AUDJPY might see trendline breakout, more downside !
Price is facing bullish pressure, where it is approaching our first support, in line with our 100% Fibonacci extension, 50%, 38.2% Fibonacci retracements, and horizontal overlap support. It could potentially rise further to our first resistance, in line with our 100% and 61.8% Fibonacci extension. It is also worth noting that the Ichimoku cloud is also showing...
Price is facing bearish pressure from our first resistance, in line with our 161.8% Fibonacci extension and horizontal swing high resistance, where it could potentially drop further to our first support, in line with our 161.8% Fibonacci extension, 78.6% Fibonacci retracement and horizontal swing low support. It is also worth noting that the Stochastic indicator...
Price is facing bullish pressure from our first support in line with our ascending trend line, 50% fibonacci retracement and horizontal overlap support where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can...
AUDJPY testing 1st resistance , further drop expected !
EURCAD is testing our first resistance, in line with our 127.2% Fibonacci extension and horizontal swing high resistance. Price could potentially reverse off this level towards our first support, which is in line with our 78.6% Fibonacci extension, 50% Fibonacci retracement and horizontal overlap support. It is worth noting that the RSI is also approaching the...
AUDJPY reversing from 1st resistance , further drop expected!
AUDJPY retesting 1st resistance, more downside!
GBPUSD is facing bullish pressure from our first support, in line with our 50% Fibonacci retracement, 23.6% Fibonacci extension and horizontal swing low support. Price could potentially bounce off this level towards our first resistance, which is in line with our 78.6% Fibonacci extension and horizontal swing high resistance. It is worth noting that price is...
AUDJPY is facing bearish pressure from our first resistance, in line with the 127% fib retracement and 76.4% fib retracement, where we could see a further drop towards 1st support. The stochastics is showing signs of increasing bearishness.
EURNZD is facing bearish pressure from our first resistance, in line with our 38.2% Fibonacci retracement and horizontal pullback resistance. Price could potentially reverse at this level towards our first support, which is in line with our 78.6% Fibonacci extension and horizontal swing low support. It is worth noting that price is trending below a descending...
NZDCAD is facing bullish pressure from our first support, in line with our 100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal graphical overlap. Where price could potentially bounce from this level towards our first resistance, which is in line with our 61.8% Fibonacci retracement and horizontal graphical overlap. It is worth noting that price is...
AUDJPY breakout of the bearish trendline, more upside !
Price is facing bearish pressure from our first resistance, in line with our horizontal swing high resistance and 61.8% Fibonacci extension, where price could drop from this level towards our first support, which is in line with our horizontal overlap support, 61.8% Fibonacci retracement and 100% Fibonacci extension. It is worth noting that RSI is testing the...
AUDJPY is bouncing from 1st support towards 1st resistance where the previous swing high is and we might see a possible reversal there !
AUDJPY is testing the 1st support , where 38.2% Fib retracement and horizontal graphical pullback are. Price could bounce from this level towards our 1st resistance where the horizontal swing high is. It is worth noting that price is trending above both support lines.
Price is facing bearish pressure from our first resistance in line with our horizontal swing high resistance, 61.8% Fibonacci retracement and 100% Fibonacci extension where price could drop from this level towards our first support, which is in line with our horizontal pullback support and 61.8% Fibonacci retracement. It is worth noting that RSI is testing the...
Price is facing bearish pressure from our first resistance in line with our descending trend line, horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension where a break below our downside confirmation level would see a further drop to our first support. Trading CFDs on margin carries high risk. Losses can exceed the initial...