EURUSD reversing from recent highs. With price holding below our entry at 1.18751, where we have graphical overlap resistance and 38.2% Fibonacci retracement , a short term drop towards our target at 1.18306 where we have 61.8% FIbonacci retracement , ascending trendline support and graphical overlap support could be possible. Stochastics is also approaching...
Price is consolidating under 161.8% Fibonacci Extension resistance. If the price action can close above this level, we could potentially see XAGUSD swing towards resistance at 26. 05 , in-line with 50% Fibonacci Retracement and 200% Fibonacci Extension . If the price action is not able to close above 25.66, we could potentially see the price drop to support at...
Price is at strong support area , in-line with 78.6% Fibonacci Extension and ascending trendline support where we could potentially see it bounce to 0.74298, in-line with 50% Fibonacci Retracement and 100% Fibonacci Extension . If price drop from pivot ,it would potentially swing towards support at 0.73116, in-line with 78.6% Fibonacci Retracement and 127.2%...
Price IS approaching pivot in line with the horizontal swing low support and the 61.8 % Fibonacci extension level. Should price break this level, we can expect price to plunge further to take support at the 100% Fibonacci extension and the 161.8% Fibonacci retracement . Our bearish bias is further supported by how price is holding below the EMA .
Any opinions,...
GBPUSD reacting below sell entry, in line with 61.8% Fibonacci retracement and extension. Prices may fall to take profit, in line with 161.8% Fibonacci retracement. Alternatively, prices may rally up to stop loss, in line with 100% Fibonacci extension. Indicator showing bearish reversal.
Any opinions, news, research, analyses, prices, other information, or links...
USDCAD reacting below sell entry, in line with 38.2% Fibonacci retracement and 100% Fibonacci extension, and are likely to fall to take profit, in line with 100% Fibonacci extension. Alternatively, prices may rally up to stop loss, in line with 100
% Fibonacci extension.
Any opinions, news, research, analyses, prices, other information, or links to third-party...
Price currently approaching the sell entry at 1808.590 which is in one with the horizontal overlap support, 61.8% Fibonacci retracement, and the 61.8% Fibonacci extension. Should price cross this level, we can expect a plunge towards the take profit at the horizontal overlap support in line with the 50% Fibonacci retracement and the 100% Fibonacci support. Our...
The above chart shows the daily timeframe for XAUUSD. We note that price has moved into a bullish area (zone 1). The Bollinger’s have also narrowed which may suggest that volatility is due to increase (blue rectangle). Moreover, the RSI has moved above 50 (red rectangle), which is the bullish area of the oscillator and the stochastic has tuned positive (green...
CADJPY is currently pushing higher. With technical indicators showing room for further bullish momentum, a further push up above our entry at 87.930 where we have moving average support and also 23.6% Fibonacci retracement could be possible. Upside target would be at 88.445 where we have Fibonacci confluence zone with -27.2% Fibonacci retracement and 61.8%...
GBPUSD is currently holding above ascending trendline support. A further push up above our entry at 1.39490, where we have 23.6% Fibonacci retracement towards our take profit at 1.40202 where we have -27.2% Fibonacci retracement could be possible. Technical indicators are showing room for further bullish momentum as well
Any opinions, news, research, analyses,...
Price is pulling back to 1.18614, in-line with 23.6% Fibonacci Retracement , 61.8% Fibonacci Extension and 200MA. We could potentially see it bounce to further upside to resistance at 1.19324, in-line with -27.2% and 78.6% Fibonacci Retracement . If prices drop, it will find support at 1.17723, in-line with 78.6% Fibonacci Retracement and 61.8% Fibonacci Extension...
NZDUSD reversing from sell entry, in line with 100% Fibonacci resistance, and is likely to fall to take profit, in line with 100% Fibonacci extension . Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci retracement . Stochastic approaching hidden resistance.
Any opinions, news, research, analyses, prices, other information, or links to...
NZDJPY is approaching sell entry at 76.516 which is in line with horizontal pullback support, 38.2% Fibonacci retracement and 61.8% Fibonacci extension . Should price break this level, we can expect price to plunge further and take support at the horizontal swing low support at 75.7680 in line with 78.6% FIbonacci retracement and 100% Fibonacci extension . Our...
Price is testing the horizontal overlap resistance at 109.559 which coincides with the 61.8% Fibonacci retracement and the 100% FIbonacci extension . We can expect price to reverse off this region to take support at the horizontal swing low level in line with our 161.8% Fibonacci extension . In addition to that, our bearish bias is further reinforced by how price...
The above chart shows the daily time frame for AMZN. Price action has charted a lower peak ahead of the company’s quarterly release. It seems it's at a tipping point in the short term. If price continues lower along the broken red line trajectory a lower trough will chart. This will put the company into a downtrend on the daily. The second possibility is that...
Price is at resistance area , in-line with 100% Fibonacci Extension where we could potentially see it pull back to retest horizontal overlap support at 1.18208, in-line with 38.2% Fibonacci Retracement and 61.8% Fibonacci Extension . If price bounce above pivot ,it would swing towards resistance at 1.18874, in-line with -27.2% Fibonacci Retracement and 127.2%...
USDCAD currently in a long term down trend and has just broken out of the channel to the downside. A further drop below 38.2% Fibonacci retracement at our entry 1.25293 towards long term graphical swing low support at 1.24232 could be possible. Technical indicators are showing room for further bearish downside as well.
Any opinions, news, research, analyses,...
CHFJPY is approaching sell entry, in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension . Prices are likely to reverse and fall to take profit, in line with 100% Fibonacci extension . Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci retracement . Indicator supporting bearish bias.
Any opinions, news, research,...
