Market analysis from Tickmill
Price is testing our first support at 89.77 (Horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci retracement) and a strong bounce might occur at this level, pushing price up to our major resistance at 90.28 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our...
EURJPY is approaching our first resistance at 132.41 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur at this level, pushing price down to our major support at 131.11 (horizontal swing low support, 50% Fibonacci retracement, short term ascending support line). Stochastic (55,5,3) is also...
EURJPY is approaching our first resistance at 131.62 (horizontal swing high resistance) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 130.84 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short...
Price is testing our first resistance at 1.4905 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.3993 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching our major resistance we might see a...
USDCHF is testing our first resistance at 0.9599 (horizontal overlap resistance) and a strong reaction might occur below this level, pushing price down to our major support at 0.9525 (horizontal swing low support). A breakout below our intermediate support at 0.9566 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement) might provide the bearish...
AUDJPY is approaching our first resistance at 82.59 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction could occur at this level pushing price down to our major support at 81.94 (horizontal overlap support, 38.2% Fibonacci retracement). A breakout below our short term ascending support line might provide the bearish acceleration...
Price is approaching our first support at 0.7248 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.7294 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support which...
AUDUSD is approaching our first support at 0.76555 (horizontal swing low support, 61.8% Fibonacci retracement, short term ascending support line). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7726 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension). RSI (89) is bouncing...
CADCHF is approaching our first resistance at 0.7562 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 0.7429 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish...
EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal swing low support). RSI (89) is also approaching our descending resistance line and a reaction of this level might be a good precursor of a potential drop in price. ...
GBPUSD reacted off our resistance at 1.4096 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance). A strong reaction might occur at this level, pushing price down to our major support at 1.4013 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension,). RSI (55) is also facing bearish pressure from its...
XAUUSD has reacted off its resistance at 1341.91 (horizontal overlap resistance, 61.8% Fibonacci retracement, price action). A strong reaction might occur at this level pushing price down to our major support at 1328.43 (horizontal pullback support, 76.4% Fibonacci retracement). Stochastic (21,5,3) is also reacting off its major resistance at 97%, a good...
AUDNZD is approaching our first resistance at 1.0636 (horizontal overlap resistance, 50% Fibonacci retracement) which coincides with the short term descending resistance line. A strong reaction might occur at this level, pushing price down to our major support at 1.0556 (horizontal swing low support). A breakout of our intermediate support at 1.0596 (horizontal...
USDJPY is approaching our first support at 105.82 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 107.02 (horizontal swing high resistance, 23.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support at 5%, in line with...
USDJPY broke out of its horizontal resistance-turned-support level at 105.60 (horizontal overlap support, breakout level). A strong bounce could occur at this level pushing price up to our major resistance at 106.67 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with the long term descending resistance...
USDJPY broke out of its horizontal resistance-turned-support level at 105.60 (horizontal overlap support, breakout level). A strong bounce could occur at this level pushing price up to our major resistance at 106.67 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with the long term descending resistance...
Price is testing our first support at 1328.73 (horizontal overlap support, 76.4% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might occur above this level to push price up to our major resistance at 1340.80 (61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching our...
EURJPY is testing our first resistance at 131.35 (horizontal swing high resistance, short term descending resistance line, 78.6% Fibonacci retracement). A strong reaction might occur at this level, pushing price down to our major support at 130.52 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3)...