Market analysis from FXCM
Based on the H4 chart, the price is approaching our sell entry level at 0.90806, which aligns with a pullback resistance and the 38.2% Fibonacci retracement level. This level is expected to act as a potential reversal point for a bearish move. Take profit at 0.90253, where buyers may step in near a previous demand zone. The stop loss is at 0.91282, slightly...
Based on the H4 chart, the price is testing our sell entry level at 44,728.54, a pullback resistance. This level is expected to act as a potential reversal point in the bearish setup. A successful rejection at this resistance could drive prices lower toward our take profit at 44,029.64, where buyers may step in near a previous support level. The stop loss is...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 76.05, which is an overlap resistance Our take profit will be at 2838.63, an overlap support level. The stop loss will be at 2883.65, above a swing high resistane and the 127.2% Fivobacci extension. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 151.06, which is an overlap support that aligns with the 161.8% Fibo extension and the 78.6% Fibo retracement. Our take profit will be at 152.68, which is an overlap resistance level that aligns with the 38.2% Fiboancci retracement. The stop loss will be placed at...
Russell 2000 (US2000) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,321.96 which is a multi-swing-high resistance. Stop loss is at 2,382.00 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at 2,256.42 which is a...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.4396 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.4512 which is a level that sits above a swing-high resistance. Take profit is at 1.4260 which is a swing-low support. High...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.9058 which is an overlap resistance. Stop loss is at 0.9090 which is a level that sits above the 38.2% Fibonacci retracement and a pullback resistance. Take profit is at 0.9000 which is a swing-low support. High Risk Investment...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 71.75 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 72.30 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance. Take profit is at 70.64...
Based on the M15 chart, Calling for a bearish break below the sell entry level at 2,860.73. This level has acted as key support, and a confirmed break below it could trigger further downside momentum. A successful breakdown would open the way towards our take profit at 2,844.96, aligning with a previous demand zone and the 50% Fibonacci retracement. Our stop...
Based on the H4 chart, the price is testing our buy entry level at 152.158, a pullback support. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 153.750, a pullback resistance The stop loss is placed at 150.604, below the previous swing low, allowing room for price fluctuations while keeping the bullish...
Based on the H4 chart, the price is falling toward our buy entry level at 1.24679, which aligns with an overlap support level and the previous breakout zone. This area is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 1.25628, near a previous resistance level, where price may face selling pressure. The stop loss is...
Based on the H1 chart, the price has just reacted off our sell entry level at 1.04025, a pullback resistance. This area is expected to serve as a potential reversal point in the bearish setup. Our take profit is set at 1.03445, pullback support, where price may encounter buying interest. The stop loss is placed at 1.04498, just above the previous swing high,...
Based on the H4 chart, the price has broken below our sell entry level at 0.90805, confirming a potential bearish continuation. This level previously acted as a support zone and is now expected to serve as a resistance. Our take profit is set at 0.89869, aligning with a key support level, where price may find buying pressure. The stop loss is placed at 0.91458,...
Based on the H4 chart, the price is entering our sell entry zone at 2,856.46 - 2860, which aligns with the 61.8% Fibonacci projection and 127.2% Fiboancci extension This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,830.59, near a previous support area, where price may find buying interest. The stop loss...
Based on the H1 chart, the price has just reacted off our sell entry level at 1.2486, which aligns with an overlap resistance. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.2373, a pullback support, where price may find buying interest. The stop loss is placed at 1.2606, above the 127.2% Fibonacci...
Based on the H1 chart, the price is approaching our sell entry level at 1.03789, which aligns with a key resistance zone and the 78.6% Fibonacci retracement level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.03435, near a previous support zone, where price may find buying interest. The stop loss...
Gold (XAU/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 2,812.31 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 2,800.00 which is a level that lies underneath the 38.2% Fibonacci retracement level. Take profit is at 2,847.42 which is a...
AUD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 96.78 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 97.60 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 95.64 which...