• EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5906 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.5997 (61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5916 (50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.5863 (50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support level at 1.5914 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5967 (50% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price. Trading […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.6158 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.5813 (Horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5807 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 1.6149 (horizontal swing high resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.6358 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.5960 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin […]

  • EURAUD approaching support, potential bounce!

    EURAUD is approaching our first support at 1.5740 (horizontal overlap support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.6048 (horizontal pullback resistance, 50% Fibonacci extension). Stochastic (89,5,3) is also approaching support we might see a corresponding rise in price […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.6148 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.6074 (horizontal pullback support, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic (21) is also facing bearish pressure and we might see a corresponding drop in price. Trading […]

  • EURAUD is approaching support, potential bounce!

    EURAUD is approaching our first support at 1.6167 (horizontal overlap 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 1.6260 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.6265 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.5715 (horizontal overlap support, 61.8% Fibonacci extension, 61.8%, 78.6% Fibonacci retracement, long term ascending support line). Stochastic (55,5,3) is also […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.6194 (horizontal swing high resistance, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.2892 (horizontal pullback support, 50% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where a reaction below this level might […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5968 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.5840 (horizontal swing low support, 23.6%, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching our resistance and seeing a bearish divergence […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5727 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.5540 (horizontal overlap support, 61.8% Fibonacci extension, 76.4%, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in […]

  • EURAUD approaching resistance, potential drop!

    EURAUD is approaching our first resistance at 1.5727 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.5540 (horizontal overlap support, 61.8% Fibonacci extension, 76.4%, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in […]

  • EURAUD approaching resistance, potential drop!

    Price is approaching our first resistance at 1.5653 (horizontal overlap resistance, 23.6% Fibonacci retracement) where price might drop to its support at 1.5540 (76.4%, 61.8% Fibonacci retracement , horizontal pullback support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89) is seeing a bearish exit and we […]