USDCAD is approaching our support level at 1.27845 in line with our 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support, where we could see a potential bounce towards our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level as well.
UKOIL reversed off its resistance at 51.42 where it could potentially drop further to 51.00.
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USDCAD is approaching our support level at 1.27909 in line with our 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support, where we could see a potential bounce towards our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.
Price is facing bullish pressure from our first support where a potential rise towards our first resistance target could be expected. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is approaching our support level at 1.2779 in line with our 61.8% fibonacci retracement and horizontal pullback support , where we could see a potential bounce towards our first resistance target if price approaches this key level. Stochastics is also signaling that there’s more room for upside!
Price holding above 78.6%, 38.2% Fibonacci retracement, 78.6% Fibonacci extension and Horizontal graphical support. A short term rise above our 1st support at 50.76 towards our 1st resistance at 51.74 could be possible.
Price is facing bullish pressure from our first support and a break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Stochastic and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bullish pressure from our first support at 1882.97n and a break above our upside confirmation level could provide the bullish acceleration to our first resistance target. It is worth noting that the price is still holding above EMA (50) in line with our bullish bias.
Price holding below 78.6% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap resistance. A short term drop below our 1st resistance at 51.75 towards our 1st support and also 38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap at 50.96 could be possible.
USDCAD is approaching our support level at 1.2777 in line with our 61.8% fibonacci retracement and horizontal pullback support , where we could see a potential bounce towards our first resistance target if price approaches this key level. Stochastics is also signaling that there’s more room for upside!
Price is approaching our first support where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above the ascending trendline and Stochastic is facing bullish pressure from our support at 8.18 as well, in line with our bullish bias.
Price is facing bullish pressure from our first support at 1852.57, where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above EMA (50) in line with our bullish bias.
Price holding below 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal resistance. A short term drop below our 1st resistance at 49.90 towards our 1st support and also 127% Fibonacci retracement and horizontal swing low at 49.23 could be possible.
Price is facing bullish pressure from our first support where we could see a further rise up towards our first resistance. It is worth noting that the price is still holding above the ascending trendline and Stochastic is facing bullish pressure from our support at 8.18 as well, in line with our bullish bias.
Price is approaching our first support at 1852.57, where we could see a potential bounce at this level and further rise up towards our first resistance. It is worth noting that the price is still holding above EMA (50) in line with our bullish bias.
USDCAD is approaching our upside confirmation at 1.2931, in line with our 50% fibonacci retracement and 100% fib extension , where we could see a potential bounce towards our first resistance target if price breaks above this key level. Ichimoku is also signaling that the price could bounce further from current level.
UKOIL approaching its resistance at 50.88 where it could potentially drop further to 49.90.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD is approaching our 1st support at 1.2826, in line with our 50% fibonacci retracement and horizontal pullback support , where we could see a potential bounce towards our first resistance target where the 50% fib retracement and 100% fib extension are. Ichimoku is also signaling that the price could bounce further from current level.
