Market analysis from FXCM
EURAUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.65639 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.66372 which is a pullback support that sits above the 50.0% Fibonacci retracement level. Take profit is at 1.64549 which...
CHFJPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 164.259 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 163.800 which is a support level that aligns under a confluence of Fibonacci levels i.e. the -27.2% expansion and the 100.0% projection...
NZDJPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 87.138 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 86.771 which is a pullback support that aligns under the 61.8% Fibonacci retracement level. Take profit is between 87.650 and 87.792...
The Kiwi (NZDUSD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.59375 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.59970 which is a level that sits above the 78.6% Fibonacci retracement level and the swing-high resistance. Take...
AUDCHF is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.57939 which is a swing-high resistance. Stop loss is at 0.58200 which is a level that sits above a confluence of Fibonacci levels i.e. the 78.6% retracement and the 100.0% projection levels. Take profit is at 0.57412 which is a...
AUDUSD could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 0.64724 which is a pullback resistance. Stop loss is at 0.65000 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.64042 which is an overlap support level. High Risk...
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Price is approaching our sell entry at 158.52, which is a multi-swing high resistance level, and at the 100% fibo projection. Our stop loss is at 159.27, which is a pullback resistance level, slightly above the 127.2% fibo extension. Take profit is at 157.78, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Price could rise towards our sell entry at 0.8667, which is a swing high resistance level, aligning with the 161.8% fibo extension and 78.6% fibo projection. Our stop loss is at 0.8700, which is at the swing high resistance level. Take profit is at 0.8635, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Price could rise to our sell entry at 15384.3, which is a pullback resistance level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. Our stop loss is at 15534.8, which is a swing high resistance level. Take profit is at 15164.7, which is a multi-swing low support level and at the 50% fibo retracement. High Risk Investment Warning Trading...
Price is approaching our sell entry at 1.0705, which is a pullback resistance level, aligning with the 50% fibo retracement and slightly below the 100% fibo projection. Our stop loss is at 1.0765, which is the overlap resistance level. Take profit is at 1.0640, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin...
Price could fall to our buy entry at 34569.2, which is an overlap support level, aligning with the 61.8% fibo retracement and 61.8% fibo projection, showing that this is an area of fibo confluence. Stop loss is at 34425.4, which is the swing low support level, and 78.6% fibo retracement. Take profit is at 34739, which is a pullback resistance level. High Risk...
Price is hovering at our buy entry at 182.78, which is an overlap support level, aligning with the 78.6% fibo retracement and 61.8% fibo projection. Stop loss is at 181.63, which is an overlap support level, and slightly below the 78.7% fibo retracement. Take profit is at 183.84, which is at the previous swing high resistance. High Risk Investment Warning...
AUDJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 94.937 which is a pullback resistance that aligns close to the 127.2% Fibonacci extension level. Stop loss is at 95.550 which is a level that sits above the 161.8% Fibonacci extension level. Take profit is at 93.748 which is a pullback...
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Price is currently in a bearish momentum, we can expect price to drop to our buy entry at 0.5861, which is a multi-swing low support level and at the 127.2% fibo extension. Take profit is at 0.5908, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...
Price is approaching our buy entry at 1.6731, which is a pullback support level and at the 38.2% fibo retracement. Our stop loss is at 1.6649, which is a multi-swing low support level. Take profit is at 1.6790, which is an overlap resistance level aligning with the 61.8% fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Price is approaching our buy entry at 4466.8, which is a pullback support level, aligning with the 38.2% fibo retracement. Our stop loss is at 4444.2, which is an overlap support level, aligning with the 78.6% fibo retracement. Take profit is at 4491.6, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...