Market analysis from easyMarkets
AUDJPY is approaching our first resistance at 80.64 (horizontal overlap resistance, 38.2%, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension, bearish channel resistance) and a strong drop might occur below this level pushing price down to our major support at 78.37 (bearish channel support, 100% Fibonacci extension, 76.4% Fibonacci retracement)....
NZDCAD is approaching our first resistance at 0.8562 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8422 (61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89)...
LTCUSD is approaching our first resistance at 52.17 (horizontal pullback resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 49.16 (horizontal swing low support, 100%, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line...
XRPUSD is approaching our support at 0.2518 (horizontal swing low support, 100%, 61.8% Fibonacci extension) and a strong bounce might occur pushing price up to our major resistance at 0.2900 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish...
EURCAD is approaching our first resistance at 1.5193 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.5017 (horizontal overlap support, 161.8% Fibonacci extension, 61.8% Fibonacci retracement). RSI (89) is also seeing a bearish exit...
USDCAD is approaching our first resistance at 1.3104 (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 at 1.3019 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement). RSI (89) is also seeing a bearish exit and...
BTCUSD is approaching our first support at 5791 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6804 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where a bounce off...
XRPUSD is approaching our first resistance at 0.27613 (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 at 0.2539 (horizontal swing low support, 100% Fibonacci extension). Stochastic (21,5,3) is also approaching resistance where we might...
EURGBP is approaching our first support at 0.8890 (horizontal overlap support, long term ascending support line, 100%, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8955 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also...
CADJPY is approaching our first support at 83.83 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 85.51 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also bouncing off our support where we might see...
BTCUSD is approaching our first support at 5791 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6804 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where a bounce off...
LTCUSD is approaching our first resistance at 58.52 (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 at 49.20 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching resistance where we might see...
EURCAD broke out of our ascending support line and is approaching our first support at 1.5195 (horizontal overlap support) and a strong drop might occur below this level pushing price down to our major support at 1.4991 (horizontal swing overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also reacting off resistance...
USDCAD is approaching our first resistance at 1.3384 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2903 (horizontal overlap support, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also...
BTCUSD is approaching our first resistance at 6840 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6225 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). RSI (34) is also seeing a bearish exit and...
XRPUSD is approaching our first resistance at 0.3113 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.2743 (horizontal swing low support, 78.6% Fibonacci retracement). RSI (89) is also approaching resistance where we might see a...
CADCHF is approaching our first resistance at 0.7401 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7251 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish...
NZDUSD is approaching our first resistance at 0.6631 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.6539 (horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop...