Market analysis from Tickmill
EURCAD is approaching our first resistance at 1.5241 (61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and price might drop to our major support at 1.5167 (horizontal pullback support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment...
GBPCHF is approaching our first resistance at 1.2798 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2630 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and...
GBPCAD is approaching our first resistance at 1.7182 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.6951 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our...
XAUUSD is approaching our first resistance at 1208.76 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a breakout of this level might push price up to our major resistance at 1239.19 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with...
XAUUSD is approaching our first resistance at 1208 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1197 (horizontal swing low support). Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level...
NZDUSD is approaching our first support at 0.6619 (horizontal overlap support, 23.6 % Fibonacci retracement, 61.8% Fibonacci extension, breakout level) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6716 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 23.6%, 61.8% Fibonacci retracement). RSI (89)...
EURUSD is approaching our first resistance at 1.1739 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1663 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also...
AUDUSD is approaching our first support at 0.7230 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7310 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing...
EURCAD is approaching our first support at 1.5083 (horizontal swing low support, 61.8% fibonacci extension, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.5191 (61.8% fibonacci extension, 61.8% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a...
EURUSD is approaching our first support at 1.1613 (horizontal overlap support, 61.8%, 100% fibonacci extension, 61.8% fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1732 (horizontal swing high resistance, 61.8% fibonacci extension). Stochastic (21,5,3) is...
Price is testing our first resistance at 1.1270 (horizontal pullback resistance, 100% fibonacci extension, 38.2%, 50% fibonacci retracement, short term descending resistance line) where a strong drop might occur pushing price down to our major support at 1.1223 (horizontal swing low support, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching...
NZDUSD is approaching our first resistance at 0.6594 (horizontal swing high resistance, 38.2%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.6551 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we...
GBPJPY is approaching our first resistance at 148.39 (long term descending resistance line, 100% Fibonacci extension, 61.8%, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 145.59 (horizontal pullback support, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance...
AUDJPY is approaching our first resistance at 80.71 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 79.74 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also...
USDJPY is approaching our first resistance at 112.42 (100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 111.17 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below...
EURUSD is approaching our support at 1.1607 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and price might potentially rise up to our major resistance at 1.1672 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding...
USDJPY is approaching our first support at 111.75 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 112.42 (76.4% Fibonacci retracement, 100% Fibonacci extension, long term descending resistance line). RSI (89) is also seeing a bullish exit and we...
GBPCCHF is approaching our first resistance at 1.2863 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement, descending channel resistance) and a strong drop might occur below this level pushing price down to our major support at 1.2283 (61.8% Fibonacci extension, horizontal swing low support, 76.4% Fibonacci retracement)....