Market analysis from FXCM
Based on the H4 chart, the price is approaching our sell entry level at 155.88, which aligns with a strong resistance level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 154.142, an overlap support zone where price may find buying interest. The stop loss is placed at 156.894, above the previous swing...
Based on the H4 chart, the price has just fallen from our sell entry level at 2,745.71, which aligns with a pullback resistance level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,718.84, near the 61.8% Fibonacci retracement, a key pullback support level where price may find buying interest. The...
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.9009 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.8949 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 0.9102...
USD/JPY is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 155.09 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 154.00 which is a level that lies underneath a pullback support. Take profit is at 157.10 which is a pullback...
Based on the H4 chart, the price is approaching our buy entry level at 21,359.42, which aligns with a key support level that aligns close to the 50% Fibonacci retracement. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 21,738.52, near the previous resistance zone, a key level where price may encounter...
Based on the M15 chart, the price is approaching our sell entry level at 2,770.05, which aligns with an overlap resistance zone and the 50% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,749.14, near the recent swing low, a key support level where price may find buying...
Based on the H1 chart, the price is falling toward our buy entry level at 1.23763, which aligns with an overlap support and the 61.8% Fibonacci retracement. This level is expected to act as a potential continuation point in the bullish setup. Our take profit is set at 1.24801, near a key resistance level where price may face selling pressure. The stop loss is...
Based on the H4 chart, the price is approaching our buy entry level at 1.04482, which aligns with a strong support level and a previous resistance-turned-support zone. This level is expected to act as a potential continuation point in the bullish setup. Our take profit is set at 1.05366, an overlap resistance that aligns with the 78.6% Fibo retracement where...
Based on the H4 chart, the price is approaching our sell entry level at 194.59, 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 192.99, near a key support level where price may find buying interest. The stop loss is placed...
Based on the H4 chart, the price is approaching our sell entry level at 0.6346, which aligns with a strong resistance level and the 127.2% Fibonacci extension. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 0.6281, an overlap support level. The stop loss is placed at 0.6422, an overlap resistance...
Based on the H1 chart, the price is falling toward our buy entry level at 1.23299, which aligns with a pullback support level and the 61.8% Fibonacci retracement. This level is expected to act as a potential bounce point in the bullish setup. Our take profit is set at 1.23982, a recent high. The stop loss is placed at 1.22816, below the previous swing low,...
Based on the H4 chart, the price is approaching our sell entry level at 2,775.66, which aligns with a strong resistance level and the 161.8% Fibonacci extension and thr 61.8% FIvonacci projection. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,747.22, an overlap support level where price may find...
Russell 2000 (US2000) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,334.31 which is an overlap resistance. Stop loss is at 2,390.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 2,255.07 which is a swing-low support. High...
SPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 6,042.53 which is an overlap support. Stop loss is at 5,995.00 which is a level that lies underneath an overlap support. Take profit is at 6,102.21 which is a multi-swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on...
Based on the D1 chart, the price is approaching our sell entry level at 44,332.62, which aligns with a pullback resistance level and the 78.6% Fibonacci retracement and the 161.8% Fiboancci extension. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 43,320.27, a pullback support. The stop loss is placed...
Based on the H4 chart, the price is approaching our buy entry level at 0.9008, which aligns with an overlap support level and the 161.8% Fibonacci extension. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 0.9091, near a key resistance level where price may face selling pressure. The stop loss is placed...
Based on the H4 chart, the price is approaching our buy entry level at 191.739, an overlap support, and the 38.2% Fibonacci retracement. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 194.593, near the 61.8% resistance level where price may face selling pressure. The stop loss is placed at 189.317,...
Based on the H1 chart, the price is approaching our buy entry level at 1.22990, which aligns with a pullback support level and the 38.2% Fibonacci retracement. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 1.24413, near a key resistance level where price may face selling pressure. The stop loss is...