CADJPY is testing its resistance at 82.26 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 79.89 (61.8% Fibonacci extension , 50% Fibonacci retracement). Stochastic (89, 5, 3) is testing its resistance at 99% where a potential reversal could occur.
EURJPY is approaching resistance at 125.01 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 122.00 (50% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
AUDCAD is approaching resistance at 0.9576 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.9509 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
AUDJPY is approaching its resistance at 78.84 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 75.79 (38.2% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
NZDUSD is approaching our first resistance at 0.6801 (horizontal overlap resistance, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6717 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading...
Pattern: Channel Down on 4H. Signal: Bearish after the Lower High at 1.69380. Target: 1.67350 (above the support lines).
EURNZD bounced at the 61.8 fib level on the dot, respecting the upper trend line. Looks like we will see a trend continuation.
As you see on the chart above, this pair still bias bearish until reversal sign....
AUDCHF is testing its resistance at 0.7129 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement , horizontal overlap resistance) where a reversal to its support at 0.6970 (38.2% Fibonacci retracement , horizontal swing low support) may occur. Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.
EURAUD is approaching its resistance at 1.5981 (100% Fibonacci extension, 23.6% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.5877 (61.8% Fibonacci retracement, horizontal overlap support).
NZDUSD is approaching its support at 0.6714 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.6797 (61.8% Fibonacci retracement, horizontal pullback resistance).
EURNZD is approaching its resistance at 1.6886 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.6770 (61.8% Fibonacci retracement, horizontal overlap support).
AUDJPY is testing its resistance at 78.59 (38.2% & 61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 75.60 (38.2% Fibonacci retracement ). Stochastic (55, 5, 3) is approaching its resistance at 98% where a potential reversal could occur.
EURAUD bounced off its support at 1.5789 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise further to its resistance at 1.5967 (23.6% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) bounced off its support at 1.1% where a further rise could occur.
AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1.0538 (horizontal overlap support). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs...
EURNZD is approaching our first resistance at 1.6885 (horizontal overlap resistance, 100% Fibonacci extension, 50%, 38.2% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.6991 (horizontal overlap support, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a...