Market analysis from Tickmill
UKOIL bounced off 63.81 where it could potentially rise further to 65.72 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Copper prices bounced nicely from our support level previously. We maintain a bullish view on Copper, prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement, graphical support area and 161.8% fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud and EMA...
Prices are facing bullish pressure from our first support in line with our graphical support area and 61.8% fibonacci retracement and ascending trend line where we could see a bounce above this level to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from descending trendline resistance as well as pivot which coincides with 127.2% Fibonacci retracement. Prices might push down further to 1st support level which coincides with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices break through pivot and the descending trendline, prices might push up to 1st...
UKOIL reversed off its resistance at 63.86 where it could potentially drop further to 61.44. 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 first support in line with our graphical support area and 38,2% fibonacci retracement and 78.6% Fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
We maintain a bullish view on Copper. Prices are approaching our first support level, in line with our 61.8% fibonacci retracement, graphical support area and 161.8% fibonacci extension where we could see a bounce above this level to our first resistance target. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bullish pressure from 1st support level which coincides with a 50% fibonacci extension. Prices might bounce towards 1st resistance which coincides with 61.8% fibonacci extension and 61.8% fibonacci retracement. If prices fall through 1st support, prices might reach 2nd support which coincides with -27% fibonacci retracement and 100% fibonacci...
Prices are facing bullish pressure from our first support in line with our graphical support area and 61.8% fibonacci retracement where we could see a bounce above this level to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
UKOIL reversed off its resistance at 67.46 where it could potentially drop further to 66.49. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We maintain a bullish view on Copper. Copper prices bounced nicely above our first support level previously. Currently, prices are approaching our first support level, in line with our 61.8% fibonacci retracement, graphical support area and 61.8% fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud is...
UKOIL bounced off 68.00 where it could potentially rise further to 68.94 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
We maintain a bullish view on Copper. Currently, copper prices are testing our first support, in line with our 61.8% fibonacci retracement, graphical support area and 161.8% fibonacci extension where we could see a bounce above this level to our first resistance target. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bullish pressure from our first support in line with our graphical support area and 38.2% fibonacci retracement and 78.6% Fibonacci extension, where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bullish pressure as prices broke out from descending trendline resistance and is taking from first support which is a horizontal swing low support which coincides with 127.2% fibonacci retracement. Prices might bounce to 1st resistance which coincides with 50% fibonacci retracement and 50% fibonacci extension. If prices fall through support, it...
Prices are facing bullish pressure from our first support in line with our graphical support area and 50% fibonacci retracement and 61.8% Fibonacci extension, where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
We maintain a bullish view on Copper. Currently, copper prices are testing our first support, in line with our 61.8% fibonacci retracement, graphical support area and 100% fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
We maintain a bullish view on Copper. Currently, copper prices are testing our first support, in line with our 61.8% fibonacci retracement, graphical support area and 100% fibonacci extension where we could see a bounce above this level to our first resistance target. A break above our upside confirmation level could provide the bullish acceleration to our first...