Price has broken a key overlap support level suggesting that price might make a bearish breakout towards the 22.16 level. The 221.16 level is a 61.8% major Fibonacci retracement and a 127.2% Fibonacci extension. If price were to drop to this level, watch out for a potential bounce from 22.16 for it to rise back up to 22.69. Please be advised that the information...
Price is currently at our sell entry at 1.0997 that aligns with 78.6 Fibo retracement and 61.8% Fibo projection level. Our stop loss will be at 1.1060. Take profit level will be at 1.0909 which is an overlap support level that aligns with 23.6% Fibo retracement. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’,...
Price is rising towards our sell entry at 1.2803, which aligns with a key resistance area and 78.6% fibo retracement level. Our stop loss will be placed slightly above the previous swing high resistance at 1.2847, and our take profit will be at 1.2726, which is a pullback support level. Furthermore, it aligns with our ascending trendline. Please be advised...
Join FXCM senior market specialist Russell Shor for GBPUSD top-down analysis.
We're seeing price test a major support level at 0.6043 which is an overlap support + has a bunch of Fibonacci confluence levels. This forms a strong level of support that price might bounce from. If price were to bounce from here, we could see it rise quite nicely towards the 0.6099 resistance level which is an overlap resistance and a 50% Fibonacci retracement...
Price is approaching our sell entry at 142.41, which coincides with the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement, indicating a Fibonacci confluence. Our take-profit target will be set at 141.44, representing a pullback support level. The stop loss will be placed at 143.54. Please be advised that the information presented on TradingView is...
Price is falling towards our buy entry at 1.2675, which serves as a pullback support level and aligns with both the 38.2% and 50% Fibonacci retracement levels, indicating Fibonacci confluence. Our take profit target will be at 1.2824, which is positioned at the body of the candle representing the resistance level. The stop loss will be set at 1.2541, which is...
AUDJPY is falliing towards an overlap support. Price could hit the buy entry at 95.740 and potentially reverse to bounce higher. Take profit is at 97.446 which is a recent swing-high. Stop loss is at 94.709 which is an overlap support that sits under the 38.2% Fibonacci retracement level. Please be advised that the information presented on TradingView is provided...
USOIL (WTI) is rising towards an overlap resistance. Price could hit the sell entry at 73.315 and potentially reverse to drop lower. Take profit is at 70.110 which is an overlap support. Stop loss is at 74.341 which is an overlap resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party...
Price has just reacted off our sell entry at 0.8982 which is an overlap resistance that aligns with 38.2% Fibo retracement. Our take profit will be at 0.8906. Stop loss will be at 0.9064 which is a pullback resistance level Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
Price is currently at our buy entry at 0.6806 which is a pullback support level. Our take profit will be at 0.6837 which aligns with a 50% FIbo retracement. Stop loss will be at 0.6736 which is an overlap support that aligns with 38.2% FIbo retracement. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
We're seeing price make a bearish breakout from a key support-turned-resistance level at 1.3216. A fall from here could see prices drop all the way towards the 1.3066 level. Do take note that there is an ascending support line which might push prices up which is why the take profit target is at 1.3066 (and not further away). Please be advised that the...
Gold (XAUUSD) is rising towards an overlap resistance. Price could hit the sell entry at 1966.27 and potentially reverse to drop lower. Take profit is at 1937.28 which is an overlap support. Stop loss is at 1980.92 which is an overlap resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party...
USDJPY is falliing towards an overlap support. Price could hit the buy entry at 141.327 and potentially reverse to bounce higher. Take profit is at 142.099 which is a recent swing-high. Stop loss is at 140.751 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Please be advised that the information presented on TradingView is...
Price is approaching our sell entry at 142.27 which aligns with a 61.8% Fibo retracement. Our stop loss will be at 144.96 which is a pullback resistance. Take profit will be at 140.75 which is a pullback support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Price has just reacted off from our sell area that 1.28647 which aligns with 61.8% Fibo projection. Our stop loss will be at 1.3440 which is a pu;;back resistance level. Take profit will be at 1.2432 which is an overlap support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider...
Gold (XAUUSD) could fall towards an overlap support and hit the buy entry at 1936.85 and potentially reverse to bounce higher. Take profit is at 1965.36 which is an overlap resistance. Stop loss is at 1913.46 which is an overlap support. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider...
EURUSD could fall towards an overlap support. Price could hit the buy entry at 1.09091 and potentially reverse to bounce higher. Take profit is at 1.10008 which is a resistance that sits above the 78.6% Fibonacci retracement level. Stop loss is at 1.08471 which is an overlap support that sits under the 38.2% Fibonacci retracement level. Please be advised that the...