EURGBP is testing its support at 0.8731 (76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.8854 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support at 2.4% where a corresponding bounce could occur.
GBPCHF is approaching its resistance at 1.3136 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1.2784 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96.7% where a...
NZDCAD is approaching its resistance at 0.8778 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.8558 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 98.3% where a...
NZDJPY is approaching its resistance at 75.58 (100% Fibonacci extension, horizontal swing high resistance) where it could potentially reverse down to its support at 73.71 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 98.8% where a corresponding reversal could occur.
Despite below par UK service PMI data and reports the UK government has imposed a 1-week deadline to resolve the remaining key issues on Brexit with the EU, the GBP/USD ended Monday’s segment marginally on the front foot, up 0.11% (open/close).
Our technical reading shows H4 price is poised to extend recent gains and possibly grapple with its 1.31 handle. Note...
XAUUSD is approaching its resistance at 1239.78 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1220.38 (61.8% Fibonacci extension, 38.2 Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 95% where a...
CADJPY is approaching its resistance at 86.67 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 85.76 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
GBPAUD is approaching its resistance at 1.8194 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.7947 (76.4% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
EURJPY reversed off its resistance at 129.35 (100% Fibonacci extension x3, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop further to its support at 128.50 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop could occur.
GBPAUD reversed from its resistance at 1.8092 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially drop to its support at 1.7963 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) reversed near its resistance at 88%.
NZDJPY is approaching its resistance at 75.54 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 74.38 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
USDCAD bounced nicely off its support at 1.3071 (61.8% Fibonacci extension, 38.2% & 50% & 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3167 (horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off near its support at 2.1% where a corresponding rise could occur.
GBPUSD is approaching its resistance at 1.3039(61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.2916 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
USDJPY is approaching its support at 112.63 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 113.07 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
GBPUSD is approaching its resistance at 1.2925 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could reverse down to its support at 1.2788 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
AUDNZD is testing its resistance at 1.0876 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.0830 (61.8% Fibonacci retracement) could occur.
Stochastic (55, 5, 3) has reversed off near its resistance at 93% where a corresponding drop could occur.
NZDJPY bounced perfectly from its support at 73.56 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 74.23 (horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 3.9%.
CADJPY is approaching its resistance at 86.69 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 85.83 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
