to our support at 1,706.36, which...
Price is reversing from the sell entry at 81.352 at 61.8% Fibonacci retracement towards our take profit at 80.598 in line with 61.8 Fibonacci retracement and extension. Otherwise price may rise to stop loss at 81.656 in line with 78.6% Fibonacci extension . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained...
Price is currently holding below the horizontal overlap resistance in line with the 23.6% Fibonacci retracement and the 61.8% Fibonacci extension . We can expect price to plunge and take support at the 1789.747 level which is in line with the 161.8% Fibonacci retracement and the 161.8% Fibonacci extension . Our bearish bias is further supported by how price is...
USDJPY is holding under a descending trend line , approaching a potential sell entry level at 109.812, near 61.8% Fibonacci retracement as well as 78.6% Fibonacci extension where we could potentially see the price drop to take profit at 108.722, near 61.8% Fibonacci extension and 127.2% Fibonacci retracement . Any opinions, news, research, analyses, prices, other...
GBPJPY is reacting below the descending trendline and is approaching the sell entry of 152.857, near 78.6% Fibonacci extension where we could potentially see the price drop to take profit at 150.939 near 50.0% Fibonacci retracement . Alternatively, prices may rally up towards stop loss at 153.980 at a horizontal swing high. Any opinions, news, research, analyses,...
NZDJPY is holding under a descending trend line and currently testing the swing high resistance at 77.486 which is in line with the 161.8% Fibonacci retracement and the 78.6% Fibonacci extension . Price is likely to reverse under this level to take support at the horizontal swing low support in line with the 161.8% Fibonacci extension and the 61.8% Fibonacci...
Price is coming into support area at 1.18072 , in-line with 61.8% Fibonacci Retracement ,161.8% Fibonacci Extension and ascending trendline support where we could potentially see it bounce to resistance at 1.18355, in-line with 23.6% Fibonacci Retracement and 61.8% Fibonacci Extension . If price drop from further, it could potentially swing towards support at...
Price broke out of inverse head & shoulder. If the price retrace to 0.702000, in-line with 38.2% Fibonacci Retracement , 100% Fibonacci Extension and 20EMA, we could potentially see it bounce further upside to 0.70961, in-line with -61.8% Fibonacci Retracement and 127.2% Fibonacci Extension . If the price drops below, it could potentially swing towards support at...
GBPUSD is in the bullish area on the daily chart on the left. On the right, the hourly EMAs have crossed bullishly. The stochastic still needs to cross up. If it does, a movement to 80 level and maintenance of that level (blue arrow) increases the chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop...
CADJPY is reacting below the descending trendline and is approaching the sell entry near 78.6% Fibonacci retracement where we could potentially see the price drop to take profit at 86.575 near 50% Fibonacci extension and horizontal swing low. Alternatively, prices may rally up towards stop loss at 88.296 at horizontal swing high. Any opinions, news, research,...
USDCAD is currently approaching the swing high resistance in line with the 100% Fibonacci extension and the 38.2% Fibonacci retracement . We can expect price to reverse off this level and take support at the horizontal swing low which is in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement . Our bearish bias is further supported by how price is...
NZDCHF reversing from sell entry, in line with 78.6% Fibonacci retracement and 100% Fibonacci extension . Prices re expected top fall to take profit, in line with 78.6% retracement and 61.8% extension. Alternatively, price may rally to stop loss, in line with 127.20% Fibonacci extension . Indicator showing bearish bias. Any opinions, news, research, analyses,...
Price broke out of inverse head & shoulder. If the price retrace to 0.702000, in-line with 38.2% Fibonacci Retracement , 100% Fibonacci Extension and 20EMA, we could potentially see it bounce further upside to 0.70961, in-line with -61.8% Fibonacci Retracement and 127.2% Fibonacci Extension . If the price drops below, it could potentially swing towards support at...