Market analysis from FXCM
Prices are facing bearish pressure from pullback resistance which is in line with 100% Fibonacci extension and 50% Fibonacci retracement. Prices might push down towards 1st support, in line with 78.6% FIbonacci extension and -27.2% Fibonacci retracement fibonacci confluence area. If prices push up further, prices might face resistance from 2nd resistance in line...
Prices are approaching support where we can see a bounce above this level. 20 EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
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Price are approaching support in line with our ascending trend line where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bullish pressure from horizontal swing low support, 61.8% FIbonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance which is in line with horizontal swing high resistance and 78.6% FIbonacci extension. If prices fall through ascending trendline, prices might take support from 2nd support which is in line...
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Prices are facing bearish pressure from pivot which is in line with 100% Fibonacci extension and horizontal swing high resistance. Prices might push down to 1st support, which is our horizontal swing low support, in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement. If prices push up, it might take resistance from 1st resistance which is in line...
Prices are facing bullish pressure where we could see a further upside, Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are approaching support in line with our fibonacci confluence levels where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well.
Prices are facing bullish pressure from ascending trendline support which is in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci extension. If prices fall through pivot, prices might take support one 1st support which is a horizontal swing low...
Prices are facing bearish pressure from the descending trend line as well as horizontal swing high resistance which is in line with 100% fibonacci extension and 78.6% fibonacci retracement. Prices are likely to push down towards horizontal swing low support which is in lien with 100% fibonacci extension and 127.2% fibonacci extension. If prices break through...
Prices are approaching our support and facing bullish pressure from our ichimoku cloud where we could see a further upside above this level.
Prices are approaching resistance in line with our descending trend line where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Prices are facing bearish pressure from 1st resistance which is our horizontal swing high resistance, in line with 78.6% fibonacci retracement and 127.2% fibonacci extension . Prices might push down towards 1st support which is our horizontal swing low resistance in line with 38.2% fibonacci retracement and 61.8% fibonacci extension . If prices break through 1st...
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Prices are facing bearish pressure from our resistance in line with our descending trend line where we could see a reversal below this level. Stochastic is approaching resistance as well, in line with our bearish bias.
Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on...
Prices are approaching our support level in line with graphical support level, 78.6% fibonacci retracement and 127.2% fibonacci extension where we could see a bounce above this level.