EURAUD is approaching its resistance at 1.5925 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it ,ay reverse down to its support at 1.5856 (61.8% Fibonacci retracement)
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur.
USDJPY is approaching its support at 110.17 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 110.64 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34, 5, 3) is approaching its support at 3.3% where a corresponding bounce could occur.
AUDCHF is approaching its support at 0.7146 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7179 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 1.8% where a corresponding bounce could occur.
EURUSD is approaching its resistance at 1.1318 (100% Fibonacci extension, 78.6% Fibonacci retracement) where it may reverse down to its support at 1.1274 (61.8% Fibonacci retracement, 50% fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur
USDCAD is approaching its support at 1.3202 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3254 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.
AUDJPY is approaching its resistance at 78.24 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 78.59 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal may occur
GBPUSD is approaching its resistance at 1.3004 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 1.2893 (50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
EURGBP is approaching its resistance at 0.8854 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 0.8790 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
USDCAD is approaching its resistance at 1.3372 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.3262 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
USDJPY is approaching its support at 110.13 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 110.75 (61.8% Fibonacci retracement, horizontal swing highresistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
USDCAD is approaching its resistance at 1.3262 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.3218 (horizontal swing low support, 61.8% fibonacci retracement).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
AUDUSD is approaching its resistance at 0.7149 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 0.7085 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal may occur.
USDJPY is approaching its resistance at 111.47 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal pullback resistance) where it may reverse down to its support at 110.42 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
NZDUSD is approaching its resistance at 0.6870 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal overlap resistance) where it may reverse down to its support at 0.6793 (horizontal swing low support, 50% fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal may occur.
Using a top-down approach this morning, traders will likely acknowledge weekly movement struggled to generate much follow-through action to the upside after tunnelling above the 2018 yearly opening level at 1302.5. The yellow metal is seen hovering just north of this level which could act as potential support going forward.
The story on the daily timeframe,...
USDJPY is approaching its resistance at 111.34 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal pullback resistance) where it may reverse down to its support at 109.63 (50% Fibonacci retracement, 100% fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
XAUUSD is approaching its resistance at 1314.84 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 1308.76 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
EURAUD is approaching its support at 1.5888 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.5972 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 2.4% where a corresponding bounce could occur.
