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EURUSD is retesting the previously broken downside resistance of 1.10000. This is a significant level for an extension lower and any break above this level would lead to a test of significant 1.15000. Only a confirmed break above 1.15000 will lead to an extension higher but the probability for this is not so high as […]

NZDJPY is testing the 1997 high of 88.50. This is a significant level for the extreme upside extension and also the level where downside rejection could lead to a bigger reversal. Only a confirmed break above 88.50 will lead to an extension higher but the probability for this is not so high as it is

GBPJPY was unable to break above the 174.70 level of strong upside resistance after the recent strong bounce from 150 Only a confirmed break above 174.70 again will lead to an extension higher but the probability for this is not so high as it is reaching the confluence of a strong resistance. This short-term confirmed

AUDUSD was unable to break above the 0.6780 level of strong upside resistance after the recent strong bounce from 0.6560 Only a confirmed break above 0.6800 again will lead to an extension higher but the probability for this, after the recent consolidation break below 0.6560, is low. This short-term confirmed break below 0.6560 after the

GBPUSD was unable to break above the 1.2670 level strong resistance after the recent strong bounce from 1.1775 Only a confirmed break above 1.2670 will lead to an extension higher and a retest of 1.3350 to break above the falling channel and extend higher. This short-term confirmed break below 1.2470 after the resistance rejection would

Oil was unable to break above the 74 level after the recent strong bounce from 64 Only a confirmed break above 74 will lead to an extension higher and a retest of 79 to break above the falling channel and extend higher. This short-term confirmed break below 71 after the resistance rejection would lead to

XAUUSD was unable to break above the 2070 level recently and was rejected by it to break below 2000 again. Only a confirmed break above 2070 will lead to an extension higher and a continuation above 2100 to break above the historical high and extend higher. Any short-term confirmed break below 2000 would lead to

SPX is testing a solid upside resistance 4200. A confirmed break above this resistance could lead to a substantial upside extension, but we may also expect a new swing down for now as the SPX is ranging between 3800 and 4250 for almost six months now. Only a confirmed break above 4200 will lead to

AUDJPY is retesting a broken downside resistance 91. A confirmed break above this resistance could lead to a substantial upside extension, but we may expect also a new swing down for now. Only a confirmed break above 92 will lead to an extension higher and a continuation above 95 to test the 100 key level

Bitcoin is reaching a strong upside confluence of the resistance of 30500. A confirmed break above this resistance warrants a substantial upside extension, but we may expect a new swing down for now. Only a confirmed break above 30500 will lead to an extension higher and a continuation above 31000 to test the 36000 key