Market analysis from Vantage
USDCAD is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.37369 Why we like it: There is an overlap support that lies within the bullish Ichimoku Cloud. Stop Loss: 1.3669 Why we like it: There is a pullback support level Take Profit: 1.38164 Why we like it: There is a pullback...
GBPJPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 182.397 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 181.851 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement...
BTCUSD could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 34830.27 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement levels Stop Loss: 34088.82 Why we like it: There is a swing-low support level Take Profit: 35961.38 Why we like it: There is a...
EURUSD is trading close to a pullback resistance and could potentially break above this level to rise towards the take-profit target. Entry: 1.06021 Why we like it: There is a potential bullish breakout level Stop Loss: 1.05905 Why we like it: There is a pullback support level (keep a tight SL for this potential bullish breakout) Take Profit: 1.06454 Why we...
USDCHF has reacted off an overlap support and could potentially bounce to rise towards our take-profit target. Entry: 0.90345 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.90014 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Take Profit:...
GBPUSD is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 1.21761 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 1.22138 Why we like it: There is a pullback resistance that aligns above the 61.8% Fibonacci retracement...
USDJPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 150.433 Why we like it: There is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 38.2% retracement and the 61.8% projection levels Stop Loss: 149.740 Why we like it: There is a level that aligns...
Gold (XAUUSD) is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 1963.09 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1932.43 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...
EURJPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 159.763 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci level Stop Loss: 158.883 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Take Profit:...
SP500 is rising towards an overlap resistance and could potentially reverse from here to drop towards our take-profit target. Entry: 4175.34 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 4260.29 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement...
WTI oil (USOUSD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 83.142 Why we like it: There is a pullback support level Stop Loss: 81.725 Why we like it: There is a swing-low level Take Profit: 86.849 Why we like it: There is an overlap resistance that algins with the 50.0%...
NZDJPY is rising towards a pullback resistance and could potentially reverse from here to drop towards our take-profit target. Entry: 88.025 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 88.695 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement...
CHFJPY is rising towards a pullback resistance and could potentially reverse from here to drop towards our take-profit target. Entry: 166.485 Why we like it: There is a pullback resistance level Stop Loss: 167.504 Why we like it: There is an overlap resistance that aligns above the 61.8% Fibonacci retracement level Take Profit: 164.976 Why we like it: There is...
EURUSD is falling towards a pullback support and could potentially break below this level to drop towards our take profit target. The bearish catalyst for the breakout could be the PCE Price Index that will be released today, 27th Oct, at 12:30 pm GMT. Entry: 1.05230 Why we like it: There is a pullback support level Stop Loss: 1.05682 Why we like it: There is an...
Gold (XAUUSD) could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 1957.13 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1932.43 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...
NZDUSD is rising towards a pullback resistance and could potentially reverse from here to drop towards our take profit target. Entry: 0.58340 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.58711 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement...
AUDUSD is rising towards an overlap resistance and could potentially reverse from here to drop towards our take profit target. Entry: 0.63481 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement level Stop Loss: 0.64000 Why we like it: There is an overlap resistance level Take Profit: 0.62929 Why we like it: There is a...
BTCUSD is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 33637.57 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 32725.13 Why we like it: There is a support level that aligns with the 127.2% Fibonacci extension...