Market analysis from Tickmill
ASX is approaching our first resistance at 5788 (50% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is also approaching...
NZDJPY is approaching our first support at 72.29 (Horizontal swing low support, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 73.79 (61.8% Fiboancci extension, 23.6% fiboancci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price...
HSI is approaching our first support at 25147 (76.4% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26176 (horizontal swing high resistance , 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a...
AEX is approaching our first resistance at 495.2 (61.8%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 471.9 (61.8% fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is also approaching resistance and we...
AUDJPY is approaching our first resistance at 78.71 (Horizontal pullback resistance, 61.8%, 100% fibonacci extension, 23.6% fiboancci retracement) and a strong drop might occur below this level pushing price down to our major support at 75.81 (100% fibonacci extension, Elliot wave structure). RSI (55) is also approaching resistance and we might see a...
USDJPY is approaching our first support at 109.75 (Horizontal swing low support, 100% fibonacci extension, 50% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 111.43 (horizontal overlap resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension). Stochastic (21) is also approaching...
XAUUSD is approaching our first resistance at 1288 (horizontal pullback resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1266 (horizontal pullback support, 23.6% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop...
UK100 is approaching our first resistance at 6787 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 6543 (61.8% fibonacci extension, horizontal swing low resistance). Stochastic (55,5,3) is also approaching resistance and we might see a...
SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2379 (61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin...
Price is testing our first resistance at 15.21 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong reaction could occur below this level pushing price down to our major support at 14.78 (horizontal pullback support, 100% fibonacci extension, 38.2% fibonacci retracement). Stochastic (89,5,3)...
Price is approaching our first resistance at 1.1532 (horizontal overlap resistance, 23.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong reaction could occur below this level pushing price down to our major support at 1.1369 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement). Stochastic (89,5,3) is also...
USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiboancci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 38.2% fibonacci retracment, 100% fibonacci extension). Stocahstic (89,5,3) is also...
GBPJPY is approaching our first support at 140.18 (horizontal swing low support, 78.6% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 143.56 (horizontal overlap resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also...
NZDCAD is approaching our first resistance at 0.9164 (Horizontal swing high resistance, 61.8% fibonacci extension, 50% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.9077 (horizontal swing low support, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see...
GBPUSD is approaching our first support at 1.2634 (horizontal swing low support, 38.2%, 50% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.2737 (horizontal swing high resistance, 100% fibonacci extension). RSI (55) is also approaching support and we might see a...
UK100 is approaching our first support at 6609 (61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 6906 (100% fibonacci extension, 50% fibonacci retracement, horizontal overlap resistance). Stochastic (55,5,3) is approaching support and we might see a corresponding...
SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2375 (61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin...
USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.3367 (100% fibonacci extension, horizontal pullback support, 38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and...