Market analysis from easyMarkets
GBPJPY is testing major resistance at 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices down to major support at 147.14 (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance at 94% where a corresponding reaction could...
CADJPY is seeing strong support above 86.08 (Fibonacci retracement, Fibonacci extension, horizontal pullback support, bullish ichimoku cloud, ascending support) and a bounce could occur at that level pushing prices up further towards major resistance at 86.71 (Fibonacci extension, horizontal swing high resistance). Stochastic 55,5,3) is seeing strong ascending...
EURGBP is approaching our first support at 0.8719 (Horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). A breakout below this level might trigger a strong reaction pushing price down to our major support at 0.8681 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish...
GBPJPY is approaching our first support at 149.17 (horizontal pullback support, 23.6% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 150.63 (horizontal overlap resistance, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. RSI (34)...
XAUUSD is approaching our first support at 1285.64 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur above this level, pushing price up to our major resistance at 1302.42 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also...
AUDJPY broke out of its short-term descending resistance-turned-support line and is currently testing our first resistance at 83.07(horizontal overlap resistance) where a breakout above this level might occur, pushing price up to our major resistance at 84.60 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is...
AUDUSD is approaching our first resistance at 0.7478 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 0.7418 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias....
GBPUSD is approaching our first support at 1.3467 (horizontal overlap support, 38.2% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3572 (horizontal swing high resistance, 76.4% Fibonacci retracement). Stochastic is also approaching our major support in line with the potential downside in price...
GBPJPY is approaching our first resistance at 149.21 (horizontal swing high resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level pushing price down to our major support at 147.08 (horizontal swing low support, 76.4% Fiboancci retracement). A breakout below our intermediate support at 147.42 (horizontal swing low support, 100%...
CHFAUD is approaching our first resistance at 1.3412 (horizontal swing high resistance, 38.2%, 78.6% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.3204 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching our major resistance...
XAUUSD is approaching our first resistance at 1317.76 (horizontal overlap resistance, breakout level, 38.2% Fibonacci retracement) 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 1302.72 (horizonal swing low support, 161.8% Fibonacci retracement). RSI (34)...
GBPJPY is approaching our first support at 147.11 (horizontal swing low support, 78.6% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 152.44 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). A breakout above our intermediate resistance at 150.60 (horizontal...
AUDJPY is approaching our first resistance at 83.02 (horizontal swing high resistance, 61.8% Fibonacci retracement) 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 81.22 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement)....
EURAUD is approaching our first support at 1.5779 (horizontal overlap support, 23.6%, 38.2% Fibonacci retracement) which coincides with our short term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.6130 (horizontal swing high resistance, 100% Fibonacci extension). A breakout above our...
CHFAUD is approaching our first support at 1.3204 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3412 (horizontal overlap resistance, 78.6% Fibonacci retracement). RSI (55) is also seeing a bullish divergence and we might see a corresponding rise in price....
GBPAUD is approaching our first support at 1.7906 (horizontal overlap support, 23.6%, 61.8% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.8189 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,3,5) is also seeing a bullish divergence and is...
USDCAD is approaching our first resistance at 1.2814 (horizontal overlap resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.2647 (horizontal overlap support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension). A breakout below our intermediate support at 1.2730 (horizontal...
XAUUSD is approaching our first resistance at 1325.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) 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 1302.72 (horizontal swing low support, 161.8% Fibonacci...