USDJPY is approaching its support at 109.22 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where prices could rise to its resistance at 110.13 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is also approaching its support at 5.2% where a corresponding bounce is could occur.
EURGBP bounced off its support at 0.8764 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise further to its resistance at 0.8831 (61.8% Fibonacci extension, horizontal swing high resistance). Stochastic (34, 5, 3) made a corresponding bounce off its support at 9.6% where it could rise further.
AUDJPY is approaching its resistance at 84.47 (100% Fibonacci extension, 61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could reverse, causing it to fall to its support at 81.30 (horizontal swing low support). We do have to be cautious of the intermediate support at 82.75 (50% Fibonacci...
NZDUSD is approaching its support at 0.6995 (100% Fibonacci extension, 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could bounce off from here to its resistance at 0.7054 (horizontal swing high resistance). Stochastic (34, 5, 3) is approaching its support at 6.41% where a corresponding bounce could occur.
EURAUD reversed off its resistance at 1.5515 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.5289 (horizontal swing low support). We do have to be cautious of the intermediate support at 1.5385 (50% Fibonacci retracement, horizontal overlap support)....
SPX500 is approaching its resistance at 2802 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizotnal swing high resistance) where a potential reversal might occur, causing price to fall to its support at 2675 (horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
AUDNZD is approaching its support at 1.0781 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where price could bounce and rise to its resistance at 1.0897 (61.8% Fibonacci extension, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 5.9% where a corresponding bounce could occur.
NZDUSD reversed off its resistance at 0.7046 (100% Fibonacci extension, horizontal overlap resistance) where it could potentially fall to its next support at 0.6986 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has made a bearish exit from its ascending support line which contributes to our bearish bias.
EURUSD reversed off its resistance at 1.1837 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1.1647 (horizontal overlap support). Stochastic (55, 5, 3) has also reversed off its resistance at 96% where a corresponding drop could occur.
GBPUSD reversed nicely off its resistance at 1.3646 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance, where price could fall to its support at 1.3219 (horizontal swing low support). Stochastic (55, 5, 3) has reversed off its resistance at 95% and a bearish divergence with price has been identified which contributes to our...
EURAUD reversed off its resistance at 1.5515 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.5289 (horizontal swing low support). We do have to be cautious of the intermediate support at 1.5385 (50% Fibonacci retracement, horizontal overlap support)....
UKOIL is approaching its support at 75.01 (61.8% Fibonacci retracement, 61.8% Fibonaci extension, horizontal overlap support) where it could potentiallyt rise to its resistance at 78.14 (100% Fibonacci extension, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
ASX is approaching its resistance at 6091 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to drop to its support at 5962 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) Stochastic (55, 5, 3) is approaching its resistance at 96% where a...
EURGBP is approaching its resistance at 0.8792 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where a reversal could occur, causing price to fall to its support at 0.8725 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate support at 0.8758...
AUDJPY is testing its resistance at 84.47 (50$ Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop to its support at 81.30 (horizontal swing low support). We do have to be cautious of the intermediate support at 82.74 (50% Fibonacci retracement, horizontal overlap support). Stochastic ( 89, 5, 3) is testing its...
GBPJPY is testing its resistance at 147.32 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a potential reversal might occur, causing price to fall to its support at 145.31 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is testing resistance at 95% where a corresponding reaction could occur.
CADCHF bounced nicely off its support at 0.7568 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where price could potentially rise to its resistance at 0.7685 (38.2% Fibonacci retracement x2, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching support at 5$ where a corresponding rise could occur. We have also...
EURUSD is testing its resistance at 1.1728 (23.6% & 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where a reaction could occur, causing price to fall to its support at 1.1536 (horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reaction could occur.