Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 0.8489, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 0.8455, a multi-swing low support level. The stop loss will be at 70.8517, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 1.1120, which is a pullback resistance. Our take profit will be at 1.1075, a swing-low support level. The stop loss will be at 1.1154, a pullback resistance level close to 78.6% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the M15 chart analysis, we can see that the price is rising toward our sell entry at 1.3350, which is a pullback resistance. Our take profit will be at 1.3320, an overlap support level close to 38.2% Fibo retracement. The stop loss will be 1.3362, above the swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
After May’s record peak, copper prices slumped as demand optimism went away due to US and China economic fears, EV adoption slowdown and AI euphoria giving way to skepticism. However, copper staged a rebound, as China has been stepping up its effort to prop the economy, while AI optimism returned recently lifting tech and chip-making sectors. Furthermore US...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6182 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6141 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 70.11 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 68.26 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is...
Cable (GBP/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3227 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3093 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at...
The Euro (EUR/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.1071 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.1030 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
Based on the H4 chart analysis, we can see that the price is falling to our sell Stop entry at 2616.90, which is an overlap support Our take profit will be at 2605.67, a multi-swing low support close to 38.2% Fibonacci Retracement. The stop loss will be placed at 2625.75, which is a swing-high resistance level. High Risk Investment Warning Trading...
Based on the daily chart analysis, we can see that the price is rising toward our buy Entry at 193.33, (bullish Breakout) Our take profit will be at 197.63, a pullback resistance level close to 61.8% Fibo retracement and 100% Fibo Projection The stop loss will be at 188.47, a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3583, which is an overlap resistance and a 50% Fibonacci retracement. Our take profit will be at 1.3517, a pullback support level close to 61.8% Fibonacci Retracement. The stop loss will be at 1.3648, a swing high resistance level. High Risk Investment Warning...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 145.56, which is a pullback resistance close to a 50% Fibonacci retracement and 161.8% Fibonacci Extension Our take profit will be at 143.74, an overlap support level. The stop loss will be at 147.20, a swing-high resistance level. High Risk Investment Warning...
USD/CHF is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8541 which is a multi-swing-high resistance. Stop loss is at 0.8600 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 0.8430 which is a multi-swing-low support. ...
USD/CHF is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8541 which is a multi-swing-high resistance that aligns close to a 50% Fibonacci retracement level. Stop loss is at 0.8600 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...
NAS100 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 19,632.80 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 19,250.0 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6182 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6096 which is a level that sits underneath a swing-low support and the 38.2% Fibonacci retracement level. Take profit is...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 70.11 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 68.26 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is...
The pair gains nearly 5% this year and the latest round of policy decisions by the Fed and the BoE, sent it the highest levels since the first quarter of 2022. The US Fed on Wednesday made its belated pivot with an outsized 0.5% reduction and pointed to another 50 bps worth of cuts by the end of the year. The Bank of England started lowering rates earlier than its...