AUDJPY is approaching m 1st support, where 38.2% fib retracement and horizontal pullback support are. Price could bounce above this level towards our 1st resistance where the horizontal swing high is. Stochastics is also showing signs of bullishness.
USDCAD is going up to retest our 1st resistance and might reverse from there towards 1st support where the 78.6% fib extension is. Take caution that EMA is also showing that price is still on support.
XAUUSD might breakout to the upside ! Watch out for Fed tonight
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Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. EMA is also indicating more bearishness to come .
Price is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well.
Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found...
GBPUSD sees falling wedge, potential short-term correction!
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USDJPY might pullback to the trendline and bounce from there !
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GBPNZD is approaching our first support at 1.9621 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 2.003 (horizontal swing high resistance, 50% Fibonacci extension).
Stochastic (55,5,3) is approaching support and we might see a...
