Market analysis from easyMarkets
BTCUSD is approaching our first support at 3802 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 4185 (horizontal overlap resistance, 100% fibonacci extension , 76.4% fibonacci retracement ). RSI (21) is also approaching our support where we might see a corresponding bounce in...
XRPUSD bounced off support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ). Stochastic (34, 5, 3) bounced off our support where we might see a further rise in price....
XAUUSD is approaching our first resistance at 1288.99 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1266.85 (horizontal pullback support, 23.6% fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we...
XAGUSD is approaching our first resistance at 15.6584 (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 14.9941 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci extension). Stochastic (55,5,3) is also approaching...
ETHUSD bounced off support at 117.2 (horizontal swing low support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 161.8 (horizontal swing high resistance, 61.8% fibonacci extension , 50% fibonacci retracement ). RSI (55) bounced off our support where we might see a further rise...
LTCUSD is approaching our first support at 27.66 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 33.18 (horizontal swing high resistance, 61.8% fibonacci retracement). RSI (21) is also approaching our support where we might see a...
BTCUSD is approaching our first support at 3667 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 4096 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement). RSI (34) is also approaching our support where we might...
XAGUSD is approaching our first support at 15.00 (horizontal pullback support, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 15.62 (horizontal swing high resistance, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. RSI...
GBPUSD is approaching our first support at 1.2643 (ascending channel’s support, 38.2% Fibonacci retracement, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.2740 (horizontal swing high resistance, 100% Fibonacci extension). RSI (21) is also approaching our support where we might see a...
BTCUSD is approaching our first support at 3665 (horizontal overlap support, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 3933 (horizontal swing high resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also approaching...
LTCUSD is approaching our first support at 27.67 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 32.01 (horizontal overlap resistance, 50% fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a...
USDJPY is approaching our first resistance at 111.38 (horizontal pullback resistance, 61.8% fiboancci extension, 23.6% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 109.75 (horizontal pullback support, 100% fiboancci extension). Stochastic (21,5,3) is also approaching resistance and we might see...
AUDJPY is approaching our first resistance at 78.94 (horizontal pullback resistance, 23.6% fibonacci retracement, 61.8%, 100% fibonacci extension, Elliot wave structure) and a strong drop might occur below this level pushing price down to our major support at 75.81 (100% fibonacci extension, elliot wave structure). RSI (55) is seeing a bearish exit and might see...
XRPUSD is approaching our first resistance at 0.4619 (horizontal overlap resistance, 61.8% fibonacci extension, 50%, 38.2% fibonacci retarcement) and we might see a strong drop in price below this level to our major support at 0.3744 (horizontal swing low support, 100% fibonacci extension, 50% fibonacci retracement). Stochastic (21,5,3) is also approaching our...
LTCUSD is approaching our first support at 27.67 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 32.01 (horizontal overlap resistance, 50% fibonacci retracement). Stochastic (34,5,3) is also approaching support where we might see a...
USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fiboancci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 100% fiboancci extesnion, 38.2% fibonacci retracement). Stochastic (89,5,3) is also...
XAGUSD is approaching our first resistance at 15.16 (horizontal pullback resistance, 38.2% fibonacci retracement, 100% fibonacci extension, Elliot wave structure) and a strong drop might occur below this level pushing price down to our major support at 14.69 (38.2% fibonacci retracement, 100% fibonacci extension). Stochastic (89,5,3) is also approaching...