Market analysis from FXCM
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 150.77 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 152.53 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback 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 5,525.07 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 5,483.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
The Euro (EUR/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.0800 which is a pullback support. Stop loss is at 1.0757 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 1.0866 which is a pullback resistance that aligns...
DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 18,463.01 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 18,360.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is...
Cable (GBP/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.2812 which is a pullback support. Stop loss is at 1.2767 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 1.2887 which is an overlap resistance that aligns with...
US2000 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,197.44 which is a pullback support. Stop loss is at 2,163.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 2,278.04 which is a multi-swing-high resistance. High Risk...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 77.35 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 61.8% retracement levels. Stop loss is at 78.90 which is a level that sits above the 38.2% Fibonacci retracement level and a...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3803 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.3762 which is a level that lies underneath a pullback support. Take profit is at 1.3865 which is a pullback resistance. High Risk...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 155.79 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 38.2% and the 61.8% Fibonacci retracement levels. Stop loss is at 157.32 which is a level that sits above the 50.0% Fibonacci retracement...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 28.69 which is a pullback resistance. Stop loss is at 29.80 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 27.62 which is a pullback support. High Risk...
The Aussie (AUD/USD) is falling towards a potential breakout level and could potentially drop lower from here. Sell entry is at 0.6533 which is a potential breakout level. Stop loss is at 0.6590 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.6465 which is a swing-low support. High Risk...
SPX500 is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,511.90 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 5,562.00 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8917 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8988 which is a level that sits above a pullback resistance. Take profit is at 0.802 which is a swing-low support. High Risk...
Cable (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2871 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 1.2899 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
DAX (GER30) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 18,175.94 which is a potential breakout level. Stop loss is at 18,300.00 which is a level that sits above a pullback resistance. Take profit is at 18,036.36 which is a swing-low support that aligns close to a confluence of Fibonacci levels i.e. the 100.0%...
USD/CAD is rising towards a potential breakout level and could climb higher from here. Buy entry is at 1.3828 which is a potential breakout level. Stop loss is at 1.3760 which is a level that lies underneath a pullback support. Take profit is at 1.3977 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
The Euro (EUR/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 1.0828 which is a potential breakout level. Stop loss is at 1.0860 which is a level that sits above a pullback resistance. Take profit is at 1.0809 which is a pullback support that aligns close to the 127.2% Fibonacci extension level. High Risk...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 79.03 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 80.70 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...