Price is currently in a corrective phase bulls will be watching for reversal patterns to develop on a test of the projected ascending trend channel support sited just below 34600, demand here will set a base for the next upside extension through prior cycle highs en-route to a test of the projected ascending trend channel resistance above 78000. Only a loss 28600...
Nikkei is currently correcting the bullish advance from its August low, bulls will be looking for bullish reversal patterns at the current C wave equality objective just ahead of 29000, demand here would then set the platform for a minimum 5th wave objective of 31789. A failure to defend 28265 would warn of a more significant topping pattern opening a move to test 24180
USDJPY sequence looks impulsive as such look for bullish reversal patterns after three wave pullback to test bids in the ahead of 110 area to set long positions targeting a move to test weekly projected range resistance ahead of 112.50 & 113 in extension
Copper prices are testing our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and ascending trend line where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias. A break above our upside confirmation level in line with our...
Prices are approaching our support in line with our ascending trend line and horizontal pullback support level where we could see a further push above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
UKOIL bounced off 68.36 where it could potentially rise further to 69.34
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USDCAD is facing bearish pressure from descending trendline resistance as well as horizontal pullback resistance and is in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards -27.2% Fibonacci retracement and 100% Fibonacci extension fibonacci confluence zone. If prices push up further, prices might face resistance...
Prices are facing bullish pressure from our ascending trend line and horizontal pullback support level where we could see a further push above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
Copper prices are testing our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and ascending trend line where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
UKOIL reversed off its resistance at 68.42 where it could potentially drop further to 67.63
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Prices are facing bullish pressure from our ascending trend line and horizontal pullback support level where we could see a further push above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and ascending trend line where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bearish pressure from horizontal swing high resistance in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push down towards 1st support which coincides with -27.2% Fibonacci retracement and 78.6% FIbonacci extension. If prices push up, prices might face resistance from horizontal pullback resistance in line with...
UKOIL bounced off 68.50 where it could potentially rise further to 69.86
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper prices are facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 61.8% fibonacci extension and graphical pullback support, where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bullish pressure from our ascending trend line and horizontal pullback support level where we could see a further push above this level. Our first support level lines up with our 50% retracement and 78.6% fibonacci extension as well
USDCAD is facing support from 1st support level in line with horizontal swing low support in line with 78.6% Fibonacci extension. Prices might push up towards 1st resistance in line with horizontal pullback resistance in line with 50% Fibonacci retracement and 127.2%. If prices push down further, prices might face support from -27.2% Fibonacci retracement and...
