Potential reversal at weakness at 90.98 (LT 61.8% Fibonacci extension, LT 38.2% Fibonacci retracement, 100% Fibonacci extension, multiple swing high resistance) where price could potentially drop to its support at 90.18 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 97%...
We see BTCUSD being held up by its ascending channel where we expect it to rise further. We are looking at a potential bounce on weakness at 9129 (horizontal pullback support) where price could rise to its resistance at 10222 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance).
RSI (55) is being held up by an ascending line and...
GBPUSD bounced nicely off its support at 1.3930 (100% Fibonacci extension) where it could rise further if it breaks out of its immediate resistance at 1.3992 (horizontal overlap resistance, descending channel). Once this level is broke, a bullish acceleration could be triggered, causing price to rise to its resistance at 1.4176 (61.8% Fibonacci extension, 61.8%...
SPX500USD has broken out of its ascending support turned resistance line where it could potentially drop further. If it breaks past its support at 2662 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support), it could fall to its next support at 2630 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing low...
UKOIL is approaching its resistance at 75.86 (L T 100% Fibonacci extension, 100% & 61.8% Fibonacci extension, ascending channel) where a reaction could occur, causing price to fall to its support at 71.28 (50% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support). We have also identified another resistance at 77.56 (100% Fibonacci...
GBPJPY tested its support at 150.58 (61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support, ascending support line) where it could potentially rise to its resistance at 152.19 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could rise to its next resistance at 153.85 (100% Fibonacci...
ASX is approaching its resistance at 5911 (76.4% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 5823 (38.2% Fibonacci retracement, 61.8% Fibonacci extension). We have also identified another resistance at 5951 (100% & 61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5,...
Price is testing its resistance at 1.0663 (100% Fibonacci extension, 50% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could react off it, pushing it all the way down to its support at 1.0605 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). If it breaks past this level, it could fall to its next support at...
Price is testing its support at 1.2627 (76.4% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 1.2730 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal pullback resistance). If it breaks past this level, it could rise further to 1.2829 (76.4% Fibonacci retracement,...
XAUUSD broke out of its long term and short term ascending support line. If it breaks past its support at 1342 (100% Fibonacci extension, 61.8% & 76.4% Fibonacci retracement, horizontal swing low support), it could potentially fall to its next support at 1336 (61.8% Fibonacci retracement, horizontal swing low support). We have also identified another resistance at...
AUDJPY bounced nicely from its support where it could potentially rise further to its resistance at 83.40 (61.8% Fibonacci retracement). There is however an intermediate resistance at 83.01 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) that we have to be cautious about.
Stochastic (89, 5, 3) bounced nicely off its support...
DXY is approaching its resistance at 90.08 (61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially reaction off it, causing price to fall to its support at 89.67 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance at 90.28 (61.8% Fibonacci extension, 76.4%...
EURAUD is testing its resistance area at 1.5997 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, 50% Fibonacci retracement) where potential reversal may occur, causing price to drop to its support at 1.5923 (61.8% Fibonacci extension, 50% Fibonacci retracement). We have also identified another resistance at 1.6036 (100% Fibonacci extension).
Stochastic...
XAAUUSD is being held up by a long term and short term ascending support line. It tested its support at 1328 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 1363 (61.8% Fibonacci extension, horizontal swing high resistance). We have also...
NZDUSD is approaching its support at 0.7302 (100% Fibonacci extension x2, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement) where a potential bounce could happen, causing price to rise to its resistance at 0.7338 (38.2% Fibonacci retracement, horizontal overlap resistance). If it breaks past this level, it could rise to 0.7395 (61.8% Fibonacci extension,...
SPX500USD is testing its resistance at 2709 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop its first support at 2675 (23.6% Fibonacci retracement, horizontal pullback support). If it breaks past this level, it could potentially fall to its next support at 2629 (100%...
AUDUSD broke out of its descending resistance line where it could potentially bounce on weakness at 0.7746 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where prices could rise all the way up to its resistance at 0.7845 (76.4% Fibonacci retracement, 100% Fibonacci extension, 61.8% Fibonacci extension). We have also identified...
ASX is approaching its resistance at 5861 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, 50% Fibonacci retracement) where it could potentially react off it, causing price to drop to its first immediate support at 5811 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). If it breaks past this level, it could drop to the next support at 5774 (61.8%...
