GBPJPY is approaching major support at 145.09 (Fibonacci extension, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push prices up to major resistance at 147.09 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance). Stochastic (55,5,3) is seeing major support above 2.6% where a corresponding...
XAUUSD (Gold) is testing intermediate support at 1297. A break of this could provide bearish acceleration below 1301 (Fibonacci retracement, horizontal pullback resistance, bearish ichimoku cloud) towards major support at 1288 (Fibonacci retracement, horizontal swing low support). RSI (89) has made a bearish exit signalling that a similar break could be impending...
AUDCAD is fast approaching major 1st support at 0.9783 (Fibonacci extension, Fibonacci retracement, bullish Ichimoku cloud, swing low support) where a bounce might occur pushing price all the way up to major resistance at 0.9856 (Fibonacci extension, horizontal swing high resistance). RSI (55) sees strong ascending support continue to hold prices up nicely. ...
USDCHF has been dropping nicely from our major resistance previously. Our major resistance is now moved to 0.9960 (horizontal overlap resistance, bearish Ichimoku cloud) where a further drop could occur in pushing prices down to major support at 0.9731 (Fibonacci retracement, horizontal pullback support). We are seeing intermediate support at 0.9854 too (Fibonacci...
EURJPY is seeing major support above 127.15 (Fibonacci extension, major 38.2% Fibonacci retracement, bullish divergence) and a strong bounce could occur from this level to push prices up to major resistance at 129.18 (Fibonacci retracement, horizontal pullback resistance, Fibonacci extension). Stochastic (55,5,3) is seeing major support above 4% where a...
XAUUSD dropped perfectly from our major resistance area and is fast approaching intermediate support at 1296. A break of this level could trigger a bearish acceleration downwards towards major support at 1283 (Fibonacci extension, horizontal swing low support). Our major resistance still remains at 1304 (Fibonacci retracement, horizontal overlap resistance,...
AUDUSD is fast approaching major resistance at 0.7643 (Fibonacci retracement, horizontal poullback resistance, descending resistance) and a strong reaction could occur at this level to push prices down to major support at 0.7434 (Fibonacci extension, horizontal swing low support). RSI (55) sees horizontal resistance at 55% where a corresponding reaction could...
CADJPY is seeing major resistance at 85.04 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud). If price closes above this major resistance level, that could be the start of a bullish exit that could rally all the way up to 2nd resistance at 85.82 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). RSI (55) sees...
CHFJPY bounced perfectly to reach our resistance target yesterday. We now see another potential bounce coming above 110.07 support (Fibonacci retracement, Fibonacci extension, bullish divergence, horizontal swing low support) which could push prices up to 110.75 resistance (Fibonacci retracement, horizontal swing high resistance) once again. Stochastic (55,5,3) is...
XAUUSD bounced perfectly to reach our resistance target. We now see major resistance at 1304 (Fibonacci retracement, horizontal overlap resistance, descending resistance, Fibonacci extension, ichimoku cloud) and a strong reaction could occur at this level to push prices all the way down to major support at 1284 (Fibonacci extension, horizontal swing low...
USDCAD is fast approaching major resistance at 1.2929 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this level to push prices all the way down to major support at 1.2825 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance...
USDJPY has broken major ascending support and Ichimoku cloud support triggering a strong sell off. We’ll need to wait for a bounce in order for price to be at a more attractive level. Our 1st major resistance is at 110.05 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur once again at this level to push prices down to major...
AUDUSD is dropping perfectly and we see our 1st major resistance at 0.7567 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, bearish Ichimoku cloud). Our next major support is at 0.7525 (Fibonacci extension, horizontal swing low support). Stochastic (89,5,3) I seeing major resistance below 96% where a corresponding reaction could occur. ...
AUDCAD is testing major resistance at 0.9717 (Fibonacci retracement, horizontal overlap resistance, bearish divergence) and a strong reaction could occur at this level to push prices down to major support at 0.9644 (Fibonacci retracement, horizontal pullback support). Stochastic (55,5,3) is seeing major resistance at 91% where a corresponding reaction could occur....
GBPJPY plummeted perfectly and reached our major support level. We can see that it has broken major support-turned-resistance at 147.09 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud) and a further drop could occur pushing prices all the way down to major support at 145.10 (Fibonacci extension, horizontal swing low support). RSI (55)...
GBPJPY has dropped really nicely and is now below our major support-turned-resistance line at 148.43 (Fibonacci retracement, horizontal overlap resistance). There is strong bearish momentum as we have broken out of our ascending support line and also remain below our bearish Ichimoku cloud. Our next major support is at 147.14 (Fibonacci extension, horizontal swing...
USDJPY is in a strong ascending channel and is now testing strong 1st support at 110.51 (Fibonacci retracement, Fibonacci extension, horizontal pullback support) and a strong bounce could occur at this level to push prices up towards major resistance at 111.40 (Fibonacci extension, horizontal swing high resistance)., Stochastic (34,5,3) is seeing major support...
EURUSD has started to drop strongly after breaking through our Ichimoku cloud support and also reacting nicely off 1st resistance at 1.1822 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance). We need to look for bearish opportunities on strength as with all this bearish momentum, price might drop further to major support at 1.1720 (major...