Market analysis from FXCM
USDJPY is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 151.60 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 150.82 which is a level that lies underneath a multi-swing-low support. Take profit is at 153.16 which is an overlap resistance that...
USD/CHF could fall towards a multi-swing-low support and potentially bounce off this level to climb higher. Buy entry is at 0.9096 which is a multi-swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.9063 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.6279, which is an overlap resistance. Our take profit will be at 0.6177, an overlap support level. The stop loss will be placed at 0.6340, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Based on the H1 chart, the price is rising toward our sell entry level at 1.2391, aligning with a pullback resistance level. This setup suggests a potential bearish reversal. A rejection at this level could drive prices lower toward our take profit at 1.2330, a pullback support where buyers may look to step in near a previous support zone. The stop loss is set...
Based on the H1 chart, the price is approaching our sell entry level at 31.98, aligning with a pullback resistance level and the 61.8% Fibonacci retracement. This setup suggests a potential bearish reversal. A rejection at this level could drive prices lower toward our take profit at 31.658, where buyers may look to step in near a previous support zone. The stop...
Based on the M15 chart, the price is approaching our sell entry level at 2927.40, aligning with a pullback resistance level and the 61.8% Fibonacci retracement. This setup suggests a potential bearish reversal. A rejection at this level could drive prices lower toward our take profit at 2909.95, where buyers may look to step in near a previous support...
NAS100 is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 21,759.06 which is a swing-high resistance. Stop loss is at 22,000.00 which is a level that sits above the descending trendline and a swing-high resistance. Take profit is at 21,194.43 which is a multi-swing-low support. High Risk...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9102 which is a pullback support that intersects with an ascending trendline. Stop loss is at 0.9060 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement. Take profit is at 0.9158 which is a...
The Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5692 which is a multi-swing-high resistance. Stop loss is at 0.5733 which is a level that sits above the 127.2% Fibonacci extension and a swing-high resistance. Take profit is at 0.5589 which is an overlap support...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 71.95 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 73.50 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at...
Based on the H4 chart, the price is approaching our sell entry level at 1.24208, a pullback resistance. This setup suggests a potential bearish reversal. A retest of this level may present further downside opportunities, with our take profit set at 1.23172, aligning with a pullback support and the 78.6% Fibonacci retracement. The stop loss is placed at 1.25015,...
Based on the H4 chart, price has broken below our sell entry level at 1.03536, confirming a potential bearish continuation. A retest of this level may present further downside opportunities, with our take profit set at 1.02603, aligning with a pullback support and the 78.6% Fibonacci retracement. The stop loss is placed at 1.04498, above a key resistance level,...
Based on the H1 chart, the price is approaching our sell entry level at 32.125, aligning with a key resistance level and the 50% Fibonacci retracement. This setup suggests a potential bearish reversal. A rejection at this level could drive prices lower toward our take profit at 31.658, where buyers may look to step in near a previous support zone. The stop loss...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2880.26, that lines up with the 78.6% Fibo retracement Our take profit will be at 2855.42, an overlap support level. The stop loss will be at 2896.71, above the 127.2% Fibonacci extension and the 100% Fibonacci projection. High Risk Investment Warning Trading...
Silver (XAG/USD) is rising towards a potential breakout level and could climb higher from here. Buy entry is at 32.36 which is a potential breakout level. Stop loss is at 31.60 which is a level that lies underneath an overlap support and the ascending trendline. Take profit is identified between 32.90 and 33.03 which is a resistance zone that is bounded by the...
SPX500 is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 6,128.66 which is a swing-high resistance that aligns close to the all-time high. Stop loss is at 6,195.00 which is a level that sits above the 127.2% Fibonacci extension level. Take profit is at 6,011.02 which is a swing-low support. ...
Cable (GBP/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2466 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.2523 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance. Take profit is at...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 71.98 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 73.50 which is a level that sits above a swing-high resistance. Take profit is at 69.58 which is a swing-low support. ...