AUDJPY bounced nicely from its support where it could potentially rise further to its resistance at 83.40 (61.8% Fibonacci retracement). There is however an intermediate resistance at 83.01 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) that we have to be cautious about.
Stochastic (89, 5, 3) bounced nicely off its support...
DXY is approaching its resistance at 90.08 (61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially reaction off it, causing price to fall to its support at 89.67 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 90.28 (61.8% Fibonacci extension, 76.4%...
EURAUD is testing its resistance area at 1.5997 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, 50% Fibonacci retracement) where potential reversal may occur, causing price to drop to its support at 1.5923 (61.8% Fibonacci extension, 50% Fibonacci retracement). We have also identified another resistance at 1.6036 (100% Fibonacci extension).
Stochastic...
XAAUUSD is being held up by a long term and short term ascending support line. It tested its support at 1328 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 1363 (61.8% Fibonacci extension, horizontal swing high resistance). We have also...
NZDUSD is approaching its support at 0.7302 (100% Fibonacci extension x2, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement) where a potential bounce could happen, causing price to rise to its resistance at 0.7338 (38.2% Fibonacci retracement, horizontal overlap resistance). If it breaks past this level, it could rise to 0.7395 (61.8% Fibonacci extension,...
SPX500USD is testing its resistance at 2709 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop its first support at 2675 (23.6% Fibonacci retracement, horizontal pullback support). If it breaks past this level, it could potentially fall to its next support at 2629 (100%...
AUDUSD broke out of its descending resistance line where it could potentially bounce on weakness at 0.7746 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where prices could rise all the way up to its resistance at 0.7845 (76.4% Fibonacci retracement, 100% Fibonacci extension, 61.8% Fibonacci extension). We have also identified...
ASX is approaching its resistance at 5861 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, 50% Fibonacci retracement) where it could potentially react off it, causing price to drop to its first immediate support at 5811 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). If it breaks past this level, it could drop to the next support at 5774 (61.8%...
DXY reversed nicely off its resistance at 89.67 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 89.24 (61.8% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support). We have also identified another stop loss at 89.86 (100% Fibonacci extension)....
We see price testing its resistance at 8360 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could potentially react off it, causing it to fall to its support at 7518 (horizontal pullback support). If it breaks past this level, it could potentially fall to its next support at 6426 (horizontal swing low support)....
SPX500USD is being held up by its ascending support line where price could potentially rise further to its 1st resistance at 2017 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance). If it breaks past this level it could rise to its next resistance at 2740 (76.4% Fibonacci retracement, horizontal overlap resistance).
RSI (55)...
USDJPY broke out of its ascending support where it is now testing its resistance at 107.142. Prices could potentially push down all the way to its support at 106.649 (38.2% Fibonacci retracement, horizontal overlap support).
RSI (55) shows a corresponding break out where we expect to see a similar drop.
AUDUSD reversed off its resistance at 0.7785 (horizontal swing high resistance) where it could potentially drop all the way to its support at 0.7726 (61.8% Fibonacci extension, 50% Fibonacci retracement, 100% Fibonacci extension). We have also identified another resistance at 0.7809 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high...
XAUUSD reversed nicely off its resistance at 1348 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall all the way to its support at 1336 (100% Fibonacci extension, 61.8% Fibonacci retracement, multiple swing low support). We have also identified another resistance at 1353 (61.8% Fibonacci...
AUDNZD could potentially rise to its resistance at 1.0603 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) before reversing and falling to its 1st support at 1.0556 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 1.0626 (76.4% Fibonacci...
EURUSD tested its resistance at 1.2387 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially react off, causing price to fall to its 1st support t 1.2325 (38.2% Fibonacci retracement, horizontal support) or to its 2nd support at 1.2306 (50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance...
NZDUSD bounced nicely off its support at 0.7347 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise further to its resistance at 0.7394 (horizontal swing high resistance). We have also identified another support at 0.7319 (100% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci...
GBPUSD tested its resistance area at 1.4297 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance), where it reversed nicely off it. Price could potentially drop further to its support at 1.4123 (61.8% Fibonacci extension, 50% Fibonacci retracement). We have also identified another resistance at 1.4350 (horizontal swing high...
