NZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would...
SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present.
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 are complex...
Technicals
Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579.
On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...
The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet.
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.2663, which is an overlap resistance.
Our take profit will be at 1.2613, an overlap support level that aligns with the 61.8% fibo retracement.
The stop loss will be placed at 1.2684, which is a swing-high resistance level.
High Risk Investment Warning
Trading...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.0862, which is an overlap resistance.
Our take profit will be at 1.0803, an overlap support level.
The stop loss will be placed at 1.0891, which is above a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 85.033 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 83.400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.35800 which is an overlap support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.35400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at...
SPX500 setting up bullishly pre-cash open.
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 are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd...
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets.
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 are complex instruments and come with a high...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 191.92, which is a pullback resistance that aligns with the 78.6% Fibo retracement.
Our take profit will be at 191.33, an overlap support level.
The stop loss will be placed at 192.31, above a swing-high resistance level
High Risk Investment Warning
Trading...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 152.01, which lines up with the 127.2% Fibo extension
Our take profit will be at 151.67, an overlap support level.
The stop loss will be placed at 152.35, which lines up with the 161.8% Fbo extension
High Risk Investment Warning
Trading Forex/CFDs on margin carries...
Based on the M15 chart analysis, we can see that the price is rising toward our sell entry at 0.9050, which is a pullback resistance that aligns with the 61.8% Fibo retracement,
Our take profit will be at 0.9007, a swing-low support level.
The stop loss will be placed at 0.9095, a swing-high resistance level
High Risk Investment Warning
Trading Forex/CFDs...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.0841, which is an overlap resistance that aligns with the 61.8% Fibo retracement.
Our take profit will be at 1.0797, an overlap support level that is close to 50% Fibonaacci.
The stop loss will be placed at 1.0891, which is a pullback resistance level.
High Risk...
Based on the m30 chart analysis, we can see that the price is falling to our buy entry at 1.0811, which is a pullback support.
Our take profit will be at 1.0846, a pullback resistance.
The stop loss will be placed at 1.0777, which is a pullback support level that is close to the 61.8% Fibo retracement
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 1.2642, which is an overlap resistance that lines up with the 38.2% Fibo retracement.
Our take profit will be at 1.2585, a pullback support level.
The stop loss will be placed at 1.2684, a swing-high resistance level
High Risk Investment Warning
Trading Forex/CFDs on...
Based on the H1chart analysis, we can see that the price is nearing our sell entry at 0.9026, which is an overlap resistance that is close to the 38.2% Fibo retracement.
Our take profit will be at 0.8987, an overlap support level.
The stop loss will be placed at 0.9060, a pullback resistance level
High Risk Investment Warning
Trading Forex/CFDs on margin...
