USDCAD is facing bullish pressure from its first support at 1.2755, in line with the 61.8% fib retracement and 78% fib extension, where we could see a further bounce above this level towards 1st resistance where horizontal swing high is.Trendline is also suggesting that price could pull back to the trendline before further drop.
Price is approaching our first resistance, in line with our horizontal swing high resistance, 127.2% fibonacci extension and 76.4% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 50% fibonacci retracement and 100% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
UKOIL bounced off 59.56 where it could potentially rise further to 60.42
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
UKOIL reversed off its resistance at 59. 40 where it could potentially drop further to 58.92.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 23.6 fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
Price is approaching our first resistance, in line with our horizontal swing high resistance, 78.6% fibonacci extension and 78.6% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
UKOIL bounced off 58.64 where it could potentially rise further to 59.43
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is facing bearish pressure from its first resistance at 1.2829, in line with the 61.8% fib retracement and trendline resistance, where we could see a further drop below this level towards 1st support where horizontal swing low is. Trendline suggests that a pullback is possible before the drop.
Price is facing bearish pressure from our first resistance, in line with our horizontal swing high resistance, 78.6% fibonacci extension and 78.6% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 38.2% fibonacci retracement where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
UKOIL reversed off its resistance at 57.84 where it could potentially drop further to 57.06.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance and 61.8% fibonacci retracement where we could see a reversal below this level to our first support target. Ichimoku cloud and EMA are showing bearish pressure as well in line with our bearish bias.
Price is facing bullish pressure from our first support and we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.
USDCAD is facing bearish pressure from its first resistance at 1.2791, in line with the 23% fib retracement and horizontal overlap resistance, where we could see a further drop above this level towards 1st support where 100% fib extension is. Trendline suggests that a pullback is possible before the drop.
USDCAD is facing bearish pressure from its first resistance at 1.2873, in line with the 100% fib extension and horizontal swing high resistance, where we could see a further drop above this level towards 1st support where 61.8% fib retracement is. Trendline still supports a bounce after the pullback.
Price is facing bullish pressure from our first support and we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level. A break above our upside confirmation level would provide the bullish acceleration to our first resistance target.
Price is facing bearish pressure from our first resistance, in line with our 100% Fibonacci extension and 76.4% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is approaching resistance as well, in line with our bearish bias.
