Market analysis from Tickmill
USDJPY is approaching our first resistance at 112.04 (horizontal pullback resistance, 50%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension, long term descending resistance line) and a strong reaction might occur below this level pushing price down to our major support at 108.71 (horizontal swing low support, 100% Fibonacci extension, 50%, 78.6%...
Price is approaching our first resistance at 112.27 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.26 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement, short term ascending support line)...
GBPAUD broke out of our short term ascending line and is approaching our first resistance at 1.7816 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.7533 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout below...
CHFJPY is approaching our first resistance at 112.36 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 110.28 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 111.04 (horizontal...
Price is approaching our first support at 1.7724 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.7965 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement). RSI (55) is approaching support and...
GBPJPY is approaching our first resistance at 148.24 (horizontal pullback resistance, 50%, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level, pushing price down to our major support at 145.69 (61.8% Fibonacci extension, 50% fiboancci retracement). Stochastic (55,5,3) is also approaching resistance and seeing a...
Price is approaching our first resistance at 1.5849 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.5654 (horizontal overlap support, 38.2% Fibonacci extension). RSI (89) is also seeing a bearish exit and we might see a...
CADJPY is broke out of our short term pullback support line and is approaching our first support at 83.85 (horizontal swing low support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 84.93 (78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (34,5,3) is also approaching our...
EURJPY is approaching our first support at 130.26 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, short term descending resistance line) and a strong drop might occur below this level, pushing price down to our major support at 126.69 (horizontal swing low support, 100% Fibonacci extension, 61.8% fiboancci retracement)....
Price is approaching our first support at 1.3056 (horizontal pullback support, 61.8% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 1.3261 (horizontal pullback resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is...
Price is approaching our first resistance at 0.6832 (horizontal pullback resistance, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we...
AUDNZD is approaching our first support at 1.0894 (horizontal overlap support) and a breakout might occur below this level pushing price down to our major support at 1.0830 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is also...
Price is approaching our first resistance at 1.5958 (horizontal overlap resistance, 76.4%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.5618 (horizontal overlap support, 50% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a...
GBPUSD is approaching our first resistance at 1.3264 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.3104 (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (89, 5, 3) is also reacting...
Price is approaching our first resistance at 0.8833 (horizontal overlap resistance, 38.2% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.8773 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement, long term ascending support line). Ichimoku cloud is also showing...
EURUSD is approaching our first resistance at 1.1724 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.1590 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance line and...
Price is approaching our first resistance at 112.36 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 110.26 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is...
Price is approaching our first resistance at 0.6788 (horizontal swing high resistance, 23.6%, 38.2% Fibonacci retracement, 100% Fibonacci extension, resistance of bearish channel) and a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 100% Fibonacci extension). Stochastic (55,5,3) is...