Price is currently approaching the 78.6% Fibo retracement level, at 145.92 area. Our take profit will be at 142.008, which is a key overlapping support level. Stop loss will be at 148.311 which is the multi-swing high resistance level.
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 1913.44 which is an overlap resistance. Our take profit will be at 1905 which aligns with a 61.8Fibo retracement. Stop loss will be at 1022.5 which is a swing high resistance level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
USDCAD is rising towards an overlap resistance. Price could hit the sell entry at 1.32802 and potentially reverse from this level to drop lower. Take profit is at 1.32169 which is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 1.33347 which is an overlap resistance that aligns above the 38.2% Fibonacci retracement...
USDCHF is rising towards an overlap resistance. Price could hit the sell entry at 0.90128 and potentially reverse from this level to drop lower. Take profit is at 0.89455 which is an overlap support at the recent swing-low. Stop loss is at 0.90423 which is an overlap resistance that aligns above the 61.8% Fibonacci retracement level.
Please be advised that the...
Price is testing a major overlap support at 1.7835 which happens to coincide with the 50% Fibonacci retracement. Along with that, there is a fair bit of bullish momentum with the Ichimoku cloud support and the ascending trend line.
A bounce form here could take prices all the way to the recent swing high resistance at 1.7998.
Please be advised that the...
Price is testing a key overlap resistance which is also in line with the 38.6% Fibonacci retracement and the -27% Fibonacci expansion. A reversal from here could see prices drop all the way down to the 0.6071 support level 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 test a key overlap resistance at 1.2697 which is a 127% Fibonacci extension, 61.8% Fibonacci retracement and an overlap resistance.
A reversal from here could see prices drop all the way down to 1.2613 which is a multi-swing low support.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
EURUSD is falling towards a key overlap support. Price could hit the buy entry at 1.08471 and potentially reverse to bounce higher. Take profit is at 1.09116 which is an overlap resistance. Stop loss is at 1.08136 which is an overlap support that aligns with the 100% Fibonacci projection level and also sits under the 50.0% Fibonacci retracement level.
Please be...
EURJPY is falling towards a key overlap support. Price could hit the buy entry at 156.754 and potentially reverse to bounce higher. Take profit is at 158.731 which is a resistance at the 127.2% Fibonacci projection level. Stop loss is at 155.246 which is an overlap support.
Please be advised that the information presented on TradingView is provided to FXCM...
USDCAD is rising towards the buy entry at 1.32802. Could price hit this level and break out to climb higher? Take profit is at 1.33810 which is a resistance level that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.32366 which is an overlap support that sits under the 23.6% Fibonacci retracement level. Wait for price to pullback to the buy...
NZDUSD has hit the sell entry at 0.60964 which is a key overlap resistance aligns with the 23.6% Fibonacci retracement level and price could potentially reverse to drop lower. Take profit is at 0.60439 which is an overlap support that aligns with the 78.6% Fibonacci retracement. Stop loss is at 0.61465 which is an overlap resistance that aligns with the 50.0%...
Price bounced strongly above the 67.31 support level towards our take profit target - but how did we do it?
Join Desmond in this analysis review where he covers the reason why this setup worked nicely.
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)....
Price reversed strongly from our resistance level to the support level at 22.20. But how did it happen?
Join Desmond in today's analysis review to have a quick recap on the elements that led to this strong reversal.
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 made a pullback to a key overlap resistance level at 0.8827 which also happens to be a previous 78.6% fbonacci retracement that was broken.
It's worth noting that there is strong bearish momentum from the bearish Ichimoku cloud and the lower highs being made by price.
A drop from here could see prices drop all the way to the major swing low at...
The pair heads towards another profitable month, but closes in on the levels that had prompted Japanese authorities to step in and support the Yen. Follow FXCM Senior market Specialist Nikos Tzabouras as he discusses the outlook
Based on Daily chart analysis, we can see that price is rallying towards our sell entry at 145.92 which is a pullback resistance level that aligns with 78.6% Fibo retracement. Our take profit will be 150.19 which is a resistance level. Stop loss will be at 142.00 which is a pullback support level.
Please be advised that the information presented on TradingView...
Based on the H4 chart analysis, we can see that Price is falling to our buy entry at 0.6086 which is an overlap support level that aligns with a 61.8% Fibo retracement. Our take profit will be at 0.6131 which is a pullback resistance level. Stop loss will be at 0.6024 which is slightly below a 78.6% Fibo retracement level.
Please be advised that the...
