Price may have made a breakout from the lower support (now resistance) of the ascending trendline channel and may have form a possible double top pattern. Price may bearish from 1st resistance at 1.6397 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci extension to 1st support at 1.16084 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci...
Price is approaching the support of the descending price channel and above the Daily ascending trendline support. Price may bounced from 1st support at 1.82555 in line with Horizontal swing low and 61.8% Fibonacci extension to 1st resistance 1.84728 in line 50% Fibonacci retracement with 61.8% Fibonacci extension. Our bullish view is further supported by how RSI...
Price is above 1st support at 1.27205 in line with 38.2% Fibonacci retracement and 23.6% Fibonacci extension. It could potentially bullish from 1st support at 1.2705 in line with 38.2% Fibonacci retracement and 23.6% Fibonacci extension to 1st resistance at 1.28183 in line with Horizontal swing high and 61.8% Fibonacci extension. Our bullish bias is further...
Price has shown a bearish breakout below the neckline of the Head and Shoulder pattern and also is holding below the EMA as well. We could see a further drop from 1st resistance at 1.24098 in line with graphical overlap resistance and 23.6% Fibonacci extension and towards 1st support at 1.21610 in line with -27.2% Fibonacci retracement and 61.8% Fibonacci...
Price has shown a bullish breakout from the Daily descending trendline resistance (now support) and is also holding above the EMA as well. We could see a further rise from 1st support at 0.73722 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci extension and towards 1st resistance at 0.74783 in line with Horizontal swing high and 78.6% Fibonacci...
Price is holding above the Daily descending trendline resistance (now support) and 1st support at 0.921191 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. A further push up from 1st support towards 1st resistance at 0.93131 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension may be expected. It is worth noting that...
Price has shown a bullish breakout from the descending trendline resistance-turned-support, and is also holding above the moving average as well. We could see a further rise from 1st support at 0.69519 in line with 50% Fibonacci retracement and horizontal overlap support, towards 1st resistance at 0.70270 in line with 78.6% Fibonacci retracement and 127.2%...
Price is reacting above 1st support at 1.35438 in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. It could potentially bounce from 1st support at 1.35438 in line with 50% Fibonacci retracement and 127.2% Fibonacci extension to 1st resistance at 1.37172 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Our bullish view is...
AUDUSD is reversed off from the upper resistance of the ascending price channel in line with 1st resistance at 0.73729 in line with 61.8% Fibonacci retracement and 100% Fibonacci extension. Price is likely to bearish from 1st resistance at 0.73729 in line with 61.8% Fibonacci retracement and 100% Fibonacci extension to 1st support at 0.72796 in line with 61.8%...
CHFJPY is approaching the upper resistance of the ascending price channel in line with 1st resistance at 121.675 in line with Horizontal swing high and 100% Fibonacci extension . Price is likely to reverse off from 1st resistance at 121.675 in line with Horizontal swing high and 100% Fibonacci extension to take 1st support at 120.242 in line with 23.6% Fibonacci...
EURNZD is holding below descending trendline resistance and may bearish from 1st resistance at 1.67070 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci extension towards 1st support at 1.65540 in line Horizontal swing low and 78.6% Fibonacci extension. Our bearish view is further supported by how MACD is holding below the 0 line. Otherwise price may...
AUDJPY is see to be holding in a potential triangle pattern and may bearish from 1st resistance at 81.411 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension to 1st support at 79.901 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Our bearish bias is further supported by how MACD is showing a bearish negative divergence....
UKOIL is approaching the upper resistance of the ascending price channel in line with 1st resistance at 83.09 in line with Horizontal swing high and 78.6% Fibonacci extension. Price is likely to reverse off from 1st resistance at 83.09 in line with Horizontal swing high and 78.6% Fibonacci extension to take 1st support at 78.80 in line with 61.8% Fibonacci...
GBPJPY is holding below descending trendline resistance and may bearish from 1st resistance at 151.529 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension to 1st support at 149.232 in line with Horizontal swing low and 61.8% Fibonacci extension. Our bearish view is further supported by how Stochastic is reacting below resistance where price...
USDCAD is facing bearish pressure, potential for more downside ! Price has made a bearish breakout from the triangle pattern, we are expecting price to push down from 1st resistance at 1.26721 in line with 23.6% Fibonacci resistance and 23.6% Fibonacci extension to 1st support at 1.24934 in line with -0.272% Fibonacci retracement and 100% Fibonacci extension. Our...
UKOIL is holding below 1st resistance at 79.28 in line with 61.8 Fibonacci retracement and 38.2% Fibonacci extension and may bearish towards 1st support at 76.10 in line 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Our bearish is further supported by how MACD is showing a bearish signal where the signal line is above the MACD line. Otherwise price...
CADJPY is holding below 1st resistance at 88.318 in line with Horizontal swing high and 61.8% Fibonacci extension and may bearish towards 1st support at 86.838 in line Horizontal swing low and 61.8% Fibonacci extension. Our bearish is further supported by how RSI is reacting below the resistance where price dropped in the past. Otherwise price may bullish towards...
USDCHF is holding below 1st resistance at 77.732 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension and may bearish towards 1st support at 76.780 in line 61.8 Fibonacci retracement and 61.8% Fibonacci extension. Our bearish is further supported by how price is holding below the EMA and RSI is showing a negative bearish divergence. Otherwise...