Market analysis from Tickmill
GBPUSD is approaching our first resistance at 1.3202 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3115 (horizontal overlap support, 61.8% Fibonacci retracement). Stochastic (34,5, 3) is also approaching resistance and seeing a...
EURCHF is approaching our first resistance at 1.1383 (horizontal swing high resistance, 100% Fibonacci extension, 76.4%, 38.2% Fibonacci retracement) and strong drop might occur below this level pushing price down to our major support at 1.1259 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we...
EURJPY is approaching our first support at 31.89 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 132.26 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (34,5,3) is also...
USDX is approaching our first resistance at 94.37 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 94.00 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (55,5,3) is approaching resistance and we might see a...
GBPJPY is approaching our first resistance at 149.30 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 140.80 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5, 3) is also approaching resistance where we...
EURCHF is approaching our first resistance at 1.1383 (horizontal swing high resistance, 100% Fibonacci extension, 76.4%, 38.2% Fibonacci retracement) and strong drop might occur below this level pushing price down to our major support at 1.1259 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we...
AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price up to our major resistance at 1.0994 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching...
GBPCHF is approaching our first resistance at 1.2798 (horizontal swing high resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.250 (horizontal swing low support, 100% Fibonacci extensions). Stochastic (89,5,3) is approaching resistance and we might see a corresponding drop in price...
USDCAD is approaching our first resistance at 1.2977 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2912 (horizontal swing low support). Stochastic (55,5,3) is also approaching major resistance and a reaction off this level might see a...
USDJPY is approaching our first resistance at 113.33 (horizontal swing high resistance, 100% Fibonacci extension, 6.18% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 112.63 (23.6% Fibonacci retracement). Stochastic (34,5, 3) is also approaching resistance where we might see a corresponding drop...
CHFJPY is approaching our first support at 116.63 (horizontal pullback support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 118.03 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding...
GBPAUD is approaching our first resistance at 1.8113 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.7918 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). RSI (55) is also seeing a...
EURUSD is approaching our first resistance at 1.1787 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1622 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance...
USDJPY is approaching our first support at 112.39 (horizontal overlap support, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 113.11 (horizontal swing high resistance). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading...
GBPCAD is approaching our first resistance at 1.6937 (horizontal overlap resistance, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.6827 (50% Fibonacci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high...
NZDUSD is approaching our first resistance at 0.6722 (horizontal overlap resistance, 100% Fibonacci extension, 61.8%, 38.2%, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6619 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and...
EURCAD is approaching our first resistance at 1.5241 (61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and price might drop to our major support at 1.5167 (horizontal pullback support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment...
GBPCHF is approaching our first resistance at 1.2798 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2630 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and...