Market analysis from FXCM
With RSI moving within a downtrend channel , we have a bearish bias that price will drop to our take profit at 246.88 where the horizontal swing low support is from our sell entry at 275.80 in line with the horizontal overlap resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement . Alternatively, price may break entry structure and head for stop...
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our sell entry at 0.64738 in line with the 23.6% fibonacci retracement and overlap resistance to our 1st support at 0.62238 at the swing low. Alternatively, price may reverse off the entry...
On the H4, with MACD moving in bearish momentum and price breakout from ascending channel , we have a bearish bias that price will drop from our sell entry at 1.25038 where the horizontal overlap resistance is to our take profit at 1.23950 in line with the 61.8% Fibonacci projection , 50% Fibonacci retracement and overlap support. Alternatively, price may break...
On the H4, with MACD showing bullish momentum and breakout from descending channel , we have a bullish bias that price will rise from our buy entry at 699.91 where the horizontal overlap support is to our take profit at 821.99 in line with the pullback resistance, 61,8% Fibonacci retracement and 38.2% fibonacci retracement . Alternatively, price may break pivot...
On the H4, with price entering a bearish pressure area on our MACD indicator, we have a bearish bias that price will drop from our sell entry at 4143.75 in line with the 50% fibonacci retracement to our take profit at 3971.25 in line with the 61.8% fibonacci retracement and 61.8% fibonacci projection . Alternatively, price may reverse off the pivot and rise to the...
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our 1st overlap resistance at 1.07492 to our 1st support at 1.0542 in line with the 23.6% fibonacci retracement and 50% fibonacci retracement . Alternatively, price may reverse off the 1st...
With prices below the ichimoku indicator, we have a bearish bias that price will drop to our take profit at 252.33 where the horizontal pullback support is from our sell entry at 271.89 in line with the horizontal overlap resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement . Alternatively, price may break entry structure and head for stop loss...
With price moving above the ichimoku indicator and the stochastic indicator moving in an uptrend channel , we have a bullish bias that price will rise from our buy entry at 1.25933 where the horizontal overlap support and 50% fibonacci retracement to our take profit at 1.27039 in line with the 61.8% Fibonacci retracement and pullback resistance. Alternatively,...
On the H4, with price expected to bounce off the stochastics indicator support, we have a bullish bias that price will rise to our 1st resistance at 1885 in line with the 50% Fibonacci retracement and horizontal swing high resistance level from our 1st support of 1737 in line with the horizontal swing low support. Alternatively, price may break 1st support and...
On the H4, with price expected to bounce off the stochastics, we have a bullish bias that price will rise to our 1st resistance at 1.28599 where the horizontal swing high resistance from our 1st support at 1.27126 in line with the swing low support. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
On the H4, with price expected to bounce off the stochastics indicator support, we have a bullish bias that price will rise to our 1st resistance at 1885 in line with the 50% Fibonacci retracement and horizontal swing high resistance level from our 1st support of 1737 in line with the horizontal swing low support. Alternatively, price may break 1st support and...
With prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 92.84 where the horizontal swing high resistance and 61.8% Fibonacci retracement is to our take profit at 79.90 in line with the 61.8% Fibonacci projection and horizontal swing low support . Alternatively, price may break entry structure and head for...
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 31835 where the 23.6% Fibonacci retracement from our 1st support at 31167 in line with the horizontal overlap support and 50% fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd...
On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 0.72568 where the 50% Fibonacci retracement is from our 1st support at 0.70604 in line with the pullback support. Alternatively, price may break structure and head for 2nd support where the swing low support is. Any opinions, news,...
On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 0.65455 where the 38.2% Fibonacci retracement is from our 1st support at 0.64103 in line with the pullback support. Alternatively, price may break structure and head for 2nd support where the swing low support is. Any opinions, news,...
On the H4, with price moving below the ichimoku , we have a bearish bias that price will drop from our 1st resistance at 1.29039 where the horizontal pullback resistance is to our 1st support at 1.27122 in line with the swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the horizontal swing high resistance...
On the H4, with price moving below the descending channel and approaching a resistance level , we have a bearish bias that price will drop from our 1st resistance at 2053 area where the horizontal overlap support, 61.8% Fibonacci retracement and 100% Fibonacci projection is to our 1st support at 1920 in line with the horizontal swing low support and 61.8%...
With prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 1.25009 where the horizontal overlap support is to our take profit at 1.26243 in line with the 78.6% Fibonacci projection . Alternatively, price may break entry structure and head for stop loss at 1.23967 where the horizontal overlap support and 61.8%...