The chart on the left shows the daily timeframe of FXCM’s USDOLLAR basket. It is in the bullish area between the upper red and upper blue. The right chart is the hourly timeframe. It has pulled back to the 50 retracement of the last major impulse up. The stochastic has turned positive. We are now looking to see if this will lead a golden cross in the EMAs. If this...
Price is currently changing in a descending trendline and is near its sell entry position at 0.68966. If price were to break the first support of 0.68966 it can potentially goes to its take profit area of 0.68183. Our bearish bias is supported by 20EMA as price is currently trading under it.
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Signal ID: 77778
Time Issued: Wednesday, 06 October 2021 05:48:15 GMT
Status: open
Entry: 111.583 - 111.87
Limit: 112.220
Stop Loss: 111.072
The Breakout Opportunities system has just bought USDJPY at 111.753. The system recommends entering this trade at any price between 111.583 and 111.87. The signal was issued because the USDJPY has broken its 24-hour high...
Price is holding above our ascending trendline and has the potential experience a bounce at our target entry at 111.437 in line with 38.2% Fibonacci retracement and bullish trendline to our Take Profit 112.061 which is our graphical swing high. Technical indicators are showing bullish momentum. Alternatively, our stop loss is placed at 111.184 in line with 61.8%...
On the h4 chart , price has recently broken out from the descending trendline and is currently testing the price entry. If price were to break the 50% Fibonacci retracement level and 78.6% Fibonacci projection level, it can potentially go up to its take profit level of 0.93295 which is in line with Fibonacci projection level of 100% and retracement level of...
Price is see to be holding in a potential triangle pattern , we can expect price to fall from the descending trendline resistance. We can expect price to drop from pivot in line with 78.6% Fibonacci Retracement and 61.8% Fibonacci projection towards the take profit level in line with 50% Fibonacci retracement and 100% Fibonacci projection . Our bearish bias is...
USDCHF has been consolidating in a parallel bullish channel . We spot a potential entry at our pivot at 0.92788 given a pullback in line with 23.6% Fibonacci retracement and graphical overlap towards our Take Profit at 0.93563 in line with our parallel channel and 78.6 Fibonacci retracement . Alternatively, our stop loss is placed at 0.92357 in line with our...
Price has recently break out of the descending trendline and is currently retesting it. Our buy entry position is placed at 50% Fibonacci retracement as price can potentially do a short bounce to its take profit level of 1764.977. Our stop loss is placed at our support level which is in line with our Fibonacci projection level of 61.8
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Price is holding below the descending trendline resistance, signifying a bearish momentum. We can expect the price to push down from the pivot level in line with 61.8% Fibonacci retracement towards the take profit level in line with the daily overlap support, 61.8% Fibonacci projection and 161.8% Fibonacci extension . Our bearish support is further supported by...
This is the hourly chart of gold. The fast green moving average is pointing down. We note that the intermediate orange is now looking to cross below the slow red EMA. If this happens, it will put all 3 EMAs into bearish formation. If angle and separation then develops it will likely be indicative of a growing downwards momentum.
The chart on the left shows FXCM’s USDOLLAR basket on a daily timeframe. It is in the bullish area between the upper red and upper blue bands. The chart on the right shows its hourly time frame. The greenback has pulled back to the 50%/61.8% Fib levels. If these levels hold as support and if the EMAs and the stochastic cross bullishly, the short-term participants...
Price level recently broke the ascending trend line of 76.750 and can potentially head to our profit level of 76.186 which is in line with our Fibonacci Retracement level of 61.8% and Fibonacci extension level of 88%. Our bearish bias is further supported by the Ichimoku Cloud indicator which clearly support our bias
Any opinions, news, research, analyses,...
Price is currently trading in a descending trend line . and is currently at price level 1.610. Price can potentially dip to the take profit level of 1.1573 which is in line with our Fibonacci extension level of 50% and Fibonacci retracement level of 78.6%. Our bearish bias is further supported by our EMA and Ichimoku cloud indicators. Alternatively, our stop loss...
Price is holding below a descending trendline , signifying a bearish momentum. We can expect price to move further down from the pivot level in line with 50% Fibonacci retracement towards the take profit level in line with 78.6% Fibonacci projection . Our bearish bias is further supported by the MACD indicator where the signal line cross above the MACD line.
Any...
Price is currently trading in a descending trend line . We see a potential sell entry at 0.91854 which is in line with our Fibonacci Retracement level of 50%. Price can potentially head towards its take profit level of 0.9134 which is in line with our Fibonacci extension level of 88%. Alternatively, our stop loss level is placed at 0.9062 which is the resistance...
Price is consolidating in a descending channel . We foresee a potential entry at 0.72222 in line with 61.8% Fibonacci retracement and a pullback towards our area of take profit at 0.71707 in line with 88% Fibonacci retracement . Technical indicators are showing bearish momentum. Alternatively, our stop loss will be placed at 0.72530 in line with 88% Fibonacci...
Price is consolidating in an ascending channel . We foresee a potential bounce from our target entry at 77.41 in line with 38.2% Fibonacci retracement and graphical swing high. Price have the potential to climb towards our area of take profit at 80.00 in line with parallel channel , and close to our 127.2% Fibonacci retracement . Technical indicators are showing...
Price level is currently trading in a symmetrical triangle. Price has just reacted from the resistance of the symmetrical triangle of 1764.92 which is line with the Fibonacci retracement level of of 61.8% and Fibonacci extension level of 38.2% and can potentially head to its support level of 1724.953 which is in line with our Fibonacci extension level of 61.8%....
