Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.
UKOIL reversed off its resistance at 56.00 where it could potentially drop further to 55.07
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Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.
USDCAD is facing bearish pressure from 1st resistance level, in line with the 100% fib extension and 78.6% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance.
UKOIL reversed off its resistance at 55.58 where it could potentially drop further to 54.48.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.
USDCAD is facing bearish pressure from 1st resistance level, in line with the 61.8% fib extension and 50% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance.
Price just reversed from 55.58, which is our 1st resistance level in line with our 61.8% Fibonacci extension and 50% Fibonacci retracement. We see a medium-probability bearish scenario at 55.58 where we can see price push towards 1st support at 55.01 as a possible upside target for short. Otherwise, failure to hold under 1st resistance should see price swing the...
Price is testing our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.70402. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well, in line with our bullish bias.
Price is approaching our first support, in line with our horizontal overlap support, 23.6% Fibonacci retracement and we could see a potential bounce and further rise up to our first resistance at 1925.35.
Price has just bounced from the 1st support level at 55.64, in line with our 50% Fibonacci retracement and 50% Fibonacci extension, where we could see a further rise from this level towards 1st resistance at 56.60, in line with our 50% Fibonacci extension and horizontal swing high resistance. Ichimoku cloud is also showing signs of bullish pressure in line with...
Price is facing bullish pressure from our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.70402. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well, in line with...
Price is approaching our first support, in line with our horizontal overlap support, 23.6% Fibonacci retracement and we could see a potential bounce and further rise up to our first resistance at 1925.35.
Price is facing bullish pressure from our first support in line with our horizontal pullback support, 61.8% fibonacci retracement and 78.6% fibonacci extension where we could see a bounce above this to our first resistance target.
Price is facing bearish pressure from our first resistance in line with our horizontal swing high resistance, 78.6% fibonacci retracement and 78.6% fibonacci extension where we could see a drop below this to our first support target.
Price reversing 1st resistance level. A short term drop below 1st resistance at 54.82 towards 1st support at 53.98 can be expected. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
USDCAD is facing bullish pressure from 1st support level, in line with the 76.4% fib retracement and horizontal swing low support, where we could see a further bounce above this level towards 1st resistance where the 50% fib retracement is. Stochastics also shows that price is on support.
