Market analysis from FXCM
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5679 which is an overlap resistance that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 0.5732 which is a level that sits above a swing-high resistance. Take profit is at 0.5582 which is an overlap...
Silver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 31.29 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 31.06 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
Based on the H1 chart, the price is approaching our sell entry level at 44,589.66, which aligns with a strong resistance level and the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 44,078.74, near a previous support level, where price may find buying interest. The stop...
Based on the H1 chart, the price is falling toward our buy entry level at 191.604, which aligns with a pullback support level and the 50.0% Fibonacci retracement. This level is expected to act as a potential bullish continuation point. Our take profit is set at 192.936, near a previous resistance level, where the price may face selling pressure. The stop loss is...
Based on the H4 chart, the price is rising toward our sell entry level at 1.26079, which aligns with an overlap resistance zone and the 127.2% Fibonacci extension level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.23759, a pullback support level, where the price may find buying interest. The stop...
Based on the H4 chart, the price is approaching our sell entry level at 1.0344, an overlap resistance that aligns close to the 50% FIbvonacci resistance level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.0190, near a key support zone where price may find buying interest. The stop loss is placed at...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6173 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.6223 which is a level that sits above the 50.0% Fibonacci retracement and a pullback resistance. Take profit is...
Nasdaq-100 (NAS100) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 21,179.71 which is a pullback resistance. Stop loss is at 21,382.00 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance. Take profit is at 20,777.93 which is a swing-low support. High...
DAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 21,514.06 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 21,855.00 which is a level that sits above a swing-high resistance that aligns close to the al-time high. Take profit is...
Based on the H4 chart analysis, the price is approaching our buy entry level at 43,280.46, which is a significant overlap support that aligns close to the 50% Fibonacci retracement. Our take profit is set at 44,575.46, a pullback resistance level. The stop loss is placed at 42,602.17, a pullback support level. High Risk Investment Warning Trading Forex/CFDs...
Based on the M15 chart analysis, the price is rising toward our buy entry level at 2789.90, which is a pullback resistance close to the 38.2% Fibo retracement. Our take profit is set at 2772, an overlap pullback support that aligns with the 61.8% Fibo retracement. The stop loss is placed at 12802.96, above the 61.8% Fibo retracement level. High Risk...
Based on the H4 chart analysis, the price is approaching our buy entry level at 1.0191, which is a swing low support. Our take profit is set at 1.0345, near a strong pullback resistance level. The stop loss is placed at 1.0061, below the 127.2% Fibo extension. 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, the price is approaching our buy entry level at 1.2235, which is a significant overlap support that aligns with the 78.6% Fibonacci retracement. This level presents a potential reversal point for the current downtrend. Our take profit is set at 1.2372, near a strong pullback resistance level. The stop loss is placed at 1.2104,...
DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 21,514.06 which is a pullback support that aligns close to a 38.2% Fibonacci retracement. Stop loss is at 21,080.00 which is a level that sits under swing-low support. Take profit is at 22,033.93 which is a level that aligns with the...
WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 73.99 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement. Stop loss is at 75.55 which is a level that sits above the 38.2% Fibonacci retracement and an overlap resistance. Take profit is at 71.31 which...
USD/JPY is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 155.69 which is a swing-high resistance that aligns with a 38.2% Fibonacci retracement. Stop loss is at 157.00 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at 153.26 which is...
The Cable (GBP/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.2371 which is an overlap support that aligns with a 38.2% Fibonacci retracement. Stop loss is at 1.2282 which is a level that sits under a pullback support and the 50.0% Fibonacci retracement. Take profit is at 1.2501 which is...
Based on the H4 chart, the price is approaching our buy entry level at 72.698, which aligns with a strong overlap support level. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 74.884,an overlap resistance zone where price may encounter selling pressure. The stop loss is placed at 71.193, below the...