USDCHF is testing our first resistance at 0.9599 (horizontal overlap resistance) and a strong reaction might occur below this level, pushing price down to our major support at 0.9525 (horizontal swing low support). A breakout below our intermediate support at 0.9566 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement) might provide the bearish...
AUDJPY is approaching our first resistance at 82.59 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction could occur at this level pushing price down to our major support at 81.94 (horizontal overlap support, 38.2% Fibonacci retracement). A breakout below our short term ascending support line might provide the bearish acceleration...
Price is approaching our first support at 0.7248 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.7294 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our major support which...
AUDUSD is approaching our first support at 0.76555 (horizontal swing low support, 61.8% Fibonacci retracement, short term ascending support line). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7726 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension).
RSI (89) is bouncing...
CADCHF is approaching our first resistance at 0.7562 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 0.7429 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also seeing a bearish...
EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal swing low support).
RSI (89) is also approaching our descending resistance line and a reaction of this level might be a good precursor of a potential drop in price.
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GBPUSD reacted off our resistance at 1.4096 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance). A strong reaction might occur at this level, pushing price down to our major support at 1.4013 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension,).
RSI (55) is also facing bearish pressure from its...
XAUUSD has reacted off its resistance at 1341.91 (horizontal overlap resistance, 61.8% Fibonacci retracement, price action). A strong reaction might occur at this level pushing price down to our major support at 1328.43 (horizontal pullback support, 76.4% Fibonacci retracement).
Stochastic (21,5,3) is also reacting off its major resistance at 97%, a good...
AUDNZD is approaching our first resistance at 1.0636 (horizontal overlap resistance, 50% Fibonacci retracement) which coincides with the short term descending resistance line. A strong reaction might occur at this level, pushing price down to our major support at 1.0556 (horizontal swing low support). A breakout of our intermediate support at 1.0596 (horizontal...
USDJPY is approaching our first support at 105.82 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 107.02 (horizontal swing high resistance, 23.6% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our support at 5%, in line with...
USDJPY broke out of its horizontal resistance-turned-support level at 105.60 (horizontal overlap support, breakout level). A strong bounce could occur at this level pushing price up to our major resistance at 106.67 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with the long term descending resistance...
USDJPY broke out of its horizontal resistance-turned-support level at 105.60 (horizontal overlap support, breakout level). A strong bounce could occur at this level pushing price up to our major resistance at 106.67 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with the long term descending resistance...
Price is testing our first support at 1328.73 (horizontal overlap support, 76.4% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might occur above this level to push price up to our major resistance at 1340.80 (61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching our...
EURJPY is testing our first resistance at 131.35 (horizontal swing high resistance, short term descending resistance line, 78.6% Fibonacci retracement). A strong reaction might occur at this level, pushing price down to our major support at 130.52 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,5,3)...
Price is approaching our first resistance at 107.12 (61.8%, 100% Fibonacci extension, horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 106.16 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic (21,5,3) is approaching our major resistance...
AUDJPY is approaching our first resistance at 82.50 (horizontal overlap resistance, 50% Fibonacci retracement). A breakout above this level might cause a strong rally up to our second resistance at 83.56 (horizontal pullback resistance, 76.4% Fibonacci retracement). Price also broke the long term descending resistance-turned-support line and we are also seeing a...
CHFAUD is approaching our first support at 1.3510 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong bounce might occur at this level, pushing price up to our major resistance at 1.368 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also...
DXY broke out of our descending resistance. A strong rally might occur at 90.08, pushing price up to our major resistance at 90.46 (horizontal swing high resistance, 76.4% Fibonacci retracement 100% Fibonacci extension).
RSI (89) is also facing bearish pressure from our major descending resistance line and a breakout of this level might be a good precursor of a...
