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...
EURCHF is approaching buy entry, in line with 61.8% Fibonacci extension. Prices may rally up take profit level in line with 61.8% Fibonacci retracement. Alternatively, prices may fall to stop loss, in line with 100% Fibonacci extension, and 161.8% Fibonacci retracement. Moreover, Stochastic is approaching support. Any opinions, news, research, analyses, prices,...
AUDUSD is approaching sell entry, in line with 61.8% Fibonacci retracement. Prices may fall to take profit level in line with 127.2% Fibonacci retracement and 78.6% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 78.6% Fibonacci extension, and 127.2% Fibonacci retracement. Moreover, EMA is holding above prices, MACD is holding below...
Price is under a descending trend line and is expected to rise and reverse at 1.180 which is in line with the 61.8% Fibonacci retracement as well as the 161.8% Fibonacci extension level. We can expect the price to take support at 1.17525 which is in line with horizontal swing low support as well as 61.8 % Fibonacci extension. Our bearish bias is further reinforced...
Price is holding below the descending trendline and approaching a horizontal swing low support which coincides with the 38.2% Fibonacci retracement level. Should price successfully break this level, we can expect a bearish plunge to our take profit at 75.532 which is in line with the 78.6% Fibonacci extension level and the horizontal swing low. Our bearish view is...
Price continues to rest above the ascending trendline at 1.25658 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Price is likely to rise to the 1st resistance at 1.27810 which is in line with the horizontal swing high and the 61.8% Fibonacci extension. Our bullish bias is further reinforced by how the stochastic is seen to be approaching...
GBPUSD holding below short-term descending trendline resistance. A short-term drop below our entry at 1.37563 towards our take profit and Fibonacci confluence zone at 1.36896 could be possible. RSI is also holding below short-term descending trendline resistance where the price dropped in the past. Any opinions, news, research, analyses, prices, other...
Price broke below ascending trendline support, now resistance. A further drop below our entry and 38.2% Fibonacci retracement at 110.419 towards graphical swing low and graphical support zone at 110.034 could be expected. RSI is also reacting below resistance where price pulled back in the past and we see bearish divergence as well. Any opinions, news, research,...
GBPUSD reverses off sell entry, in line with horizontal swing high resistance, 61.8% Fibonacci resistance. Prices are expected to fall to take profit, in line with horizontal swing low support and 61.8% Fibonacci extension . Alternatively, prices may face resistance from stop loss, in line with 127.2% Fibonacci retracement . Moreover, stochastic is reacting under...
EURCAD holding above ascending trendline support, showing that price is still holding within a bullish environment. A bounce above our Entry at 1.47763 where we have 78.6% Fibonacci retracement towards 50% Fibonacci retracement and graphical overlap resistance at 1.49336 could be possible. Any opinions, news, research, analyses, prices, other information, or...
EURAUD holding above both moving average support and ascending trendline support, showing that price is still holding within a bullish environment. A bounce above our Entry at 1.59120 where we have 651.8% Fibonacci retracement towards 50% Fibonacci retracement and graphical overlap resistance at 1.60249 could be possible. Any opinions, news, research, analyses,...
Price is holding under the descending trendline and is likely to reverse under the swing high resistance which is in line with the 78.6% Fibonacci retracement level and the 127.2% Fibonacci extension level. Price is likely to take support at the 76.547 horizontal swing low support which is in line with the 23.6% Fibonacci retracement level. Our bearish view is...