Description:
Price is reversing from our Pivot point at 104.240 which is in line with our 61.8% Fibonacci extension and 50% Fibonacci retracement and descending trendline resistance. We could potentially see price drop towards our 1st support level at 103.653, in line with 61.8% fibonacci extension and horizontal swing low support. It is worth noting that price is...
Description
Price is reacting under our Pivot point at 0.89113 which is in line with our 61.8% Fibonacci extension, 50% Fibonacci retracement and horizontal overlap resistance. We could potentially see price drop towards our 1st support level at 0.88466. It is worth noting that price is currently trending under both the Ichimoku cloud and EMA (21) which is showing...
Description:
Price is testing our Pivot point at 1.33978, which is in line with our 50%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop from this level, towards our 1st support level at 1.32333. It is worth noting that MACD is under the 0 line, showing bullish pressure in line with our...
Description:
Price is approaching our Pivot point at 1.20510, which is in line with our 50%, -27%, 127.2%, -68% Fibonacci Retracement and horizontal overlap support. We could potentially see price rise towards our 1st resistance level at 1.21908. It is worth noting that price is currently trending above the Ichimoku cloud, ascending trendline and MACD is above the...
Description:
Price is bouncing off our Pivot point of 0.70319, which is in line with 61.8% Fibonacci retracement and horizontal graphical overlap. A bounce from here could see it rise to our first resistance level of 0.70689, in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement. It is worth noting that the Ichimoku Cloud and EMA (55) are both...
Description:
Price has reversed from our Pivot point at 1.28127, which is in line with 23.8% and 38.2% Fibonacci retracement. We could potentially see price drop towards our 1st support level at 1.27295. It is worth noting that price is trending under the EMA (13) and MACD is under the 0 line, which is showing bearish pressure in line with our analysis.
Pivot:...
Description
Price is currently testing our Pivot point at 1874.30 which is in line with our 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal graphical overlap. If price breaks the pivot area, we could potentially see price rise towards our 1st resistance level at 1935.41, which is in line with 127.2% and 127.2% Fibonacci retracement. It is...
Description
Price is approaching our Pivot point of 0.74074, which is in line with our 38.2%, 61.8% Fibonacci retracement and horizontal graphical overlap, where we could see a potential bounce at this level to our first resistance level of 0.74784, in line with -27%, 127% and -27% Fibonacci retracement. It is worth noting that price is trending in the Ichimoku...
Description:
Price is approaching our Pivot point at 1.20835, which is in line with our 38.2% Fibonacci Retracement, 78.6% Fibonacci extension and horizontal overlap support. We could potentially see price rise towards our 1st resistance level at 1.21858. It is worth noting that price is currently trending above the Ichimoku cloud and MACD is above the 0 line,...
Description:
Price is testing our Pivot point at 1.34229, which is in line with our 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. We could potentially see price bounce above this level, where it could further rise towards our 1st resistance level at 1.35671. It is worth noting that price is currently trending above the...
Description
Price is reversing towards our Pivot point at 0.89504 which is in line with our 61.8% Fibonacci extension, 50% Fibonacci retracement and horizontal overlap resistance. We could potentially see price drop towards our 1st support level at 0.88855. It is worth noting that price is currently trending under both the Ichimoku cloud and EMA (21) which is...
Description:
Price is approaching our Pivot point at 104.401 which is in line with our 78.6% Fibonacci extension and 61.8% Fibonacci retracement. We could potentially see price drop towards our 1st support level at 103.832, in line with 100% fibonacci extension and horizontal swing low support. It is worth noting that the descending trendline is showing bearish...
Description
Price is approaching our Pivot point at 1865.30 which is in line with our 50% Fibonacci retracement, 88% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 1815.19, which is in line with 50% Fibonacci retracement and Horizontal graphical level. It is worth noting that the Ichimoku...
Description:
Price is currently heading towards our Pivot point at 1.28897, which is in line with 78.6% Fibonacci extension and 23.8% Fibonacci retracement. We could potentially see price drop towards our 1st support level at 1.28096. It is worth noting that the Ichimoku cloud and descending trendline are showing bearish pressure.
Pivot: 1.28897
Why we like...
Description:
Price is reversing towards the Pivot point of 0.70519, which is in line with 23.6%, 61.8% Fibonacci retracement, 38.2% Fibonacci extension and horizontal graphical overlap. A bounce from here could see it rise to our first resistance level of 0.71217, in line with 100% Fibonacci extension and -27% Fibonacci retracement. It is worth noting that the...
Description
Price is approaching our Pivot point of 0.73896, which is in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal graphical overlap, where we could see a potential bounce at this level to our first resistance level of 0.74917, in line with 78.6% and -27% Fibonacci retracement. It is worth noting that the Ichimoku cloud,...
Price is approaching our Pivot point at 104.948 which is in line with our 100% Fibonacci extension, 61.8% Fibonacci retracement and horizontal swing high resistance. We could potentially see price drop towards our 1st support level at 104.064. It is worth noting that the descending trendline is showing bearish pressure in line with our analysis, and the Stochastic...
Price is reversing towards our Pivot point at 0.89866 which is in line with our 61.8% Fibonacci extension, 61.8% Fibonacci retracement and horizontal overlap resistance. We could potentially see price drop towards our 1st support level at 0.89250. It is worth noting that the Ichimoku cloud and MACD are showing bearish pressure in line with our analysis. Trading FX...
