M4Academy

M4Academy

Description: Price has reversed from our pivot of 0.77465. We could see a medium-probability bearish scenario, from our pivot towards 1st support at 0.77185. Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.77673. Pivot: 0.77465 Supporting Points: 80% Fibonacci retracement, 88% Fibonacci extension and graphical...

M4Academy

Description: Price has bounced from pivot at 1.26800, where we see a medium-probability bullish scenario for a rise above the pivot towards 1st resistance at 1.27012 as a possible target. Otherwise, should price fail to hold above our pivot, we could see price swing the other way towards our 1st support at 1.26608. It’s worth noting that the price is facing...

M4Academy

Price is testing for a bullish breakout at our pivot of 1.21812. We expect a medium probability from our pivot towards our 1st resistance at 1.22093. Otherwise, a reversal from below the pivot should see price swing towards 1st support at 1.21472. It is noteworthy that price is trending above the moving average and MACD is above the 0 line, in line with our...

M4Academy

Description: Price is facing bearish pressure as it broke below the symmetrical triangle, in line with our bearish bias. A drop from our pivot at 103.659 towards 1st support at 103.277 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where graphical swing high is. Pivot: 103.662 Supporting Points: 38% Fibonacci...

M4Academy

Price is facing bullish pressure from our pivot, in line with our graphical pullback support and 23.6% fibonacci retracement as well as ascending channel where we could see a bounce above this level to our resistance level at 1897.56. Failure to hold above our pivot level at 1856.04 could see a swing towards our first support target at 1831.12. 50 EMA is showing...

M4Academy

Price is facing bearish pressure from our pivot, which is in line with our 78.6% Fibonacci retracement and -68 fibonacci extension. We see a medium probability bearish scenario below our pivot at 3876.70, with our first support at 3824.40 as a possible target. Failure to hold below our pivot would see price swing the other way towards 1st resistance at 3912.0....

M4Academy

Description: Price has broken our pivot of 0.77721. We could see a medium-probability bullish scenario, from our pivot at 0.77721 towards 1st resistance at 0.77902. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.77515. Pivot: 0.77721 Supporting Points: -27% Fibonacci retracement, 61.8% Fibonacci extension and...

M4Academy

Description: Price has reversed from pivot at 1.26396, where we see a medium-probability bearish scenario for a drop beneath the pivot towards 1st support at 1.25883 as a possible target. Otherwise, should price fail to hold under our pivot, we could see price swing the other way towards our 1st resistance at 1.26695. It’s worth noting that the price is facing...

M4Academy

Description: Price is testing for a bullish breakout at our pivot of 1.21420. We expect a medium probability from our pivot towards our 1st resistance at 1.21874. Otherwise, a reversal from below the pivot should see price swing towards 1st support at 1.20934. It is noteworthy that price has broken out of the descending trendline and is facing bullish pressure in...

M4Academy

USDCAD is trending below trendline and MA50, it is possible for price to drop further from current level towards 1st support where the 100% fib extensions is. Ichimoku also supports our bias!

M4Academy

Price is facing bearish pressure from our pivot, which is in line with our graphical pullback resistance and fibonacci confluence levels. We see a medium probability bearish scenario below our pivot at 26.2897, with 1st support at 25.0635 as a possible target. Failure to hold below our pivot would see price swing the other way towards 1st resistance at 27.2861....

M4Academy

Price is facing bearish pressure from our pivot, which is in line with our 78.6% Fibonacci retracement and -68 fibonacci extension. We see a medium probability bearish scenario below our pivot at 3876.70, with our first support at 3824.40 as a possible target. Failure to hold below our pivot would see price swing the other way towards 1st resistance at 3912.0....

M4Academy

Description: Price is facing bearish pressure as it is now breaking below the symmetrical triangle, in line with our bearish bias. A drop from our pivot at 103.659 towards 1st support at 103.277 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where graphical swing high is. Pivot: 103.659 Supporting Points: 38%...

M4Academy

Price is facing bullish pressure from our pivot, which is in line with our graphical overlap support and 38.2% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 1836.95, with 1st resistance at 1897.56 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at 1810.63. 20 EMA is...

M4Academy

Price broke its previous resistance level and is facing bullish pressure from our ascending trend line and pivot target at 3743.10, in line with our horizontal swing low support, 50% fibonacci retracement and 78.6% fibonacci extension where we could see a further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our...

M4Academy

Description: Price has reversed from pivot at 1.27146, where we see a medium-probability bearish scenario for a drop beneath the pivot towards 1st support at 1.27146 as a possible target. Otherwise, should price fail to hold under our pivot, we could see price swing the other way towards our 1st resistance at 1.27577. It’s worth noting that the price is facing...

M4Academy

Description: Price has bounced from our pivot of 0.77205. We could see a medium-probability bullish scenario, from our pivot at 0.77205 towards 1st resistance at 0.77739. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.76608. Pivot: 0.77205 Supporting Points: 38.2% Fibonacci retracement, 61.8% Fibonacci extension and...

M4Academy

Description: Price is reversing towards our pivot at 1.21286. We expect a medium probability bullish scenario for price to bounce off our pivot at 1.21286 towards our 1st resistance at 1.21602. Otherwise, a break below the pivot should see price swing towards 1st support at 1.21062. It is noteworthy that price is trending above an ascending trendline, as well as...