Market analysis from Tickmill
Price is testing our first resistance at 110.83 (horizontal overlap resistance, 78.6% fibonacci retracement, 61.8%, 100% fibonacci extension) and might drop to our major support at 109.94 (horizontal swing low support, 38.2 fibonacci retracement, 61.8%, 100% fibonacci extension). RSI (89) is also approaching our resistance where we might see a corresponding drop...
EURAUD is approaching its resistance at 1.5623 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially react off, causing price to fall to its support at 1.5458 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) Stochastic (55, 5, 3) is approaching resistance where we...
USDCAD is approaching our first support at 1.2959 (horizontal overlap support, 76.4% Fibonacci retracement, 100% Fibonacci extension). A bounce might occur above this level pushing price up to our major resistance at 1.3015 (61.8% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a rise in price...
EURJPY is approaching our first resistance at 130.30 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 128.97 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,3) is also seeing a bearish divergence and...
NZDUSD is approaching our first resistance at 0.7033 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.6985 (horizontal swing low support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also...
EURCHF is approaching our first support at 1.1581 (horizontal overlap support, 23.6%, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.1658 (horizonal swing high resistance, 61.8% Fibonacci...
EURUSD is approaching our first support at 1.1733 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) where price might potentially rise our major resistance at 1.1799 (horizonal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with our short-term descending resistance line. Stochastic...
NZDUSD is approaching our first support at 0.6992 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might potentially rise our major resistance at 0.7039 (horizonal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a...
USDCHF is approaching our first resistance at 0.9891 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and price might potentially drop to our major support at 0.9840 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance and a reaction...
EURAUD is approaching our first resistance at 1.5468 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.5402 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line...
GBPAUD is approaching our first resistance at 1.7593 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.7479 (horizontal swing low support, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line...
AUDJPY is approaching our first resistance at 84.78 (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 82.78 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a...
NZDJPY is approaching our first resistance at 77.62 (horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 76.17 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major resistance and a...
USDCAD is approaching our first resistance at 1.3040 (horizontal swing high resistance, 61.8% Fibonacci extension) and price might potentially drop below this level to our major support at 1.2898 (horizontal overlap support, 76.4% Fibonacci retracement, short term ascending support line). Ichimoku cloud is also showing signs of bearish pressure in line with our...
GBPUSD is approaching our first support at 1.3370 (horizontal swing low support, 38.2% Fibonacci retracement) which coincides with our short term ascending support line where a strong bounce might occur, pushing price up to our major resistance at 1.3466 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Ichimoku cloud is...
AUDUSD is approaching our first resistance at 0.7612 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and is testing our short term ascending pullback resistance line where price might potentially drop to our major support at 0.7561 (horizontal swing low support). RSI (55) is approaching our resistance and a reaction off this...
EURUSD is approaching our first resistance at 1.1826 (horizontal overlap resistance, 61.8% Fiboancci retracement) and price might potentially fall to our major support at 1.1646 (horizontal overlap support, 61.8% Fibonacci retracement). A breakout below our intermediate support at 1.1729 (horizontal overlap support, 38.2% Fibonacci retracement) might provide the...
NZDJPY broke past its support turned resistance at 77.41 (horizontal overlap resistance) where price could potentially fall further to its major support at 76.49 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop down could occur.