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 152.42 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 153.10 which is a level that sits above an overlap resistance and the 38.2% Fibonacci resistance. Take profit is at 151.23 which...
FTSE100 (UK100) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 8,691.94 which is an overlap support. Stop loss is at 8,504.00 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement level. Take profit is at 8,892.06 which is a level that aligns with the...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,920.70 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 2,904.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.9044 which is a pullback resistance. Stop loss is at 0.9072 which is a level that sits above an overlap resistance. Take profit is at 0.9000 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin...
Euro (EUR/USD) has bounced off a pullback support and could potentially climb higher off this level. Buy entry is at 1.0455 which is a pullback support. Stop loss is at 1.0420 which is a level that lies underneath a pullback support and beyond the descending trendline. Take profit is at 1.0520 which is a multi-swing-high resistance. High Risk Investment...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 70.40 which is an overlap support. Stop loss is at 69.20 which is a level that lies underneath a swing-low support that aligns close to the 127.2% Fibonacci extension. Take profit is at 73.32 which is a swing-high resistance. High...
Silver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 32.17 which is an overlap support. Stop loss is at 31.85 which is a level that lies underneath an overlap support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 32.63 which is a swing-high resistance. ...
Russell 2000 (US2000) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,295.27 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 2,325.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance. Take...
DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 21,968.60 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 21,700.00 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement level. Take profit is...
The Kiwi (NZD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.5628 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.5590 which is a level that lies underneath a confluence of Fibonacci levels i.e. the 50.0% retracement and the 161.8%...
EUR/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 158.94 which is an overlap support. Stop loss is at 158.35 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 160.59 which is a swing-high resistance. High Risk Investment...
ASX200 (AUS200) is falling towards a swing-low support that intersects with an ascending trendline and could potentially bounce off this level to climb higher. Buy entry is at 8,465.34 which is a swing-low support that intersects with an ascending trendline and aligns with the 50.0% Fibonacci retracement level. Stop loss is at 8,410.00 which is a level that lies...
USD/CAD is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 1.4283 which is a multi-swing-low support. Stop loss is at 1.4245 which is a level that lies underneath a swing-low support. Take profit is at 1.4403 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement...
USDJPY is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 151.60 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 150.82 which is a level that lies underneath a multi-swing-low support. Take profit is at 153.16 which is an overlap resistance that...
USD/CHF could fall towards a multi-swing-low support and potentially bounce off this level to climb higher. Buy entry is at 0.9096 which is a multi-swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.9063 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
NAS100 is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 21,759.06 which is a swing-high resistance. Stop loss is at 22,000.00 which is a level that sits above the descending trendline and a swing-high resistance. Take profit is at 21,194.43 which is a multi-swing-low support. High Risk...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9102 which is a pullback support that intersects with an ascending trendline. Stop loss is at 0.9060 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement. Take profit is at 0.9158 which is a...
The Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5692 which is a multi-swing-high resistance. Stop loss is at 0.5733 which is a level that sits above the 127.2% Fibonacci extension and a swing-high resistance. Take profit is at 0.5589 which is an overlap support...