USD/CAD is trading close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3632 which is an overlap support.
Stop loss is at 1.3600 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 1.3717 which is a pullback resistance that aligns with the...
The daily chart has been bouncing since moving oversold around the 19th of April. The daily RSI has now moved to the positive side of the indicator.
The SPX500 hourly chart still shows signs of positivity. Its stochasstic indicates a bullish momentum, with no short-term oversold signals.
This video is intended for the users of Stratos Markets Limited, Stratos...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6529 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6473 which is a level that lies underneath a pullback support.
Take profit is at 0.6616 which is an overlap...
The DAX hourly RSI is above 50 and its stochastic is in its upper quartile. These suggests a short-term positive momentum. Core PCE out later is likely to influence risk sentiment. In that regard keep an eye on the hourly stochastic - if it starts to slip, the short-term momentum will be waning. If it holds, the sentiment will be biased towards risk-on.
This...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.2521 which is a pullback resistance.
Stop loss is at 1.2588 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.2426 which is a pullback support.
High Risk...
Gold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,342.54 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 2,359.96 which is a pullback resistance that sits above the 50.0% Fibonacci retracement level.
Take profit is at...
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level.
Stop loss is at 1.7830 which is a level that lies underneath a pullback support.
Take profit is at 1.8134 which is a pullback resistance.
High Risk...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 194.91 which is a pullback resistance.
Stop loss is at 195.47 which is a level that sits above the 127.2% Fibonacci extension level and the pullback resistance.
Take profit is at 194.14 which is a pullback support that lies above the...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 80.00 which is a level that lies underneath a pullback support.
Take profit is at 84.47 which is an overlap resistance.
High...
Gold has found support and may be charting a swing low. The shorter-term traders look to be positioning for a positive swing.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6545 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level.
Stop loss is at 0.6572 which is a level that sits above a pullback resistance.
Take profit is at 0.6483 which is an overlap...
The DAX (GER30) could fall towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 18,253.04 which is a pullback support.
Stop loss is at 18,120.41 which is a level that lies underneath the ascending trendline and aligns with a pullback support.
Take profit is at 18,513.50 which is a pullback resistance.
High...
EUR/CAD is rising towards a resistance zone that is bounded by the descending trendline and Fibonacci retracement levels. It could potentially reverse off this zone to drop lower.
Sell entry is between 1.4650 and 1.4655 which is a resistance zone that is bounded by the descending trendline and Fibonacci retracements at 38.2% and 50.0% levels.
Stop loss is at...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1,984.39 which is a pullback resistance.
Stop loss is at 2,035.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at 1,916.07 which is a pullback...
EUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.6519 which is an overlap resistance.
Stop loss is at 1.6555 which is a level that sits above a pullback resistance.
Take profit is at 1.6476 which is an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 190.29 which is a pullback support.
Stop loss is at 189.88 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 191.63 which is a pullback resistance that aligns close to the...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take...
The DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex...
