FX:GBPCAD The price is on the 61.8% fibo retracement, GBP strength index is lower than CAD strength index and RSI line is being maintained in oversold. The price could reach 61.8xa to complete a gartley harmonic pattern or continue dropping to 161.8 fibo extension of second wave and 78.6xa fibonacci retracement
FX:GBPAUDReached the previous top level and could make a correction to the 61.8 level of fibonacci and previous support wave. RSI is overbought and the currency strength index to the GBP is overstrength and AUD is weaker than GBP, but is climbing.
FX:GBPNZDCould make a correction reaching the 38.2% fibonacci extension level, which is the same that the previous wave support. Currency strength is overbought for GBP and oversold for NZD. Also the RSI is overbought and showing a initial divergence
FX:GBPNZD is in a downtrend channel. It had touch the upper resistance of the channel and triangle. The price could go down near the previous support, being the first take profit. If the price keep going down can be reach the 50% fibonacci extension of the trend, being as well the 88.6% ab harmonic pattern that could be formed in the future. The indicators like...
FX:EURNZD Has formed a bullish bat. The price is on the low support bearish channel and on a weekly support as well. The RSI is oversold and the strength of NZD is high, could go down and EUR strength is a bit low and could go up. The price can reach 50% fibonacci of main trend easily, even broke the bearish channel to start a up trend in a daily timeframe
FX:CADJPY It's at the top channel, also the RSI is overbought and the currency index indicator shows overstrength in CAD and over weaksness in JPY. It could have a corrective movement before it continues the uptrend, near the zone of 61.8 and 78.6 fibonacci level