Description
Price is testing our Pivot point at 1875.95 which is in line with our 38.2% Fibonacci retracement, 61.8%, 61.8% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1896.50, which is in line with 127%, 127% Fibonacci extension, 78.6% fibonacci retracement and horizontal swing high resistance. It is worth noting that price is trending above the Ichimoku cloud and Ascending trendline support, in line with our bullish analysis.
Pivot: 1875.95
Why we like it:
38.2% Fibonacci retracement, 61.8%, 61.8% Fibonacci extension and horizontal graphical overlap
1st Support: 1854.93
Why we like it:
61.8% Fibonacci extension and horizontal swing low support.
1st Resistance: 1896.50
Why we like it:
127%, 127% Fibonacci extension, 78.6% fibonacci retracement and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 1875.95 which is in line with our 38.2% Fibonacci retracement, 61.8%, 61.8% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1896.50, which is in line with 127%, 127% Fibonacci extension, 78.6% fibonacci retracement and horizontal swing high resistance. It is worth noting that price is trending above the Ichimoku cloud and Ascending trendline support, in line with our bullish analysis.
Pivot: 1875.95
Why we like it:
38.2% Fibonacci retracement, 61.8%, 61.8% Fibonacci extension and horizontal graphical overlap
1st Support: 1854.93
Why we like it:
61.8% Fibonacci extension and horizontal swing low support.
1st Resistance: 1896.50
Why we like it:
127%, 127% Fibonacci extension, 78.6% fibonacci retracement and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.