Prices are approaching our resistance level in line with our descending trend line, 61.8% fibonacci retracement and 61.8% fibonacci extension where we could see a reversal below this level. 50 EMA is showing signs of bearish pressure as well, in line with our bearish bias.
UKOIL reversed off its resistance at 68.94 where it could potentially drop further to 66.20
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USDCAD is facing resistance from 1.23134 level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices push up, prices might face resistance from 2ns resistance in line with 50% Fibonacci retracement. Ichimoku cloud is...
Prices are approaching our resistance level in line with our descending trend line, 78.6% fibonacci retracement and 78.6% fibonacci extension where we could see a reversal below this level. Stochastic is testing resistance as well where we could see a reversal below this level.
Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish...
UKOIL bounced off 67.21 where it could potentially rise further to 68.04
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper prices are approaching our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Prices are approaching our resistance level in line with our graphical pullback resistance, 38.2% fibonacci retracement and 78.6% fibonacci extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Neutral Outlook for UKOIL as technical indicators are mixed.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Prices are facing bearish pressure from horizontal swing high resistance in line with 38.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 2nd resistance which is a horizontal...
Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 78.6% fibonacci extension and horizontal pullback support, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Price is facing bullish pressure from our first support which also coincides with our 38.2% Fibonacci retracement and 127.2% Fibonacci extension and horizontal overlap support, where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from horizontal swing high resistance in line with 38.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 2nd resistance which is a horizontal...
UKOIL reversed off its resistance at 66.28 where it could potentially drop further to 65.14
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 23.6% fibonacci retracement, 61.8% fibonacci extension and horizontal pullback support, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Price is facing bullish pressure from our first support which also coincides with our 38.2%, 78.6% Fibonacci retracement, 127.2% Fibonacci extension and horizontal overlap support, where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from horizontal pullback resistance, in line with 61.8% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 38.2% Fibonacci retracement. EMA is also above...
Prices are facing bearish pressure from horizontal pullback resistance, in line with 61.8% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from 38.2% Fibonacci retracement. EMA is also above...
