Market analysis from easyMarkets
CHFJPY is approaching our first support at 113.95 (horizontal swing low support) and a breakout below this level might push price down to our major support at 112.12 (horizontal pullback support, long term ascending support line, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our...
XRPUSD is approaching our first support at 0.4548 (horizontal swing low support, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6098 (horizontal swing high resistance, 50% Fibonacci retracement). RSI (34) is also approaching support and we might see a corresponding bounce in price should...
BTCUSD is approaching our first resistance at 6809 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 5890 (horizontal swing low support, 61.8% Fibonacci extension). RSI (34) is also approaching resistance and we might see a corresponding...
CADJPY is approaching our first resistance at 89.45 (horizontal swing high resistance, 78.6% Fibonacci retracement, ascending channel resistance, 100% Fibonacci extension) and a strong drop might occur below this level, pushing price down to our major support at 86.45 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic...
EURGBP is approaching our first support at 0.8724 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8855 (horizontal pullback resistance, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also...
XRPUSD is approaching our first resistance at 0.6153 (horizontal swing high resistance, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4592 (horizontal swing low support, 61.8% Fibonacci retracement). RSI (34) is also approaching resistance and ichmoku cloud is also showing signs of bearish...
LTCUSD is approaching our first support at 56.70 (horizontal swing low support, ascending channel support, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 67.37 (100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a...
EURGBP is approaching resistance at 0.8854 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.8734 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). Trading CFDs on margin carries high risk. Losses can exceed the initial...
XAUUSD is approaching our first support at 1193.85 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1200.25 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching support and we...
ETHUSD is approaching our first support at 207.15 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 235.68 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see...
LTCUSD is approaching our first support at 56.70 (horizontal swing low support, ascending channel support, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 67.37 (100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a...
CADJPY is approaching resistance at 89.30 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 87.49 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching resistance and we might see a...
NZDJPY is approaching our first resistance at 74.73 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support target at 73.896 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs...
XRPUSD is approaching our first resistance at 0.6106 (horizontal swing high resistance, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4592 (horizontal swing low support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI...
BTCUSD is approaching our first resistance at 6838 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 5890 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a...
USDCHF is approaching our first resistance at 0.9868 (horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9742 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we...
AUDUSD is approaching our first resistance at 0.7202 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7135 (horizontal pullback support, 78.6% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with...
ETHUSD is approaching our first support at 222 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 239 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (34,5,3) is also approaching support and we might see a...