AUDUSD is testing its resistance area at 0.7581 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 0.7474 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding drop...
EURGBP reversed nicely off its resistance at 0.8835 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could fall to its support at 0.8768 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). RSI (34) reacted off its descending resistance line which contributes to our bearish bias.
AUDUSD is testing its resistance at 0.7535 (23.6% Fibonacci retracement x2, horizontal swing high resistance) where it could potentially fall to its support at 0.7449 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reversal could occur
NZDUSD reversed off its resistance at 0.6978 (78.6% Fibonacci retracement, 100% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance) where price could potentially fall to its support at 0.6909 (horizontal swing low support). We do have to be cautious of the intermediate support at 0.6939 (50% Fibonacci retracement, horizontal overlap...
CADCHF is approaching resistance at 0.7908 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) a reversal could potentially occur, causing price to fall to its support at 0.7715 (23.6% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding reversal could occur.
GBPAUD reversed nicely off its resistance at 1.8250 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.8031 (61.8% Fibonacci extension, 76.4% Fibonacci retracement). We do have to be cautious of the intermediate support at 1.8102 (50% Fibonacci retracement, horizontal...
GBPCHF is approaching its resistance at 1.3641 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) price could potentially react off and fall to its support at 1.3447 (38.2% Fibonacci retracement, horizontal overlap support). We do have to be cautious of the intermediate support at 1.3511 (horizontal swing low support)....
ETHUSD bounced off its ascending support at 712.54 (76.5%, 61.8%, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 803.44 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). Stochastic (89, 5, 3) made a corresponding bounce off its support and has a...
GBPJPY reversed off its resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 147.14 (horizontal swing low support). Stochastic (89, 5, 3) is reversed off its resistance at 96% where it has a lot of corresponding downside potential.
AUDNZD is approaching its support at 1.0669 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price could bounce and potentially rise to its resistance at 1.0750 (horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 2.7% where we expect to see a corresponding bounce.
CADCHF is testing its resistance at 0.7745 (38.2% Fibonacci retracement, horizontal overlap resistance) where if it surpasses this resistance, it could potentially rise to its next resistance at 0.78070 (horizontal swing high resistance) if broken. Stochastic (55, 5, 3) bounced from its support at 7.7% where a corresponding rise is expected.
CHFAUD is approaching resistance at 1.3418 (78.6% Fibonacci retracement, horizontal overlap resistance) where price could potentially reverse and fall to its support at 1.3295 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching resistance at 95% where a corresponding reaction could occur.
SPX500USD is approaching resistance at 2684 (76.4% Fibonacci, 61.8% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance) where price could potentially react off, causing it to fall to its support at 2622 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate...
USDJPY bounced nicely off its support at 108.76 (23.6% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 109.52 (61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is bounced off its support at 6.3% where it has the potential to rise further.
GBPCHF is approaching its resistance at 1.3641 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.3447 (38.2% Fibonacci retracement, horizontal overlap support). We do have to be cautious of the intermediate support at 1.3511 (horizontal swing low support). Stochastic (55, 5,...
LTCUSD bounced nicely off its support at 156.23 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal overlap support) where price could potentially bounce off again before rising to its resistance at 180.63 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) bounced off its support at 12% where a...
CADCHF reversed nicely off its intermediate resistance at 0.7806 (horizontal swing high resistance) where it could potentially fall to its intermediate support at 0.7714 (100% Fibonacci extension, 50% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal overlap support) before bouncing back up to its resistance at 0.7914 (61.8% Fibonacci extension,...
NZDUSD tested its descending channel resistance at 0.7040 (78.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance) and reversed nicely where it has the potential to fall further to its support at 0.6987 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (21, 5, 3) reversed nicely off its resistance where a...