XAUUSD is approaching our first support at 1286.39 (horizontal swing low support, 61.8% Fibonacci retracement). A strong bounce might occur above this level pushing price up to our major resistance at 1301.80 (horizontal swing high resistance, 61.8 % Fibonacci extension).
Stochastic is also approaching support and seeing a bullish divergence in line with our...
AUDCAD is approaching our first support at 0.9665 (horizontal overlap support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9740 (horizontal overlap resistance, 61.8% Fibonacci retracement). A breakout above our intermediate resistance at 0.9709 (horizontal overlap resistance, 23.6% Fibonacci retracement) might...
CADJPY is testing major resistance at 86.26 (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance, pullback to descending resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 85.86 (Fibonacci retracement, horizontal overlap support).
RSI (55) sees descending resistance line provide...
CADCHF is testing major support at 0.7716 (Fibonacci retracement, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to push prices all the way up to major resistance at 0.7851 (Fibonacci extension, horizontal swing high resistance).
Stochastic (55,5,3) is seeing major support above 6.4% where a...
AUDCAD is fast approaching major resistance at 0.9705 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 0.9644 (Fibonacci retracement, horizontal pullback support).
Stochastic (89,5,3) is seeing major resistance at 91% where a corresponding...
GBPJPY is testing major resistance at 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 147.14 (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance below 94% where a corresponding...
NZDCHF is seeing major support at 0.6858 (Fibonacci extension, bullish harmonic formation, horizontal swing low support) and a strong bounce could occur at this level to push prices up to major resistance at 0.6929 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 2.7% where a...
USDJPY is testing major resistance at 110.95 (Fibonacci retracement, Fibonacci extension, Elliott wave structure, bearish harmonic formation) and a strong drop could occur from here to push price all the way down to major support at 108.89 (Fibonacci retracement, horizontal swing low support). We do have to be wary of intermediate support at 110.00.
Stochastic...
AUDJPY is testing major resistance at 83.36 ( Fibonacci retracement , Fibonacci extension , horizontal overlap resistance, descending resistance, bearish divergence) and a strong drop could occur from here pushing price down to major support at 82.25 ( Fibonacci extension , horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance below 96%...
XAUUSD is seeing major support above 1285 ( Fibonacci retracement , fibonacci extension , bullish divergence ) and a strong bounce could occur at this level to push prices all teh way up to major resistance at 1302 ( Fibonacci retracement , fiubonacci extension, horizontal pullback resistance).
Stochastic (55,5,3) also sees major support above 2.7% where a...
Bitcoin is seeing major resistance at 8506 (Fibonacci retracement, Fibonacci extension, small horizontal overlap resistance, price action, descending resistance and bearish ichimoku cloud). This all points to further downside potential on Bitcoin. If price drops from here, it could potentially drop to major support at 8122 (Fibonacci extension, horizontal swing...
AUDUSD is testing major resistance at 0.7542 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 0.7476 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support).
Stochastic (21,5,3) is seeing major resistance at 92% where a corresponding reaction...
EURUSD has broke major resistance-turned-support at 1.1819 (23.6% Fibonacci retracement, horizontal overlap support, bullish exit of descending resistance) and this has triggered a potential bullish exit that could see price rise all the way to major resistance at 1.1873 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance).
Stochastic...
NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is also seeing major resistance at 91% where a...
EURAUD is testing major support at 1.5772 (long term ascending support line, Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level pushing price all the way up to major resistance at 1.6137 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance). We identified second support at...
GBPJPY is testing major resistance at 149.18 (Fibonacci retracement, bearish divergence, horizontal overlap resistance) and a strong drop could occur at this level to push price all the way down to major support at 147.50 (Fibonacci retracement, horizontal swing low support, Fibonacci extension).
Stochastic (89,5,3) is also seeing major resistance below 96% where...
USDJPY remains in a strong ascending channel and is also above our Ichimoku cloud signalling that there’s strong bullish momentum. Price could potentially drop to our first major support at 109.98 (Fibonacci retracement, Fibonacci extension, horizontal pullback support) for a bounce to at least 110.86 resistance (major 61.8% Fibonacci retracement).
RSI (89) has...
CADCHF has broken major support-turned-resistance level at 0.7809 (Fibonacci retracement, horizontal overlap resistance) and remains below our Ichimoku cloud signalling that there is bearish momentum. Our next resistance is at 0.7830 which is above our 61.8% Fibonacci retracement and also at a swing high resistance. Price could potentially drop all the way to...
