DJIA (US30) could fall towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 39,065.38 which is an overlap support.
Stop loss is at 38,500.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 39,598.96 which is a pullback resistance.
High Risk...
Copper prices have rallied more than 20% this year as the market is tightening, moving above 4.800 for the first time in more than two years. Improving supply-demand dynamics can drive further gains, with the March 2022 record peak now in the spotlight (5.041).
Concerns around output are high, as key miners expect lower production this year. At the same time,...
XAUUSD is rising toward the pivot point which aligns with the 38.2% Fibonacci retracement and could potentially fall to a support
However, If break above the pivot might lead to a rise towards the next resistance
Pivot: 2349
Support: 2330
Resistance: 2364
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only...
The Aussie (AUD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6638 which is a multi-swing-high resistance.
Stop loss is at 0.6678 which is a level that sits a swing-high resistance.
Take profit is at 0.6562 which is a pullback support that aligns close to the 50.0% Fibonacci...
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,207.14 which is a pullback support.
Stop loss is at 5,150.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 5,282.20 which is a pullback resistance that aligns with the...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 155.80, which is an overlap resistance
Our take profit will be at 153.36, an overlap support
The stop loss will be placed at 157.93, which is a swing high resistance
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 79.77 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 80.80 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at...
Based on the M30 chart analysis, we can see that the price has just bounced off our buy entry at 2347.33, which is an overlap support.
Our take profit will be at 2363, which is an overlap resistance level.
The stop loss will be placed at 2329, which is an overlap suport level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level...
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 1.2513
Our take profit will be at 1.2424, a swing-low support
The stop loss will be placed at 1.2591, 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...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0749, which is a pullback support that aligns with the 61.8% Fibo retracement
Our take profit will be at 1.0788, a multi-swing high resistance.
The stop loss will be placed at 1.0718, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3628 which is an overlap support that lies underneath the 61.8% Fibonacci retracement level.
Stop loss is at 1.3590 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at...
In our video on 6 May we suggested that gold may be charting a bullish falling wedge. The precious metal has now broken out and is moving upwards from that pattern.
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...
The Aussie (AUD/USD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower.
Sell entry is at 0.6630 which is a multi-swing-high resistance.
Stop loss is at 0.6682 which is a level that sits above a swing-high resistance.
Take profit is at 0.6566 which is an overlap support that aligns close to the 50.0% Fibonacci...
USD/CAD is trading close to a breakout level and the bearish momentum could potentially drive it lower from here.
Sell entry is at 1.3673 which is a potential breakout level ( Wait for the 30-min candle to close below this level for confirmation ).
Stop loss is at 1.3700 which is a level that lies above a pullback resistance.
Take profit is at 1.3627 which is a...
The Nasdaq-100 (NAS100) is trading close to a breakout level and the bullish momentum could potentially push it higher from here.
Buy entry is at 18,145.43 which is a potential breakout level ( Wait for the 1-hour candle to close above this level for confirmation ).
Stop loss is at 17,960.00 which is a level that lies underneath a pullback support.
Take profit...
WTI oil (USOIL) is trading close to a breakout level and the bullish momentum could potentially push it higher from here.
Buy entry is at 79.89 which is a potential breakout level ( Wait for the 30-min candle to close above this level for confirmation ).
Stop loss is at 78.70 which is a level that lies underneath a pullback support.
Take profit is at 81.23...
Dow Jones (US30) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 39,377.26 which is a pullback support.
Stop loss is at 38,900.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level.
Take profit is at 39,768.82 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 155.33 which is a pullback support.
Stop loss is at 154.84 which is a level that lies underneath the 23.6% Fibonacci retracement level.
Take profit is at 157.03 which is an overlap resistance.
High Risk Investment Warning
Trading...
