Market analysis from easyMarkets
XAUUSD is approaching our first resistance at 1325.87 (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension). A strong drop might occur below this level, pushing price down to our major support at 1302.72 (horizontal swing low support). Stochastic is also approaching our major resistance where a reaction off this level might be...
EURAUD is approaching our first support at 1.5794 (horizontal swing low support, 38.2% Fiboancci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.5964 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support where a bounce off this level might be...
USDJPY is approaching our first support at 109.24 (horizontal overlap support, short term ascending support line, 61.8% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 110.33 (horizontal overlap resistance, 61.8% Fibonacci retracement). A breakout above our intermediate resistance at 109.97...
EURUSD is approaching our first resistance at 1.1932 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur below this level, pushing price down to our major support at 1.1736 (horizontal swing low support). A breakout below our intermediate support at 1.1826 (horizontal swing low support) might...
EURJPY is approaching our first support at 129.97 (horizontal overlap support, 38.2% Fibonacci retracement) and broke out of our descending channel resistance. A strong bounce might occur above this level, pushing price up to our major resistance at 131.87 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is...
USDX is approaching our first resistance at 93.52 (horizontal pullback resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 91.80 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major resistance...
EURAUD is approaching our first support at 1.5859 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). A strong reaction could occur above this level, pushing price up to our major resistance at 1.6061 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). A breakout above our intermediate...
USDCAD is testing our first support at 1.2944 (horizontal overlap support, 23.6% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3120 (horizontal swing high resistance). A breakout above our intermediate resistance at 1.2998 (horizontal swing high resistance, 78.6% Fibonacci retracement) might...
EURJPY is approaching our first resistance at 129.997 (horizontal swing high resistance, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 129.00 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 129.25 (horizontal swing low support) might...
NZDJPY is approaching our first resistance at 76.25 (horizontal overlap resistance, 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 second resistance at 76.58 (horizontal swing high resistance, 50% Fibonacci retracement). Ichimoku cloud is also...
EURAUD is approaching our first resistance at 1.5962 (horizontal overlap resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.5850 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3’) is also approaching our resistance and a...
EURGBP is approaching our first support at 0.8766 (horizontal swing low support, 50%, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 0.8833 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support where we might...
EURUSD is approaching our first support at 1.1914 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance target at 1.2088 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bearish divergence...
XAUUSD is approaching our first support at 1310.48 (horizontal overlap support, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 3125.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also bouncing off our major support where we...
EURJPY is testing our first resistance at 129.96 (horizontal overlap resistance, 161.8% Fibonacci extension, Elliot wave structure). A strong reaction might occur below this level, pushing price down to our major support at 129.07 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure, in line with our...
EURAUD is approaching our first support at 1.5857 (horizontal swing low support, 78.6% 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 1.5967 (horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also seeing a...
CHFAUD is approaching our first support at 1.334 (horizontal swing low support) 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 1.3421 (horizontal swing high resistance, 61.8% Fibonacci extension). A breakout above our intermediate resistance at 1.3340 (horizontal...
AUDJPY is testing our first support at 81.89 (horizontal overlap support, 61.8% 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 82.59 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also seeing a...