ASX is approaching our first resistance at 5927.6 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 5694.0 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement.
Stochastic (89,5,3) is also approaching resistance where we might...
USDJPY is approaching our first support at 113.03 (horizontal pullback support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major support at 115.38 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Ichimoku cloud is also showing signs of bullish pressure in line...
XAUUSD is approaching our first resistance at 1211.01 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1191.66 (horizontal swing low support, 78.6%, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also...
