Price is at resistance area where we could potentially see it pull back to retest breakout support at 1,803.82, in-line with 50% Fibonacci Retracement , 61.8% Fibonacci Extension and descending trendline resistance-turned-support. If price bounce above pivot ,it would swing towards resistance at 1,827.97, in-line with 78.6% Fibonacci Retracement and 127.2%...
FXCM's US ECOMM Basket is made up of ETSY, W, SHOP, WMT, EBAY, and AMZN. Its daily price is in the bullish area on the left. The hourly stochastic has crossed bullishly but the EMAs are yet to trigger upwards. If they do, it potentially signals that short-term traders have aligned themselves with the daily timeframe. A movement of stochastic to the 80 level and...
Price is currently approaching and likely to take support at the 1.25598 level which is in line with the ascending trendline, 61.8% Fibonacci extension, and the 61.8% Fibonacci retracement. We can expect price to rise to the take profit at 1.26081 which is in line with a horizontal swing high as well as the 3802% Fibonacci retracement. Our bullish bias is...
NZDUSD is approaching from sell entry, in line with 50% Fibonacci retracement and 38.2% Fibonacci extension. Prices are expected to fall to take profit, in line with 127.2% Fibonacci retracement and 50% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 78.6% Fibonacci retracement. Indicators are showing bearish pressure.
Any...
GBPUSD pushed higher and is currently trading sideways, testing key -61.8% Fibonacci retracement level. A short-term pullback towards our take profit and graphical overlap support at 1.38325 could be possible. We also have short-term 50% Fibonacci retracement on our take profit level as well. Stochastic is testing resistance where price dropped in the past...
AUDUSD is currently within a triangle consolidation pattern. A breakout below 78.6% Fibonacci retracement and recent graphical swing low at 0.73480 towards long-term support and 161.8% Fibonacci extension zone at 0.72897 could be possible. RSI indicator is also reacting below descending trendline resistance where we see price-making pullbacks in the past.
Any...
GBPCHF is reversing from sell entry, in line with 127.2% Fibonacci retracement and 38.2% Fibonacci extension. Prices are expected to fall to take profit, in line with 50% Fibonacci retracement and 38.2% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci extension. Indicators are showing bearish reversal.
Any opinions,...
EURUSD is reacting above buy entry, in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension. Prices are expected to rise to take profit, in line with78.6% Fibonacci extension. Alternatively, prices may fall to stop loss, in line with 161.8% Fibonacci extension. Indicators are showing bullish pressure.
Any opinions, news, research, analyses, prices,...
Appears that price is likely to take support and bounce up from the 80.689 level which is in line with the 50% Fibonacci retracement, 127.2% Fibonacci retracement as well as the horizontal overlap resistance. Price is expected to rise until the horizontal swing high at 81.516 which is also in line with the 100% Fibonacci extension level. Our bullish bias is...
NZDJPY is approaching the sell entry at the 76.516 level in line with the horizontal overlap resistance, 38.2% Fibonacci retracement, and the 100% Fibonacci extension level. We can expect the price to take support at the 75.768 level in line with the 78.6% Fibonacci extension and 78.6% Fibonacci retracement level. Our bearish bias is further supported by how price...
FXCM's BIOTECH basket is in the bullish area on the daily chart on the left. The basket is made up of equal weighting of 2% each in ABBV, AMGN, GILD, CELG and VRTX. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a...
Price is approaching pivot, in-line with 50% Fibonacci Retracement and ascending trendline where we could potentially see the price swing towards resistance at 1.18334, in-line with 38.2% Fibonacci Retracement and 100% Fibonacci Extension. If the price drops from here, it will swing towards resistance at 1.17575, in line with 78.6% Fibonacci Retracement and 78.6%...
Price currently approaching the horizontal overlap support which is in line with the 50% Fibonacci retracement as well at the 38.2% Fibonacci extension. Should price break that level, we can expect it to plunge further to take support at the 79.819 level which is in line with the horizontal swing low support and the 78.6% Fibonacci extension level. Our bearish...
Price broke down below the triangle pattern where we could potentially see the price swing towards support at 1,782.69, in line with 61.8% Fibonacci Retracement and 127.2% Fibonacci Extension. If the price bounce from here, it will swing towards resistance at 1,811.96, in line with 50% Fibonacci Retracement and 78.6% Fibonacci Extension.
Any opinions, news,...
NZDUSD is reacting below sell entry, in line with descending trendline resistance, horizontal swing high resistance, 127.2% Fibonacci retracement, and 50% Fibonacci extension. Prices are expected to fall to horizontal swing low support, in line with 78.6% Fibonacci extension. Stochastic is approaching hidden resistance at 92.28.
Any opinions, news, research,...
NZDUSD is reacting below sell entry, in line with descending trendline resistance, horizontal swing high resistance, and 50% Fibonacci extension. Prices are expected to fall to horizontal swing low support, in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. Stochastic is approaching hidden resistance at 91.31.
Any opinions, news, research,...
Price is currently testing the weak H1 horizontal overlap support which is in line with the 38.2% Fibonacci retracement and 38.2% Fibonacci extension. Should price break this level, we can expect price to drop and take support at 76.516 which is in line with the 100% Fibonacci extension. 38.2% Fibonacci retracement as well as the horizontal swing low support. Our...
USDCHF holding below a descending trendline resistance and is currently at the horizontal overlap resistance which coincides with the 23.6% Fibonacci retracement. We can expect the price to reverse off this level and take support at 0.91196 which is in line with the horizontal swing low support and 0.786% Fibonacci extension level. Our bearish bias is further...
