Bund is seeing major support above 160.40 (100% Fibonacci extension, 78.6% Fibonacci retracement) and a potential bounce could occur at this level to drive price up to at least 161.88 (38.2% Fibonacci retracement, horizontal pullback resistance, 61.8% Fibonacci extension).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so...
USDJPY has dropped nicely from our pullback resistance level of 110.96 as expected (major 50% Fibonacci retracement, horizontal overlap support stretching back to mid August 2017). More bears have jumped into this trade and this could drive price down towards 109.88 support (100% Fibonacci extension, Fibonacci retracement, swing low support).
RSI (34) remains in...
Ripple is testing major support at 0.8614 (78.6% Fibonacci retracement, horizontal overlap support, channel support)and a strong bounce could occur at this level to push price up towards 1.5341 resistance (50% Fibonacci retracement, horizontal pullback resistance).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please...
EURAUD is testing major resistance at 1.5423 (50% Fibonacci retracement, horizontal swing high resistance, bearish descending channel) and a strong reaction could occur at this level to push it down towards 1.5310 support (50% Fibonacci retracement, horizontal pullback support).
RSI (34) sees a descending channel signaling intermediate downside pressure.
Trading...
Bitcoin is seeing major support at 10427 (ABC Fibonacci extension, major 50% Fibonacci retracement) and a bounce could occur at this level pushing price up to at least 12844 (38.2% Fibonacci retracement, horizontal pullback resistance) before 14488 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support above...
USDCHF is forming a bullish crab formation with first major support at 0.9605 (ABC Fibonacci extension, bullish harmonic crab formation) and a strong bounce could occur at this level to push price up towards 0.9695 resistance (Fibonacci retracement, horizontal pullback resistance).
Stochastic (34,5,3) is seeing major support above 0.4% where a corresponding...
NZDJPY has continued to bounce up perfectly as expected as it remains in our ascending channel. Major support remains at 80.57 (Fibonacci retracement, bullish channel support) with the next major level of resistance at 81.26 (ABC Fibonacci extension, horizontal swing high resistance).
RSI (34) sees multiple bullish exits signaling that bullish momentum is still...
Litecoin is seeing major support above 222.06 (horizontal swing low support, bullish divergence, Fibonacci retracement) and a strong bounce could occur at this level to push price up towards 244.57 resistance (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support above 3.6% and also sees bullish divergence vs...
EURUSD is forming a strong bearish butterfly reversal formation with first major resistance at 1.2289 (ABC Fibonacci extension, bearish butterfly harmonic formation) and a strong reaction could occur at this level to drive price down towards 1.2090 support (Fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is seeing major resistance below...
USDJPY is making a pullback to our major support-turned-resistance level at 110.96 (major 50% Fibonacci retracement, horizontal overlap support stretching back to mid August 2017). This could be potentially a good level to trigger a strong sell off which could drive price down towards 109.88 support (100% Fibonacci extension, Fibonacci retracement, swing low...
EURCHF is forming a really nice bearish crab formation with first major resistance at 1.1818 (Fibonacci extension, bearish crab harmonic formation, bearish price action) and a strong reaction could occur at this level to drive price down towards 1.1783 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance...
EURAUD is starting to test major resistance at 1.5431 (50% Fibonacci retracement, horizontal swing high resistance) and a potential drop could occur at this level to push price back down to major support at 1.5297 (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance below 98% where a corresponding reaction could...
Bitcoin is seeing major support at 12953 (ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push price up to at least 13753 resistance (Fibonacci retracement, breakout resistance level).
Stochastic (34,5,3) is seeing major support above 7.6% where a corresponding bounce could occur.
Trading CFDs on margin...
NZDJPY remains in a strong ascending support channel stretching back to the beginning of December 2017. Our first major support is at 80.26 (Fibonacci retracement, horizontal overlap support, channel support) and a bounce could occur at this level to push price up towards 81.25 resistance (Fibonacci extension, horizontal swing high resistance).
RSI (55) sees...
USDJPY has finally broken major support at 110.96 (major 50% Fibonacci retracement, horizontal overlap support stretching back to mid August 2017). This could potentially trigger a strong sell off which could drive price down towards 109.88 support (100% Fibonacci extension, Fibonacci retracement, swing low support).
RSI (34) remains in a descending channel...
EURAUD has started to form a really strong reversal signal with a double top being confirmed at 1.5378 (23.6% Fibonacci confirmation level, horizontal pullback resistance). A potential drop could occur from here towards 1.5311 support (above 50% Fibonacci support, horizontal overlap support, double top reversal potential).
RSI (34) sees a couple of recent bearish...
CADJPY has started to bounce off perfectly above our major support at 88.50 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 90.37 resistance (61.8% Fibonacci retracement). We are seeing intermediate resistance at 89.65 (38.2% Fibonacci retracement) too....
Ripple continues its drop and is seeing tremendous bearish pressure as it maintains its bearish channel formation. With continued bearish pressure, we see the first major level of resistance at 2.2225 (38.2% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance, channel resistance) and a further drop could occur below this level towards...
