Description: Price pushing lower and technical indicators are now showing possible further bearish momentum. A further push below our pivot at 3896 towards 1st support at 3851 could be possible. Otherwise, failure to hold below pivot could see price rise towards 1st resistance at 3933. Pivot: 3896 Supporting Points: Graphical swing high,Moving average...
Price is facing bullish pressure as it continues to hold above the moving average support in line with our analysis. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21961. Otherwise, a break below the pivot should see price swing towards 1st support at 1.21293. Pivot: 1.21495 Supporting Points: 38.2% Fibonacci...
Description: Price is approaching our pivot at 0.79074, in line with 127% fibonacci retracement, 161.8%, 61.8% fibonacci extension, moving average support and horizontal graphical overlap. Where we could see a bounce above this level. Do note that price is trending above the moving average, in line with our bullish analysis. Pivot: 0.79074 Supporting...
Price is facing bearish pressure as it continues to hold below the moving average resistance in line with our analysis. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.25700. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.26539. Pivot: 1.26229 Supporting Points: 61.8% Fibonacci...
Price is approaching our pivot, in line with the horizontal pullback resistance and 78.6% fibonacci retracement and 100% fibonacci extension where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 1855.36. Pivot: 1831.58 Supporting...
Description: Price pushing higher and technical indicators are now showing possible further bullish momentum. A further push up above our pivot at 31508 towards 1st resistance at 31758 could be possible. Otherwise, failure to hold above pivot could see price drop towards 1st support at 31397. Pivot: 31508 Supporting Points: 38.2% Fibonacci retracement, Moving...
Description: Price is facing bearish pressure as it is trading below the resistance level at 105.20 where the horizontal pullback resistance is. A drop from our pivot at 105.20 towards 1st support at 104.87 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal pullback resistance is. Pivot:...
Price is facing bearish pressure from our pivot, in line with the horizontal overlap resistance and 23.6% fibonacci retracement where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 1804.86. Pivot: 1787.99 Supporting Points: horizontal...
Description: Price is facing bearish pressure as it approaches the resistance level at 105.84 where the 61.8% fib retracement and 100% fib extension are. A drop from our pivot at 105.84 towards 1st support at 105.41 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal swing high is. Pivot:...
Description: Price is bouncing from our pivot at 0.78772, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap. Where we could see a bounce above this level. Do note that price is trending above the moving average, in line with our bullish analysis. Pivot: 0.78772 Supporting Points: 61.8% fibonacci retracement,...
Price is facing bearish pressure as it continues to hold below the moving average resistance in line with our analysis. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.25471. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.26686. Pivot: 1.26284 Supporting Points: 38.2% Fibonacci...
Price is approaching our Pivot at 1.21079. We expect a medium probability bounce and a further rise from our pivot towards our 1st resistance at 1.21695. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20610. It is worth noting that price is still holding above the Ichimoku cloud in line with our bullish bias. Pivot:...
Description: Price holding below descending trendline resistance. With MACD starting to cross below 0, further bearish momentum can be expected. A drop below our pivot at 3924 towards 1st support at 3860 can be possible. Otherwise price could swing the other way towards 3950 1st resistance. Pivot: 3924 Supporting Points: Descending trendline resistance 1st...
Price is facing bearish pressure from our pivot, in line with the horizontal overlap resistance, 23.6% fibonacci retracement and 127.2% fibonacci extension where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 1799.40. Pivot:...
Description: Price is facing bearish pressure as it broke below the ascending trendline and the EMA(34). A drop from our pivot at 105.57 towards 1st support at 105.16 could be possible. Failing to edge below the pivot would see price swing towards 1st support where the horizontal swing low is. Pivot: 105.57 Supporting Points: 61.8 % fib retracement and...
Description: Price is approaching our pivot at 0.77490, in line with our ascending trendline support, 50%, 61.8% fibonacci retracement, 61.8% and 88% fibonacci extension. Where we could see a bounce above this level. Do note that price is trending within a squeezing triangle. Pivot: 0.77490 Supporting Points: Ascending trendline support, 50%, 61.8% fibonacci...
Price is facing bearish pressure as it continues to hold below the descending trendline. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.27229. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.27506. It is worth noting that MACD is holding below the 0 line, in line with our bearish bias. ...
Price is testing our Pivot at 1.20851. We expect a medium probability bounce and a further rise from our pivot towards our 1st resistance at 1.21231. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20501. Pivot: 1.20851 Supporting Points: 23.6% Fibonacci retracement, 38.2% Fibonacci extension and graphical pullback support ...