Market analysis from FXCM
Price is testing our buy entry now at 0.9032, which is a pullback support level, aligning with the 38.2% fibo retracement. Our stop loss is at 0.8995, which is below the other pullback support level, and slightly below the 50% fibo retracement. Take profit is at 0.9080, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Price is consolidating right now, near to our buy entry at 96.89, which is a multi-swing high resistance level. Price could create a bullish breakout above this resistance level, to reach our take profit target at 97.56. Our stop loss is at 96.21, which is below the 23.6% fibo retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.65218 which is a pullback resistance. Stop loss is at 0.66250 which is a level that sits above a pullback resistance. Take profit is at 0.64127 which is a pullback support that aligns with the 50.0% Fibonacci retracement...
GBP/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.90281 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.91000 which is a level that sits above the 61.8% Fibonacci retracement level. Take profit is at 1.88986 which is a...
Price is approaching our sell entry at 4322.4, which is an overlap resistance level, slightly below the 78.6% fibo retracement. Our stop loss is at 4403.2, which is above the swing high resistance level. Take profit is at 4250.6, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Price is at our sell entry at 33877.8, which is a pullback resistance level, aligning with the 161.8% fibo extension. Our stop loss is at 34173.8, which is above the swing high resistance level. Take profit is at 33476.2, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Price has retested the overlap resistance level at our sell entry which is at 1.1063. Price could potentially cause a bearish reversal after the restest, creating a new recent low. Our stop loss is at 1.1131, which is slightly above the swing high resistance level. Take profit is at 1.0996, which is an overlap support level. High Risk Investment Warning...
EUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86869 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.86530 which is a level that sits under an overlap support that aligns with the 61.8% Fibonacci retracement level. Take profit...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.37842 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.37200 which is a level that sits under an overlap support that aligns with the 50.0% Fibonacci retracement level. Take profit...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 22.420 which is a pullback support that aligns with the 127.2% Fibonacci extension level. Stop loss is at 22.05 which is a level that aligns with the 161.8% Fibonacci extension level and lies underneath an overlap support that...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 159.764 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 159.281 which is a level that aligns with the 50.0% Fibonacci retracement level. Take profit is at 160.847 which is a swing-high...
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Price is falling to our buy entry at 158.92, which is a pullback support level, aligning with the 61.8% fibo retracement level and slightly below the 78.6% fibo projection. Our stop loss is at 157.59, which is below the multi-swing low support level. Take profit is at 160.4, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 83.014 which is a pullback support level. Stop loss is at 81.200 which is a level that sits under a swing-low support level. Take profit is at 86.456 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. ...
AUD/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.09143 which is a pullback resistance level. Stop loss is at 1.09550 which is a level that sits above a pullback resistance level. Take profit is at 1.08455 which is an overlap support that aligns with the 23.6% Fibonacci level. High...
CHF/JPY has reacted off a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 166.467 which is a pullback resistance. Stop loss is at 167.602 which is an overlap resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 164.979 which is a pullback support level. High Risk Investment...
NZD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 87.930 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 88.770 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Price is rising towards our sell entry at 183.55, which is a swing high resistance level, aligning with the 161.8% fibo extension. Our stop loss is above the swing high resistance level at 184.49. Take profit is at 182.38, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...