Market analysis from FXCM
Prices are on a bearish momentum. We see the potential for further bearish dip from our Sell Entry at 162.26 in line with 38.2% Fibonacci retracement moving towards our Take Profit at 152.64 in line with 61.8% Fibonacci projection . Our bearish bias is supported by prices trading below Ichimoku cloud indicator. Alternatively, prices might move towards the stop...
Prices are on bullish momentum and ascending trendline support. We see the potential for a bounce from our buy entry at 84.868 in line with 78.6% Fibonacci extension towards our take Profit at 85.701 in line with 161.8% Fibonacci Projection . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or...
Price is near buy entry price of 4513.89 in line with 50% Fibonacci retracement . Price can potentially bounce from this level to the take profit level of 4868.38 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias is supported by technical indicator. Any opinions, news, research, analyses, prices, other information, or links...
Price is trading in a descending channel and near buy entry level of 4609.60 in line with 38.2% Fibonacci retracement . Price can potentially go to the take profit level of 5005.16 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement . Our bullish bias is supported by technical indicators. Any opinions, news, research, analyses, prices, other...
On the H4 chart, price is near our buy entry of 2838 in line with horizontal overlap support and 23.6% Fibonacci retracement . Price can potentially rise to our take profit level at 3162 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 2751 in line with he 38.2% Fibonacci retracement level. Our bullsh bias is...
Price is abiding by an ascending trendline and near buy entry level of 0.91988 in line with 50% Fibonacci retracement . Price can potentially go to the take profit level of 0.92618 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias is supported by RSI indicator as it is abiding by a ascending trendline. Any opinions, news,...
On the H4 chart, price is near our buy entry of 42680 in line with horizontal overlap support and 23.6% Fibonacci retracement . Price can potentially rise to our take profit level at 45417 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 41620 in line with he 50% Fibonacci retracement level. Our bullsh bias is...
Price has recently broken out of the daily descending trendline and near buy entry level of 83.837 in line with 23.6% Fibonacci retracement . Price can potentially go to the graphical swing high level of 86.077 in line with 100% Fibonacci projection . Our bullish bias is supported by the ichimoku cloud indicator as price is trading above it. Any opinions, news,...
Price is near sell entry level of 923.38 in line with 100% Fibonacci projection and 78.6% Fibonacci retracement . Price can potentially dip to the take profit level of 794. 05 in line with 50% Fibonacci retracement . Our bearish bias is supported by the Ichimoku cloud indicator as price is trading below it. Alternatively, if prices continue to rally, it can go to...
Prices are on bearish momentum. We see the potential for a dip from our sell entry at 3487.54 in line with 100% Fibonacci extension and 61.8% Fibonacci retracement towards our Take Profit at 3389.08 in line with 38.2% Fibonacci retracement . Our bearish bias is further supported by RSI being on bearish momentum. Any opinions, news, research, analyses, prices,...
Prices are on strong bullish momentum. We see the potential for further bullish continuation from our buy entry at 108.95 in line with 23.6% Fibonacci retracement towards our Take Profit at 115.55 in line with 200% Fibonacci Projection . Our bullish bias is further supported by prices trading above our ichimoku clouds . Any opinions, news, research, analyses,...
Prices are abiding to a daily ascending trendline and approaching a pivot at 12292 in line with 61.8% Fibonacci extension towards our Take Profit at 12189 which is an area of Fibonacci confluences. RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
On the H4, with price currently moving below the ichimoku cloud , we have a bias that price will drop to take profit at 128.094 in line with the 78.6% Fibonacci projection and horizontal swing low support from our entry at 129.661 in line with the 61.8% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break our entry structure and...
4 hours ago On the H4, with price moving above the ichimoku cloud , we can expect bullish continuation from our entry at 1.27846 in line with 100% Fibonacci retracement towards our take profit at 1.28764 which is in line with 23.6% Fibonacci retracement . Alternatively, price may break entry structure and head for stop loss, which coincides with the horizontal...
On the H4, with price moving above the ichimoku cloud , we can expect bullish continuation from our entry at 90.72 in line with 78.6% Fibonacci retracement towards our take profit at 99.74 which is a strong resistance and in line with 78.6% Fibonacci retracement . Alternatively, price may break entry structure and head for stop loss, which coincides with the...
On the H4, with price moving above the ichimoku cloud , we can expect bullish continuation from our entry at 0.84905 in line with 61.8% Fibonacci retracement towards our take profit at 0.86403 which is a strong resistance and in line with 61.8% Fibonacci retracement . Alternatively, price may break entry structure and head for stop loss, which coincides with the...
On the H4, with price moving above the ichimoku cloud , we can expect bullish continuation from our entry at 115.096 in line with 50% Fibonacci retracement towards our take profit at 116.171 which is a strong resistance and in line with 78.6% Fibonacci retracement . Alternatively, price may our entry structure and head for stop loss, which coincides with the...
On the H4, with price currently moving below the ichimoku cloud , we have a bias that price will drop to take profit at 34612 in line with the 100% Fibonacci projection and horizontal swing low support from our entry at 40060 in line with the 50% Fibonacci retracement and horizontal swing high resistance. Alternatively, price may break our entry structure and head...