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Prices have been testing a key resistance zone at 0.6280 on the H4 timeframe, in line with the 38.2% Fibonacci retracement. A pullback to this level could present an opportunity to ride the drop to the support zone at 0.6150, which coincides with the graphical low and 23.6% Fibonacci extension. Stochastic RSI is approaching the overbought region above 80, while...

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Prices have tested a key support zone at 1.0780 on the D1 timeframe. A throwback to this level, which is in line with the 61.8% Fibonacci retracement, could present an opportunity to ride the bounce to the resistance zone at 1.1150. A break above this level would be an upside confirmation, which could provide the bullish acceleration to the next resistance zone at...

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Prices are testing a key resistance zone at 0.6520 on the H1 timeframe. A throwback to the support zone at 0.6450, which coincides with the 50% Fibonacci extension, could present an opportunity to ride the bounce to the resistance zone at 0.6520.

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On the Daily time frame, prices are testing a key support zone at 1.0550 and a break and close below this zone could provide the bearish acceleration to the next support zone at 1.01800, which lines up with the 50% Fibonacci retracement. Stochastic is showing a bearish divergence and testing resistance where we could see a further downside, in line with prices.

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On the H4 time frame, a pullback to the support zone at 0.63800 which coincides with the Fibonacci confluence levels and ascending trend line presents an opportunity to play the bounce to the resistance target at 0.65800. Ichimoku cloud is showing signs of bullish pressure as well, supporting the bullish bias.

OrtegaCapital

On the H4 time frame, we are seeing a bearish order flow with prices facing bearish pressure from the resistance at 1.1900. Prices are currently testing a key support level 1.165, in line with the 100% Fibonacci extension and a break below this support zone at 1.1650 can provide the bearish acceleration to our next support target at 1.1480. Prices are holding...

OrtegaCapital

On the H4 timeframe, prices are testing a key support level at 1.010 where we could see further upside. A throwback to support level 1.0180, in line with the 61.8% Fibonacci extension provides an opportunity to play the bounce, with 1.0380 as the resistance target which coincides with the 50% Fibonacci retracement.

OrtegaCapital

On the H1 timeframe, prices are holding above a key support level 1.03800. A throwback to support level at 1.04500, in line with the 0.618 Fibonacci extension provides an opportunity to play a bounce with 1.06500 as the resistance target, in line with the 61.8% Fibonacci retracement.

OrtegaCapital

On the H1 timeframe, prices are showing a bullish order flow. A throwback to the support area 1.21800, in line with the 78.6%, 127.2% Fibonacci extension and 50% Fibonacci retracement and ascending trend line provides an opportunity to play the bounce to the next resistance target at 1.24800. Prices are holding above Ichimoku cloud and Stochastic shows further...

OrtegaCapital

Prices are holding above a key support level on the monthly time frame, and we are seeing bullish order flow on the H2 time frame with prices forming higher highs. A throwback to the support area at 1830.80, in line with the 50% Fibonacci retracement and 1.272% fibonacci extension could provide an opportunity to play the bounce with 1917.80 as the resistance...

OrtegaCapital

On the H1 time frame, prices are showing bullish order flow, with higher highs and higher lows being formed. A pullback to test the support at 1.75822, in line with the 127.2% Fibonacci extension, 78.6% fibonacci retracement and ascending trend line provide an opportunity to play the bounce to the next resistance target at 1.79551, in line with the 200% Fibonacci...

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On the H1 timeframe, Stochastic is bouncing from support which indicates opportunity for a bullish bounce. This presents an opportunity for a bullish play at 0.94030 level, in line with Fibonacci confluence and graphical support.

OrtegaCapital

On the H1 timeframe, prices are holding above the Ichimoku cloud and moving average supports. This presents an opportunity for a bullish bounce at the 0.93513 level, in line with Fibonacci confluence level and graphical support.

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Prices mitigated a key support area on the H4 time frame where we could see limited upside on the H1 time frame. A pullback to our support zone at 1.12954 in line with the 127.2% Fibonacci extension and M1 order block presents an opportunity to play the bounce to the next resistance area at 1.13969. Stochastic is facing bullish pressure from its support at 9.65 as...

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On the H2 time frame, prices tapped into a resistance area at 1.27735, in line with the graphical resistance area and 100% Fibonacci extension. This presents an opportunity to play the drop to the next support target at 1.26504, in line with the fibonacci confluence level and graphical support. Stochastic is reaching our resistance as well where we could see a...

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On the H1 time frame, we are seeing a potential opportunity to play the bullish bounce from 1798.32, an area of Fibonacci confluence, towards the next resistance level at 1814.31. Price continues to hold above the moving average, which acts as a dynamic resistance.

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On the H1 time frame, we are seeing possible bullish rise at 1.04140, which is an area of Fibonacci confluence in line with the 38.2% Fibonacci retracement and 78.6% Fibonacci extension. This presents an intraday opportunity to play the bounce towards the next resistance zone at 1.04348 as price holds above the Ichimoku cloud.

OrtegaCapital

On the H2 time frame, we are seeing bearish order flow and a pullback to test its resistance zone at 83.97, in line with the 78.6% fibonacci retracement presents an opportunity to play the drop. RSI is also showing further upside before prices entered the overbought region and Ichimoku is showing signs of bearish pressure, in line with our bearish bias. That said,...