Litecoin is now testing strong resistance at 183 (descending resistance line, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 167 support (Fibonacci extension, horizontal swing low support). We have to keep an eye out on our ascending support line as only a break of that would signal...
AUDUSD remains in our ascending support channel and is now testing major support at 0.8021 (pullback support, ascending channel support). We could expect more bullish momentum driving price all the way up to 0.8112 resistance (Fibonacci extension, horizontal swing high resistance).
RSI (34) sees immediate support at 37% where we expect further bullish momentum...
Litecoin continues to test strong resistance at 183 (descending resistance line, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down towards 167 support (Fibonacci extension, horizontal swing low support). We have to keep an eye out on our ascending support line as only a break of that would...
Ripple has made a bullish exit of our long term descending resistance-turned-support line triggering a potential bullish move to push price up towards 1.7564 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance). Our 1st support remains at 1.2007 (pullback support, overlap support).
Stochastic (55,5,3) is seeing ascending support...
Litecoin is rising slowly towards major resistance at 214 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this price to push price down to at least 144 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 96% where a possible corresponding...
NZDJPY is approaching major support and a potential bounce could occur at 79.45 (Fibonacci retracement, Fibonacci extension, Elliott wave structure) to push price up towards 80.51 (Fibonacci retracement, Elliott wave structure, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 1.7% where a corresponding bounce could...
Ethereum is rising nicely as expected and we can see an impulse Elliott wave formation with first major support at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure).
RSI (34) is seeing ascending...
Gold tested our major resistance and reversed perfectly from 1361 (ABC Fibonacci extension, horizontal swing high resistance) pushing price all the way down to our 1344 support (Fibonacci retracement, horizontal pullback support) as expected before bouncing up. This remains the key support to be broken before potentially another drop to 1325 support (Fibonacci...
Bitcoin has tested our descending resistance and continues to test major resistance at 11790 (61.8% Fibonacci retracement, horizontal overlap resistance, long term descending resistance line) where a strong reaction could occur at this level to push price down towards 9470 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing...
Gold is testing major resistance at 1361 (ABC Fibonacci extension, horizontal swing high resistance) and a reversal could occur at this level to push price down towards 1344 support (Fibonacci retracement, horizontal pullback support) before 1325 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 99%...
Ethereum has made a bullish exit of our long term descending resistance-turned-support line triggering more bullish momentum. We’re seeing intermediate ascending support holding it up really nicely too. Our major support is at 1008 where a further bounce could occur towards 1164 resistance (Fibonacci retracement, horizontal swing high resistance).
RSI (34) has...
Bitcoin is fast approaching major resistance at 11790 (61.8% Fibonacci retracement, horizontal overlap resistance, long term descending resistance line) and a strong reaction could occur at this price to push price down towards 9470 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 96% where a...
EURUSD is testing major resistance at 1.2294 (Fibonacci extension, horizontal swing high resistance, bearish butterfly harmonic formation) and a strong drop could occur from this level pushing price all the way down to 1.2090 support (Fibonacci retracement, horizontal pullback support).
Stochastic (55,5,3) is seeing major resistance at 97% where a corresponding...
EURGBP is now testing major support at 0.8766 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and a bullish bounce could occur at this level pushing price up to at least 0.8914 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (21,5,3) is seeing major support above 4.3% where a corresponding bounce could...
Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long term ascending support-turned-resistance line and coupled with a bearish divergence, this could be the setup for a strong drop.
RSI (34) has made a bearish exit of...
Ripple remains above major support at 1.2007 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price all the way up to 1.7564 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 39% where a bounce could occur in the intermediate future. It...
Litecoin is in a descending channel with first major support at 167.12 (Fibonacci retracement, horizontal swing low support). Only a break of this support could trigger a bearish move down to 140.49 support (Fibonacci extension, horizontal swing low support).
RSI (34) is in a descending channel similar to the one we’re seeing in price.
Trading CFDs on margin...
EURAUD is testing major resistance at 1.5354 (Fibonacci retracement, horizontal overlap resistance) and a reaction off this level could be expected to push price down to 1.5267 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 97% where a corresponding reaction could occur.
Trading CFDs on margin...
