Market analysis from FXCM
GBPUSD has hit the buy entry which is an overlap support that aligns close to the 61.8% Fibonacci retracement level; momentum could carry price higher. Take profit is at 1.29899 which is an overlap resistance. Stop loss is at 1.26949 which is an overlap support that aligns close the 78.6% Fibonacci retracement level. Please be advised that the information...
Gold (XAUUSD) could fall towards a pullback support that aligns close to the 38.2% Fibonacci retracement level. Price could hit the buy entry at 1948.55 and potentially reverse from this level to bounce higher. Take profit is at 1972.90 which is an overlap resistance close to the recent swing-high. Stop loss is at 1939.15 which is an overlap support that aligns...
Based on the H4 chart analysis, we can see that price is falling to our buy entry at 1.1092 which is a pullback resistance level that aligns under the 38.2% Fibonacci retracement level. Our take profit will be at 1.1244 twhich is an overlap resistance. The stop loss will be set at 1.1012, which is a pullback support level that aligns with the 61.8% Fibonacc...
Based on the H4 chart analysis, we can see that price is falling towards our buy entry at 0.8899 which is an overlap support that aligns with a confluence of Fibonacci levels i.e. 50% retracement and 61.8% projection. Our take profit will be at 0.8983 which is an overlap resistance. The stop loss at 0.8835 which is a pullback support that aligns below the 61.8%...
EURJPY is falling towards a key overlap support that aligns with the 50.0% Fibonacci retracement level. Price could hit the buy entry at 155.25 and potentially reverse from this level to bounce higher. Take profit is at 157.94 which is a multi-swing-high resistance. Stop loss is at 153.37 which is a swing-low support that aligns below the 78.6% Fibonacci...
Based on the H4 chart analysis, we can see that the price is raising towards our sell entry at 163.61, that aligns with 61.8% Fibo Projection and 161.8% Fibo extension level indicating Fibo confluence. Our take profit will be at 161.59, which is a pullback support level. The stop loss will be set at 165.35, which is just above 78.6% Fibo expansion level. Please...
Join FXCM senior market specialist Russell Shor for XAUUSD chart analysis.
Price is now in a bullish momentum, and approaching our sell entry at 140.80. Our sell entry is slightly below the 50% fibo retracement, and there is a potential bearish reaction off this key level as it is also a overlap resistance. Our stop loss is at 142.96, which is a swing-high resistance at the 78.6% fibo retracement. Also, there is an intermediate...
Price is currently in a bearish momentum, which could cause price to fall to our buy entry at 1.2844. Our buy entry is at a pullback support key level which aligns with the 50% fibo retracement. Our stop loss is at 1.2694, which is an overlap support key level. Take profit is at an overlap resistance key level, at 1.3002. Please be advised that the information...
Price is approaching our sell entry at 1983.4, and this aligns with the 50% fibo retracement, as well as the pull back resistance key level. Our stop loss is at 2002.7, which is at the 61.8% fibo retracement, and pull back resistance key level. Take profit is at 1963.0, which is at the 23.6% fibo retracement, and pullback support key level. Please be advised...
USDCAD is rising towards a key resistance that aligns with the 50.0% Fibonacci retracement level. Price could hit the sell entry at 1.32430 and potentially reverse from this level to drop lower. Take profit is at 1.30992 which is a recent swing-low support. Stop loss is at 1.33031 which is a pullback resistance that aligns above the 61.8% Fibonacci projection...
AUDUSD is approaching a key pullback support that aligns above the 38.2% Fibonacci retracement level. Price could hit the buy entry at 0.68045 and potentially reverse to bounce higher. Take profit is at 0.68927 which is an overlap resistance. Stop loss is at 0.67204 which is a pullback support that aligns above the 61.8% Fibonacci retracement level. Please be...
Price is approaching our sell entry at 1.1282, which is an overlap resistance area. Our stop loss is at the 161.8% extension level, at 1.1378. Our take profit is at 1.1090, which is at the overlap support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party...
Price is approaching our buy entry at 0.8533, which is at the 100% fibo projection level. Our stop loss is at 0.8432, which is at the -61.8% expansion level. Take profit is at 0.8762, which is at an overlap resistance level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
Price is starting to have a bearish reaction off our sell entry at 1.3147, which is slightly below the 100% fibo projection, and it is an multi-swing high resistance level. Our stop loss is at 1.3296, which is a overlap resistance level, and our take profit is at 1.2994, which is a overlap support level. Please be advised that the information presented on...
AUDUSD is rising towards a key resistance. Price could hit the sell entry at 0.68858, which is a swing-high resistance, and potentially reverse from this level to drop lower. Take profit is at 0.67964 which is a pullback support. Stop loss is at 0.69360 which is a pullback resistance that aligns close to the 78.6% Fibonacci projection level. Please be advised...
Price has potentially bounced off our buy entry at 1.3147, which is an overlap support level. Our stop loss will be placed at 1.3097, which aligns with the 161.8% fibo extension and projection, showing that there is fibo confluence. Take profit will be at 1.3206, which is an overlap resistance and aligning with the 23.6% fibo retracement. Please be advised that...
Price is approaching our sell entry at 1.1184, a swing high resistance level, and it is slightly below the 127.2% fibo retracement and 100% fibo projection. Our stop loss will be placed at the overlap resistance, at 1.1277. Take profit will be placed at the pullback support, at 1.1094. Please be advised that the information presented on TradingView is provided...