At Support or Resistance
USDJPY daily chart: Testing near term resistance at 108.80 -109.00
EURNZD daily chart: At prior swing low and potential resistance 1.6800 area. Will downtrend resume?
AUDCHF daily chart: At 0.6856 swing low and potential support. A breakout would extend the downside.
EURCHF daily chart: Retesting broken swing low and resistance level at 1.1057. An area of interest for the bears.
GBPCHF daily chart: At long term major support among 1.2215-1.2250
GBPNZD daily chart: Hit broken swing low and resistance at 1.8709 before retreating.
The S&P/ASX 200 index daily chart: Approaching its all-time high and potential major resistance at 6850.
Candlestick Patterns
GBPAUD daily chart: The price formed a shooting star that’s followed by small Gravestone doji candlestick patterns.
EURJPY daily chart: A long legged doji at 120.78 prior low.
NZDUSD weekly chart: A bearish engulfing candlestick pattern
Light Crude Oil weekly chart: Another bearish engulfing candle.
Candlestick Patterns Near Support or Resistance
GBPCHF weekly chart: A long-legged doji candlestick pattern at 1.2232 support area.
Palladium weekly chart: A bearish shooting star candlestick pattern at prior swing high and potential resistance 1577.
CAC40 daily chart: Bearish engulfing candlestick pattern at resistance area among 5630-5657.
EURUSD daily chart: Long-legged doji candlestick pattern at 1.1100 support area
Breaking Out of Support or Resistance
AUDJPY daily chart: breakout below 75.13 swing low.
USDCAD daily chart: Breakout above 1.3145 latest swing low and resistance level.
Chart Patterns
GBPCAD weekly chart: Hits 1.271 Fibonacci extension for bullish ABCD pattern. The pattern may complete at the current price level or at the 1.618 extension at 1.5855.
technical analysis alerts, good idea!
Thanks stay posted
Regarding the ABCD pattern on gbpcad, what do you think after this big decline?
Yeah we have taken the 1.272 extension, next will be to monitor 1.618 extension at 1.5855. As usual DO NOT trade without confirmation as I mentioned in my technical analysis basics tutorial