CHFJPY is approaching our first resistance at 111.95 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 110.30 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). A breakout below our intermediate support at 111.14 (horizontal...
XAUUSD is approaching our first support at 1218.62 (Horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1238.35 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also...
XAUUSD is approaching our first resistance at 1238.35 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 1220.90 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also...
CADCHF is approaching our first resistance at 0.7627 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.7526 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where...
USDCAD broke out of its short term ascending support-turned-resistance line and is approaching our first resistance at 1.3063 (horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 1.2958 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
RSI (89) is also...
AUDUSD is approaching our first resistance at 0.7482 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 0.7359 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also...
AUDUSD is approaching our first resistance at 0.7493 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level, pushing price down to our major support at 0.7328 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also...
USDCAD is approaching our first support at 1.3064 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3266 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching...
GBPUSD is approaching our first resistance at 1.3159 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) which coincides with our long term descending resistance line, where a strong reaction might occur below this level, pushing price down to our major support at 1.2956 (horizontal swing low support, 61.8% Fibonacci...
CHFJPY is approaching our first support at 111.91 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement, elliot wave structure) where a strong bounce might occur above this level pushing price up to our major resistance at 112.64 (horizontal overlap resistance, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also seeing a bullish...
AUDJPY is approaching its support at 81.90 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 83.01 (horizontal overlap resistance).
Stochastic (34, 5, 3) is testing its support at 8.3% where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses...
USDCHF has bounced off its support at 0.9905 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support, ascending support line) where price could move up to its resistance at 0.9973 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) bounced off its support at 3.1% where a corresponding rise could...
GBPUSD has reversed off its resistance at 1.3156 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.3002 (76.4% Fibonacci retracement).
Stochastic (55, 5, 3) has being held down by a descending resistance line where a corresponding drop could occur.
Trading CFDs on...
GBPJPY is testing its resistance at 146.10 (horizontal overlap resistance, descending channel resistance) where it could potentially fall to its support at 144.95 (78.6% Fibonacci retracement).
Ichimoku cloud is showing signs of bearish pressure which contributes to our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial...
USDJPY is approaching our first support at 111.25 (horizontal pullback support, 61.8% fibonacci extension, 23.6% fibonacci retracement) where a strong bounce could occur pushing price up to our resistance at 114.86 (horizontal swing high resistance, 100%, 61.8% fibonacci extension, 76.4% fibonacci retracement).
RSI (34) is approaching support where we might...
NZDUSD is approaching our first resistance at 0.6900 (horizontal overlap resistance, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 0.6688 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (34,5,3) is also...
AUDUSD is approaching our first resistance at 0.7493 (horizontal overlap resistance, 61.8%, 100% fibonacci extension, 50% fibonacci retracment) which coincides with our long term descending resistance line, where a strong reaction might occur below this level, pushing price down to our major support at 0.7309 (horizontal swing low support, 100% fibonacci...
CADJPY is approaching our first resistance at 85.79 (horizontal overlap resistance, 61.8% fibonacci extension, 76.4% fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 82.33 (horizontal swing low support, 61.8%, 100% fibonacci extension, 76.4% fibonacci retracement). A breakout below our...
