Price has just reversed from our Pivot at 1.27430, where we see a medium-probability bearish scenario for a further push down towards 1st support at 1.26903 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.27821. It's worth noting that price is holding below both the...
Price is facing bullish pressure as it continues to hold above both the Ichimoku cloud and ascending trendline support in line with our bullish bias. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21209. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20199. Pivot: 1.20563 Supporting...
Price is facing bullish pressure from our pivot, in line with our ascending trend line, 38.2% fibonacci retracement and 61.8% fibonacci extension where a bounce above this level to our first resistance target at 28.3952 is possible. Otherwise, a break below our pivot will see price drop towards 1st support at 26.2302. Pivot: 26.9580 Supporting Points: ascending...
Description: Price is facing bearish pressure as it is trading below the EMA(34) and is breaking below previous overlap support level at pivot . A drop from our pivot at 105.16 towards 1st support at 104.66 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 holding above moving average and MACD indicator is above 0, showing room for further bullish upside. A further push up above our pivot at 31259.8 towards -27.2% Fibonacci retracement and 1st resistance at 31615.9 could be possible. Otherwise, a break below our pivot will see price drop towards 1st support at 30840.5 Pivot: 31259.8 Supporting...
Price is facing bearish pressure from our pivot, in line with our graphical pullback resistance, 100% fibonacci extension and 50% fibonacci retracement where we could see a further downside below this level to our first support level at 1796.46. Failure to hold below our pivot level at 1830.90 could see a swing towards our first resistance target at 1843.23. ...
Price is approaching our Pivot at 1.27720, where we see a medium-probability bearish scenario for a reversal from Pivot and a further push down towards 1st support at 1.27378 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.27879. It's worth noting that price is...
Price has just reversed from our Pivot, which is in line with our 100% Fibonacci extension and 50% Fibonacci retracement. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.19874. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.20887. Pivot: 1.20564 Supporting Points: 100% Fibonacci...
Description: Price is facing bearish pressure as it is reversing from recent top, in line with the breakout from previous ascending trendline. A drop from our pivot at 105.54 towards 1st support at 15.17 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal swing high is. Pivot: 105.54 Supporting...
Description: Price is testing our pivot of 0.76716. We could see a medium-probability bearish scenario, from our Pivot towards 1st resistance at 0.76920. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.76514. Do note that price is trending above the moving average, and MACD is above the 0 line, in line with our bullish...
Description: Price holding above moving average and MACD indicator is above 0, showing room for further bullish upside. A further push up above our pivot at 3864.6 towards -27.2% Fibonacci retracement and 1st resistance at 3915.6 could be possible. Otherwise, a break below our pivot will see price drop towards 1st support at 3845.9 Pivot: 3864.6 Supporting...
Description: Price is testing our pivot of 0.75961. We could see a low-probability bearish scenario, from our Pivot towards 1st support at 0.75761. Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.76162. Do note that price is trending under the moving average in line with our bearish view. Pivot: 0.75961 Supporting...
Price is facing bearish pressure from our pivot, in line with our graphical pullback resistance, 61.8% fibonacci extension and 23.6% fibonacci retracement where we could see a further downside below this level to our first support level at 1778.96. Failure to hold above our pivot level at 1810.20 could see a swing towards our first resistance target at 1830.87. ...
#USDJPY is facing bullish pressure, potential for more upside Description: Price is facing bullish pressure as it is bouncing from the pivot level, in line with the MA 50 support and EW structure. A bounce from our pivot at 105.57 towards 1st resistance at 106.12 could be possible. Failing to edge above the pivot would see price swing towards 1st support where...
Price is approaching our Pivot at 1.28031, where we see a medium-probability bullish scenario for a bounce from Pivot and a further push up towards 1st resistance at 1.28454 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 1.27672. It's worth noting that price is holding...
Price is facing bearish pressure as it continues to hold below both the moving average and Ichimoku cloud, in line with our analysis. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.18968. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.20429. Pivot: 1.19834 Supporting Points: 23.6%...
Description: Price broke above descending trendline resistance (now support). Technical indicators are showing room for further bullish momentum as well. A further push up above our pivot at 30931 towards 1st resistance at 31263 can be expected. However, failure to hold above pivot could see price swing towards 1st support at 30725 instead. Pivot:...
Price is facing bearish pressure as it continues to hold below both the moving average and Ichimoku cloud, in line with our analysis. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.19748. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.20419. Pivot: 1.20214 Supporting Points: 78.6%...