Price is at lower trendline wedge where we could potentially see price swing towards Take Profit at 1,813.37, in-line with 50% Fibonacci Retracement and 61.8% Fibonacci Extension. If the drops below the ascending trendline we would see it swing towards Stop Loss at 1,782.80, in-line with 61.8% Fibonacci Retracement and...

Price is likely to bounce up from strong horizontal overlap support which is in line with the 61.8% Fibonacci retracement and 127.2% Fibonacci extension level. Prices are expected to rise up to the take profit at the horizontal overlap resistance in line with the 61.78% Fibonacci extension level. Our bullish...

Price is consolidating above 20EMA where we may potentially see further upside towards Take Profit at 1.37701, in line with 61.8% Fibonacci Retracement and 200% Fibonacci Extension. MACD is also indicating bullish momentum for further upside. If the price reverses from the pivot, we would see it swing towards Stop...

EURAUD is above approaching buy entry, in line with 100% Fibonacci extension. Prices are expected to rally towards take profit, in line with 161.8% Fibonacci retracement and 61.8% Fibonacci extension. Alternatively, prices may fall to take support at stop loss, in line horizontal pullback support, and 50% Fibonacci retracement. EMA...

EURJPY is holding below horizontal swing high resistance, in line with descending trendline resistance, 61.8% Fibonacci retracement, and 100% Fibonacci extension. Prices are expected to fall to horizontal swing low support, in line with 100% Fibonacci extension. Alternatively, prices may increase top horizontal swing high resistance, in line with Fibonacci...

We have added a triple moving average system to determine the trendiness of XAUUSD. Green>orange>red is regarded as a bullish formation. When this is achieved with angle and separation (blue arrows) a price uptrend typically ensues. Current price action lacks clear direction in this regard. We note that the short-term...

FXCM's USBANKS basket is in the bearish area on the daily chart on the left. The basket is an equal weighting (20% each) of JPM, BAC, WFC and C. A bearish cross of the EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increase the...

AUDUSD is in a long-term downtrend. A short-term drop below 23.6% Fibonacci retracement and our entry at 0.73362 towards the Fibonacci confluence zone at 0.72432 could be possible. Technical indicators are showing room for further bearish momentum as well. Price is below moving average and MACD is below 0. Any...

Price is facing bearish pressure and is likely to resist off horizontal overlap resistance which is in line with 61.8% Fibonacci extension. Price will then take support at 0.91631 which coincides with 88.7% Fibonacci retracement, 127.2 Fibonacci extensions as well as horizontal swing low support. Alternatively, the price could break...

Prices are reacting below the resistance level of 110.017, in line with descending trendline resistance, 78.6% Fibonacci retracement and 161.8% Fibonacci extension. Prices are expected to reverse off this level and take support at 109.064, in line with horizontal swing low support and 78.6% Fibonacci extension. Alternatively, if prices break...