#technical_analysis - Tickmill Expert Blog - Forex Traders Blog

USDJPY, H4 bouncing above key support, potential for further upside

USDJPY, H4 is seeing strong support above 109.30 where there is a 50% fibonacci retracement and a 61.8% Fibonacci extension. This also coincides well with the moving average support we're seeing.Price...

Nikkei H1 approaching key resistance, potential reversal

Nikkei H1 is apaporaching a key resistance level at 29030 which is a 61.8% Fibonacci retracement, a strong horizontal overlap resistance and also a level where strong price action pushed price...

USDJPY, H1 breaking key support, potential for a drop

USDJPY, H1 has broken a key support at 109.75 which is a strong fibonacci confluence area. On a short term perspective, it is also making lower highs signalling a potential change in trend direction.A...

Nikkei (JP225), H1 testing support, potential for a bounce

Nikkei (JP225), H1 is seeing support above the 28400 which happens to be a 127% fibonacci extension and a recent swing low. A bounce from here could see prices rise towards the 127.2% Fibonacci...

USDJPY, H1 seeing strong bullish momentum, potential for a bounce?

USDJPY, H1 seems to be approaching our support level at 109.00 which happens to line up nicely with a 38.2% fibonacci retracement and a 61.8% fibonacci extension. It also lines up very nicely with a...

DAX, H1 Potential Bounce

DAX is approaching support at the 15450 level which happens to be a big 23.6% retracement along with a minor 127.2% extension. Seeing that price is in a recent uptrend, the support level where dips...

Weekly Market Outlook 24-05-21

In this Weekly Market Outlook 24-05-21, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!Disclaimer: The...

EURUSD, H4: Could we be seeing a potential bounce?

EURUSD, H4 Technical Outlook:We're seeing strong bullish momentum on EURUSD - our chart in focus is on the H4 timeframe. There's a strong ascending support line that stretches all the way back to 31st...

Weekly Market Outlook 10-05-21

In this Weekly Market Outlook 10-05-21, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!Disclaimer: The...