DXY reversed nicely off its resistance at 89.67 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 89.24 (61.8% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support). We have also identified another stop loss at 89.86 (100% Fibonacci extension)....
We see price testing its resistance at 8360 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could potentially react off it, causing it to fall to its support at 7518 (horizontal pullback support). If it breaks past this level, it could potentially fall to its next support at 6426 (horizontal swing low support)....
SPX500USD is being held up by its ascending support line where price could potentially rise further to its 1st resistance at 2017 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance). If it breaks past this level it could rise to its next resistance at 2740 (76.4% Fibonacci retracement, horizontal overlap resistance).
RSI (55)...
USDJPY broke out of its ascending support where it is now testing its resistance at 107.142. Prices could potentially push down all the way to its support at 106.649 (38.2% Fibonacci retracement, horizontal overlap support).
RSI (55) shows a corresponding break out where we expect to see a similar drop.
AUDUSD reversed off its resistance at 0.7785 (horizontal swing high resistance) where it could potentially drop all the way to its support at 0.7726 (61.8% Fibonacci extension, 50% Fibonacci retracement, 100% Fibonacci extension). We have also identified another resistance at 0.7809 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high...
XAUUSD reversed nicely off its resistance at 1348 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall all the way to its support at 1336 (100% Fibonacci extension, 61.8% Fibonacci retracement, multiple swing low support). We have also identified another resistance at 1353 (61.8% Fibonacci...
AUDNZD could potentially rise to its resistance at 1.0603 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) before reversing and falling to its 1st support at 1.0556 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 1.0626 (76.4% Fibonacci...
EURUSD tested its resistance at 1.2387 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially react off, causing price to fall to its 1st support t 1.2325 (38.2% Fibonacci retracement, horizontal support) or to its 2nd support at 1.2306 (50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance...
NZDUSD bounced nicely off its support at 0.7347 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise further to its resistance at 0.7394 (horizontal swing high resistance). We have also identified another support at 0.7319 (100% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci...
GBPUSD tested its resistance area at 1.4297 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance), where it reversed nicely off it. Price could potentially drop further to its support at 1.4123 (61.8% Fibonacci extension, 50% Fibonacci retracement). We have also identified another resistance at 1.4350 (horizontal swing high...
AUDNZD is testing its descending resistance line where a potential reaction could happen at 1.0551 (50% Fibonacci retracement, 38.2% Fibonacci retracement, multiple swing high resistance), causing price to fall to its support at 1.0488 (61.8% Fibonacci extension, horizontal swing low support). We have also identified another resistance at 1.0573 (100% Fibonacci...
AUDUSD is approaching its resistance at 0.7777 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where a potential reversal may occur, pushing price down to its support at 0.7725 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support)....
EURAUD is approaching its support at 1.5832 (100% Fibonacci extension, 61.8% Fibonacci retracement x2, horizontal overlap support) where it could potentially bounce, causing price to rise to its resistance at 1.5986 (100% Fibonacci extension, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal swing high resistance). We have also identified...
NZDUSD is testing its resistance at 0.7378 (100% Fibonacci extension, 78.6% Fibonacci retracement), where it could potentially react off it, causing price to drop to its support at 0.7319 (61.8% Fibonacci extension, 100% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) or to its next support at 0.7261 (61.8%...
EURGBP broke out of its descending resistance-turned-support line where a potential bounce on weakness at 0.8696 (76.4% Fibonacci retracement, multiple swing low support) could occur. This could push prices all the way to its resistance at 0.8789 (38.2% Fibonacci retracement, horizontal swing high resistance).
RSI (89) has a corresponding breakout from its...
NZDUSD is approaching its resistance at 0.7378 (100% Fibonacci extension, 76.4% Fibonacci retracement, multiple swing high resistance) where it could potentially react off, causing price to fall to its 1st support at 0.7322 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this...
GBPUSD is approaching its resistance at 1.419 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially react off its, pushing price down to its 1st support at 1.4100 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its next...
BTCUSD is testing its resistance at 6883 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially react off it, causing price to push all the way down to its 1st support at 6523.5 (61.8% Fibonacci extension x2, horizontal swing low support). If it breaks past this level, it could fall to its next support at...
