Description: Price is testing our pivot at 1.27325, where we see a medium-probability bullish scenario for a drop beneath the pivot towards 1st support at 1.26778 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 1.27634. It’s worth noting that the price is facing...
Description: Price is facing bullish pressure as it is now holding above the Ichimoku cloud, in line with our bullish bias. A bounce from our pivot at 103.644 towards 1st resistance at 104.304 could be possible. Failing to edge above the pivot would see price swing towards 1st support where graphical pullback support and 61.8% Fibonacci retracement is. Pivot:...
Price is approaching our pivot, which is in line with our graphical overlap support, 100% Fibonacci extension and 61.8% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 24.6544, with 1st resistance at 26.2631 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at 23.4680....
Price is facing bearish pressure from our pivot level, in line with our 50% fibonacci retracement, 78.6% fibonacci extension and horizontal overlap resistance where we could see a further drop below this level to our first support target. Ichimoku cloud and 50 EMA are showing signs of bearish pressure as well, in line with our bearish bias. Pivot:...
Description: Price is testing our pivot at 1.27336, where we see a medium-probability bullish scenario for a rise above the pivot towards 1st resistance at 1.27638 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 1.27114. It’s worth noting that the price is facing bullish...
Description: Price is facing bearish pressure with MACD under 0 line. We could see a medium-probability bearish scenario, with a bearish breakout from our pivot at 0.77046 towards 1st support at 0.76708. Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.77334. Pivot: 0.77046 Supporting Points: 50%, 78.6% Fibonacci...
Description: Price is reversing from the pivot. We expect a medium probability bearish scenario as price continues to push below our pivot at 1.20934 towards our 1st support at 1.20421. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.21120. It is noteworthy that price is trending under a descending trendline and MACD is below...
Price is facing bearish pressure from our pivot level, in line with our 50% fibonacci retracement, 78.6% fibonacci extension and horizontal overlap resistance where we could see a further drop below this level to our first support target. Ichimoku cloud and 50 EMA are showing signs of bearish pressure as well, in line with our bearish bias. Pivot:...
#USDJPY is facing bullish pressure, potential for more upside. Description: Price is facing bullish pressure as it is now holding above the Ichimoku cloud, in line with our bullish bias. A bounce from our pivot at 103.496 towards 1st resistance at 104.304 could be possible. Failing to edge above the pivot would see price swing towards 1st support where graphical...
Price is approaching our pivot, which is in line with our graphical overlap support, 100% Fibonacci extension and 76.4% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 1811.46, 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 1764.70....
Description: Price is facing bearish pressure as it continues to hold below the Ichimoku cloud. We expect a medium probability bearish scenario as price continues to push below our pivot at 1.21772 towards our 1st support at 1.21113. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.22229. Pivot: 1.21772 Supporting...
Description: Price is facing bullish pressure as it holds above the Ichimoku cloud. We could see a medium-probability bullish scenario, with price bouncing from our pivot at 0.77410 towards 1st resistance at 0.78054. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.76973. It is noteworthy that Stochastics is also...
Description: Price is approaching our pivot, which is in line with our graphical swing low support, 78.6% Fibonacci extension and 61.8% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 25.4560, with 1st resistance at 25.8955 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st...
Description: Price is approaching our pivot at 1.26682, where we see a medium-probability bearish scenario for a drop below the pivot towards 1st support at 1.26249 as a possible target. Otherwise, should price fail to hold above our pivot, we could see price swing the other way towards our 1st resistance at 1.27044. It’s worth noting that the price is facing...
Description: Price is facing bearish pressure as it is now holding below the Ichimoku cloud, in line with our bearish bias. A drop from our pivot at 103.962 towards 1st support at 104.565 could be possible. Failing to edge above the pivot would see price swing towards 1st resistance where graphical swing high resistance and 161.8% Fibonacci extension is. Pivot:...
Description: Price is holding above our moving average support and Ichimoku cloud. We can expect further bullish momentum to push the price higher above our Pivot at 3788.8, towards our 1st resistance at 3846.9. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3758.0. Pivot: 3788.8 Supporting Points: 23.6% Fibonacci...
Description: Price is approaching our pivot of 1.21340, in line with our 61.8% Fibonacci extension and graphical swing low support. A rise from our pivot towards 1st resistance at 1.22192 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.20901. It's noteworthy that the Stochastic indicator is approaching the...
Description: Price holding above our moving average support and Ichimoku cloud. We can expect further bullish momentum to push the price higher above our Pivot at 3788.8, towards our 1st resistance at 3846.9. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3758.0. Pivot: 3788.8 Supporting Points: 23.6% Fibonacci retracement,...