The Kiwi (NZD/USD) is trading at a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5979 which is a pullback resistance. Stop loss is at 0.6025 which is a level that sits above a pullback resistance and a confluence of Fibonacci levels i.e. the 100.0% projection and the 127.2% extension levels. Take profit is at...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.43 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 75.40 which is a level that lies underneath a pullback support. Take profit is at 80.18 which is an overlap resistance. High...
Gold (XAU/USD) could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 2,324.27 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 2,375.00 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,283.15 which is a pullback support. Stop loss is at 2,260.00 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 2,324.27 which is a pullback resistance that aligns...
USD/CAD has just bounced off a key support level (50.0% Fibonacci retracement level) and is climbing higher. Buy entry is at market (1.3724). Stop loss is at 1.3693 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is between 1.3740 and 1.3753 which is a resistance zone that is bounded by the 50.0%...
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.9089 which is an overlap support. Stop loss is at 0.9040 which is a level that lies underneath a pullback support. Take profit is at 0.9168 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. High Risk...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 154.60 which is a pullback support that aligns close to a 61.8% Fibonacci retracement level. Stop loss is at 152.48 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is at 156.91...
The tech-heavy index exhibited two-way action on Wednesday as markets reacted to the Fed outcome. The central bank acknowledged the lack of progress towards the 2% inflation target and Chair Powell added that recent hot reports have not given officials greater confidence towards this goal. Along with resilient labor market and strong economy, the bar for a pivot...
The SPX500 has lost momentum since yesterday. If the hourly RSI remains below 50, we may see lower prices in the short-term. Keep an eye on the daily RSI because if that slips it will affect the higher time frame's momentum. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
The pair has managed to stage a rebound from its 2024 lows and reacts positively to today’s preliminary data from Eurozone, which showed Q1 GDP expansion and persistence in headline inflation. As such, the common currency continues its effort to surpass the pivotal resistance confluence, provided by the EMA200 and the 38.2% Fibonacci of the March-April slump....
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0685, which is an overlap support. Our take profit will be at 1.0791, a pullback resistance. The stop loss will be placed at 1.0630, which is a swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.2499, which is a pullback support that aligns with the 23.6% Fibo retracement Our take profit will be at 1.2593, a pullback resistance. The stop loss will be placed at 1.2466, which is an overlap support level that aligns with the 28.2% Fibo retracement High Risk...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8951 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8989 which is a level that sits above a pullback resistance. Take profit is at 0.8904 which is a pullback support that aligns...
Silver (XAG/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 26.54 which is a pullback support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 26.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 82.33 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 80.50 which is a level that lies underneath a pullback support. Take profit is at 84.67 which is an overlap resistance. ...
USD/CAD is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3632 which is an overlap support. Stop loss is at 1.3600 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 1.3717 which is a pullback resistance that aligns with the...
The daily chart has been bouncing since moving oversold around the 19th of April. The daily RSI has now moved to the positive side of the indicator. The SPX500 hourly chart still shows signs of positivity. Its stochasstic indicates a bullish momentum, with no short-term oversold signals. This video is intended for the users of Stratos Markets Limited, Stratos...
Prices rally around 15% this month and break another threshold, hitting the highest levels in two years. The advance brings the record peak of 2022 in the spotlight (5.041) and given the improved supply-demand dynamics, that level looks within reach. There is optimism around increased need for the non-ferrous metal due to the green energy transition and the...