Market analysis from FXCM
Prices are facing bullish pressure from our ascending trend line and support level, in line with our 61.8% retracement and 78.6% extension where we could see a bounce above this level . Ichiomku cloud and EMA are showing signs of bullish pressure as well.
Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards -61.8% FIbonacci retracement and 127.2% Fibonacci extension. If prices push downwards, prices might take support from horizontal support in line with 50% Fibonacci...
Prices are approaching resistance where we could see a reversal below this level.
Prices are facing bearish pressure where we could see a furhter downside below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.
Prices are facing bullish pressure from pivot level in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push up towards 1st resistance in line with -27.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from 1st support in line with 50% Fibonacci retracement. EMA is below...
Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension. If prices push down further, prices might take support on horizontal swing low support in line with 78.6% Fibonacci...
Prices are approaching our support in line with our graphical support level, 38.2% retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
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Prices is facing bullish pressure from our ascending trend line where we could see a bounce above this level. Stochastic is approaching support as well where we could see a bounce here.
Prices are facing bullish pressure from horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement. If prices push lower, prices might take support from horizontal swing low support which coincides with 78.6% Fibonacci...
Prices are approaching support where we can see a bounce above this level. Stochastic is approaching support as well, in line with our bullish bias.
Prices are facing bullish pressure from ascending trendline support and horizontal pullback support, in line with 50% FIbonacci retracement and 61.8% Fibonacci extension. Prices might push up further towards 1st resistance in line with horizontal swing high resistance, 127.2% Fibonacci retracement and 161.8% Fibonacci extension. If prices fall through 1st support,...
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through a pivot, prices might continue...
Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension, and 161.8% Fibonacci retracement. If prices push higher, prices might face resistance from 1st resistance in...
Prices are facing bearish pressure from descending trendline resistance, which is in line with 61.8% fibonacci extension and retracement, where we could see a further drop below this level towards our Take profit.
Prices are facing bearihs pressure from pullback resistance, in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support which is in line with 78.6% Fibonacci retracement and horizontal swing low support. If prices push up further, prices might face resistance from 78.6% Fibonacci retracement and 78.6%...
Prices are facing bearish pressure from our resistance and descending trend line where we could see a further drop below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well in line with our bearish bias.