NZDUSD is approaching from sell entry, in line with 50% Fibonacci retracement and 38.2% Fibonacci extension. Prices are expected to fall to take profit, in line with 127.2% Fibonacci retracement and 50% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 78.6% Fibonacci retracement. Indicators are showing bearish pressure.
Any...
GBPUSD pushed higher and is currently trading sideways, testing key -61.8% Fibonacci retracement level. A short-term pullback towards our take profit and graphical overlap support at 1.38325 could be possible. We also have short-term 50% Fibonacci retracement on our take profit level as well. Stochastic is testing resistance where price dropped in the past...
AUDUSD is currently within a triangle consolidation pattern. A breakout below 78.6% Fibonacci retracement and recent graphical swing low at 0.73480 towards long-term support and 161.8% Fibonacci extension zone at 0.72897 could be possible. RSI indicator is also reacting below descending trendline resistance where we see price-making pullbacks in the past.
Any...
GBPCHF is reversing from sell entry, in line with 127.2% Fibonacci retracement and 38.2% Fibonacci extension. Prices are expected to fall to take profit, in line with 50% Fibonacci retracement and 38.2% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci extension. Indicators are showing bearish reversal.
Any opinions,...
EURUSD is reacting above buy entry, in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension. Prices are expected to rise to take profit, in line with78.6% Fibonacci extension. Alternatively, prices may fall to stop loss, in line with 161.8% Fibonacci extension. Indicators are showing bullish pressure.
Any opinions, news, research, analyses, prices,...
Appears that price is likely to take support and bounce up from the 80.689 level which is in line with the 50% Fibonacci retracement, 127.2% Fibonacci retracement as well as the horizontal overlap resistance. Price is expected to rise until the horizontal swing high at 81.516 which is also in line with the 100% Fibonacci extension level. Our bullish bias is...
NZDJPY is approaching the sell entry at the 76.516 level in line with the horizontal overlap resistance, 38.2% Fibonacci retracement, and the 100% Fibonacci extension level. We can expect the price to take support at the 75.768 level in line with the 78.6% Fibonacci extension and 78.6% Fibonacci retracement level. Our bearish bias is further supported by how price...
FXCM's BIOTECH basket is in the bullish area on the daily chart on the left. The basket is made up of equal weighting of 2% each in ABBV, AMGN, GILD, CELG and VRTX. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a...
Price is approaching pivot, in-line with 50% Fibonacci Retracement and ascending trendline where we could potentially see the price swing towards resistance at 1.18334, in-line with 38.2% Fibonacci Retracement and 100% Fibonacci Extension. If the price drops from here, it will swing towards resistance at 1.17575, in line with 78.6% Fibonacci Retracement and 78.6%...
Price currently approaching the horizontal overlap support which is in line with the 50% Fibonacci retracement as well at the 38.2% Fibonacci extension. Should price break that level, we can expect it to plunge further to take support at the 79.819 level which is in line with the horizontal swing low support and the 78.6% Fibonacci extension level. Our bearish...
Price broke down below the triangle pattern where we could potentially see the price swing towards support at 1,782.69, in line with 61.8% Fibonacci Retracement and 127.2% Fibonacci Extension. If the price bounce from here, it will swing towards resistance at 1,811.96, in line with 50% Fibonacci Retracement and 78.6% Fibonacci Extension.
Any opinions, news,...
NZDUSD is reacting below sell entry, in line with descending trendline resistance, horizontal swing high resistance, 127.2% Fibonacci retracement, and 50% Fibonacci extension. Prices are expected to fall to horizontal swing low support, in line with 78.6% Fibonacci extension. Stochastic is approaching hidden resistance at 92.28.
Any opinions, news, research,...
NZDUSD is reacting below sell entry, in line with descending trendline resistance, horizontal swing high resistance, and 50% Fibonacci extension. Prices are expected to fall to horizontal swing low support, in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. Stochastic is approaching hidden resistance at 91.31.
Any opinions, news, research,...
Price is currently testing the weak H1 horizontal overlap support which is in line with the 38.2% Fibonacci retracement and 38.2% Fibonacci extension. Should price break this level, we can expect price to drop and take support at 76.516 which is in line with the 100% Fibonacci extension. 38.2% Fibonacci retracement as well as the horizontal swing low support. Our...
USDCHF holding below a descending trendline resistance and is currently at the horizontal overlap resistance which coincides with the 23.6% Fibonacci retracement. We can expect the price to reverse off this level and take support at 0.91196 which is in line with the horizontal swing low support and 0.786% Fibonacci extension level. Our bearish bias is further...
Price currently testing horizontal overlap support at 1.25363 which is also in line with the 50% retracement and 161.8% Fibonacci extension. We can expect the price to rise to our take profit at 1.27828 which is in line with our horizontal swing high and the 127.2% Fibonacci extension level. Our bullish bias is further supported by how the Stochastic indicator is...
Google is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic is above 80 level and maintenance here (blue arrow) increases the chance of a successful trade. However, the RSI is overbought (blue shaded area) and a pullback may give a better...
AAPL is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and align short-term traders with the daily. If the stochastic maintains the upper levels above 80 (blue arrow), there is a probability of a bullish momentum push. Trend following indicators may be useful in this case as a potential exit tool. Stop under...
