Market analysis from easyMarkets
USDJPY is testing our first support at 108.76 (horizontal swing low support, 23.6% 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 110.33 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching...
USDX reacted off our first resistance at 92.85 (horizontal swing high resistance, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 90.96 (horizontal pullback support, 50% Fibonacci retracement). A breakout below our intermediate support at 91.93 (horizontal overlap support, 61.8% Fibonacci...
AUDUSD is approaching our first support at 0.7541 (horizontal overlap support, breakout level). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7642 (horizontal pullback resistance, 50% Fibonacci retracement). A breakout above our intermediate resistance at 0.7591 (horizontal overlap resistance, 38.2% Fibonacci...
XAUUSD is approaching our first support at 1310.48 (horizontal overlap support). A strong bounce might occur above this level, pushing price up to our major resistance at 1325.87 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). A breakout above our intermediate resistance at 1318.17 (horizontal swing high resistance, 23.6%...
AUDJPY is approaching our first resistance at 82.58 (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension). A strong reaction might occur below that level, pushing price down to our major support at 81.83 (horizontal swing low support, 100% Fibonacci extension, short term ascending support line). Ichimoku cloud is also showing...
EURAUD is approaching our first support at 1.5925 (horizontal pullback support, 61.8%, 76.4% Fibonacci retracement) which coincides with our long term ascending support line. A strong bounce might occur above this level, pushing price up to our major resistance at 1.6003 (horizontal overlap resistance, 38.2% Fibonacci retracement) which coincides with the short...
CHFAUD broke out of our first support-turned-resistance at 1.3340 (horizontal pullback resistance) and short term ascending support-turned-resistance line. A strong reaction might occur below this level, pushing price down to our major support at 1.3216 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure, in line with our...
AUDJPY is approaching our first support at 82.26 (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 82.91 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement). A breakout...
USDCAD is approaching our first resistance at 1.2896 (horizontal swing high resistance, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.2816 (horizontal swing low support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (34,5,3) is also approaching our major resistance...
EURCHF is approaching our first resistance at 1.1955 (horizontal pullback resistance, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.1925 (horizontal swing low support, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure, in line with our bearish bias....
GBPAUD is testing our first support at 1.8171 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.8287 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our...
XAUUSD is approaching our first support at 1307.36 (horizontal overlap resistance). A strong bounce might occur above this level, pushing price up to our major resistance at 1325.27 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement, Elliot wave structure). A breakout above our intermediate resistance at 1320.60 (horizontal...
USDX is testing our first resistance at 92.54 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 91.78 (horizontal overlap support, 61.8% Fibonacci extension, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish...
CHFAUD is approaching our first support at 1.3341 (horizontal overlap support, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3403 (horizontal overlap resistance, 50% Fibonacci retracement. Stochastic (89,5,3) is also seeing a bullish divergence and is approaching our major support where a...
ASX is approaching our first resistance at 5989.2 (horizontal swing high resistance, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 5871.9 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major...
USDJPY is approaching our first resistance at 109.73 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 108.30 (horizontal swing low support, 23.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic (55,5,3) is also seeing a...
AUDUSD is approaching our first support at 0.7537 (horizontal overlap support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7644 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bullish divergence and is...
GBPUSD is approaching our first support at 1.3917 (horizontal overlap support). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3991 (horizontal overlap resistance, 23.6% Fibonacci retracement). Stochastic (89,5,3) is seeing a bullish divergence and approaching our major support where a bounce off this level could be a...