NZD/USD bounced nicely off its support at 0.6540 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6572 (61.8% Fibonacci retracement). Stochastic (89, 5, 3) is bounced off its support at 3.6% where a corresponding rise could occur. NZD/USD bounced nicely off its support where we expect to see a further rise. Buy above 0.... Read More

XAU/USD bounced nicely off its support at 1,193(100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1,204 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is bounced off its support at 5.6% where a corresponding rise could occur. XAU/USD bounced nicely off its support where we expect to see a further rise. Buy above 1,... Read More

GBPAUD is approaching its resistance at 1.8256 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.8172 (61.8% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. GBPAUD is approaching its resistance where we expect to see a reversal. Sell below 1.8... Read More...

NZDJPY is approaching its resistance at 74.11 (61.8% Fibonacci extensionx2, 61.8%, 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 73.19 (50% Fibonacci retracement, horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected. NZDJPY is approaching its resistance where we expect to see a reversal. Sell below 74... Read More

USD/CAD is approaching its support at 1.2966 (61.8% Fibonacci extension x3, 76.4% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.3039 (23.6% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur. USD/CAD is approaching its support where we expect to see a bounce. Buy above 1.2... Read More