AUDUSD is approaching our first resistance at 0.7475 (horizontal pullback resistance, 23.6% Fibonacci retracement) where it could potentially fall to its support at 0.7418 (horizontal swing low support, 100% Fibonacci extension). A breakout below our first support at 0.7449 (horizontal swing low support, 76.4% Fibonacci retracement) might provide the bearish drop...
GBPAUD bounced nicely off its support at 1.7909 (61.8%, 61.8% &50% Fibonacci retracement, horizontal overlap support) where a potentially bounce on weakness may happen, causing price to rise to its resistance at 1.8246 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). We do have to be cautious of the intermediate resistance...
GBPJPY is approaching resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where it could potentially react off, causing price to fall to its support at 147.16 (horizontal swing low support). We do have to be cautious of the intermediate support at 147.62 (76.4% Fibonacci retracement, horizontal swing low...
AUDJPY is approaching its resistance at 82.85 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could react off it, potentially causing it to fall to its support at 81.727 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a...
CADJPY is approaching resistance at 86.06 (61.8% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance) where could potentially fall to its support at 83.36 (50% Fibonacci retracement, horizontal overlap support). We do have to be cautious of the intermediate support at 83.91 (38.2% Fibonacci retracement, horizontal swing low support)....
EURAUD bounced nicely off its support at 1.5780 (76.4% & 38.2 Fibonacci retracement, Elliot wave structure, horizontal overlap support) where it could potentially fall back to its support before rising to its resistance at 1.5899 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance). We do have to be cautious of the intermediate...
USDJPY is testing its channel support at 109.21 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, channel support) where price could potentially rise to its resistance at 110.06 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching support where a bounce could occur.
AUDUSD is testing its resistance area at 0.7581 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 0.7474 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding drop...
EURGBP reversed nicely off its resistance at 0.8835 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could fall to its support at 0.8768 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
RSI (34) reacted off its descending resistance line which contributes to our bearish bias.
AUDUSD is testing its resistance at 0.7535 (23.6% Fibonacci retracement x2, horizontal swing high resistance) where it could potentially fall to its support at 0.7449 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reversal could occur
NZDUSD reversed off its resistance at 0.6978 (78.6% Fibonacci retracement, 100% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance) where price could potentially fall to its support at 0.6909 (horizontal swing low support). We do have to be cautious of the intermediate support at 0.6939 (50% Fibonacci retracement, horizontal overlap...
CADCHF is approaching resistance at 0.7908 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) a reversal could potentially occur, causing price to fall to its support at 0.7715 (23.6% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding reversal could occur.
GBPAUD reversed nicely off its resistance at 1.8250 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.8031 (61.8% Fibonacci extension, 76.4% Fibonacci retracement). We do have to be cautious of the intermediate support at 1.8102 (50% Fibonacci retracement, horizontal...
GBPCHF is approaching its resistance at 1.3641 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) price could potentially react off and fall to its support at 1.3447 (38.2% Fibonacci retracement, horizontal overlap support). We do have to be cautious of the intermediate support at 1.3511 (horizontal swing low support)....
ETHUSD bounced off its ascending support at 712.54 (76.5%, 61.8%, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 803.44 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) made a corresponding bounce off its support and has a...
GBPJPY reversed off its resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 147.14 (horizontal swing low support).
Stochastic (89, 5, 3) is reversed off its resistance at 96% where it has a lot of corresponding downside potential.
AUDNZD is approaching its support at 1.0669 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price could bounce and potentially rise to its resistance at 1.0750 (horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 2.7% where we expect to see a corresponding bounce.
CADCHF is testing its resistance at 0.7745 (38.2% Fibonacci retracement, horizontal overlap resistance) where if it surpasses this resistance, it could potentially rise to its next resistance at 0.78070 (horizontal swing high resistance) if broken.
Stochastic (55, 5, 3) bounced from its support at 7.7% where a corresponding rise is expected.
