ASX approaching major support at 5905.6 (62.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support) where a potential bounce could occur, causing price to rise to its 1st resistance at 6304.6 (76.4% Fibonacci retracement , horizontal swing high resistance). If it breaks past this level it could rise to its 2nd resistance at 6081.7...
AUDUSD broke out of its horizontal pullback resistance at 0.7712, a strong reaction could occur at this level pushing price down to our next major support at 0.7648 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ).
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NZDUSD is testing major support at 0.7203 (61.8%, 100% Fibonacci extension , horizontal swing low support) which coincides with the short term ascending support line. A strong reaction could occur at this level, pushing price up to our next resistance at 0.7258 (38.2% Fibonacci retracement , horizontal overlap resistance). A breakout of this level might push price...
GBPJPY tested its resistance at 149.372 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it has the potential to drop it its 1st support at 146.167 (L T 61.8% Fibonacci retracement , 76.4% Fibonacci retracement ). We have also identified another resistance at 150.938 (61.8% Fibonacci extension , 50% Fibonacci...
NZDUSD is approaching major support at 0.7250 (horizontal swing low support, 61.8% Fibonacci retracement ) which coincides with our long term ascending support line. A strong reaction could occur at this level, pushing price up to our next m major resistance at 0.7356 (61.8% Fibonacci retracement , 61.8%, 100% Fibonacci extension , horizontal swing high...
AUDUSD is approaching its major support at 0.7730 (horizontal overlap support, 78.6% Fibonacci retracement , 61.8% Fibonacci extension ) which coincides with its long term ascending support line. A strong reaction could occur at this level pushing price up to its next resistance at 0.7843 (horizontal overlap resistance, 50% Fibonacci retracement ). If price breaks...
EURAUD bounced nicely off its support at 1.5651 (Horizontal swing low support) and has the potential to rise to its 1st resistance at 1.5810 (100% Fibonacci extension , 61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal overlap resistance). If it breaks past this level it could potentially rise to its 2nd resistance at 1.5979 (L T 61.8% Fibonacci...
GBPUSD has reacted off its major resistance at 1.4000 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ) and a breakout of this level could push price up to our next major resistance level at 1.4070 (horizontal swing high resistance, 61.8% Fibonacci retracement ).
Similarly, if price breaks out of our major support...
USDJPY is approaching its major support at 105.80 (78.6% Fibonacci retracement , horizontal overlap support, 61.8%, 100% Fibonacci extension ). A strong reaction could occur at this level, pushing price up to our next major resistance at 106.37 (horizontal overlap resistance, 38.2% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching its major...
EURAUD is approaching its resistance at 1.5810 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could potentially reverse and drop to its 1st support at 1.5615 (L T 61.8% Fibonacci extension, 61.8% Fibonacci extension, 50% Fibonacci retracement, multiple swing low support). If it breaks past this level, it could...
DXY approaching support at 89.52 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where a potential bounce could happen, pushing price up to its 1st resistance at 90.34 (61.8% Fibonacci extension, horizontal swing high resistance). If price breaks past this point, it could rise to its 2nd resistance at 90.99 (61.8% Fibonacci...
USDJPY is approaching our major support level at 106.35 (horizontal overlap support, 50% Fibonacci retracement ). A strong reaction can occur at this level pushing price up to our next major resistance at 107.18 (horizontal swing high resistance, 23.6%, 78.6% Fibonacci retracement ).
RSI (55) is also approaching its support level 50% and is a good precursor for...
GBPUSD broke out of its long term descending pullback support line and is currently testing our major resistance level at 1.3995 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ). A breakout of this level could push price up to our next major resistance at 1.4070 (horizontal swing high resistance, 61.8% Fibonacci...
ASX is approaching its support area at 5905.6 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support) where a potential bounce could occur, pushing price up to its 1st resistance at 6034.6 (76.4% Fibonacci retracement , horizontal swing high resistance), or possibly to its 2nd resistance at 6081.7 (horizontal swing high...
GBPUSD is approaching major resistance at 1.3923 (100% Fibonacci extension , 61.8% Fibonacci extension x2, 61.8% Fibonacci retracement , 50% Fibonacci retracement , horizontal overlap resistance) and could potentially fall to its 1st support at 1.3708 (61.8% Fibonacci extension , L T 100% Fibonacci extension , horizontal swing low support) or to its 2nd support at...
USDJPY is testing its horizontal overlap support at 106.35 which coincides with its long term descending pullback support line. Should this level hold, a strong bounce could occur at this level pushing price up to its next major resistance at 107.58 (horizontal swing high resistance, 100% Fibonacci extension , 23.6% Fibonacci retracement ).
Stochastic (21,5,3)...
AUDUSD is testing its major resistance at 0.7891 (horizontal overlap resistance, 38.2%, 61.8% Fibonacci retracement , 100% Fibonacci extension ). A major reaction could occur at this level, pushing price down to its next major support at 0.7772 (Horizontal overlap support, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ).
Stochastic (55,5,3) is also...
USDCAD is approaching its support area between 1.2788 (38.2% Fibonacci retracement ) and 1.2760 (100% Fibonacci extension ) where a bounce could occur, causing price to potentially rise to its 1st resistance at 1.3002 (horizontal swing high resistance). We have also identified another support level at 1.2720 (50% Fibonacci retracement , 76.4% Fibonacci retracement...
