UKOIL bounced off 41.14 where it could potentially rise further to 41.76
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Losses can exceed the initial investment so please ensure you fully
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Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, descending trend line, 61.8% fibonacci retracement where we could see a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please...
Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci retracement and 127.2% fibonacci extension, where we could see a further downside from here towards 1st support at 2.8008. Ichimoku cloud is showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so...
USDCAD is going up to test our downside confirmation and might reverse further from there towards 1st support or even 2nd support where the key fib retracement levels are, respectively. EMA(34) is also showing signs of bearishness.
UKOIL bounced off 39.54 where it could potentially rise further to 40 .32
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 100% fibonacci retracement and 127.2% fib retracement, where we could see further downside from here towards 1st support at 2.8008. Both 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bullish pressure from our first support, in line with our 38.2% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level. Ichimoku cloud is showing signs of bullish pressure .
USDCAD is going up to retest our 1st resistance and might reverse further from there towards 1st support where the horizontal pullback support is. Both EMA(89) is also showing signs of bearishness.
UKOIL reversed off its resistance at 40 .54 where it could potentially drop further to 39.94.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD is going up to retest our 1st resistance and might reverse further from there towards 1st support where the horizontal pullback support is. Both MACD and EMA show signs of bearishness.
Price is facing bullish pressure from our first support, in line with our 38.2% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level. Both the Ichimoku cloud and 20 period EMA are showing signs of bullish pressure .
Price is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement and 76.4% fib retracement, where we could see a reversal below this level. Take note that our 20 period EMA and Ichimoku cloud are showing signs of bullish pressure as well.
UKOIL bounced off 42.08 where it could potentially rise further to 43.11
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 61.8% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bullish pressure from our first support, in line with our 23.6% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level.Take note that the Ichiomku cloud and 20 period EMA are showing signs of bearish pressure .
USDCAD is going up to retest our upside confirmation and might bounce further from there towards 1st resistance where the horizontal swing high is. Both MACD and EMA show signs of bullishness.
UKOIL reversed off its resistance at 40 .88 where it could potentially drop further to 40 . 40 .
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 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
