Market analysis from Tickmill
Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we...
AUDUSD is approaching our first support at 0.70442 (horizontal swing low support, 76.4% fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 0.7105 (horizontal swing high resistance, 50% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price....
NZDUSD is approaching our first support at 0.6754 (horizontal swing low support, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6826 (horizontal pullback resistance, 38.2% fibonacci retracement). Stochastic is approaching support as well. Trading CFDs on margin carries high risk....
USDCAD is approaching our first resistance at 1.3471 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3362 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might...
HSI is approaching our first resistance at 29180.1 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 28370.7 (78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in...
EURCAD is approaching our first support at 6102.4 (horizontal overlap support, 23.6% fibonacci retracement) where a strong bounce to our major resistance at 6226.6 (horizontal swing high resistance, 61.8% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries...
EURCAD is approaching our first support at 1.5031 (horizontal overlap support, 61.8% fibonacci retracement, 100% fibonacci extension) where a strong bounce to our major resistance at 1.5172 (horizontal swing high resistance, 76.4% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price....
AUDCAD is approaching our first support at 0.9485 (horizontal overlap support, 38.2% fibonacci retracement, 100% fibonacci extension) where a strong bounce to our major resistance at 0.9524 (horizontal overlap resistance, 50% fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading...
USDJPY is approaching our first resistance at 110.89 (horizontal overlap resistance, 100% extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 110.30 (50% Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is also approaching resistance where we might see a...
CHFJPY is approaching our first support at 110.33 (horizontal overlap support, 61.8% fiboancci extension, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 110.89 (61.8% fiboancci extension, 50% fibonacci retracement). Stochastic is approaching support as well. Trading CFDs on margin...
EURNZD is approaching our first support at 1.6230 (horizontal overlap support, 50% fibonacci retracement, 61.8% fibonacci extension) where a strong bounce to our major resistance at 1.6712 (horizontal swing high resistance, 50% fibonacci retracement, 61.8% fibonacci extension) might occur. Stochastic is also approaching support where we might see a corresponding...
NZDJPY is approaching our first resistance at 76.62 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance...
EURCAD is approaching our first resistance at 1.5224 (horizontal swing high resistance, 61.8% extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.5108 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a...
GBPUSD is approaching our first resistance at 1.3238 (horizontal overlap resistance, 61.8% extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3105 (61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading...
EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182. Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment...
AUDCHF is approaching our first resistance at 0.7079 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7046 (horizontal overlap support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on...
GBPNZD is approaching our first resistance at 1.9272 (horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.9087 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a...
USDCAD is approaching our first resistance at 1.3468 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.3340 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a...