Market analysis from FXCM
NZD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8374 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 0.8420 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is at...
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,786.80 which is a pullback support. Stop loss is at 5,769.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 5,825.77 which is a level that aligns with the 78.6%...
DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 19,126.47 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 19,000.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is...
USD/JPY is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 149.27 which is a swing-high resistance. Stop loss is at 151.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 147.17 which is a pullback support that aligns with the...
EUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6333 which is an overlap resistance. Stop loss is at 1.6439 which is a level that sits above the 61.8% Fibonacci retracement level and a swing-high resistance. Take profit is at 1.6185 which is an overlap support that aligns with the...
Silver (XAG/USD) could fall towards a swing-low support and potentially bounce off this level to climb higher. Buy entry is at 30.05 which is a swing-low support. Stop loss is at 29.48 which is a level that lies underneath an overlap support and a 61.8% Fibonacci retracement level. Take profit is at 31.13 which is a pullback resistance that aligns with the...
Cable (GBP/USD) could rise towards a swing-high resistance and potentially reverse off this level to drop lower. Sell entry is at 1.3103 which is a swing-high resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3145 which is a level that sits above the 61.8% Fibonacci retracement level and a swing-high resistance. Take profit is...
DJIA (US30) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 41,966.98 which is a multi-swing-low support. Stop loss is at 41,400.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 42,720.14 which is a swing-high...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 74.06 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 72.18 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
NAS100 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 19,734.38 which is a pullback support. Stop loss is at 19,550.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 20,093.98 which is a swing-high resistance that aligns...
Gold (XAU/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 2,634.65 which is a multi-swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 2,610.00 which is a level that lies underneath a pullback support. Take profit is at 2,677.16 which is a...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.1005 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.1065 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
DAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 19,000.03 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 18,800.00 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
SPX500 is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 5,693.65 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 5,595.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
USD/CAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3634 which is a swing-high resistance. Stop loss is at 1.3718 which is a level that sits above the 127.2% Fibonacci extension level and an overlap resistance. Take profit is at 1.3539 which is an overlap support. High Risk...
WTI oil (USOIL) is rising towards a potential breakout level and could climb higher from here. Buy entry is at 75.11 which is a potential breakout level. Stop loss is at 72.75 which is a level that lies underneath a pullback support. Take profit is at 78.62 which is an overlap resistance that aligns close to the 78.6% Fibonacci projection level. High Risk...
WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 74.07 which is an overlap resistance that aligns with the 127.2% Fibonacci extension level. Stop loss is at 77.10 which is a level that sits above the 161.8% Fibonacci extension level and a swing-high resistance. Take profit is at...
The DAX (GER30) has reversed off a pullback support and could potentially climb higher from here. Buy entry is at 19,000.03 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 18,800.00 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is at 19,337.11...