GBPAUD is approaching our first resistance at 1.8508 (horizontal swing high resistance, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.8376 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our long term ascending support line....
AUDJPY broke out of our ascending channel and reacted off our first resistance at 83.27 (horizontal overlap resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 82.68 (horizontal overlap support). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish bias....
USDCHF is testing our first support at 0.9578 (horizontal overlap support) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.9667 (horizontal swing high resistance, 61.8% Fibonacci extension).
RSI (55) has also bounced off its major support which might be a good precursor for a potential rise in price.
Trading...
CHFAUD is approaching our first support at 1.3304 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3601 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching our major support and is...
AUDJPY is testing our first support at 83.32 (horizontal overlap support, 23.6%, 61.8% Fibonacci retracement, 100% Fibonacci extension, support of ascending channel). A strong bounce might occur above this level, pushing price up to our major resistance at 84.08 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension). Ichimoku cloud is also showing...
EURUAUD is testing our first resistance at 1.5897 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) which coincides with our short term descending support line. A strong reaction might occur below this level, pushing price down to our major support at 1.5787 (horizontal overlap support, 76.4% Fibonacci retracement,...
CHFAUD is approaching our first support at 1.3312 (horizontal overlap support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3480 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our major support and a bounce...
Price broke out of our long term descending overlap support line and is approaching our first support at 0.7760 (horizontal swing low support). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7812 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is also showing...
EURJPY is approaching our first resistance at 133.04 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 130.02 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout below our intermediate support level at 131.78...
Price reacted off our first resistance at 107.49 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 107.05 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also...
Price is approaching our first support at 1.230 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur, pushing price up to our major resistance at 1.2421 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). A breakout above our intermediate resistance at 1.2378...
NZDUSD is testing our first resistance at 0.7375 (horizontal overlap resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 0.7248 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending...
AUDUSD is testing our first resistance at 0.7774 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.7650 (horizontal swing low support).
Stochastic (89,5,3) is also approaching our major resistance and is a good precursor for a...
USDJPY is approaching our first support at 106.655 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 107.13 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
RSI (55) is also approaching our ascending...
EURUSD is approaching our first resistance at 1.2378 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.2301 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also seeing a...
EURJPY is approaching our first resistance at 132.80 (100% Fibonacci extension, Elliot wave structure). A strong drop might occur at this level, pushing price down to our major support at 131.62 (horizontal overlap support, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is approaching our major resistance and we might see a corresponding drop in price should...
Price is approaching our first support at 89.57 (horizontal overlap support, 61.8%, 76.4% Fibonacci retracement). A strong bounce might occur at this level, pushing price up to our major resistance at 90.32 (horizontal overlap resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension). A breakout of our intermediate resistance at 90.06 (horizontal pullback...
Price is reacting off our first resistance at 0.7781 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension, long term descending resistance line) and might be pushed down to our major support at 0.7722 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,5,3) is also reacting off our...
