Market analysis from FXCM
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CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from...
Price is approaching our support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
Price is facing bearish pressure from our descending trend line and resistance in line with our fibonacci confluence levels where we could see a further drop below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.
Prices are facing bearish pressure from horizontal swing high resistance in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down further to horizontal pullback support which is in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. If prices push up further, prices might face resistance from 161.8% Fibonacci...
Prices are facing bearish pressure from horizontal swing high resistance which is in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push down towards 1st support which coincides with horizontal swing low support which is in line with 50% Fibonacci retracement. If prices push up further, prices might face resistance from swing...
Prices are approaching resistance where we could see a reversal below this level. Our first resistance is in line with our 78.6% retracement and 100% extension.
Prices are facing bearish pressure from horizontal swing high resistance, in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push down towards horizontal swing low support, in line with 78.6% Fibonacci extension. If prices push higher, prices might face resistance from horizontal swing high resistance in line with 61.8% Fibonacci...
Prices are approaching resistance where we could see a reversal below this level. EMA is showing signs of bearish pressure as well, in line with our bearish bias.
Prices are facing bearish pressure from descending trend line resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push down towards 1st support which is in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up...
Prices are holding above our ascending trend line where we could see a further upside, a break above our upside confirmation would provide the bullish acceleration to our next resistance target.
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Prices are facing bullish pressure from horizontal swing low support, intersecting the ascending trendline support. Prices might push up from our buy entry to 1st resistance in line with horizontal swing high resistance in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. If prices fall through buy entry, prices might take support from...
CADJPY is facing bearish pressure from a tentative descending trendline resistance as well as horizontal swing high resistance. Prices might push down towards horizontal swing low support, in line with 61.8% Fibonacci extension and 78.6% Fibonacci retracement. If prices break past the swing high, prices might face resistance from 61.8% Fibonacci retracement and...
GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement. If prices fall through 1st support, prices might take support from horizontal...
Price is approaching our support in line with our ascending trend line where we could see a further upside above this level. 20 EMA and Ichimoku cloud are showing signs of bullish pressure as well.
Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance...
Prices are facing bullish pressure from our support and ascending trend line where we could see a further upside above this level.