Market analysis from Tickmill
Copper is approaching our resistance at 3.00544 where it could potentially drop further to 2.88732. 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 40.16 where it could potentially drop further to 39.34 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 the first support level, in line with the 61.8% fib retracement where we could see a bounce to our resistance level at 1.3194. Stochastics also shows that price is reaching support.
Gold bounced off our support at 1913.41 and is currently testing our intermediate support at 1941.95 where it could potentially rise further to 1990.64. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Copper reversed off its resistance at 3.03006 where it could potentially drop further to 2.97316. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 40.45 where it could potentially rise further to 41.18 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Neutral Outlook for UKOIL as technical indicators are mixed. 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 the first resistance level, in line with the 127% fib extension where we could see a drop to our support level where 78.6% fib retracement is. Stochastics also shows that price is reaching resistance.
Gold is approaching 1913.41 where it could potentially rise further to 1990.64. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Copper reversed off its resistance at 3.01222 where it could potentially drop further to 2.93563. A break below our downside confirmation level could provide the bearish acceleration to our first support target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Neutral Outlook for UKOIL as technical indicators are mixed. 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 the first resistance level, in line with 78.6% fib retracement where we could see a drop to our support level where 50% fib retracement is. Take caution that the EMA is also showing price could go a bit higher before the reversal.
Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Gold is approaching 1922.81 where it could potentially rise further to 1990.64. 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 42.36 where it downside confirmation is, and could potentially drop further to 41.48. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is facing bearish pressure from the first resistance level, in line with 78.6% fib extension and 50% fib retracement where we could see a drop to our support level where the horizontal swing low is. The EMA is also showing resistance for the price.
Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Gold is approaching 1928.51 where it could potentially rise further to 1990.64. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks