USDJPY is approaching its support at 110.18 (61.8% Fibonacci extension, 50% Fibonacci retracement x2, horizontal overlap support) where price could potentially bounce off from, rising to its resistance at 111.04 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4$ where a corresponding bounce could occur.
XAUUSD is testing its resistance at 1259 (61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where we a reversal could occur, causing price to fall to its support at 1238 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 93% where a reversal could occur.
Solid macroeconomic data out of the UK on Wednesday helped the GBP/USD reclaim the 1.32 handle in strong fashion. Though price action found difficulty extending these gains at nearby H4 resistance drawn from 1.3213, the pair eventually overpowered the obstacle amid thin US trade and clocked a fresh weekly high of 1.3249.
Recent movement has placed the H4...
USDCAD is approaching its support at 1.3065 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where a bounce could occur, causing price to rise to its resistance at 1.3262 (61.8% Fibonacci retracement, horizontal pullback resistance)
Stochastic (55, 5, 3) is approaching its support at 3.7% where corresponding bounce could occur.
CADCHF is approaching its resistance at 1.0954 (38.2%, 50% & 61.8% Fibonacci retracement, horizontal overlap resistance) where we price could fall to its support at 0.7476 (61.8% & 50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur. We have also...
USDCHF is approaching its support at 0.9903 (61.8% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal swing low support) where it could bounce off from, rising to its resistance at 0.9985 (horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
EURJPY reversed off its resistance at 129.55 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where it could drop to its support at 127.27 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) has reversed off its resistance at 97%. A bearish divergence with price has also been identified which...
GBPAUD has reversed off its resistance at 1.7966 (78.6%, 61.8%, 50% Fibonacci retracement, multiple swing high resistance) where price could drop to its support at 1.7732 (horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
AUDNZD is approaching its resistance at 1.0954 (100% & 61.8% Fibonacci extension, 78.6% & 61.8% Fibonacci retracement, horizontal swing high resistance) where price could react, causing it to reverse and fall to its support at 1.0789 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 99% where a...
EURAUD is approaching its resistance at 1.5974 (78.6% & 76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where it could react off, causing price to fall to its support at 1.5641 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
CADCHF is testing its resistance at 0.7550 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could drop to its support at 0.7399 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
USDCHF has bounced off its support at 0.9900 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where price could rise to its resistance at 0.9985 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 1.34% where a corresponding rise could occur.
EURUSD is approaching its resistance at 1.1733 (100% & 61.8% Fibonacci extension, 61.8% & 76.4% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to fall to its support at 1.1518 (horizontal swing low support).
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop is expected.
GBPJPY is approaching its resistance at 146.63 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could reverse down to its support at 143.83 (100% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
CADJPY is approaching its resistance at 85.24 (100% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could react off and fall to its support at 83.17 (61.8% Fibonacci retirement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
EURUSD is approaching our first support at 1.1627 (horizontal overlap support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing g price up to our major resistance at 1.1727 (horizontal pullback resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). A breakout above our intermediate resistance at 1.1660 (61.8%...
Price is approaching our first resistance at 110.69 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 109.98 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also...
Price is approaching our first resistance at 111.41 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 110.24 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our...
