Market analysis from easyMarkets
NZDUSD is approaching our first resistance at 0.6543 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6429 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure and stochastic (34,5,3) is also...
BTCUSD is approaching our first resistance at 6347 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 5870 (horizontal swing low support, 61.8% Fibonacci extension). RSI (55) is seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on...
NZDCAD is approaching our first resistance at 0.8519 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8374 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see...
XAUUSD is approaching our first support at 1211.39 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1237.40 (horizontal overlap resistance, 38.2% Fibonacci retracement). RSI (89) is also seeing a bullish exit and we might see a...
XRPUSD is approaching our first resistance at 0.4548 (horizontal pullback support, 23.6% Fibonacci retracement) and strong drop might occur below this level pushing price down to our major support at 0.3757 (horizontal pullback support, 76.4% Fibonacci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading...
BTCUSD is approaching our first resistance at 6347 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 5870 (horizontal swing low support, 61.8% Fibonacci extension). RSI (55) is seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on...
GBPAUD is approaching our first support at 1.8451 (horizontal overlap support, 61.8% Fibonacci extension, 38.2%, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price down to our major resistance at 1.9026 (50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. RSI...
CADJPY is approaching our first resistance at 86.25 (horizontal overlap resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 83.84 (horizontal swing low support, 76.4% Fibonacci retracement). A breakout of our intermediate support at 85.82 (61.8% Fibonacci...
XRPUSD is approaching our first support at 0.4548 (horizontal swing low support, 61.8% Fibonacci retracement) and a breakout might occur below this level pushing price down to our major support at 0.3757 (horizontal pullback support, 76.4% Fibonacci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs...
BTCUSD is approaching our first resistance at 6738 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 6523 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci extension). Stochastic (89,5,3) also approaching...
USDCHF is approaching our first resistance at 1.0069 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.9875 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and is seeing a bearish...
EURGBP is approaching support at our first support at 0.8724 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement). A strong bounce might occur above this level pushing price up to our major resistance at 0.8855 (horizontal pullback resistance, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also...
LTCUSD is approaching our first support at 56 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 62.11 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of...
BTCUSD is approaching our first resistance at 6809 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 5890 (horizontal swing low support, 61.8% Fibonacci extension). RSI (34) is also approaching resistance and we might see a corresponding...
GBPCHF is approaching our first support at 1.2894 (horizontal swing low support, 100% Fibonacci extension, 23.6% Fibonacci retracement, ascending channel support) and a strong bounce might occur above this level pushing price up to our major resistance at 1.30909 (horizontal overlap resistance, 78.6% Fibonacci retracement). Ichimoku cloud is also showing signs of...
CHFJPY is approaching our first support at 113.95 (horizontal swing low support) and a breakout below this level might push price down to our major support at 112.12 (horizontal pullback support, long term ascending support line, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our...
XRPUSD is approaching our first support at 0.4548 (horizontal swing low support, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6098 (horizontal swing high resistance, 50% Fibonacci retracement). RSI (34) is also approaching support and we might see a corresponding bounce in price should...