Market analysis from Tickmill
Price is facing bullish pressure from our first support where we remain bullish above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
UKOIL bounced off 42.19 where it could potentially rise further to 42.57 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
USDCAD is holding below the descending trendline and is also reversing below 1st resistance at 1.3203. With Stochastics also showing resistance, a short term drop towards 1st support at 1.3154 can be expected.
USDCAD reversed off its resistance at 1.31977 where it could potentially drop further to 1.31584. 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 42.76 where it could potentially drop further to 42.17. 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 overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. A break below our downside confirmation level could see a further drop to our first support target. Stochastic is facing bearish pressure from...
We caught the bounce nicely from our first support and remain bullish above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
USDCAD is currently reversing from our 1st resistance at 1.32645 and may potentially drop further towards our 1st support at 1.31578. 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 overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. A break below our downside confirmation level could see a further drop to our first support target. Stochastic is facing bearish pressure from...
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our intermediate support in line with our 38.2% fibonacci retracement and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias....
UKOIL reversed off its resistance at 42.92 where it could potentially drop further to 42.17. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line...
Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. A break below our downside confirmation level could see a further drop to our first support target. Stochastic is facing bearish pressure from...
UKOIL reversed off its resistance at 43.54 where it could potentially drop further to 42.66 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line...
We caught the reversal nicely from our first resistance and remain bearish below our first resistance, in line with our horizontal pullback resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. Stochastic is facing bearish pressure from our resistance as well. Trading CFDs on margin carries...
USDCAD is currently bouncing from its 1st support where the 127% Fibonacci extension, and horizontal swing low are. Price could bounce further from the intermediate support at 1.31366 where the horizontal overlap support is and go further towards our 1st resistance. The EMA (34) are showing bullish pressure for price.
UKOIL bounced off 42.12 where it could potentially rise further to 42.66 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks