The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.27799 which is a pullback resistance that aligns close to the 100.0% Fibonacci projection level.
Stop loss is at 1.28470 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance.
Take...
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.86383 which is an overlap support.
Stop loss is at 0.85800 which is a level that sits under a pullback support.
Take profit is at 0.87115 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
High Risk...
CAD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 109.115 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 107.890 which is a level that sits under a pullback support.
Take profit is at 110.384 which is a pullback resistance.
High Risk...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 72.754 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 72.00 which is a level that sits under the 61.8% Fibonacci retracement level.
Take profit is at 74.681 which is a...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.61696 which is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 0.62180 which is a level that sits above an overlap resistance that aligns close to the 38.2% Fibonacci...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.34630 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 1.34100 which is a level that sits under an overlap support.
Take profit is at 1.35626 which is a pullback resistance.
High Risk...
EUR/AUD has just reacted off a pullback support and momentum could potentially carry price higher.
Buy entry is at 1.65166 which is a pullback support.
Stop loss is at 1.64450 which is a level that sits under an overlap support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 1.66740 which is a pullback resistance.
High Risk...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 147.711 which is a pullback support.
Stop loss is at 146.900 which is a level that sits under a pullback support.
Take profit is between 149.400 and 149.749 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 71.194 which is a pullback support that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 69.900 which is a level that sits under a swing-low support and the 78.6% Fibonacci projection level.
Take profit is at...
USD/CHF could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 0.86303 which is an overlap support.
Stop loss is at 0.85800 which is a level that sits under an overlap support and the 23.6% Fibonacci retracement level.
Take profit is between 0.87150 and 0.87307 which is an overlap resistance that aligns...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.08937 which is a pullback resistance.
Stop loss is at 1.09500 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.08137 which is a pullback support that aligns...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
The price is rising towards the buy entry and could potentially rise to take profit level.
Buy entry is at 2.07826 which is an overlap support that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 2.06016 which is a level that sits under an overlap resistance.
Take profit is at 2.09636 which is multi-swing-high resistance level.
High Risk...
