GBPJPY reacted off its first resistance level at 149.71 (78.6% Fibonacci retracement, horizontal swing high resistance, 61.8% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support at 147.01 (Horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). A break out of its intermediate...
AUDNZD is approaching its major resistance at 1.0729 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension) 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 1.0634 (61.8% Fibonacci extension, horizontal swing low...
DXY approaching resistance at 90.34 (61.8% Fibonacci extension, horizontal swing high resistance) where it could potentially fall to its 1st support at 89.52 (61.8% Fibonacci extension, 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have identified another resistance area at 91.01 (61.8% Fibonacci extension, L T 61.8%...
EURUSD approaching its support at 1.2260 (61.8% Fibonacci retracement, horizontal overlap support). We have also identified an impulsive Elliot Wave, where price could potentially rise to its 1st resistance at 1.2346 (horizontal pullback resistance) or if it breaks past this level, could potentially rise further to its 2nd resistance at 1.2411 (horizontal swing...
GBPUSD is testing its major support at 105.83 (78.6% Fibonacci retracement , horizontal overlap support). A strong reaction could occur at this level, pushing price up to our next major resistance at 106.41 (horizontal overlap resistance, 50% Fibonacci retracement , 61.8%, 100% Fibonacci extension ). A break out of the short term descending resistance line would...
is testing major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement ). A strong bounce could occur at this level, pushing price up to our next major resistance at 1.3996 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ).
Stochastic (34,5,3) is also seeing a bounce off its ascending support...
AUDNZD is approaching our first resistance at 1.0670 (23.6% Fibonacci retracement, horizontal overlap support, 61.8% Fibonacci extension). A strong reaction could occur at this level pushing price down to our major support at 1.0636 (horizontal swing low support, 100% Fibonacci extension).
RSI (21) is also approaching its major descending resistance line and we...
GBPUSD is approaching first support at 1.3997 (horizontal pullback support, 23.6% Fibonacci retracement, 100% Fibonacci extension). A strong reaction could occur at this level, pushing price up to our second resistance at 1.4148 (76.4% Fibonacci retracement, horizontal swing high resistance). A breakout of our first resistance at 1.407 would provide a further...
NZDUSD is approaching our first support level at 0.7218 (horizontal overlap support, 61.8% Fibonacci retracement). A strong reaction might occur at this level pushing price up to our first resistance level at 0.7260 (horizontal swing high resistance, 38.2% Fibonacci retracement). If price breaks out of this level, it could potentially rise to our second resistance...
USDJPY is approaching its major resistance at 106.43 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our next major support at 105.63 (horizontal swing low support) which coincides with our short term ascending support line.
Stochastic (21,5,3) is approaching...
EURAUD approaching major resistance at 1.5810 (100% Fibonacci extension, 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a potential drop may occur to its 1st support at 1.5621 (L T 61.8% Fibonacci extension, 61.8% Fibonacci extension, 50% Fibonacci retracement, multiple swing low support). If it breaks past this level,...
EURUSD approaching its support at 1.2276 (61.8% Fibonacci retracement, horizontal swing low) where a potential bounce could occur, causing price to rise to its 1st resistance at 1.2444 (61.8% Fibonacci extension x2, horizontal swing high resistance). If it breaks past this resistance, it could rise to its 2nd resistance at 1.2522 (100% Fibonacci extension,...
GBPUSD is testing its major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement). A breakout this level might provide bearish confirmation and push price down to our next major support at 1.3855 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension).
RSI (55,5,3) is also seeing a bearish exit and is a good...
USDJPY is approaching its major support at 105.84 (78.6% Fibonacci retracement, horizontal overlap support, 61.8%, 100% Fibonacci extension). A strong reaction might occur at this level pushing price up to our next major resistance at 106.37 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also seeing...
GBPJPY reversed nicely off its resistance at 149.372 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its 1st support at 146.167 (L T 61.8% Fibonacci retracement , 76.4% Fibonacci retracement ) or to its 2nd support at 145.140 (Horizontal overlap support). We have also identified...
EURUSD bounced nicely off its support at 1.2343 (50% Fibonacci retracement) where it is approaching its 1st resistance at 1.2444 (61.8% Fibonacci extension x2, Horizontal swing high resistance) where a potential reversal may occur, pushing price back down to its 1st support or 2nd support at 1.2277 (61.8% Fibonacci retracement, horizontal swing low). If it breaks...
EURJPY has bounced off its major support at 130.96 (50% Fibonacci retracement, horizontal swing low support, 100% Fibonacci extension). A strong reaction could occur at this level pushing price up to our next major resistance at 131.89 (horizontal overlap resistance, 61.8% Fibonacci retracement). A breakout of its short term ascending pullback resistance line...
AUDJPY bounced off its major support at 83.35 (horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension). A strong reaction could occur at this level, pushing price up to our next major resistance at 84.56 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,3,5) is also approaching...
