Market analysis from FXCM
AUDJPY breakout, more downside!
Price is approaching support 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.
Price is facing bullish pressure from our ascending trend line where we could see a further bounce above this level.
EURAUD breaking previous low, more downside !
Price is facing bearish pressure from our resistance, Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
USDJPY is facing bullish pressure, potential for more upside
Price is approaching support where we could see a bounce above this level.
AUDUSD could retest the trendline, more upside!
Price is facing bullish pressure from our support in line with our ascending trend line where we could see a further upside above this level.
EURJPY could pull back to the trendline and bounce!
Price is facing bullish pressure where we could see a further upside above this level.
USDCHF breaking the trendline, more downside !
Price is approaching our support in line with our ascending trend line and fibonacci confluence levels where we could see a bounce above this level.
EURJPY cup and handle pattern, more upside !
Price is approaching our first support in line with our 20 EMA, horizontal pullback support, 38.2% fibonacci retracement and 78.6% extension 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.
USDCHF breaking the trendline, more downside !
Price is approaching support where we could see a bounce here.
Price is facing bearish pressure and a break below our downside confirmation could see a further drop