Market analysis from Tickmill
AUDNZD is approaching our first support at 1.0623 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 1.0691 (50% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension). A breakout of our intermediate resistance at 1.0657 (horizontal overlap...
BTCUSD is approaching our first major support at 8347.1 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, Horizontal overlap support). A strong bounce could occur at this level, pushing price up to our major resistance at 9492.3 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance). A breakout of our intermediate...
GBPJPY reacted off our first resistance at 150.0 (horizontal swing high resistance, 100% Fibonacci extension). A strong reaction might occur pushing price down to our major support at 147.92 (horizontal swing low support, 61.8% Fibonacci extension). A breakout of our intermediate support level at 148.58 (horizontal overlap support, 50% Fibonacci retracement) might...
GBPUSD is approaching our first major resistance at 1.4200 (76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support at 1.3997 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support...
AUDUSD is approaching our first major resistance at 0.7773 (38.2% Fibonacci retracement, horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our major support at 0.7678 (horizontal swing low support). Stochastic (21,5,3) has also reacted off its major resistance at 95% and we might see a corresponding drop in price....
USDJPY is approaching our first support at 105.63 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). A strong bounce might occur at this level pushing price up to our major resistance at 106.64 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). A breakout of our intermediate resistance...
AUDUSD is approaching our first resistance at 0.7712 (horizontal overlap resistance, breakout level) and a strong reaction might occur, pushing price down to our major support at 0.7503 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). We need to watch for a break out of our intermediate support level at 0.7652 (horizontal...
NZDUSD broke out of its short term ascending pullback resistance line and is currently testing our first resistance level at 0.7186 (horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our intermediate support level at 0.7109 (50% Fibonacci retracement, 100% Fibonacci extension). Should price break out of this level,...
GBPJPY reacted off its first resistance level at 149.71 (78.6% Fibonacci retracement, horizontal swing high resistance, 61.8% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support at 147.01 (Horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). A break out of its intermediate...
AUDNZD is approaching its major resistance at 1.0729 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension) which coincides with the short term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 1.0634 (61.8% Fibonacci extension, horizontal swing low...
DXY approaching resistance at 90.34 (61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially fall to its 1st support at 89.52 (61.8% Fibonacci extension, 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have identified another resistance area at 91.01 (61.8% Fibonacci extension, L T 61.8%...
EURUSD approaching its support at 1.2260 (61.8% Fibonacci retracement, horizontal overlap support). We have also identified an impulsive Elliot Wave, where price could potentially rise to its 1st resistance at 1.2346 (horizontal pullback resistance) or if it breaks past this level, could potentially rise further to its 2nd resistance at 1.2411 (horizontal swing...
GBPUSD is testing its major support at 105.83 (78.6% Fibonacci retracement , horizontal overlap support). A strong reaction could occur at this level, pushing price up to our next major resistance at 106.41 (horizontal overlap resistance, 50% Fibonacci retracement , 61.8%, 100% Fibonacci extension ). A break out of the short term descending resistance line would...
is testing major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement ). A strong bounce could occur at this level, pushing price up to our next major resistance at 1.3996 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ). Stochastic (34,5,3) is also seeing a bounce off its ascending support...
AUDNZD is approaching our first resistance at 1.0670 (23.6% Fibonacci retracement, horizontal overlap support, 61.8% Fibonacci extension). A strong reaction could occur at this level pushing price down to our major support at 1.0636 (horizontal swing low support, 100% Fibonacci extension). RSI (21) is also approaching its major descending resistance line and we...
GBPUSD is approaching first support at 1.3997 (horizontal pullback support, 23.6% Fibonacci retracement, 100% Fibonacci extension). A strong reaction could occur at this level, pushing price up to our second resistance at 1.4148 (76.4% Fibonacci retracement, horizontal swing high resistance). A breakout of our first resistance at 1.407 would provide a further...
NZDUSD is approaching our first support level at 0.7218 (horizontal overlap support, 61.8% Fibonacci retracement). A strong reaction might occur at this level pushing price up to our first resistance level at 0.7260 (horizontal swing high resistance, 38.2% Fibonacci retracement). If price breaks out of this level, it could potentially rise to our second resistance...
USDJPY is approaching its major resistance at 106.43 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our next major support at 105.63 (horizontal swing low support) which coincides with our short term ascending support line. Stochastic (21,5,3) is approaching...