Gold (XAU/USD) is rising towards a potential breakout level and could break through this level to climb higher. Buy entry is at 2,037.79 which is a potential breakout level. Stop loss is at 2,022.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 2,056.05 which is a multi-swing-high...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 162.649 which is a pullback support. Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 163.720 which is a pullback resistance. High Risk...
USD/CAD is rising towards a breakout level and could potentially break through this level to climb higher. Buy entry is at 1.35223 which is a potential breakout level. Stop loss is at 1.34850 which is a level that sits under a pullback support. Take profit is at 1.35690 which is a pullback resistance that aligns close to the 127.2% Fibonacci extension level. ...
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.
The Aussie (AUD/USD) is falling towards a potential breakout level and could break under this level to drop lower. Sell entry is at 0.65498 which is a potential breakout level. Stop loss is at 0.65950 which is a level that sits above a pullback resistance. Take profit is at 0.65234 which is a pullback support that lies above the 50.0% Fibonacci retracement...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 75.867 which is a pullback support. Stop loss is at 75.300 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 77.329 which is a pullback resistance. High Risk...
NZD/JPY is falling towards a potential breakout level and could drop lower from here. Sell entry is at 92.699 which is a potential breakout level. Stop loss is at 93.100 which is a level that sits above an overlap resistance. Take profit is at 92.369 which is a pullback support that lies above the 50.0% Fibonacci retracement level. High Risk Investment...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
NAS100 could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 18,035.07 which is a pullback resistance. Stop loss is at 18,200.00 which is a level that sits above the 127.2% Fibonacci extension level and the all-time high resistance. Take profit is at 17,652.31 which is an overlap support that aligns...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 2031.18, which is an overlap support. Our take profit will be at 2044, which is a swing-high resistance level. The stop loss will be placed at 2020, which is a pullback support 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 has just reacted off our sell entry at 0.8819, which is an overlap resistance. Our take profit will be at 0.8769, an overlap support level The stop loss will be placed at 0.8859, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2654, which is an overlap support. Our take profit will be at 1.2747, a pullback resistance. The stop loss will be placed at 1.2582, 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 price is nearing our buy entry at 1.0796, an overlap support that aligns with 50% FIbo retracement. Our take profit will be at 1.0890, which is a swing-high resistance level. The stop loss will be placed at 1.0742, an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
CHFJPY could continue to rise to the swing-high resistance, from there it could react off and fall to the take profit level. Sell entry is at 171.323 which is a swing-high resistance. Stop loss is at 171.658 which is another swing-high resistance level. Take profit is at 169.964 which is swing-low support level. High Risk Investment Warning Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 190.74 which is a swing high resistance that closes to 121.2% Fibo extension and 78.6% Fibo projection Our take profit will be at 189.37, an overlap support level. The stop loss will be placed at 191.80, above the 161.8% Fibo extension High Risk Investment Warning...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8810, which is an overlap resistance. Our take profit will be at 0.8752, above the 78.6% Fibo projection. The stop loss will be placed at 0.8847, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...