The Pound (GBP/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.26119 which is a pullback support. Stop loss is at 1.25550 which is a support level that sits under the 100.0% Fibonacci projection level. Take profit is at 1.26948 which is a pullback resistance that aligns close to the...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
GBP/NZD is approaching an overlap resistance resistance and the momentum could potentially carry price up to the take profit target. Buy entry is at 2.06497 which is an overlap resistance and a potential bullish breakout level. Stop loss is at 2.05330 which is a level that sits under an overlap support. Take profit is at 2.07850 which is a pullback resistance...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60987 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.60350 which is a level that sits under the 61.8% Fibonacci retracement level. Take profit is at 0.61696 which is a...
USD/JPY has just broken above a pullback resistance and the momentum could potentially carry price up to the take profit target. Buy entry is at 147.498 which is a pullback resistance and a potential bullish breakout level. Stop loss is at 146.464 which is a pullback support. Take profit is at 148.951 which is a pullback resistance that aligns close to the...
The Euro (EUR/USD) has just broken below a pullback support and the momentum could carry price lower towards the take profit target. Sell entry is at 1.08618 which is a pullback support and a potential bearish breakout level. Stop loss is at 1.09000 which is a level that sits above a pullback resistance. Take profit is at 1.08137 which is a pullback support...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 169.142 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 167.923 which is a level that aligns with the 38.2% Fibonacci retracement level and sits under a pullback support. Take profit...
NZD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 90.123 which is a pullback resistance. Stop loss is at 90.580 which is a level that sits above a pullback resistance. Take profit is at 89.709 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. High...
News commentary and technical analysis, every Tuesday & Thursday 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.
EURCHF could continue to rise and meet with resistance at the sell entry level. From there price might reverse and fall to the take profit level. Sell entry is at 0.94139 which is a pullback resistance level. Stop loss is at 0.94754 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Take profit is at 0.92649 which is a level...
EURJPY could continue with the bullish momentum and rise to the buy entry level. From there it might rise to the take profit level. Buy entry is at 159.977 which is a swing-high resistance level. Stop loss is at 158.590 which is a level that sits under a pullback support that aligns with the 50% Fibonacci retracement. Take profit is at 161.500 which is an...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2028.91, which is a pullback support. Our take profit will be at 2058, an overlap resistance level. The stop loss will be placed at 2017, which is a support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8629, which is an overlap resistance that aligns with the 61.8% FIbo retracement. Our take profit will be at 0.8555, an overlap support level. The stop loss will be placed at 0.8737, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on...
The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.66554 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 0.65890 which is a level that sits under a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.33414 which is a pullback support. Stop loss is at 1.32640 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 1.34508 which is a pullback resistance that aligns with the 61.8%...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
EURCAD could continue the bullish momentum and rise to our buy entry level. Then it could continue rising to the take profit level. Buy entry is at 1.47007 which is swing-high resistance level. Stop loss is at 1.462772 which is a level that sits under a pullback support that aligns with the 61.8% Fibonacci retracement level. Take profit is at 1.48309 which is...