Market analysis from Tickmill
AUDJPY is approaching our first resistance at 81.86 (horizontal overlap resistance, 23.6%, 50%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 80.62 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastics (89,5,3) is also approaching resistance and...
USDCAD is approaching our first resistance at 1.2960 (horizontal overlap 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 1.2858 (horizontal swing low support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line...
XAUUSD is approaching our first support at 1200.59 (horizontal pullback support, 50%, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1237.64 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement, long term descending...
EURAUD is approaching our first resistance at 1.5968 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.5840 (horizontal swing low support, 23.6%, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance...
USDJPY is approaching our first resistance at 111.46 (horizontal overlap resistance, 76.4%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.09 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our resistance and...
USDCHF is approaching our first resistance at 0.9865 (horizontal pullback 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 0.9788 (horizontal swing low support, 100% Fibonacci extension). RSI (89) is seeing a bearish exit and we might see a corresponding...
AUDNZD is approaching our first resistance at 1.0986 (horizontal overlap resistance, 100% Fibonacci extension, 50%, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.0858 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also...
EURCAD is approaching our first resistance at 1.5189 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.4993 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching our resistance and seeing a...
NZDJPY is approaching our first resistance at 85.48 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 84.86 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance where we...
AUDJPY is approaching our first resistance at 81.93 (horizontal overlap resistance, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 80.23 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major resistance...
USDJPY is approaching our first resistance at 111.47 (horizontal overlap resistance, 76.4%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.08 (horizontal swing low support, 61.8%, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our...
GBPJPY is approaching our first resistance at 143.30 (horizontal overlap resistance, 38.2%, 23.6% Fibonacci retracement, 61.8% Fibonacci extension, Elliot wave structure) and a strong reaction might occur below this level pushing price down to our major support at 139.48 (horizontal swing low support, 100% Fibonacci extension, Elliot wave structure). Stochastic...
AUDNZD 0.38% is approaching its support at 1.0920 (76.4%, 50% & 38.2% Fibonacci retracement , horizontal overlap support) where we expect a strong bounce to occur, pushing price up to its resistance at 1.1043 (50% Fibonacci retracement , horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support at 6.1% where a corresponding bounce is...
EURUSD is approaching our first resistance at 1.1623 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.1435 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance where...
EURCAD is approaching our first resistance at 1.5178 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.4813 (horizontal swing low support, 100% Fibonacci extension) Stochastic (89,5,3) is also approaching resistance and a reaction...
AUDCHF is approaching our first support at 0.7149 (horizontal swing low support, 50%, 61.8%, Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7288 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) Stochastic (89,5,3) is...
NZDJPY is approaching our first resistance at 74.08 (horizontal overlap 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 72.38 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance where we might see a corresponding...
AUDJPY is approaching our first resistance at 81.93 (horizontal overlap resistance, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 80.23 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major resistance...