DXY is approaching its support at 97.03 (horizontal swing low support, 61.8% Fibonacci extension , 23.6% Fibonacci retracement ) where it could bounce to its resistance at 97.69 (100% Fibonacci extension , horizontal swing low support).
Stochastic (34, 5, 3) is approaching its support at 5% where a corresponding bounce is expected.
GBP/USD:
The British pound rose against its US counterpart Tuesday as concerns over a no-deal Brexit eased. UK PM May stated the UK needs a further extension of Article 50, and would end when a deal has been passed. The PM further added she will reach out to UK opposition leader Corbyn to help break the Brexit logjam.
After clocking a session low at 1.3013, the...
GBPJPY reversed off its resistance at 146.45 (100% Fibonacci extension ,50% Fibonacci retracement , horizontal swing high resistance) where it is expected to drop further to its support at 145.18(50% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
Kiwi index is approaching its support at 6.8787(61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 6.9528 (50% Fibonacci retracement , 61.8% Fibonacci extension , horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding...
USDCAD is approaching its support at 1.32492(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.3339 (38.2% Fibonacci retracement , horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at2% where a corresponding bounce could occur.
Trading...
XY is approaching its resistance at 97.69 (horizontal swing high resistance, 100% Fibonacci extension*2 ) where it could reverse down to its support at 97.03 (38.2% Fibonacci retracement , horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
DXY is approaching its resistance at 97.33 (78.6% Fibonacci retracement , horizontal swing high resistance, Elliott Wave ) where it could reverse down to its support at 96.74 (38.2% Fibonacci retracement , horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Trading CFDs on margin...
AUDJPY is approaching its resistance at 79.34(100% Fibonacci extension , horizontal swing high resistance) where it could reverse down to its support at 78.788 (38.2%Fibonacci retracement ).
Stochastic (34, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the...
CADJPY is approaching its resistance at 83.336(100% Fibonacci extension , horizontal pullback resistance, 61.8% Fibonacci retracement) where it could reverse down to its support at 82.701 (38.2%Fibonacci retracement , horizontal pullback support).
Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Kiwi index is approaching its resistance at 6.9707 (61.8% Fibonacci retracement , horizontal swing high resistance, 100% Fibonacci extension ) where it could reverse down to its support at 6.9256 (50% Fibonacci retracement)
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Kiwi index is approaching its support at 6.8837 (100% Fibonacci extension , 61.8% & 50% Fibonacci retracement , horizontal swing low0 support) where it could potentially bounce to its resistance at 6.9397 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.6% where a...
DXY is approaching its resistance at 97.29 (78.6% Fibonacci retracement , horizontal swing high resistance, Elliott Wave ) where it could reverse down to its support at 96.74 (38.2% Fibonacci retracement , horizontal pullback support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
USDCAD is approaching its resistance at 1.3466(61.8% *2 Fibonacci extension, horizontal swing high resistance, bearish divergence) where it could reverse down to its support at 1.3355 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
NZDJPY is approaching its resistance at 75.44(61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could reverse down to its support at 74.92 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Dow Jones Industrial Average:
As high-level trade talks kicked-off in Beijing, US stocks advanced Thursday with the DJIA ending the session up 0.44%.
Looking at technical structure on the weekly timeframe, since early February traders have called a block of resistance at 26248-25834 home. Last week’s response from this barrier was of notable strength, closing...
AUDUSD is approaching its support at 0.7045 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7095 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2.1 where a corresponding bounce could occur.
NZDUSD is approaching its support at 0.6724 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6816 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 1.9 where a corresponding bounce could occur.
GBPJPY is approaching its support at 144.07 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 145.47 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 4.1 where a corresponding bounce could occur.
