Price is approaching our first support at 1885.54, in line with our 50% Fibonacci retracement and 161.8% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1900.31. It is worth noting that the price is still holding above the Ichimoku cloud in line with our bullish bias.
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Price is facing bullish pressure from our first support in line with our trend line, where we could see a bounce above this level. Ichiomku cloud and 20 EMA are showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bearish pressure from our first resistance level, in line with our horizontal overlap resistance, 23.6% fibonacci retracement where we could see a further drop below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well in line with our bearish bias.
Price is facing bullish pressure from our first support where a potential rise towards our first resistance target could be expected. Also, price has recently broke out of a descending trendline and is showing bullish momentum on the ascending trendline
Price is testing our ascending trendline and could possibly rise from here. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target at 1965.57. It is worth noting that the price is still holding above EMA (50) and the Ichimoku cloud in line with our bullish bias.
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USDCAD is approaching our support level at 1.27845 in line with our 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support, where we could see a potential bounce towards our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level as well.
UKOIL reversed off its resistance at 51.42 where it could potentially drop further to 51.00.
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USDCAD is approaching our support level at 1.27909 in line with our 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support, where we could see a potential bounce towards our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.
Price is facing bullish pressure from our first support where a potential rise towards our first resistance target could be expected. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is approaching our support level at 1.2779 in line with our 61.8% fibonacci retracement and horizontal pullback support , where we could see a potential bounce towards our first resistance target if price approaches this key level. Stochastics is also signaling that there’s more room for upside!
Price holding above 78.6%, 38.2% Fibonacci retracement, 78.6% Fibonacci extension and Horizontal graphical support. A short term rise above our 1st support at 50.76 towards our 1st resistance at 51.74 could be possible.
Price is facing bullish pressure from our first support and a break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Stochastic and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bullish pressure from our first support at 1882.97n and a break above our upside confirmation level could provide the bullish acceleration to our first resistance target. It is worth noting that the price is still holding above EMA (50) in line with our bullish bias.
Price holding below 78.6% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap resistance. A short term drop below our 1st resistance at 51.75 towards our 1st support and also 38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap at 50.96 could be possible.
USDCAD is approaching our support level at 1.2777 in line with our 61.8% fibonacci retracement and horizontal pullback support , where we could see a potential bounce towards our first resistance target if price approaches this key level. Stochastics is also signaling that there’s more room for upside!
Price is approaching our first support where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above the ascending trendline and Stochastic is facing bullish pressure from our support at 8.18 as well, in line with our bullish bias.
Price is facing bullish pressure from our first support at 1852.57, where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above EMA (50) in line with our bullish bias.
Price holding below 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal resistance. A short term drop below our 1st resistance at 49.90 towards our 1st support and also 127% Fibonacci retracement and horizontal swing low at 49.23 could be possible.
