Market analysis from Tickmill
NZDUSD is approaching our first resistance at 0.7304 (horizontal overlap resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with our long term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 0.7230 (50% Fibonacci retracement, horizontal swing low support). A breakout...
NZDUSD is testing our first support at 0.7261 (horizontal overlap support, 61.8% Fibonacci extension, 38.2%, 61.8% Fibonacci retracement). A strong bounce might occur at this level pushing price up to our major resistance at 0.73273 (100% Fibonacci extension, horizontal overlap resistance). A breakout of our intermediate resistance level at 0.7303 (horizontal...
USDJPY is approaching our first support at 105.26 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). A breakout of this level might cause a strong reaction, pushing price down to our major support at 104.62 (horizontal swing low support, 61.8% Fibonacci extension). RSI (89) is also seeing a short squeeze and is approaching its...
AUDJPY is testing our first resistance at 81.39 (50% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension) which coincides with the long term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 80.58 (Horizontal swing low support, 61.8% Fibonacci extension). RSI (55) is...
AUDNZD is approaching our first resistance at 1.0627 (23.6%, 38.2% Fibonacci retracement, horizontal overlap resistance, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support level at 1.0516 (61.8%, 100% Fibonacci extension, Elliot wave structure). A breakout of our intermediate support at 1.0586 (horizontal...
AUDJPY is testing our first resistance at 81.86 (horizontal overlap resistance, 100% Fibonacci extension, 38.2%, 61.8% Fibonacci retracement) which coincides with the long term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 80.95 (Horizontal swing low support, 100% Fibonacci extension, 61.8%...
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 is approaching our first resistance at 105.25 (horizontal pullback resistance, 100% Fibonacci extension, 23.6%, 38.2%, 50% Fibonacci retracement). A strong reaction might occur at this level, pushing price down to our major support level at 104.65 (horizontal swing low support). Stochastic (21,5,3) is also bouncing off its major support at 5.5%, in line...
AUDNZD is approaching our first resistance at 1.0691 (38.2% Fibonacci retracement, horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our major support at 1.0637 (horizontal swing low support, 61.8% Fibonacci extension). A breakout of our intermediate support level at 1.0657 (horizontal overlap support) might provide...
GBJPY is approaching our first support at 147.90 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement, Elliot wave structure) which coincides with our short term ascending support line. A strong bounce might occur at this level, pushing price up to our major resistance at 149.30 (61.8% Fibonacci retracement, horizontal overlap...
NZDUSD is approaching our first support at 0.7260 (horizontal overlap support, 23.6% Fibonacci retracement, breakout level). A strong bounce might occur at this level, pushing price up to our major resistance at 0.7323 (100% Fibonacci extension, horizontal overlap resistance, 78.6% Fibonacci retracement). A breakout of our intermediate resistance level at 0.7279...
USDJPY is approaching our first resistance at 105.27 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 104.63 (100% Fibonacci extension, horizontal swing low support). RSI (34) is also approaching our major resistance line at 54%, in...
GBPUSD is approaching our first support at 1.4126 (horizontal overlap support, breakout level) which coincides with our short term ascending support line. A strong bounce might occur at this level, pushing price up to our major resistance level at 1.4281 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, Elliot wave structure). A breakout of our...
AUDNZD is approaching our first support at 1.0623 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 1.0691 (50% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension). A breakout of our intermediate resistance at 1.0657 (horizontal overlap...
BTCUSD is approaching our first major support at 8347.1 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, Horizontal overlap support). A strong bounce could occur at this level, pushing price up to our major resistance at 9492.3 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance). A breakout of our intermediate...
GBPJPY reacted off our first resistance at 150.0 (horizontal swing high resistance, 100% Fibonacci extension). A strong reaction might occur pushing price down to our major support at 147.92 (horizontal swing low support, 61.8% Fibonacci extension). A breakout of our intermediate support level at 148.58 (horizontal overlap support, 50% Fibonacci retracement) might...
GBPUSD is approaching our first major resistance at 1.4200 (76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support at 1.3997 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support...
AUDUSD is approaching our first major resistance at 0.7773 (38.2% Fibonacci retracement, horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our major support at 0.7678 (horizontal swing low support). Stochastic (21,5,3) has also reacted off its major resistance at 95% and we might see a corresponding drop in price....