Market analysis from Tradu
Based on the H4 chart analysis, the price is falling toward our buy entry level at 1.1631, a pullback support. Our take profit is set at 1.1745, a swing high resistance that aligns with the 161.8% Fib extension. The stop loss is placed at 1.1582, an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Ethereum (ETH/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,551.80 which is a pullback resistance that aligns closely with the 78.6% Fibonacci retracement. Stop loss is at 2,700.00 which is a level that sits above the 127.2% Fibonacci extension and an overlap resistance. Take profit...
Bitcoin (BTC/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 106,532.50 which is an overlap support that aligns closely with the 23.6% Fibonacci retracement. Stop loss is at 104,600.00 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement. Take profit...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6038 which is a pullback support. Stop loss is at 0.5995 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement. Take profit is at 0.6079 which is a multi-swing-high resistance that aligns...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8041 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Stop loss is at 0.8090 which is a level that sits above a swing-high resistance. Take profit is at 0.7979 which is a multi-swing-low support. High...
Doge (DOGE/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.1726 which is an overlap resistance that aligns closely with the 50% Fibonacci retracement. Stop loss is at 0.1930 which is a level that sits above a pullback resistance. Take profit is at 0.1494 which is a swing-low...
The DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,740.18 which is a swing-high resistance. Stop loss is at 23,960.00 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at 23,341.19 which is a pullback support that...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3675 which is a pullback support that aligns closely with the 50% Fibonacci retracement. Stop loss is at 1.3623 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement. Take profit is at 1.3781 which...
The Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6545 which is a swing-high resistance. Stop loss is at 0.6571 which is a level that aligns with the 161.8% Fibonacci extension. Take profit is at 0.6514 which is a pullback support. High Risk Investment Warning Trading...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 67.15 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement. Stop loss is at 70.30 which is a level that sits above a pullback resistance. Take profit is at 62.49 which is a swing-low support. High Risk...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 3,344.72 which is a pullback resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 3,400.00 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3686 which is an overlap support that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 1.3623 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 1.3773 which...
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,858.94 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement. Stop loss is at 24,200.00 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance. Take profit...
The Euro (EUR/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.1609 which is a multi-swing-high resistance. Stop loss is at 1.1675 which is a level that sits above the 127.2% Fibonacci extension. Take profit is at 1.1535 which is a pullback support that aligns with a 50%...
Based on the H4 chart analysis, the price is falling toward our buy entry level at 42,333.01, a pullback support. Our take profit is set at 42,981.24, a swing high resistance. The stop loss is placed at 41,803.95, below the 38.2% Fib retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable...
Based on the H4 chart analysis, the price is falling toward our buy entry level at 145.45, a pullback support that aligns with the 50% Fib retracement. Our take profit is set at 146.79 a pullback resistance. The stop loss is placed at 143.97, an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H1 chart, the price is approaching our sell entry level at 3359.79, a pullback resistance that aligns with the 38.2% Fib retracement. Our take profit is set at 3328.25, a pullback support that aligns with the 78.6% Fib retracement and the 127.2% Fib extension. The stop loss is set at 3377.59, a pullback resistance. High Risk Investment...
Based on the H4 chart, the price is trading near our sell entry level at 1.3559, a pullback resistance that aligns with the127.2Fib extension. Our take profit is set at 1.3503, a pullback support. The stop loss is set at 1.3622, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...