Price is facing bullish pressure from our first support, in line with our ascending trend line where we could see a bounce above this level to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
Price is approaching our 1st support at 1.21277, in line with our 100% Fibonacci extension level, 61.8% fibonacci retracement and horizontal pullback support. We could potentially see a bounce and further upside towards our 1st resistance at 1.22067, in line with our 100% Fibonacci extension and 127.2% fibonacci retracement. Price is also holding above the...
GBPUSD is bouncing from trendline support !
AUDJPY breaking below previous swing low, more downside !
Price is approaching our 1st support at 1.21079, in line with our 23.6%, 78.6% Fibonacci extension levels and horizontal swing low support. We could potentially see a bounce and further upside towards our 1st resistance at 1.21445, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku cloud,...
USDJPY is facing bearish pressure, potential for more downside.
Price is approaching our 1st support, in line with our 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further upside towards our 1st resistance at 1.94184, in line with our 50% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku...
Price is facing bearish pressure as it holds below both the descending trendline resistance and Ichimoku cloud, in line with our bearish bias. We could potentially see a further downside as price is testing our 1st resistance at 76.157, in line with our horizontal overlap resistance, 38.2% Fibonacci retracement and 100% fibonacci extension. A break below our...
USDJPY is facing bullish pressure, potential for more upside
Price is facing bearish from our first resistance where we could see a furhter drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
USDCHF retesting the trendline, more downside !
CADJPY is approaching key resistance zone, potential drop !
Price is facing bullish pressure from our support and ascending channel where we could see a further upside above this level.
USDCHF broke below trendline, more downside
Price has just reversed from our descending trendline resistance and 1st resistance at 1.78822, in line with our 61.8% Fibonacci extension. We could potentially see a further drop in price towards 1st support at 1.78035 where it coincides with our 61.8% and 161.8% Fibonacci extension levels. It is worth noting that the Stochastic indicator is also approaching the...
Price is facing bearish pressure as it broke below the ascending trendline and 21 EMA . Price is also facing resistance from 1st resistance level where it coincides with 78.6% fibonacci retracement and 61.8% fibonacci extension . We could potentially see a drop of price towards 1st support at 1.20573 level where it coincides with 100% fibonacci extension and 78.6%...
USDCHF trendline breakout, more downside!
USDCHF could bounce from 1st support !