EURJPY broke out of its major support at 125.60 where it could potentially fall further to its support at 124.83 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
RSI (89) is being held down by a descending line which adds to its bearish pressure.
Trading leveraged products carries a high level of risk and may result...
AUDJPY is approaching its support at 79.56 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 80.11 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.2% where a corresponding bounce could occur.
Trading...
EURCAD is approaching its support at 1.4968 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5054 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at where a corresponding bounce could occur....
USDJPY reversed off its resistance at 112.16 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is could drop further to its support at 111.38 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
Disclaimer.
Trading leveraged products...
CADCHF is testing its resistance at 0.7545 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 0.7515 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
USDCAD is approaching its resistance at 1.3406 (61.8% & 100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1.3355 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is...
AUDJPY is approaching its support at 78.34 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 78.97 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
NZDUSD is approaching our first support at 0.67679 (horizontal overlap support, 78.6% fibonacci retracement, 100% fiobnacci extension, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.68281 (horizontal swing high resistance, 50% fibonacci retracement).
Stochastic (89,5,3) is also...
AUDCAD is approaching its support at 0.9394 (61.8% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9440 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.73% where a corresponding bounce could occur.
USDCAD is approaching our first support where we might see a corresponding bounce in price to our first resistance. Stochastic is also approaching support as well.
USDJPY is approaching its support at 111.03 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 111.44 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 8.07% where a corresponding bounce could occur.
NZDUSD is approaching our first resistance at 0.6895 where we might see a drop in price to our first support 0.6823. Stochastic is also approaching resistance where we might see a corresponding drop in price.
NZDUSD is approaching our first resistance where we might be seeing a drop to our first support level. Stochastic is also approaching resistance where we might see a corresponding drop in price.
NZDUSD is approaching our first resistance at 0.6854 (horizontal pullback resistance, 50% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 0.6806 (61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce to our major resistance at 1.1283 (horizontal overlap resistance, 38.2% Fibonacci retracement) might occur.
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading...
HSI is approaching our first resistance at 30013.9 (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 29261.6 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support).
Stochastic (89,5,3) is also approaching...
GBPUSD is approaching our first resistance at 7.02551 where we might see a corresponding drop to our first support level. Stochastic is approaching resistance as well.
NZDUSD is approaching our first support at 0.6744 (long term ascending support line, horizontal swing low support, 50% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level to our major resistance at 0.6866 (horizontal overlap resistance, 61.8% Fibonacci retracement ).
Stochastic is also approaching support.
