AUDJPY is approaching its resistance at 78.84 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 75.79 (38.2% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
AUDCHF is testing its resistance at 0.7129 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement , horizontal overlap resistance) where a reversal to its support at 0.6970 (38.2% Fibonacci retracement , horizontal swing low support) may occur. Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.
EURAUD is approaching its resistance at 1.5981 (100% Fibonacci extension, 23.6% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.5877 (61.8% Fibonacci retracement, horizontal overlap support).
NZDUSD is approaching its support at 0.6714 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6797 (61.8% Fibonacci retracement, horizontal pullback resistance).
EURNZD is approaching its resistance at 1.6886 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.6770 (61.8% Fibonacci retracement, horizontal overlap support).
USDCHF is approaching its resistance at 0.9887 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing high resistance) where it may reverse down to its support at 0.98375 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding...
EURCAD is approaching its support at 1.5095 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5304 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 1.8% where a corresponding bounce could occur.
AUDPY is approaching its resistance at 78.79 (23.6% & 61.8% Fibonacci retracement , horizontal pullback resistance) where it could reverse down to its support at 75.75 (38.2% Fibonacci retracement , horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur.
GBPJPY is approaching its resistance at 140.20 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 136.89 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur.
EUR/USD: A combination of broad-based USD bidding and ECB President Draghi highlighting recent economic developments have been weaker than forecasts, weighed on the single currency Tuesday. Down 0.48% on the day, the EUR/USD’s H4 candles broke through and retested January’s opening level at 1.1445 as resistance, and eventually whipsawed through 1.14 into the...
AUDJPY is approaching its resistance at 78.79 (61.8% & 23.6% Fibonacci retracement , horizontal overlap resistance) where it is could potentially reverse down to its support at 75.75 (38.2% Fibonacci retracement ). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
CHFJPY is approaching its resistance at 111.32 (76.4% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 109.45 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
NZDUSD is approaching its resistance at 0.6879 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.6801 (horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
EURAUD is approaching its support at 1.5873 (61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.6133 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
EURUSD bounced nicely off its support at 1.1452 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 1.1570 (Horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support at 4.3% where a corresponding rise could occur.
EURNZD bounced nicely off its support at 1.6782 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.6893 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is bounced off its support at 1.1% where a corresponding rise could occur.
AUDCHF is testing its resistance at 0.7110 (61.8% Fibonacci extension, 61.8 % Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.6970 (38.2% Fibonacci retracement, horizontal swing low support) may occur. Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.
AUDCAD is testing its resistance at 0.9565 (100% Fibonacci extension, 61.8% & 76.4% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9465 (38.2% Fibonacci retracement, horizontal swing low support) may occur. Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop may occur.