Market analysis from FXCM
On the H4, price is bearish biased and moving strongly in an ascending trendline. It is still respecting the Ichimoku indicator, and has confirmed a strong downside momentum. It is now going to test at the first resistance which is the entry for sell at 134.233. If prices were to break key level it will go to our stop loss at 134.798. Alternatively, price could go...
On the H4, with price bouncing off to the ascending trendline, also, the momentum of red histogram is decreasing, we have a bullish bias that price may rise from the buy entry at 0.62053 where 50% fibonacci retracement is to the take profit at 0.63525 at the swing high, 61.8% fibonacci projection and 50% fibonacci retracement . Alternatively, price may reverse off...
On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to buy entry at 112.86 where the swing high resistance, 38.2% fibonacci retracement and 100% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to...
On the H4, with RSI moving along an ascending trendline, we have a bullish bias that price will rise from buy entry at 1644.27 where the overlap support is to the take profit at 1792.30 where the swing high resistance, 127.2% fibonacci extension and 61.8% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 1464.11...
On the H4, with price breaking the ascending channel , we have a bearish bias that price might drop from our buy entry at 7.53, which is in line with 100% projection and 61.8% fibonacci retracement to the take profit at 6.57, which is in line with overlap support and 161.8% fibonacci projection . Alternatively, price may rise to our stop loss at 9.03, which is in...
On the H4, with prices going up, we have a bullish bias that price may rise to our entry level at 1768.25. Price should rise to our take profit level 1784.25 which coincides with 127.2% Fibonacci Extension . If prices rejects, stop loss will be at 1758.48 Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on...
On the H4, with price going along the ascending trendline, RSI showing an ascending trendline and moving above the ichimoku cloud , we have a bullish bias that price will rise from the buy entry at 0.63447 where 61.8% fibonacci projection is to the take profit at 0.64648 where the 78.6% fibonacci retracement is. Alternatively, price may reverse off the buy entry...
On the H4, with price moving above the ichimoku cloud and going along the ascending trend channel, we have a bullish bias that price will rise from the buy entry at 0.70538, where the 61.8% fibonacci retracement is to the take profit at 0.71534 at the swing high and 78.6% fibonacci retracement . Alternatively, price may reverse off buy entry and drop to the stop...
On the H4, prices have broken the bearish trend moving into a bullish biased trend. Price is now testing at the resistance 50% Fibonacci retracement level. We will take an entry there with stop loss at 1.014. If prices continues in the bullish trend we will expect it to go to the take profit level at 1.036 Any opinions, news, research, analyses, prices, other...
On the H4, with prices moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the buy entry at 275.24 where the overlap support and 23.6% fibonacci retracement are to the take profit at 290.73 where the swing high resistance, 127.2% fibonacci extension and 61.8% fibonacci retracement are....
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise to our buy entry at 1644.27 where the overlap resistance is. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to take profit at 1792.30 where the swing high resistance, 127.2% fibonacci extension...
On the H4, prices have broken the ascending trend into a bearish biased trend. Prices have been strong in its bearish momentum, still respecting the Ichimoku cloud . It is moving towards the 78.6% Fibonacci retracement . If price were to break this support level , it will pull back further to test at 100% Fibonacci level, 103.651 which also coincides with the...
On the H4, with price expected to reverse off the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 30422 where the horizontal swing low support and 61.8% Fibonacci retracement are from our 1st resistance at 31216 in line with the horizontal swing high resistance and 50% Fibonacci retracement . Alternatively, price may break 1st...
On the H4, with price moving in an ascending trendline on the RSI and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 12616 at the pullback support at the swing low in line with the 78.6% fibonacci projection to the 1st resistance at 13373 at the overlap resistance in line with the 61.8% fibonacci...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 94.96 where the horizontal swing low support is from our 1st resistance at 101.18 in line with the horizontal swing high resistance and 38.2% Fibonacci retracement . Alternatively, price may break 1st resistance and head for 2nd resistance at...
On the H4, with price moving in an ascending trendline on the RSI and bouncing off the ichimoku cloud , we have a bullish bias that price will rise from the 1st support at 142.95 in line with the pullback support, 78.6% fibonacci projection and 61.8% fibonacci retracement to the 1st resistance at 151.13 at the overlap resistance in line with the 38.2% fibonacci...
On the H4, with prices breaking out of a bearish channel and moving above an ichimoku cloud , we have a bullish bias that price will drop and rise from the buy entry where the pullback support is to the take profit at 278.70 in line with the 78.6% fibonacci projection , -27.2% fibonacci expansion and swing high resistance. Alternatively, price could break entry...
On the H4, with price expected to bounce off ichimoku cloud , we have a bullish bias that price will continue to rise from the 1st support at 106.58 in line with the pullback support and 61.8% Fibonacci retracement to the 1st resistance at 114.14 at the horizontal pullback resistance. Alternatively, price may reverse off the 1st support and drop to the 2nd support...