Price is approaching our Pivot point at 104.485 which is in line with our 61.8%, 38.2% Fibonacci Retracement and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 103.796. It is worth noting that the MACD and descending trendline is showing bearish pressure in line with our analysis. Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 0.90675, which is in line with our 61.8% Fibonacci Retracement, 61.8% Fibonacci extension and horizontal graphical level. Price could potentially drop towards our 1st support level at 0.90297. It’s worth noting that the descending trendline, MACD and Ichimoku cloud are all showing bearish momentum. Trading FX & CFDs carries...
Price is bouncing from our Pivot point at 1.33133, which is in line with our 61.8% Fibonacci retracement , 61.8% Fibonacci extension and horizontal graphical overlap. We could potentially see the price rally towards our 1st resistance level at 1.33980. It’s worth noting that price is currently trending in an ascending channel and the Ichimoku cloud is showing...
Price is approaching our Pivot point at 1.19060, which is in line with our horizontal graphical overlap. We could potentially see price rise from this level towards our 1st Resistance at 1.20068. It’s worth noting the Ichimoku cloud and ascending trendline are both showing bullish momentum.
Trading FX & CFDs carries high risk.
