EUR/CAD is rising towards a strong resistance zone and could potentially reverse from this level to the downside.
EUR/CAD reacts off the resistance zone and could break into the upside.
US Dollar Index (DXY) is reacting off the support level and could rise to the upside.
EUR/USD is currently on a very strong resistance zone and could reverse from this level to the downside.
Price is rising towards a resistance zone which lines up with the 50% Fibo retracement. A rejection from this level could lead the price to fall to the downside. I'm bearish biased.
Price is falling towards the an overlap support zone which lines up perfectly with the 50% Fibonacci retracement. A bounce from this level could lead the price to rise to the upside I'm bullish biased
Price is falling towards a solid support zone which aligns with the 50% Fibo retracement and the Ichimoku cloud. A bounce from this level could lead the price to rise to our take profit. I'm bullish biased
Price is falling towards the support zone which aligns with the 61.8% Fibo retracement. A bounce from this level could lead the price to rise to the upside I'm bullish biased
Price is rising towards the an overlap resistance which aligns with the 50% fibo retracement A reversal from this level could lead the price to drop further to the downside
The current technical analysis suggests that the price has been consistently reaching higher highs, yet approaching a significant resistance level. Furthermore, the RSI indicator nearing the overbought zone implies a potential reversal, indicating a possible downward movement in the near future.
Price is falling towards a rrobust support level which aligns with the 61.8% fib retracement and the 127.2% fib projection I believe a bounce from this leve could propel the price to the upside
The price is falling towards the rising trendline support which price has been bouncing off multiple times in the past I believe a rejection from this level could lead the price to rise to the upside I'm bullishly biased.
I anticipate a potential bearish reversal as the price approaches the resistance level coinciding with the 38.2% Fibonacci retracement, suggesting a downward movement towards the support level based on my bearish bias
I'm expecting a bounce from the support level which price seemed to have been bouncing off multiple times in the past
Price is dropping towards the support zone which lines up with the 38.2% Fibonacci retracement and the moving average, making it a solid level to see the price bounce from I believe a rejection from this level could propel the price to the upside
Observing the price surge towards the overlap resistance zone, coupled with the confluence at the 78.6% Fibonacci retracement, I anticipate a potential reversal from this juncture, possibly prompting a downward trajectory
It appears that the price is falling towards the rising trendline support, a level it has consistently rebounded from in previous instances, further bolstered by the alignment with the 78.6% Fibonacci projection and the 200-day moving average. Anticipating a potential bounce from this critical level, a reversal towards the resistance level, which is a pullback...
It appears that the price is currently positioned at the lower boundary of the rising channel, coinciding with the 61.8% Fibonacci retracement and the 50-day moving average. Considering this convergence, a potential rejection from this level could pave the way for an upward movement, aiming towards the pullback resistance.