XAUUSD is testing its resistance at 1339 (61.8% Fibonacci retracement, horizontal swing high resistance) where a reaction could occur, causing price to fall to its 1st support at 1326 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its 2nd support at 1319 (61.8% Fibonacci...
EURUSD bounced nicely off its support at 1.2295 (61.8% Fibonacci retracement, horizontal overlap support) where it is now testing its 1st resistance at 1.2341 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could potentially rise to its 2nd resistance at 1.2379 (61.8% Fibonacci extension, horizontal swing high...
EURUSD is testing its descending resistance line and its support at 1.2358 (horizontal overlap support). If it surpasses both the descending resistance line and its 1st resistance at 1.2380 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance), it could potentially rise further to its 2nd or 3rd resistance at 1.2414 (61.8%...
USDCAD made a bearish exit from its ascending channel where it has the potential to drop further to its 1st support at 1.2795 (38.2% Fibonacci retracement, horizontal overlap resistance) or to its 2nd support at 1.2739 (100% Fibonacci extension, horizontal overlap support, channel exit potential). We have identified resistances at 1.2965 (horizontal pullback...
XAUUSD approaching its resistance at 1339 (61.8% Fibonacci retracement, horizontal swing high resistance) where a potential reaction could occur, causing price to fall to its 1st support at 1319 (61.8% Fibonacci extension horizontal overlap support). If it breaks past this level, it could potentially fall to its next support at 1305 (61.8^ Fibonacci extension,...
XAUUSD is being squeezed by its descending resistance line and its major support at 1306 (L T 100% Fibonacci extension, L T 50% Fibonacci retracement, 61.8% Fibonacci extension, multiple horizontal swing low) If price breaks out of its descending line, we could see it rise to its 1st resistance at 1330 (61.8% Fibonacci extension, horizontal swing high resistance)...
DXY is testing its support at 89.52 (61.8% Fibonacci extension x2, 50% Fibonacci retracement, horizontal overlap support) where we could see a bounce causing it to rise to its 1st resistance at 90.19 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). If it breaks past this level, it could rise to its 2nd resistance at 90.44...
DXY is approaching its resistance at 90.47 (100% Fibonacci extension x2, horizontal swing high resistance) where a strong reaction could occur, causing price to potentially fall to its 1st support at 89.52 (61.8% Fibonacci extension, 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance area at...
BTCUSD made a bullish exit from its descending resistance-turned-support line and has the potential to rise to its 1st resistance at 9465 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could possibly rise to the 2nd resistance at 9847 (61.8% Fibonacci retracement, cup and handle exit potential). We have identified...
UKOIL is testing its resistance at 67.76 (61.8% Fibonacci retracement, horizontal overlap resistance), where it could potentially fall to its 1st support at 64.94 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). If it breaks this level, it could potentially fall to its next support at 63.18 (76.4% Fibonacci retracement, multiple swing low support). We...
EURUSD testing its resistance at 1.2264 (horizontal overlap resistance, breakout level) where it could potentially fall to its 1st support at 1.2198 (100% Fibonacci extension, 61.8% Fibonacci extension). If it breaks this support, it could fall to its next support at 1.2160 (horizontal swing low support). We have also identified 2 other resistances at 1.2292 and...
EURUSD approaching its resistance at 1.2355 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially see a reaction causing it to fall it its 1st support at 1.2260 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support). We have identified a 2nd resistance at 1.2411 (100%...
USDCAD approaching resistance area between 1.3102 (100% Fibonacci extension , horizontal overlap resistance) and 1.3161 (61.8% Fibonacci retracement , horizontal pullback resistance) where a potential drop might occur to its 1st support at 1.2919 (100% Fibonacci extension , 61.8% Fibonacci extension ). An ascending channel has also been identified. If it breaks...
approaching resistance at 90.34 (61.8% Fibonacci extension , horizontal swing high resistance) where it could potentially fall to its 1st support at 89.52 (61.8% Fibonacci extension , 100% Fibonacci extension , 50% Fibonacci retracement , horizontal overlap support). We have identified another resistance area at 91.01 (61.8% Fibonacci extension , L T 61.8%...
EURUSD approaching its support at 1.2260 (61.8% Fibonacci retracement , horizontal overlap support). We have also identified an impulsive Elliot Wave , where price could potentially rise to its 1st resistance at 1.2346 (horizontal pullback resistance) or if it breaks past this level, could potentially rise further to its 2nd resistance at 1.2411 (horizontal swing...
EURAUD approaching major resistance at 1.6020 (100% Fibonacci extension, 62.8% Fibonacci extension) where a potential reversal might happen which could push price down to its 1st support at 1.5621 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, 50% Fibonacci retracement). We have also identified another resistance at 1.6258 (horizontal swing high...
ASX bounced nicely off its support at 5906 (61.8% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its 1st resistance at 5988 (61.8% Fibonacci extension, 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). If it breaks past this point it could potentially...
AUDUSD is testing its major resistance level at 0.7825 (horizontal overlap resistance, 38.2%, 61.8% Fibonacci retracement ) which coincides with the long term descending resistance line. A strong reaction could occur at this level, pushing price down to our next major support level at 0.7729 (horizontal overlap support, 61.8% Fibonacci retracement , 61.8%...