Market analysis from easyMarkets
NZDUSD is approaching our first support at 0.6884 (horizontal swing low support, 38.2% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6960 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line...
EURAUD is testing our first resistance at 1.5813(horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.5547 (horizontal overlap support, 50% Fibonacci retracement). A breakout below our intermediate support at 1.5609 (horizontal...
USDJPY is approaching our first support at 109.16 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 110.15 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching...
AUDUSD is approaching our first resistance at 0.7472 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.7345 (horizontal swing low support). Stochastic (89,5,3) is also approaching its resistance and a reaction off this level...
XAUUSD is approaching our first support at 1263.91 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1285.85 (horizontal pullback resistance, 100% Fibonacci extension, 23.6%, 50% Fibonacci retracement). Stochastic (55,5,3) is also...
AUDNZD is approaching our first resistance at 1.0779 (horizontal overlap resistance, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong reaction might occur below this level pushing price down to our major support at 1.0602 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement). A breakout...
EURAUD is approaching our first resistance at 1.5774 (horizontal overlap resistance, 50% Fibonacci retracement, Elliot wave structure) where a strong reaction might occur below this level pushing price down to our major support at 1.5454 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching its resistance and a...
USDCAD is approaching our first resistance at 1.3384 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.3011 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is reacting off...
AUDNZD is approaching our first resistance at 1.0779 (horizontal overlap resistance, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong reaction might occur below this level pushing price down to our major support at 1.0602 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement). A breakout...
NZDUSD is testing our first resistance at 0.6883 (horizontal overlap resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.6829 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI...
AUDCAD is approaching our first resistance at 0.9838 (horizontal swing high resistance, 50% Fibonacci retracement, short term descending resistance line) where a strong reaction might occur below this level pushing price down to our major support at 0.9745 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (55,5,3) is...
EURGBP is approaching our first resistance at 0.8771 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.8697 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). A breakout below our intermediate...
CHFJPY is approaching our first resistance at 111.16 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 110.24 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also...
USDCAD is approaching our first resistance at 1.3383 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.2721 (horizontal swing low support, 100% Fibonacci extension, 50%, 76.4% Fibonacci retracement). A breakout below our...
EURAUD is approaching our first resistance at 1.5777 (horizontal overlap resistance, 50% Fibonacci retracement, Elliot wave structure) and a strong reaction might occur below this level, pushing price down to our major support at 1.52777 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (89,5,3) is also seeing a bearish divergence and is...
XAUUSD is approaching our first support at 1264.44 (horizontal overlap support, 78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1283.18 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also...
NZDUSD is approaching our first resistance at 0.6920 (horizontal pullback resistance, 23.6%, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.6872 (horizontal swing low support). A breakout below our intermediate support at 0.68858 (horizontal swing low support)...
USDCHF is approaching our first support at 0.9912 (horizontal overlap support, 38.2% Fibonacci retracement, Elliot wave structure, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.000 (61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement). RSI (34) is also approaching support where...