USDCHF is approaching our first resistance at 0.9989 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur...
EURJPY approaching resistance, potential drop!
EURJPY is approaching our first resistance at 127.577 (horizontal pullback resistance, short term ascending pullback resistance line, 23.6% Fibonacci retracement) and a strong reaction...
USDCAD approaching resistance, potential drop!
Price is approaching our first resistance at 1.3387 (horizontal pullback resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur...
AUDNZD approaching support, potential bounce!
Price is approaching our first support at 1.0775 (horizontal overlap support, 38.2% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major...
Summary
Today we are seeing a nice setup on USDCHF as it is approaching or first resistance which coincides with our Fibonacci retracement and Fibonacci extension level where we expect a drop to occur below...
GBPAUD approaching resistance, potential drop!
GBPAUD is approaching our first resistance at 1.8084 (horizontal swing high resistance, 61.8% Fibonacci retracement, 161.8%, 100% Fibonacci extension, Elliot wave...
EURUSD approaching support, potential bounce!
EURUSD is approaching our first support at 1.1626 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might...
USDCHF approaching resistance, potential drop!
Price is approaching our first resistance at 0.9918 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur below...
USDJPY approaching resistance, potential drop!
Price is approaching our first resistance at 110.22 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop could occur below...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.