EURGBP is is rising towards the pullback resistance, price could potentially reverse from there and fall to multi-swing low support. Sell entry is at 0.85331 which is a pullback resistance aligning closely with the 50% Fibo retracement. Stop loss is at 0.85606. Take profit is at 0.84995 which is multi-swing-low support level. High Risk Investment...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1146.23, which is an overlap support. Our take profit will be at 147.80 pullback resistance. The stop loss will be placed at 144.75, which is a swing support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8813, which is a pullback resistance that closes to 61.8% Fibo retracement Our take profit will be at 0.8691, a support level. The stop loss will be placed at 0.8895, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Join FXCM senior market specialist Russell Shor for gold momentum analysis.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2870, which is an overlap resistance. Our take profit will be at 1.2780, a pullback support level. The stop loss will be placed at 1.2967 a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
EURUZD could fall towards our buy entry and from there it could bounce off the buy entry and rise to take profit. Buy entry will be at 1.76903, the pullback support. Our take profit will be at 1.78598, which is a swing-high resistance. The stop loss will be placed at 1.76030 the pullback support which aligns with 61.8% Fibonacci retracement.. High Risk...
USDCAD is falling towards our buy entry, it could bounce off the buy entry and rise to take profit level. Buy entry will be at 1.34481, the overlap support. Our take profit will be at 1.35298, which is an overlap resistance. The stop loss will be placed at 1.33673 the swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
USDCHF is falling towards our sell entry level, it could break below the sell entry and drop to the take profit level. Sell entry will be at 0.87101, the pullback support that aligns with 38.2% Fibonacci retracement. Our take profit will be at 0.85521, which is an overlap support aligning closely with the 61.8% Fibonacci retracement. The stop loss will be...
GBPUSD is trading close to our sell entry, price could rise to the sell entry and reverse from there, then it could drop towards the take profit level. Sell entry will be at 1.28252, the swing-high resistance. Our take profit will be at 1.26947, which is a pullback support. The stop loss will be placed at 1.28757 the overlap resistance. High Risk Investment...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Based on the weekly chart analysis, we can see that the price is rising toward our sell entry at 2186.93, which is aligns with 127.8 Fibo extension and 61.8% Fibo projection Our take profit will be at 2082.24, a pullback support level. The stop loss will be placed at 2276, above the 161.8% Fibo extension. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1147.80, which is an overlap support. Our take profit will be at 149.23 a pullback resistance. The stop loss will be placed at 146.23 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2709, which is a pullback support. Our take profit will be at 1.2779, a multi-swing high resistance that aligns with the 100% Fibo projection The stop loss will be placed at 1.2660, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0927, which is an overlap resistance. Our take profit will be at 1.0859, a pullback support level. The stop loss will be placed at 1.1007, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
GBPJPY is trading close to our sell entry, price could continue to go lower and break below the sell entry. From there it could fall to the take profit level. Sell entry will be at 189.065, the swing-low support that aligns with the 38.2% Fibonacci retracement. Our take profit will be at 187.420, which is an overlap support that aligns closely with the 61.8%...
NZDUSD is rising to the swing-high resistance, our buy entry level. It could potentially breakout of the buy entry and rise to the take profit. Buy entry will be at 0.61469, the swing-high resistance that aligns with the 50% Fibo retracement. Our take profit will be at 0.62071, also a swing-high resistance. The stop loss will be placed at 0.60809 the overlap...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 161.964 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 161.32 which is a level that lies underneath an overlap support that aligns with a confluence of Fibonacci levels i.e. the 38.2%...