XAGUSD is reversing nicely below major resistance at 16.80 (Fibonacci retracement, horizontal resistance area, Fibonacci extension) and a strong drop could occur from here pushing price down to 16.58 support (Fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is seeing strong resistance at 92% where a corresponding reaction could...
NZDUSD has broken major resistance and has the potential to rise much further above major support at 0.7273 (Fibonacci retracement, horizontal overlap support, double bottom reversal) towards 0.7341 (Fibonacci retracement, horizontal swing high resistance).
RSI (55) has broken above our 52% line and also sees ascending support hold it up nicely.
Trading CFDs on...
AUDUSD has started to bounce above strong support at 0.7784 (Fibonacci retracement, horizontal overlap support) and a further rise could occur at this level to push price up to 0.7827 resistance (Fibonacci retracement, horizontal overlap resistance) before 0.7889 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing...
XRPUSD is approaching major support at 0.8726 (Fibonacci extension, horizontal swing low support, pullback support, bullish divergence) and a strong bounce could occur at this level to push price up towards 0.9402 resistance before 0.9747 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above 4.2% and...
GBPUSD is back to test our strong resistance at 1.3873 (Fibonacci retracement, horizontal pullback resistance) and a strong reaction could occur at this level to push prices down to 1.3632 support (Fibonacci retracement, horizontal pullback support). It’s nice to see that we have a strong descending resistance line that is adding to our bearish momentum.
RSI (34)...
EURUSD is back to test our major resistance at 1.2363 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this level to push price down to 1.2165 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is reacting really nicely off our major resistance at...
Bund is back on major support at 159.26 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price up to at least 160.65 resistance (Fibonacci retracement, horizontal pullback resistance).
RSI (34) is also making a nice pullback to previous resistance-turned-support line.
Trading CFDs on margin carries high...
AUDUSD is testing strong resistance at 0.7784 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong reaction could occur at this level to push price down to 0.7713 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance from 92-98% where a corresponding reaction could...
USDCAD is now testing major resistance at 1.2910 (Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to push price all the way down to 1.2628 support (Fibonacci retracement, horizontal overlap support, Fibonacci extension).
Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction...
EURUSD is testing major resistance at 1.2363 (Fibonacci retracement, horizontal swing high resistance, bearish divergence, Fibonacci extension) and a strong reaction could occur at this level to push price all the way down to major support at 1.2165 (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 95% where a...
XRPUSD has reacted nicely off our major resistance at 1.0314 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could push price further down to 0.9558 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) is seeing a nice reaction off our major resistance at 89% and has good downside potential for the...
NZDJPY is approaching major support at 76.08 (Fibonacci extension, horizontal swing low support, Elliott wave structure) and a potential bounce could occur at this level to drive price up to 77.66 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).
Stochastic (34,5,3) is seeing major support at 1.7% where a corresponding bounce...
Bitcoin is seeing major resistance at 11694 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance) which needs to be broken to open a potential rise to 12985 resistance (Fibonacci retracement, horizontal overlap resistance). It’s important to note that we’ve seen a bullish exit of our long term descending resistance-turned-support line too...
USDCHF has dropped strongly and reached our forecasted support. We’re now seeing major support above 0.9408 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level to push price up to 0.9465 resistance (swing high resistance, Fibonacci extension).
Stochastic (34,5,3) is seeing major support at 5.6%...
LTCUSD has made a bearish exit signaling that we could be seeing a change in momentum from bullish to bearish. We’re seeing 1st major resistance at 215.03 (Fibonacci retracement, horizontal overlap resistance, breakout level) and a strong drop from here could drive price down to 188.20 support (Fibonacci extension, horizontal swing low support).
Stochastic...
NZDUSD has shot up perfectly to our forecasted resistance. We’re now seeing major resistance at 0.7273 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this price to drive price all the way down to major support at 0.7185 (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance...
EURGBP is now testing major resistance at 0.8911 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) and a strong drop could occur from this level to push price down to 0.8747 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where a corresponding...
USDCAD is rising strongly and approaching major resistance at 1.2910 (Multiple Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to push price down all the way to 1.2628 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding...
