USDJPY reversed off its resistance at 1.09.94 (100% Fibonacci, horizontal pullback resistance) where could drop further to its support at 108.59 (50% Fibonacci retracement).
Ichimoku cloud shows signs of bearish pressure.
AUDNZD broke out of its major support at where it could potentially fall further to its support at 1.0497 (61.8% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
AUDUSD broke out of its major support at where it could potentially fall further to its support at 6.9177 (61.8% Fibonacci retracement, horizontal swing low support).
Ichimoku cloud shows signs of bearish pressure.
GBPUSD broke out of its major support at where it could potentially fall further to its support at 1.2765 (61.8% Fibonacci retracement).
Ichimoku cloud shows signs of bearish pressure.
AUDUSD broke out of its major support at where it could potentially fall further to its support at 0.6866 (100% Fibonacci extension, 76.4% Fibonacci retracement).
Ichimoku cloud shows signs of bearish pressure.
EURUSD is approaching its support at 1.1182 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1242 (76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.9% where a corresponding bounce could occur.
AUDUSD broke out of its major support at where it could potentially fall further to its support at 0.6916 (100% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
NZDUSD broke out of its major support at where it could potentially fall further to its support at 0.6465 (61.8% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
AUDCAD is approaching its support at 0.9318 (100% & 61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9385 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
USDCAD reversed off its resistance at 1.3494 (100% Fibonacci, 78.6% Fibonacci retracement, horizontal swing high resistance) where it rise to test again before dropping further to its support at 1.3449 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off near its resistance at 93% where a corresponding drop could occur.
AUDJPY is approaching its support at 1.0544 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.0610 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.04% where a corresponding bounce could occur.
AUDUSD is approaching its resistance at 0.6968 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 0.6968 (100% & 61.8% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
XAUUSD is approaching its resistance at 1310.32 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1288.98 (50% Fibonacci retracement, Horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
EURAUD is approaching its resistance at 1.6121 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1.6005 (Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
AUDUSD is approaching its support at 0.6968 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7006 (76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.51% where a corresponding bounce could occur.
USDCHF broke out of its major support at where it could potentially fall further to its support at 1.0074 (100% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
NZDUSD broke out of its major support at where it could potentially fall further to its support at 0.6465 (61.8% Fibonacci extension).
Ichimoku cloud shows signs of bearish pressure.
USD/CHF:
Mounting US/China trade tensions underpinned the Swiss franc’s safe-haven demand Thursday, exerting downward pressure on the USD/CHF.
Technically, the H4 candles elbowed their way through the lower edge of an ascending channel formation (1.0126/1.0203), and tested a session low of 1.0123. Although short-term traders likely have their crosshairs fixed...
