CADCHF has reversed off its resistance at 0.7583 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop further to its support at 0.7520 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop could occur.
XAGUSD is approaching its resistance at 14.49 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is could potentially reverse down to its support at 14.30 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could potentially occur.
USDCAD is approaching its support at 1.3171 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3258 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
GBPUSD is approaching its support at 1.2660(61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 1.2820 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.5% where a corresponding bounce could occur.
USDCAD is approaching its support at 1.3227(100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3323 (76.4% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 4.9% where a corresponding bounce could occur.
EURGBP is approaching its resistance at 0.8927 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.8824 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
XAUUSD is approaching its resistance at 1228.7 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1218.4 (61.8% Fibonacci retracement, horizontal swing high support). Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reversal could occur.
NZDUSD is approaching resistance at 0.6923 (100% Fibonacci extension, 50 & 76.4% Fibonacci retracement, horizontal swing high resistance), where it could potentially reverse down to its support at 0.6765 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support). Stochastic is approaching its resistance at 97% where a corresponding...
AUDCHF is approaching its resistance at 0.73340 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.7168 (100% Fibonacci extension, 38.2% Fibonacci retracement , horizontal swing low support). Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
EURJPY reversed off its resistance at 129.30 (100% & 61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially drop further to its support at 128.84 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off near its resistance at 96% where a corresponding drop could occur.
EURGBP is approaching its resistance at 0.8927 (100% Fibonacci extensionx2, 61.8% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 0.8824 (38.2% Fibonacci retracement , horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
EURUSD is approaching its resistance at 1.1423 (76.4% & 61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1.1350 (50% Fibonacci retracement , horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal...
GBPAUD is approaching its support at 1.7478 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.7774 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing high resistance). Stochastic (34, 5, 3) is approaching its support at 4.2% where a corresponding...
EURAUD bounced nicely off its support at 1.5522 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5614 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is bounced off its support at 3.03% where a corresponding rise could occur.
CADCHF is approaching its support at 0.7470 (61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7527 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.
GBPJPY is approaching its resistance at 146.04 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop further to its support at 144.84 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
USD/CHF:
Supported by a 161.8% H4 Fibonacci ext. point at 0.9995, H4 supply marked with a red arrow at 1.0007-0.9988, daily resistance plotted at 0.9986 and the RSI indicator running a divergence play, the market observed a strong selloff take shape from 1.0000 (parity) Wednesday on the back of comments from Fed Chair Powell regarding interest rates.
For those...
USDCAD is approaching its resistance at 1.3384 (100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal swing high resistance, ascending channel resistance) where it could potentially reverse to its support at 1.3263 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its...
