Description: Price is facing bullish pressure as it holds above both the ascending trendline and EMA (34). We could see a medium-probability bullish scenario, with price bouncing from our pivot at 0.77549 towards 1st resistance at 0.77815. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.76870. Pivot:...
Description: Price is approaching our pivot, which is in line with our graphical swing low support, 100% Fibonacci extension and 61.8% Fibonacci retracement. We see a medium probability bullish scenario above our pivot at 1834.62, with 1st resistance at 1863.72 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 1.26745, where we see a medium probability bullish scenario for a rise above the pivot towards 1st resistance at 1.27464 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 1.26301. It’s worth noting that the price is facing...
Description: Price is facing bullish pressure as it is now holding above the EMA (34), in line with our bullish bias. A rise from our pivot at 103.995 towards 1st resistance at 104.333 could be possible. Failing to edge above the pivot would see price swing towards 1st support where horizontal overlap support and 161.8% Fibonacci retracement is. Pivot:...
Description: Price is bouncing at our pivot of 1.22083, which is a fibonacci confluence level. A rise from our pivot at 1.22083 towards 1st resistance at 1.22525 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.21679. It's noteworthy that price is trending above the Ichimoku cloud in line with our bullish view. ...
Description: Price bounced from our pivot 0.77640, a fibonacci confluence area. We could see a medium-probability bullish scenario, with 1st resistance at 0.77921 as a potential target . Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.77434. It's worth noting that price is trending above the moving average and MACD is...
Description: Price has bounced from our Pivot at 1.27038 and is holding above the fibonacci confluence level. We see a medium probability bullish scenario for a rise above the pivot towards 1st resistance at 1.27424 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 1.26832....
Description: After a nice breakout from bearish trendline, price is retesting the trendline before a further bounce.A rise from our pivot at 103.496 towards 1st resistance at 104.085 could be possible. Failing to edge above the pivot would see price swing towards 1st support where horizontal swing low is. Pivot: 103.496 Supporting Points: 50% fib retracement,...
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 27.8346 as a possible target. Failure to hold above pivot would see price swing the other way towards 1st support at 23.2508. ...
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 3744.1. Pivot: 3788.8 Supporting Points: 23.6% Fibonacci retracement, 100%...
Description: Price is bouncing above our pivot level, indicating a further bounce. A rise from our pivot at 104.07 towards 1st resistance at 104.496 could be possible, as the impulsive Wave 5 starts. Failing to edge above the pivot would see price swing towards 1st support where horizontal swing low is. Pivot: 104.070 Supporting Points: Elliott Wave 3 support,...
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 3744.1. Pivot: 3788.8 Supporting Points: 23.6% Fibonacci retracement, graphical...
Description: Price is showing a bearish breakout at our pivot of 1.21488, which is a fibonacci confluence level. A further drop from our pivot at 1.21488 towards 1st support and the descending trendline at 1.22133 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.21350. Its noteworthy that price is trending under...
Description: Price reversed from our pivot 0.77140, a fibonacci confluence area. We could see a medium-probability bearish scenario, with 1st support at 0.77140 as a potential target . Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.77315. It's worth noting that price is trending under the moving average and MACD is...
Description: Price has bounced from our Pivot at 1.27705 and is holding above the fibonacci confluence level. We see a medium probability bullish scenario for a rise above the pivot towards 1st resistance at 1.28202 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 1.27260....
Description: Price is reversed from our Pivot at 1.27620 and is holding under the 78.6% fibonacci retracement, 88% and 100% fibonacci extension. We see a medium probability bearish scenario for a drop below the pivot towards 1st support at 1.27344 and ascending trendline, as a possible target. Otherwise, should price fail to hold under our Pivot, we could see...
Description: Price is currently at our pivot 0.77093, a fibonacci confluence area. We could see a medium-probability bearish scenario, with 1st support at 0.76823 as a potential target . Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.77268. Pivot: 0.77093 Supporting Points: 78.6%, 61.8% Fibonacci extension and...
Description: Price has bounced from our pivot of 1.21767, which is a fibonacci confluence level. A short-term rise from our pivot at 1.21767 towards 1st resistance and the descending trendline at 1.22133 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.21350. Pivot: 1.22262 Supporting Points: 78.6%, 127%...