XAUUSD bounced nicely off its support at 1340 (50% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 1355 (100% Fibonacci extension, Elliot wave structure). If it surpasses this level, it could rise to its next resistance at 1360 (100% Fibonacci extension, horizontal swing high resistance). We have also...
EURUSD bounced nicely off its support at 1.2376 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 1.2475 (78.6% Fibonacci retracement) or to its 2nd and 3rd resistance at 1.2491 (100% Fibonacci extension, channel exit potential, 61.8% Fibonacci extension) and 1.2534 (100%...
CADJPY is approaching its resistance at 82.358 (100% Fibonacci extension, 61.8% Fibonacci retracement) where price could react off and potentially fall to its 1st support at 81.796 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support), if it breaks past this level, it could fall to its next support at 80.908 (100% Fibonacci...
XAUUSD approaching resistance at 1355 (100% Fibonacci extension, Elliot wave structure) where a reaction could occur, causing price to drop it its 1st support at 1344 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its next support at 1336 (61.8% Fibonacci extension, 38.2%...
EURUSD approaching its resistance at 1.2461 (74.6% Fibonacci retracement) where a reaction could occur, causing price to fall to its 1st support at 1.2375 (50% Fibonacci retracement, 38.2% Fibonacci retracement). We have also identified a 2nd resistance at 1.2491 (100% Fibonacci extension, channel exit potential).
Stochastic (89, 5 3) is approaching its...
USDCAD is approaching its support at 1.2786 (38.2% Fibonacci retracement, 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support, Elliot wave structure) where price has the potential to bounce to its 1st resistance at 1.2946 (38.2% Fibonacci retracement, horizontal overlap resistance). We have also identified another support level at...
EURAUD is testing major resistance at 1.6035 (Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this level to push prices down to major support at 1.5833 (Fibonacci retracement, fibonacci extension, horizontal overlap support). We're also seeing intermediate support at 1.5884 (Fibonacci retracement,...
We're seeing NZDUSD test major resistance at 0.7274 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this price to push price all the way down to major support at 0.7206 (Fibonacci retracement, horizontal swing low support). We do have to be wary of intermediate support found at...
DXY is testing major support area at 89.37 (Fibonacci extension, horizontal overlap support, fibonacci retracement) and a strong bounce could occur at this level to push price up to our next resistance at 89.93 (fibonacci retracement, horizontal overlap resistance). If it breaks this intermediate resistance, we could see price rise much further to major resistance...
EURUSD is testing its descending resistance-turned support line and its 1st resistance at 1.2382 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). If it surpasses this level, price would have made a bullish exit from its descending line which could potentially push price to its 2nd resistance at 1.2438 (100% Fibonacci extension, horizontal swing high...
USDCAD is testing resistance at 1.2946 (38.2% Fibonacci retracement, horizontal swing high resistance) where it has the potential to drop to its 1st support at 1.2834 (horizontal swing low support) or to its 2nd support at 1.2762 (38.2% Fibonacci retracement, 61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support, Elliot wave...
EURAUD testing its resistance at 1.6036 (100% Fibonacci extension, swing high resistance, Elliot wave structure) where a reaction could happen causing price to fall to its 1st support at 1.5876 (38.2% Fibonacci retracement, horizontal swing low support). If it breaks past this level it could fall to its 2nd support at 1.5816 (61.8% Fibonacci extension, 50%...
XAUUSD is testing its resistance at 1339 (61.8% Fibonacci retracement, horizontal swing high resistance) where a reaction could occur, causing price to fall to its 1st support at 1326 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its 2nd support at 1319 (61.8% Fibonacci...
EURUSD bounced nicely off its support at 1.2295 (61.8% Fibonacci retracement, horizontal overlap support) where it is now testing its 1st resistance at 1.2341 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could potentially rise to its 2nd resistance at 1.2379 (61.8% Fibonacci extension, horizontal swing high...
EURUSD is testing its descending resistance line and its support at 1.2358 (horizontal overlap support). If it surpasses both the descending resistance line and its 1st resistance at 1.2380 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance), it could potentially rise further to its 2nd or 3rd resistance at 1.2414 (61.8%...
USDCAD made a bearish exit from its ascending channel where it has the potential to drop further to its 1st support at 1.2795 (38.2% Fibonacci retracement, horizontal overlap resistance) or to its 2nd support at 1.2739 (100% Fibonacci extension, horizontal overlap support, channel exit potential). We have identified resistances at 1.2965 (horizontal pullback...
XAUUSD approaching its resistance at 1339 (61.8% Fibonacci retracement, horizontal swing high resistance) where a potential reaction could occur, causing price to fall to its 1st support at 1319 (61.8% Fibonacci extension horizontal overlap support). If it breaks past this level, it could potentially fall to its next support at 1305 (61.8^ Fibonacci extension,...
XAUUSD is being squeezed by its descending resistance line and its major support at 1306 (L T 100% Fibonacci extension, L T 50% Fibonacci retracement, 61.8% Fibonacci extension, multiple horizontal swing low) If price breaks out of its descending line, we could see it rise to its 1st resistance at 1330 (61.8% Fibonacci extension, horizontal swing high resistance)...
