AUDUSD is testing major resistance at 0.7934 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 0.7890 support (Fibonacci extension, horizontal overlap support).
Stochastic (21,5,3) is seeing major resistance at 93% where a corresponding reaction could occur.
Trading CFDs on margin carries...
Silver has been rising strong and is now testing major 50% resistance at 16.91 (Fibonacci retracement, Elliott wave structure, horizontal swing high resistance) and a strong reaction could occur at this level to push price all the way down to 16.48 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance at 95%...
Litecoin has shot up perfectly as forecasted and hit our major resistance level before slowing down. Another rise could occur above 214.38 support (Fibonacci retracement, horizontal overlap resistance) to push price up further to 264.42 resistance (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension).
RSI (34) is clearly above our major...
Bitcoin has shot up and reached our major resistance level at 9848 (near 10,000 psychological level, Fibonacci retracement, horizontal overlap resistance) and a strong reversal could occur at this level to push price down to 7938 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 92% where a...
CADCHF is now testing our long term channel resistance once again and a further drop could occur from this level as it has respected the channel so well so far. Our 1st resistance is at 0.7438 (Fibonacci retracement, horizontal overlap resistance) and our next support is all the way down at 0.7368 (Fibonacci extension).
Trading CFDs on margin carries high risk....
Litecoin is testing major resistance at 172.58 and a break above this level could trigger a move all the way u p to 213.62 (Fibonacci retracement, horizontal overlap resistance). We do have to be careful about strong intermediate resistance at 196.16. We can see a bit of a squeeze happening too with our ascending support line pushing price up steadily against the...
Bitcoin has made a bullish exit from our long term descending resistance-turned-support line which is a strong signal that a rise could occur from here. Our first major support is at 8587 (breakout level) and our next major resistance is at 9848 (Fibonacci retracement, horizontal pullback resistance).
Trading CFDs on margin carries high risk.
Losses can exceed...
EURGBP is now testing major resistance at 0.8911 (38.2% Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push price down to at least 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is seeing major resistance at 95% where a corresponding...
AUDUSD continues to rise nicely after breaking out of our major resistance-turned-support level at 0.7844. A further rise could occur pushing price all the way up to 0.7902 resistance (Fibonacci retracement, horizontal overlap resistance). Our 1st major support would be 0.7844 (Fibonacci retracement, horizontal overlap support) with our next support at...
Silver is now testing major resistance at 16.56 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, Elliott wave corrective structure) and a strong reaction could occur at this level to push price all the way down to 16.19 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 95%...
EURCHF is approaching major resistance at 1.1560 (Fibonacci retracement, horizontal pullback resistance, descending resistance) and a strong reaction could occur at this level to push price down towards 1.1455 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 96% where a corresponding reaction could...
EURAUD has finally broken our major support-turned-resistance line at 1.5639 (Fibonacci retracement, horizontal overlap resistance) and a strong drop could occur from here that could push price all the way down to 1.5494 (Fibonacci retracement, horizontal pullback support).
RSI (89) is still holding well above our ascending support line and only a break of this...
AUDUSD has broken out of our major resistance shooting up strongly. A further rise could occur pushing price all the way up to 0.7902 resistance (Fibonacci retracement, horizontal overlap resistance). Our 1st major support would be 0.7844 (Fibonacci retracement, horizontal overlap support) with our next support at 0.7818.
RSI (89) has made a bullish exit from...
NZDUSD has bounced up perfectly from our 1st support and reached our major resistance from Friday. We’re now seeing major resistance at 0.7276 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong drop could occur from this level to push price down to at least 0.7186 support (Fibonacci extension, horizontal swing low...
Bitcoin is testing major resistance at 8587 (Fibonacci retracement, horizontal overlap resistance, descending resistance) and a drop from this level could occur pushing price down to 6064 support (Fibonacci extension, horizontal swing low support). Our next level of resistance is at 9876 (Fibonacci retracement, horizontal pullback resistance).
Trading CFDs on...
EURUSD is making a strong pullback to our double top reversal resistance. Such setups usually occur where there are players pushing price up to get in on the good level. Our 1st level of resistance is at 1.2333 (Fibonacci retracement, horizontal overlap resistance, double top breakout level) and our major support is at 1.2083 (Fibonacci retracement, horizontal...
AUDUSD is testing major resistance at 0.7844 (23.6% Fibonacci retracement, horizontal overlap resistance, channel exit potential) and only a clean break above 0.7844 resistance could potentially open a move up to 0.7902 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (89) has made a bullish exit from our long term descending...
NZDUSD is testing major support at 0.7185 (Fibonacci retracement, horizontal overlap support, Elliott wave structure) and a strong bounce could occur at this level to drive price up to at least 0.7276 resistance (Fibonacci retracement, horizontal pullback resistance).
Stochastic (34,5,3) is seeing major support above 5.4% where a corresponding bounce could...
