• GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7972 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8249 (horizontal overlap resistance, 38.2% Fibonacci extension). Stochastic (55,5,3) is also approaching support and seeing a bullish divergence where we […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8221 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.7965 (horizontal swing low support, 100% Fibonacci extension). RSI (21) is also approaching resistance and we might see a corresponding drop […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8388 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.8015 (horizontal swing low support, 50% Fibonacci retracement). RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.8451 (horizontal overlap support, 23.6%, 38.2% fibonacci retracement, 61.8% fibonacci extension) and price might potentially bounce above this level to our resistance at 1.9026 (50% Fibonacci retracement). RSI (89) is also approaching support and we might see a corresponding bounce in price. Trading CFDs on margin carries high […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7934 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1811 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support where we might […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.8113 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.7918 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). RSI (55) is also seeing a bearish exit and […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.8052 (horizontal pullback support, 38.2%, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur above this level pushing price up to our major resistance at 1.8250 (Horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding rise […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7949 (horizontal pullback support, 61.8% Fibonacci extension, 23.6% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8168 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.7651 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.7325 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching our major resistance where we might see a […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.7633 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.7293 (horizontal swing low support, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and a reaction below this level […]

  • GBPAUD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.7709 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.7530 (horizontal swing low support, 76.4% Fibonacci retracement, Elliot wave structure, 100% Fibonacci extension). Ichimoku cloud is also showing signs […]

  • GBPAUD approaching support, potential bounce!

    GBPAUD is approaching our first support at 1.7706 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8242 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement). A breakout above our intermediate resistance at 1.7976 (horizontal swing […]

  • 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 structure) and a strong reaction might occur below this level, pushing price down to our major support at 1.7769 (horizontal overlap support, 50% Fibonacci retracement). A breakout below our short term ascending line might […]

  • GBPAUD approaching resistance, potential drop!

    GBPAUD is approaching our first resistance at 1.7593 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.7479 (horizontal swing low support, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our […]

  • GBPAUD testing resistance, potential drop!

    GBPAUD is testing our first resistance at 1.8208 (horizontal swing high resistance, 50%, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 1.7933 (horizontal swing low support). RSI is also approaching our major resistance where a reaction off that level might be a good precursor […]