• AUDNZD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.0779 (Horizontal pullback resistance, 38.2%, 50% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 1.0666 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching its resistance and a reaction off this […]

  • AUDNZD approaching support, potential bounce!

    Price is approaching our first support at 1.0666 (horizontal overlap support, 61.8% Fibonacci retracement) where price might rise up to our major resistance at 1.0779 (horizontal pullback resistance, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement). A breakout above our intermediate resistance at 1.0747 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) might provide […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0842 (horizontal swing high resistance, 61.8% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.066 (horizontal overlap support, 50% Fibonacci retracement). A breakout below our intermediate support at 1.075 (horizontal pullback support, 23.6% , 50% Fibonacci retracement) […]

  • AUDNZD approaching support, potential bounce!

    AUDNZD is approaching our first support at 1.0671 (horizontal overlap support, 23.6% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.0794 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2%, 50% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure, in line with our […]

  • AUDNZD is approaching support, potential bounce!

    AUDNZD broke out of our long term descending resistance-turned-support line and is approaching our first support at 1.0671 (horizontal pullback support, breakout level) and a strong bounce might occur above this level, pushing price up to our major resistance at 1.0764 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension). Ichimoku cloud is also […]

  • AUDNZD is approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0671 (horizontal swing high resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.0603 (horizontal overlap support, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major resistance and a reaction off this level […]

  • AUDNZD testing resistance, potential drop!

    Price is testing our major resistance at 1.0658 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.0554 (horizontal overlap support, 61.8% Fibonacci retracement). A breakout below our intermediate support at 1.0606 (horizontal overlap support, 23.6% Fibonacci […]

  • AUDNZD is approaching resistance, potential drop!

    AUDNZD is approaching our first major resistance at 1.060 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support level at 1.0489 (horizontal swing low support, 100% Fibonacci extension). A breakout below our intermediate support at 1.0554 (horizontal overlap support, 38.2% […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0636 (horizontal overlap resistance, 50% Fibonacci retracement) which coincides with the short term descending resistance line. A strong reaction might occur at this level, pushing price down to our major support at 1.0556 (horizontal swing low support). A breakout of our intermediate support at 1.0596 (horizontal swing low […]

  • AUDNZD testing resistance, potential rise on breakout!

    AUDNZD is testing our first resistance at 1.0585 (horizontal pullback resistance) which coincides with our short term descending resistance line. If price breaks out of this level, a strong rally might occur pushing price up to our major resistance at 1.0627 (horizontal swing high resistance, 38.2%, 50% Fibonacci retracement, 61.8% 100% Fibonacci extension). RSI (89) […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0627 (23.6%, 38.2% Fibonacci retracement, horizontal overlap resistance, 100% Fibonacci extension). A strong reaction might occur at this level pushing price down to our major support level at 1.0516 (61.8%, 100% Fibonacci extension, Elliot wave structure). A breakout of our intermediate support at 1.0586 (horizontal swing low support) […]

  • AUDNZD approaching support, potential rise!

    AUDNZD is approaching our first support at 1.0623 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 1.0691 (50% Fibonacci retracement, horizontal overlap resistance, 61.8% Fibonacci extension). A breakout of our intermediate resistance at 1.0657 (horizontal overlap resistance, 23.6% Fibonacci extension) […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0691 (38.2% Fibonacci retracement, horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our major support at 1.0637 (horizontal swing low support, 61.8% Fibonacci extension). A breakout of our intermediate support level at 1.0657 (horizontal overlap support) might provide further bearish acceleration […]

  • AUDNZD reacted off resistance, potential drop!

    AUDNZD is approaching its major resistance at 1.0729 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension) which coincides with the short term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 1.0634 (61.8% Fibonacci extension, horizontal swing low support). Prices might […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0670 (23.6% Fibonacci retracement, horizontal overlap support, 61.8% Fibonacci extension). A strong reaction could occur at this level pushing price down to our major support at 1.0636 (horizontal swing low support, 100% Fibonacci extension). RSI (21) is also approaching its major descending resistance line and we might see […]