EURUSD is testing its resistance at 1.1523 (61.8% Fibonacci extension, 61.8% & 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.1400 (61.8% Fibonacci retracement, horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
EURUSD reversed off its resistance at 1.1440 (38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 1.1301(horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.
EURCHF reversed off its resistance at 1.1422 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could drop further to its support at 1.1264 (horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
USDCAD bounced nicely off its support at (100% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3127 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is bounced off its support at 5.5% where a corresponding rise could occur.
AUDUSD reversed off its resistance at 0.7320 (100% & 61.8% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 0.7245 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
EURUSD is approaching its resistance at 1.143 (61.8 Fibonacci extension, 23.6% & 38.2% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.1301 (horizontal swing low support).
Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
EURJPY is approaching its resistance at 126.94 (100% Fibonacci extension, 23.6% Fibonacci retracement x2, horizontal overlap resistance) where it could reverse down to its support at 124.84 (100% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
AUDJPY is approaching its resistance at 80.79 (61.8% Fibonacci extension, 23.6% Fibonacci retracement x2, horizontal overlap resistance) where it could reverse down to its support at 79.65 (100% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
USDCHF reversed off its resistance at 0.9981 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 0.9942 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
EURGBP bounced nicely off its support at 0.8900(76.4% & 61.8% & 38.2% Fibonacci retracement, horizontal swing low support, ascending channel support) where it could potentially bounce to its resistance at 0.90 (61.8% Fibonacci extension, 76.4%% Fibonacci retracement).
Stochastic (55, 5, 3) is bounced off near its support at 5.1% where a corresponding rise could...
AUDJPY is approaching its resistance at 80.79(61.8% & 100% Fibonacci extension, 23.6% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at (61.8% Fibonacci extension).
RSI (89, 5, 3) has broken out of its ascending line where we a further drop could occur.
CADCHF is approaching its support at 0.7533 (61.8% Fibonacci extension x2, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7583 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
USDCAD reversed off its resistance at 1.3169(100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 1.3051 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop...
Following a modest recovery just north of the 0.72 handle on Wednesday, largely backed by a dip in the USD from 2018 highs of 96.98 (US dollar index), the H4 candles are seen poised to challenge nearby H4 supply at 0.7267-0.7254. Beyond this area the unit may head for 0.73, and quite possibly the daily resistance parked just above it at 0.7314.
Daily demand at...
CADCHF reversed off its resistance at 0.7624 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 0.7572 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur
GBPAUD is approaching its resistance at 1.7636 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.7405 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
AUDNZD is approaching its support at 1.0988 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 1.1162 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.27% where a corresponding bounce is expected.
CADJPY reversed off its resistance at 85.38 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 84.58 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
