We can see that price has broke a key overlap resistance and could potentially rise towards the 0.6124 level which is a 38.2% Fiboancci retracement. A risk level that i'd like to highlight here is the 0.6080 level which is our intermediate resistance. Breaking this level could provide further confidence of price rising towards the 0.6124 level. Any opinions,...
Price is now testing a major support at 1.3219 which is an overlap support and also a 127% Fibonacci extension. A bounce from here could see prices rise up towards the 1.3316 level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded...
EURUSD is testing a pullback resistance at 1.0950 - there is a chance that it might reverse from this historically strong level to make a push down towards 1.0890 which is the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider)....
EURUSD is close to a key overlap resistance. Price could hit the sell entry at 1.09464 and potentially reverse to drop lower. Take profit is at 1.08911 which is an overlap support. Stop loss is at 1.10008 which is an overlap resistance that sits close to the 78.6% Fibonacci retracement level. Please be advised that the information presented on TradingView is...
USOILSPOT is close to a key overlap resistance. Price could hit the sell entry at 70.942 and potentially reverse to drop lower. Take profit is at 68.194 which is a recent swing-low. Stop loss is at 73.357 which is an overlap resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider...
Price is currently at our sell entry at 180.53 which aligns with 78.6% Fibo retracement. Our take profit will be at 172.21 which is a pullback support level. Stop loss will be at 187.56 which is a pullback ressitance 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 the channel line with just below our sell entry at 1966.27 which is a multi-swing highresistance. Our take profit will be at 1939.17 which is a pullback support level. Stop loss will be at 1984.43 Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
Price has broken a key resistance-turned-support level at 1.6855 triggering a push up to 1.6904 which is a key overlap resistance. The bullish momentum is aided by the bullish channel exit we're seeing. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider)....
We're seeing price approach a major resistance level at 12858 which is an overlap resistance + 23.6% Fibonacci retracement and a 38.2% Fibonacci retracement. It'a also nice to see a descending resistance line and a bearish ichimoku cloud contribute to the bearish momentum of the setup. A reversal from here could see prices drop towards the 12804 level. Please be...
USDJPY could fall towards an overlap support. Price could hit the buy entry at 140.416 and potentially reverse to bounce higher. Take profit is at 142.114 which is an overlap resistance that sits under the 161.8% Fibonacci projection level. Stop loss is at 138.873 which is an overlap support. Please be advised that the information presented on TradingView is...
GBPAUD is falling towards an overlap support that aligns with the 127.2% Fibonacci projection level. Price could hit the buy entry at 1.85109 and potentially reverse to bounce higher. Take profit is at 1.86814 which is an overlap resistance that sits above the 23.6% Fibonacci retracement level. Stop loss is at 1.84337 which is an overlap resistance. Please be...
Price has just reacted off our sell entry at 0.9053 which aligns with a 61.8% Fibo retracement. Our take profit will be at 0.9009 which is a pullback support level. Stop loss will be at 0.9108 which is a swing high resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name...
Price is approaching our buy entry at 1.0790 which is an overlap support level that aligns with a 38.2% Fibonacci retracement. Our profit will be at 1.0848 which is an overlap resistance level. Stop loss will be at 1.0738 which is an overlap support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
We're seeing price make a nice double top reversal off the 127% Fibonacci extension. A reversal from here usually brings price down to the 100% level where it broke out from. We're zooming in a bit more into the H4 time frame and notice that price has formed a nice double top pattern. We could see price drop from the 1.0966 towards the 1.0932 which is the...
We're seeing price approach major resistance at 0.9094 which is an overlap resistance, 38.2% FIbonacci retracement, 61.8% Fibonacci projection and the bearish Ichimoku cloud is giving price a nice bearish momentum. A reversal from here could see prices drop towards the 0.8943 level. Please be advised that the information presented on TradingView is provided to...
USDJPY has hit the sell entry at 140.230 which is a key overlap resistance where several reversals have occurred recently. Could momentum carry price down to the take profit at 138.723 which is an overlap support that sits above the 38.2% Fibonacci retracement level? Stop loss is at 140.918 which is an overlap resistance at the recent swing-high. Please be...
EURUSD has hit the buy entry at 1.07790 which is a key overlap support. Could momentum carry price up to the take profit at 1.08471 which is an overlap resistance that sits under the 50.0% Fibonacci retracement level? Stop loss is at 1.07328 which is an overlap support that sits above the 61.8% Fibonacci retracement level. Please be advised that the information...
Gold could rise towards a key resistance at 1966.27 which has seen multiple reversals in the past. Price could reverse from here to drop lower. Take profit is at 1942.24 which is an overlap support. Stop loss is at 1984.43 which is an overlap support that sits below the 50.0% Fibonacci retracement level. Please be advised that the information presented on...