Preference: Price abiding to a descending trendline signifying a bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards 1st Support in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement. Alternative Scenario: Alternatively, price can push pass up towards the 1st resistance in line with …
Preference: Prices have recently broken out of our ascending trendline and have the potential to climb from our Pivot at 113.44 in line with 23.6% Fibonacci retracement and climb higher towards our 1st resistance at 114.202 which is an area of Fibonacci confluences. Alternative Scenario: Alternatively, prices might dip towards our 1st support at 112.978 …
Preference: Prices have recently broken out of our bullish trendline. We see the potential for prices to dip from our Pivot at 113.642 in line with 50% Fibonacci retracement to our area of 1st support at 113.016 in line with 38.2% Fibonacci retracement. Alternative Scenario: Alternatively, prices may climb higher towards our 1st resistance at …
Preference: In reference to yesterday’s analysis, Head and shoulders spotted at the top of the trend, signifying a bearish momentum. We can expect the price to drop from the pivot level at (current price) towards the 1st support in line with 50% Fibonacci retracement. Alternative Scenario: Alternatively, price could bounce up to the 1st resistance …
Preference: Price is on a bullish momentum. Prices have a potential of dipping from our Pivot at 15746.6 in line with 61.8% Fibonacci retracement and 100% Fibonacci extension to our 1st support at 15596.82 in line with 50% Fibonacci retracement. Alternative Scenario: Alternatively, prices may climb higher towards our 1st resistance at 15941.46 in line …
Preference: Price is abiding by an ascending trendline and has potential to dip from our Pivot at 114.188 in line with 61.8% Fibonacci retracement to our 1st support at 113.238 in line with 38.2% Fibonacci retracement. Alternative Scenario: Alternatively, prices could climb higher towards our 1st resistance at 114.676 in line with 100% Fibonacci retracement.
Preference: Price broke out of an ascending trendline, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection towards the 1st Support level in line with 61.8% Fibonacci projection. Alternative Scenario: Alternatively, price could push all the way up to the …
Preference: Price has been testing around our Pivot at 113.913 in line with 100% Fibonacci extension and bearish trendline, and has the potential to dip towards our 1st support at 113.207 in line with 61.8% Fibonacci extension and 38.2% Fibonacci retracement. Alternative Scenario: Alternatively, prices may climb higher towards our 1st resistance at 114.201 in …
Preference: Price has broken out of the ascending wedge towards the downside, signifying a bearish momentum. We can expect priced to drop from the pivot level in line with 38.2% Fibonacci retracement towards the 1st Support in line with 38.2% Fibonacci retracement. Alternative Scenario: Alternatively, price could push upwards to 1st resistance in line with …
Preference: USDJPY is on a bearish momentum. Prices have the potential to dip from our Pivot at 113.68 in line with 127.2% Fibonacci extension to our 1st support at 112.959 in line with 127.2% Fibonacci Extension and 200% Fibonacci Projection. Alternative Scenario: Alternatively, prices might climb to our 1st resistance at 113.935 in line with …
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