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Technical Analysis

DAX bouncing from pivot, potential for rise

Price is bouncing from our poivot point in line with 61.8% Fibonaci retracmenet and 78.6% Fibonacci extension where we may see a push towards the 1st resistance in line with -27.2% Fibonacci...

EURUSD Reversing from pivot, we may see a drop from here

Price is reversing from our pivot point, in line with 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal graphical overlap. We may see price drop from here towards our 1st support...

USDJPY broke below ascending trendline, potential for further downside

Prices has broken below ascending trendline support-turned resistance, and stochastics is also appraoching resistance level where it has reversed from before. A bnreak and close below the Pivot, in...

BTCUSD approaching pivot, potential for bounce

Prices are currently facing bearish pressure s it is approaching pivot in line with 100% Fibonacci extension and 78.6% Fibonacci retracement, Prices might push up from pivot towards horizontal swing...

NIKKEI approaching ascending trendline, potential for a bounce

Prices is approaching Pivot, in line with 61.8% Fibonacci retraceemnt, 78.6% Fibonacci extension, ascending trendline support and horizontal swing low support. We could see a bounce and further rise...

Russian Ruble Dives Under 73, But Could Recover!

Good day,Russian ruble entered the supporting zone formed between the levels 72.30 and 73.00. In this zone, the asset’s price could jump. However, it could also drop till the level of 72.50. So, let’s...

USDJPY, H1 is currently facing bearish pressure, potential drop if we break below 110.10.

USDJPY, H1 is seeing bearish pressure below the 110.30 area. If prices break below the 110.10 area which happens to be a 100% Fibonacci extension and a 127.2% Fibonacci retracement, we could see a...

BTCUSD, H1 seeing strong bullish momentum

BTCUSD, H1 is seeing a strong ascending support along with 55EMA support holding it up nicely. It's also bouncing right above a strong Fibonacci confluence area where it could bounce up to 1st...

Nikkei, H1 facing bearish pressure, potential for further downside

Nikkei, H1 is seeing strong bearish pressure a recent descending resistance line. It also coincides with a 38.2% Fibonacci retracement and a pullback resistance. A drop from here could push prices all...