EURAUD is testing its support at 1.5883 (61.8% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise to its resistance at 1.5964 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching support at 4.59% where a corresponding bounce could occur.
EURUSD bounced nicely off its support at 1.1938 (61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) where price could potentially rise to its resistance at 1.2157 (50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal pullback resistance). We do have to be cautious of the intermediate resistance at 1.2064 (61.8%...
BTCUSD is approaching its support at 9208 (38.2% Fibonacci retracement, horizontal overlap support) where if it breaks this level, price could potentially fall to its support at 8447 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support). We do have to be cautious of the intermediate support at 8796 (61.8% Fibonacci extension,...
AUDUSD bounced nicely off its support at 0.7490 (100% Fibonacci extension, 100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap support) where we expect to see price rising to its resistance at 0.7649 (50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal pullback resistance). We do have to be cautious of the intermediate...
XAUUSD is being held down by its descending channel where a potential reversal at channel resistance 1313 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance) could occur, causing price to fall to its support at 1303 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is making its way to its...
AUDJPY is approaching its support at 82.028 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce off, causing price to rise to its resistance at 83.04 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 1.02%...
DXY is testing its resistance t 92.61 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where price could potentially react off and fall to its support at 90.95 (50% & 38.2% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate support at 91.89 (38.2% Fibonacci retracement,...
XAUUSD reversed nicely off its resistance at 1325 (100% Fibonacci extension, 61.8% Fibonacci retracement) where it could potentially drop further to its support at 1316 (L T 38.2% Fibonacci retracement, 78.6% Fibonacci retracement, horizontal swing low support).
Stochastic (34, 5, 3) reversed off its resistance at 92% where it still has a lot of downside potential.
USDCAD tested its resistance at 1.2896 (61.8% Fibonacci retracement, horizontal overlap resistance) and intermediate support at 1.2814 (23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this intermediate support, it could potentially fall to its support at 1.2642 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap...
EURAUD bounced off its support at 1.5965 (61.8% Fibonacci extension, 50% Fibonacci retracement, 61.8% Fibonacci retracement, ascending support line) where it could potentially rise to its resistance at 1.6142 (61.8% Fibonacci extension, horizontal swing high resistance). We do have to be cautious of the intermediate resistance at 1.6058 (23.6% Fibonacci...
We see BTCUSD being held up by its ascending channel where it could potentially rise further. There could be a potential bounce at 9194 (38.2% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap support) where price could rise to its resistance at 10168 (100% Fibonacci extension, channel resistance). We do have to be cautious of the intermediate...
AUDNZD is testing its resistance at 1.0706 (38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1.0687 (61.8% Fibonacci extension, horizontal overlap support) if it breaks past this support, it could fall to the next support at 1.0606 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal...
We see BTCUSD being held up by its ascending channel where it could potentially rise further. There could be a potential bounce on weakness at 8937 (38.2% Fibonacci retracement, horizontal overlap support) where price could rise to its resistance at 9726 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). If it surpasses that...
USDJPY is testing its resistance at 109.27 (Long term 61.8% Fibonacci extension, 50% Fibonacci retracement, 78.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 108.47 (38.2% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could drop to the next support at 107.94 (100%...
AUDJPY is testing its support at 82.50 (76.4%, 50% and 50% Fibonacci retracement, horizontal overlap support) where price could potentially bounce off it, rising to its resistance at 83.07 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 82.20 (100% Fibonacci extension, horizontal...
UKOIL could potentially be trading in a rising wedge where if it breaks past its first support at 73.25 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support), it could trigger a move downwards to its next support at 70.95 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (21, 5, 3) is...
ASX is held up by its ascending support line where a potential bounce on weakness at 5873 (100% Fibonacci extension 23.6% Fibonacci retracement, horizontal swing low support) could occur. Price could rise all the way up to its resistance at 5941 (61.8% Fibonacci extension, horizontal swing high resistance) or to 5987 (100% Fibonacci extension, horizontal swing...
XAUUSD reversed nicely off its resistance at 1331 (23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1321 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support).
Stochastic (34, 5, 3) reversed nicely off its resistance at 94% where it still has a lot of downside potential.
