Market analysis from easyMarkets
EURAUD is approaching our first resistance at 1.5777 (horizontal overlap resistance, 50% Fibonacci retracement) and 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 (55,5,3) is also seeing a bearish divergence and is approaching our resistance...
GBPAUD is approaching our first support at 1.7769 (horizontal overlap support, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8084 (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci retracement). A...
AUDJPY is approaching our first support at 81.14 (horizontal swing low support, 100% Fibonacci extension) and a strong bounce might occur above that level pushing price up to our major resistance at 82.69 (horizontal overlap resistance, 100% Fibonacci extension). Stochastic (55,5,3) is also seeing a bullish divergence and approaching our support where a bounce...
NZDUSD is approaching our first resistance at 0.6959 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 0.6886 (horizontal swing low support). Ichimoku cloud is also showing sign of bearish pressure in line with our bearish bias. RSI (55) is also seeing a...
CADJPY is approaching our first support at 83.09 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 83.98 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also seeing a...
AUDNZD is approaching our first support at 1.0666 (horizontal overlap support, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.0779 (horizontal pullback resistance, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement). A breakout above our intermediate resistance at 1.0747...
USDJPY is approaching our first resistance at 112.09 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 108.49 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance and a reaction off this...
USDCHF is approaching our first resistance at 1.0096 (horizontal swing high resistance, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.9892 (horizontal pullback support, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and a...
EURAUD is approaching our first resistance at 1.5628 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.5277 (horizontal swing low support). Stochastic (89,5,3) is also approaching our major resistance and a reaction off this...
NZDUSD is approaching our first resistance at 0.6963 (horizontal overlap resistance) and a strong reaction might occur below this level pushing price down to our major support at 0.6777 (horizontal swing low support, 61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (55) is also approaching our...
GBPJPY is approaching our first support at 145.89 (horizontal swing low support, 100% fibonacci extension, 38.2% fibonacci retracment) where a strong bounce could occur pushing price up to our resistance at 147.98 (horizontal swing high resistance). Stochastic is approaching support where we might see a corresponding rise in price should it bounce off this level....
USDJPY is testing our first resistance at 110.83 (horizontal overlap resistance, 78.6% fibonacci retracement, 61.8%, 100% fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 109.94 (horizontal swing low support, 38.2 fibonacci retracement, 61.8%, 100% fibonacci extension). RSI (89) is also approaching...
CHFJPY is approaching our first support at 110.75 (horizontal overalp support, 100% fibonacci extension, 50% fibonacci retracement, elliot wave structure). A strong bounce might occur above this level pushing price up to our major resistance at 111.62 (horizontal pullback resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89,5,3) is...
AUDJPY is approaching our first support at 82.23 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 83.02 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where a...
EURJPY is approaching our first resistance at 130.30 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 128.97 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,3) is also seeing a bearish divergence and...
EURUSD is approaching our first resistance at 1.1814 (horizontal swing high 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 1.1734 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,3) is also approaching...
USDCHF is approaching our first support at 0.9832 (horizontal overlap support, 100% Fibonacci extension) where a strong bounce might occur above this level, pushing price up to our major resistance at 0.9891 (horizonal swing high resistance, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a...
NZDUSD is approaching our first resistance at 0.7033 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.6985 (horizontal swing low support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also...