CHFJPY is facing bullish pressure as it holds above moving average and ascending trendline support. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement and 78.6% Fibonacci extension , and further rise towards Take Profit, in line with 78.6% Fibonacci extension and horizontal swing high resistance. Any opinions, news, research, analyses,...
USDCAD is facing bullish pressure as it holds above the moving average and ascending trendline support. We could see price bounce at Buy Entry, in line with 38.2% Fibonacci retracement , 61.8% Fibonacci extension and horizontal pullback support, and further rise up above ascending trendline support, towards Take Profit, in line with 78.6% Fibonacci extension and...
Prices are approaching support which is in line with horizontal swing low support, 61.8% Fibonacci retracement and 161.8% Fibonacci extension . Prices might push up towards horizontal overlap resistance in line with 100% Fibonacci extension . If prices push down, prices might take support on horizontal swing low support in line with 100% Fibonacci extension and...
GBPCAD approaching horizontal swing high resistance in line with 50% Fibonacci retracement and 78.6% Fiboancci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci extension . If prices continue to push up, prices might face resistance from 78.6% Fibonacci retracement and 161.8% Fibonacci extension . Ichimoku cloud...
GBPNZD Broke below ascending trendline support, now resistance. A further drop below 50% Fibonacci retracement at 1.97756 towards graphical swing low and -27.20% Fibonacci retracement level at 1.96714 could be possible. Stochastic is testing resistance as well where price dropped lower in the past. Any opinions, news, research, analyses, prices, other...
EURAUD Facing bullish pressure above ascending trendline support and also graphical overlap support where we have 38.2% Fibonacci retracement. A short-term intraday bounce above our entry at 1.58516 towards -27.2% Fibonacci retracement at 1.59000 could be possible. Technical indicators are showing room for further bullish momentum as well. Prices are approaching...
Peak and trough analysis on the monthly chart puts gold in a downtrend. The weekly chart is also at a key level when considering the triple moving average system. Moreover, it has an extremely strong inverse correlation with the USDOLLAR on the daily timeframe. Given this, the NFP print tomorrow is likely to impact on gold as the USDOLLAR reacts to the release....
EURCAD holding above long-term ascending trendline support. A break and a close above 38.2% Fibonacci retracement and our entry at 1.47051 will see price possibly push higher towards graphical overlap resistance and 61.8% Fibonacci retracement at 1.47342. The stochastic indicator is also testing ascending trendline support where price bounced in the past. Any...
AUDNZD holding below the descending trendline. Having broken below the recent graphical swing low, a further drop below 23.6% Fibonacci retracement at 1.07266 towards long term 61.8% Fibonacci retracement at 1.06818 could be possible. Technical indicators are showing room for further bearish momentum as well. Any opinions, news, research, analyses, prices, other...
AUDJPY is facing bearish pressure. Prices might continue to drop upon breaking through support level in line with 50% Fibonacci retracement and 78.6% Fibonacci extension Fibonacci confluence area. Prices might drop towards support level in line with 78.6% Fibonacci retracement and -27.2% Fibonacci retracement Fibonacci confluence area. If prices bounce from our...
Prices are appraoching resistance in line with 127.2% Fibonacci retracement and 61.8% Fibonacci extension Fibonacci confluence . Prices might push down towards horizontal pullback support in line with ascending trendline resistance, 61.8% Fibonacci retracement, and 78.6% Fibonacci extension. If prices continue to push up, prices might face resistance from 161.8%...
GBPJPY broke out of descending trendline resistance and is currently taking support on horizontal swing low support in line with 38.2% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement. If prices push down, prices might take...
CADCHF has seen a bullish breakout from the descending trendline resistance-turned-support, and RSI is holding above the ascending trendline support as well. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal overlap support, and rise towards 1st Resistance, in line with horizontal swing high...
EURGBP is facing bearish pressure as it continues to hold below moving average resistance. A break and close below Sell Entry, in line with horizontal swing low support, 61.8% Fibonacci retracement and 61.8% Fibonacci extension, could see price swing towards 1st Support, in line with horizontal swing low support and 127.2% Fibonacci extension. Any opinions, news,...
NZDJPY is facing bullish pressure as it holds above moving average support and MACD holds above 0 line. We could see further upside above Buy Entry, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback support, towards Take Profit, in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback...
AUDUSD holding below descending trendline resistance. A further drop below 38.20% Fibonacci retracement and our entry at 0.75548 towards Fibonacci confluence zone at 0.74333 could be possible. Our Fibonacci confluence zone finds -61.8% Fibonacci retracement and 61.89% Fibonacci extension levels lining up nicely as well. Technical indicators are also showing room...
GBPJPY holding below descending trendline resistance. A short-term drop below 38.20% Fibonacci retracement and our sell entry at 153.213 towards graphical overlap support at 152.469 could be possible. Technical indicators showing room for further downside pressure as well. Any opinions, news, research, analyses, prices, other information, or links to third-party...
GBPNZD facing bullish pressure from ascending trendline support, horizontal pullback support, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push up towards horizontal pullback resistance in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. If prices push down further, prices might take support on horizontal overlap in...