Market analysis from FXCM
The Aussie (AUD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.65118 which is a potential breakout level. Stop loss is at 0.65580 which is a level that aligns with the 61.8% Fibonacci retracement level and sits above a pullback resistance. Take profit is at 0.64634 which is a pullback support that aligns...
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
NZDCAD pair could bounce off the buy entry and rise to take profit level Buy entry is at 0.81982 which is a pullback support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 0.81587 which is a level that sits above the swing-low support. Take profit is at 0.82763 which is a multi-swing-high resistance level. High Risk Investment...
The EURJPY could continue with the bullish momentum and rise to take profit level. Buy entry is at 161.721 which is a swing-high resistance. Stop loss is at 160.249 which is a level that sits above the pullback support. Take profit is at 163.649 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8650, which is a pullback support that aligns with the 50% FIbo retreatment Our take profit will be at 0.8714, a pullback resistance. The stop loss will be placed at 0.8586, below the 78.6% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0794, which is a pullback resistance that aligns with the 38.2% Fibo retracement Our take profit will be at 1.0713, a pullback support level. The stop loss will be placed at 1.0874 a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2039, which is an overlap resistance. Our take profit will be at 2020, a support level. The stop loss will be placed at 2052, above 127.2% FIbo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6135, which is a pullback resistance aligning with a 127.20 Fibo extension. Our take profit will be at 0.6114, a pullback support level. The stop loss will be placed at 0.6160, above the swing-high resistance level.
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 1.0763, which is a bearish breakout support level Our take profit will be at 1.0715, an overlap support. The stop loss will be placed at 1.0812, above a recent swing high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 1.2607, which is a bearish breakout support level Our take profit will be at 1.2554, a pullback support. The stop loss will be placed at 1.2657, which is an overlap resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 2021.18, which is an overlap resistance. Our take profit will be at 2008, an overlap support level. The stop loss will be placed at 2031, which is a pullback resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8778, which is an overlap resistance. Our take profit will be at 0.8729, an overlap support level. he stop loss will be placed at 0.8819, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.