Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8821, which is a pullback resistance. Our take profit will be at 0.8733, an overlap support level. The stop loss will be placed at 0.8897, above a swing-high 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 has just reacted off our sell entry at 0.8858, which is an overlap resistance. Our take profit will be at 0.8820, a pullback support level. The stop loss will be placed at 0.8889, above a swing high 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 currently at our sell entry at 110.87, which is a breakout support level Our take profit will be at 110.38, a pullback support. The stop loss will be placed at 111.44, above a swing-high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 184.18, which is a pullback support that closes to the 50% Fibo retracement. Our take profit will be at 185.63, which is a pullback resistance level. The stop loss will be placed at 182.62, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2571, which is a pullback support Our take profit will be at 1.2650, which is a pullback resistance level. The stop loss will be placed at 1.2529, which is a swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 75.850 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 74.800 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
Gold (XAU/USD) ) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1988.60 which is a pullback support. Stop loss is at 1982.00 which is a level that lies underneath a swing-low support. Take profit is at 2005.86 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
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GBPJPY could reverse to the overlap support, then the price could potentially bounce off this support and rise to take profit. Buy entry is at 187.401 which is an overlap support that aligns closely with the 50% fibonacci retracement level. Stop loss is at 185.720 which is an overlap support. Take profit is at 189.950 is the swing-high resistance. High Risk...
EURJPY could continue the downtrend and reverse to the take profit level. Sell entry is at 160.299 which is a pullback support level that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 161.722 which is a swing-high resistance. Take profit is at 158.166 is the overlap support. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0743, which is a pullback resistance. Our take profit will be at 1.0663, an overlap support level. The stop loss will be placed at 1.0796, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2550, which is an overlap resistance that aligns with the 23.6% Fibo retracement Our take profit will be at 1.2506, a swing-low support that aligns with the 161.8% Fibo extension. The stop loss will be placed at 1.2656, which is an overlap resistance level. High...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at1.2609, which is a pullback resistance Our take profit will be at 1.2541, which aligns with the 127.2% Fibo extension The stop loss will be placed at 1.2669 High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable...
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.88070 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.87000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 0.89532...
USD/CAD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.35418 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.34867 which is a pullback support that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 1.36207 which is a...
News commentary and technical analysis, everyday 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.