BTCUSD is testing its support at 7481 (61.8% & 38.2% Fibonacci retracement, horizontal overlap support, ascending channel support) where price could rise to its resistance at 7729 (61.8% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce...
EURGBP bounced nicely from its support at 0.8726 (76.4% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 0.8795 (61.8% Fibonacci extension, horizontal overlap resistance). We do have to be cautious of the intermediate resistance at 0.8759 (61.8% Fibonacci extension,...
CADJPY is approaching its resistance at 84.94 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a potential react could occur, causing price to fall to its support at 80.58 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reaction could occur.
USDJPY tested its resistance at 109.80 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where price could drop further to its support at 109.10 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) tested its resistance at 97% where we expect to see a corresponding drop.
EURUSD tested its resistance at 1.1722 (23.6% Fibonacci retracement, channel resistance, horizontal overlap resistance) where we price could fall to its support at 1.1536 (horizontal swing low support). We do have to be cautious of the intermediate support at 1.1612 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) has reversed from...
EURJPY is approaching our first resistance at 127.74 (horizontal overlap resistance, 23.6%, 38.2%, 50% Fibonacci retracement) where price might potentially drop to our first support at 126.34 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding...
AUDJPY is approaching our first resistance at 83.10 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where price might potentially drop to our first support at 82.03 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in...
GBPJPY is approaching our first resistance at 145.32 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where price might potentially drop to our first support at 144.18 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in...
USDCHF broke out of our short term ascending support line and is testing our first support at 0.9848 (horizontal overlap support, 23.6% Fibonacci retracement) where we expect price to breakout and drop to our second support at 0.9731 (horizontal swing low support, 38.2% Fibonacci retracement).
RSI (89) is also seeing a bearish exit and we might see a further drop...
ASX reversed nicely off its resistance at 6037 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 5920 (61.8% Fibonacci extension x2, 50% Fibonacci retracement).
Stochastic (34, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
NZDJPY reversed nicely off its resistance at 76.31 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where price could potentially fall to its support at 74.56 (61.8% Fibonacci extension, horizontal swing low support). We do have to be cautious of the intermediate support at 75.40 (50% Fibonacci retracement, horizontal...
AUDNZD bounced nicely off its support at 1.0818 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where price could rise to its resistance at 1.0940 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) shows a corresponding bounce off its support at 4.7%. We have also...
EURGBP tested its major resistance at 0.8787 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, 100% Fibonacci extension, descending resistance line) where price could fall to its support at 0.8699 (horizontal swing low support). We do have to be cautious of the intermediate support at 0.8724 (61.8% Fibonacci extension, 61.8% Fibonacci retracement,...
USDCAD is approaching its resistance at 1.3079 (61.8% Fibonacci extension x 2, horizontal swing high resistance) where we it could potentially fall to its support at 1.2728 (61.8% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate support at 1.2919 (23.6% Fibonacci retracement, horizontal overlap support)....
AUDUSD bounced nicely off its support at 0.7481 (61.8% & 78.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 0.7543 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 0.7449 (78.6% Fibonacci retracement, horizontal swing low...
GBPJPY is approaching its support at 143.08 (Horizontal overlap support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where price could bounce above this level to our resistance at 146.20 (horizontal pullback resistance, 100% Fibonacci extension , 50% Fibonacci retracement ).
Stochastic (55,5,3) is also seeing a bullish divergence and is approaching...
CADCHF is testing its resistance at 0.7610 (horizontal pullback resistance, 23.6% Fibonacci retracement) where price could potentially drop to its major support at 0.7480 (horizontal swing low support, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (55) is also...
XAUUSD is approaching our first resistance at 1301.45 (horizontal overlap resistance, 50% Fibonacci retracement) and price might potentially drop to our first support at 1288.55 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout below our intermediate support at 1297.49 (horizontal overlap support, 38.2% Fibonacci retracement) might provide...
