AUDJPY broke out of its short-term descending resistance-turned-support line and is currently testing our first resistance at 83.07(horizontal overlap resistance) where a breakout above this level might occur, pushing price up to our major resistance at 84.60 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is...
AUDUSD is approaching our first resistance at 0.7478 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 0.7418 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias....
GBPUSD is approaching our first support at 1.3467 (horizontal overlap support, 38.2% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3572 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic is also approaching our major support in line with the potential downside in price...
GBPJPY is approaching our first resistance at 149.21 (horizontal swing high resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level pushing price down to our major support at 147.08 (horizontal swing low support, 76.4% Fiboancci retracement). A breakout below our intermediate support at 147.42 (horizontal swing low support, 100%...
CHFAUD is approaching our first resistance at 1.3412 (horizontal swing high resistance, 38.2%, 78.6% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.3204 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic is also approaching our major resistance...
XAUUSD is approaching our first resistance at 1317.76 (horizontal overlap resistance, breakout level, 38.2% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 1302.72 (horizonal swing low support, 161.8% Fibonacci retracement).
RSI (34)...
GBPJPY is approaching our first support at 147.11 (horizontal swing low support, 78.6% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 152.44 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). A breakout above our intermediate resistance at 150.60 (horizontal...
AUDJPY is approaching our first resistance at 83.02 (horizontal swing high resistance, 61.8% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 81.22 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement)....
EURAUD is approaching our first support at 1.5779 (horizontal overlap support, 23.6%, 38.2% Fibonacci retracement) 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 1.6130 (horizontal swing high resistance, 100% Fibonacci extension). A breakout above our...
CHFAUD is approaching our first support at 1.3204 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3412 (horizontal overlap resistance, 78.6% Fibonacci retracement).
RSI (55) is also seeing a bullish divergence and we might see a corresponding rise in price....
GBPAUD is approaching our first support at 1.7906 (horizontal overlap support, 23.6%, 61.8% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.8189 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,3,5) is also seeing a bullish divergence and is...
USDCAD is approaching our first resistance at 1.2814 (horizontal overlap resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.2647 (horizontal overlap support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension). A breakout below our intermediate support at 1.2730 (horizontal...
XAUUSD is approaching our first resistance at 1325.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 1302.72 (horizontal swing low support, 161.8% Fibonacci...
XAUUSD is approaching our first resistance at 1325.87 (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension). A strong drop might occur below this level, pushing price down to our major support at 1302.72 (horizontal swing low support).
Stochastic is also approaching our major resistance where a reaction off this level might be...
EURAUD is approaching our first support at 1.5794 (horizontal swing low support, 38.2% Fiboancci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.5964 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our major support where a bounce off this level might be...
USDJPY is approaching our first support at 109.24 (horizontal overlap support, short term ascending support line, 61.8% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 110.33 (horizontal overlap resistance, 61.8% Fibonacci retracement). A breakout above our intermediate resistance at 109.97...
EURUSD is approaching our first resistance at 1.1932 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.1736 (horizontal swing low support). A breakout below our intermediate support at 1.1826 (horizontal swing low support) might...
EURJPY is approaching our first support at 129.97 (horizontal overlap support, 38.2% Fibonacci retracement) and broke out of our descending channel resistance. A strong bounce might occur above this level, pushing price up to our major resistance at 131.87 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is...
