Market analysis from Tickmill
Price is approaching our first resistance at 111.16 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 110.24 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also...
Price is approaching our first resistance at 1.3383 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.2721 (horizontal swing low support, 100% Fibonacci extension, 50%, 76.4% Fibonacci retracement). A breakout below our...
Price is approaching our first resistance at 127.70 (horizontal overlap resistance, 23.6%, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 126.26 (horizontal overlap support, 100% Fibonacci extension76.5% Fibonacci retracement). RSI (21) is also seeing facing...
Price is approaching our first resistance at 1.1640 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.1530 (horizontal swing low support, 100% Fibonacci extension). RSI (21) is also seeing facing bearish pressure from our...
Price is approaching our first resistance at 1.5777 (horizontal overlap resistance, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.5454 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bearish divergence and is approaching our resistance...
Price is approaching our first support at 0.9912 (horizontal overlap support, 38.2% Fibonacci retracement, Elliot wave structure, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.000 (61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement). RSI (34) is also approaching support where a...
USDJPY is approaching our first resistance at 111.42 (horizontal overlap resistance, 50%, 61.8% Fibonacci retracement) and price might drop to our major support at 108.12 (horizontal swing low support, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching our resistance where we might see a corresponding drop in price. Trading CFDs on margin carries...
EURUSD is approaching our first resistance at 1.1657 (horizontal pullback resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and price might drop to our major support at 1.1512 (horizontal swing low support). Stochastic (55,5,3) is also approaching our resistance where we might see a corresponding drop in price. Trading CFDs on margin carries...
Price is approaching our first support at 1.0666 (horizontal overlap support, 61.8% Fibonacci retracement) where price might rise up to our major resistance at 1.0779 (horizontal pullback resistance, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement). A breakout above our intermediate resistance at 1.0747 (horizontal swing high resistance, 61.8% Fibonacci...
Price is approaching our first support at 81.14 (horizontal swing low support, 100% Fibonacci extension) and might rise up to our major resistance at 82.69 (horizontal overlap resistance, 100% Fibonacci extension). Stochastic (55,5,3) is also seeing a bullish divergence and approaching our support where a bounce off this level might see a corresponding rise in...
NZDUSD is approaching its resistance at 0.6960 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where it could potentially react off, causing price to drop to its support at 0.6886 (78.6% Fibonacci retracement, horizontal swing low support) RSI (34) is seeing a bearish exit and approaching its resistance where we might see a...
EURAUD is approaching our first resistance at 1.5693 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.5279 (horizontal swing low support, 100% Fibonacci extension, Elliot wave structure). RSI (55) is also seeing approaching our...
GBPUSD is approaching our first resistance at 1.3297 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.3154 (61.8% Fibonacci extension). A breakout below our intermediate support at 1.3212 (horizontal swing low support) might...
AUDUSD is approaching our first support at 0.7428 (horizontal swing low support, 61.8% Fibonacci extension). A strong bounce might occur above this level pushing price up to our major resistance at 0.7483 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a...
Price is approaching our first support at 145.89 (horizontal swing low support, 100% fibonacci extension, 38.2% fibonacci retracment) where it might rise up to our resistance at 147.98 (horizontal swing high resistance). Stochastic is approaching support where we might see a corresponding rise in price should it bounce off this level. Trading CFDs on margin...
Price is testing our first resistance at 1.3259 (horizontal overlap resistance) and a strong reaction might occur to push price down to our major support at 1.3204 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is seeing a bearish exit and we might see a corresponding drop in...
Price is approaching our first support at 145.89 (horizontal swing low support, 100% fibonacci extension, 38.2% fibonacci retracment) where it might rise up to our resistance at 147.98 (horizontal swing high resistance). Stochastic is approaching support where we might see a corresponding rise in price should it bounce off this level. Trading CFDs on margin...
EURCHF is approaching our first support at 1.1511 (horizontal swing low support, 50% fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 1.1582 (horizontal swing pullback resistance, 50% fibonacci retracement, 100%, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching support and we might see a...