Market analysis from easyMarkets
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...
LTCUSD is approaching our first resistance at 62 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 53.64 (horizontal swing low support, 78.6% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a...
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...
EURAUD is approaching our first resistance at 1.6243 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.5706 (horizontal overlap support, 78.6%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and...
XAUUSD is approaching our first resistance at 1211.01 (horizontal overlap resistance, 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 1191.66 (horizontal swing low support, 78.6%, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also...
XRPUSD is approaching our first support at 0.3131 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.3495 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching...
ETHUSD is approaching our support at 284 (horizontal overlap support, 61.8% Fibonacci extension, short term ascending support line) and a breakout might occur below this level pushing price down to our major support at 277 (horizontal swing low support, 100%, 61.8% Fibonacci extension, , 61.8% Fibonacci extension). RSI (89) is seeing a bearish exit and we might...
EURCAD is approaching our first resistance at 1.5320 (horizontal overlap resistance, 61.8%, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.5201 (horizontal overlap support, 23.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and a...
CADJPY is approaching our first support at 84.22 (horizontal swing low support, 50%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 85.91 (horizontal pullback resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement)....
BTCUSD is approaching our first resistance at 7498 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, ascending channel upper resistance) and a strong drop might occur below this level pushing price down to our major support at 6833 (horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension, ascending channel support). Stochastic...
XRPUSD is approaching our support at 0.3349 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 0.3499 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement)....
AUDCAD is approaching our first resistance at 0.9472 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement, short term descending resistance line) where a strong drop might occur below this level pushing price down to our major support at 0.9329 (horizontal swing low support, 100% Fibonacci extension). Stochastic (21,5,3) is also...
AUDUSD is approaching our first resistance at 0.7218 (horizontal overlap 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 0.7136 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure). Ichimoku cloud is...
LTCUSD is approaching our support at 63.38 (horizontal pullback support, 61.8%, 100% Fibonacci extension, 38.2%, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 71.61 (horizontal pullback resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). RSI (55) is approaching support...
BTCUSD is approaching our first resistance at 7498 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, ascending channel upper resistance) and a strong drop might occur below this level pushing price down to our major support at 6833 (horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension, ascending channel support). Stochastic...