Market analysis from FXCM
Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 115.635 in line with 50% Fibonacci retracement and 61.8% Fibonacci retracement towards our Take Profit at 115.088 in line with 38.2% Fibonacci retracement and 100% Fibonacci extension . Technical indicators are showing bearish...
Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection . Our bullish bias is further supported by price holding above the ichimoku cloud...
On the H4 timeframe, price recently broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 127.2% Fibonacci projection . Our bullish bias is further supported by the Ichimoku cloud indicator where...
On the H4, price broke out of the ascending trendline support, signifying a bearish momentum. We can expect price to drop from pivot level in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection towards take profit level in line with 78.6% Fibonacci projection . Our bearish bias is further supported by the price holding below the Ichimoku cloud and...
Prices are on bearish momentum and abiding by our descending trendline. We see the potential for a dip from our sell entry at 0.67903 in line with 50% Fibonacci retracement and also 100% Fibonacci extension towards our Take Profit at 0.67393 in line with 78.6% Fibonacci retracement . RSI are at levels where dips occurred previously. Any opinions, news, research,...
Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a short pullback from our sell entry at 1.89354 towards our Take Profit at 61.8% Fibonacci retracement and 61.8% Fibonacci extension . RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to...
Prices are at approaching a Pivot and were previously on bullish momentum. We see the potential for a short pullback from our sell entry at 1.05268 in line with 78.6% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.04667 in line with 23.6% Fibonacci retracement . RSI are at all time high levels. Any opinions, news, research,...
Signal ID: 79002 Time Issued: Monday, 10 January 2022 19:00:16 GMT Status: open Entry: 124.068 - 124.5 Limit: N/A Stop Loss: 125.018 The Tidal Shift Strategy has just sold CHFJPY at 124.243. The system recommends entering this trade at any price between 124.068 and 124.418. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
Price is abiding by an ascending trendline and near buy entry price of 115.033 which is also 38.2% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to the take profit level of 116.327 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above it. Any opinions,...
Price is abiding by an ascending trend line and near buy entry price entry price of 1.36037 which is also 100% Fibonacci projection and 78.6% Fibonacci retracement . Price can potentially go to the take profit level of 1.37229 which is also 127.2% Fibonacci projection . Our bullish bias is supported by ichimoku cloud indicator as price is trading above it . Any...
Prices are at a Pivot . We see the potential for a bounce from our buy entry at 77.972 in line with 38.2% Fibonacci retracement towards our Take Profit at 79.224 which is an area of Fibonacci confluences. RSI is at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained...
Prices are on bullish momentum and consolidating in a bullish channel . We see the potential for a bounce from our buy entry at 82.89 which is an area of Fibonacci confluences towards our Take Profit at 84.234 in line with 100% Fibonacci extension . RSI are at levels where bounces occurred previously. Any opinions, news, research, analyses, prices, other...
Prices are at a pivot . We see the potential for a short from our sell entry at 158.173 which is an area of Fibonacci confluences towards our Take Profit at 156.068 in line with 23.6% Fibonacci retracement . RSI is showing divergence, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party...
We can expect price to bounce from the pivot level in line with 38.2% Fibonacci retracment towards take profit level in line with 161.8% Fibonacci extension . Our bullish bias is further supported by the prices holding above the Ichimoku cloud . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
Price is respecting the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the stochastic indicator where the %K line is...
Signal ID: 78990 Time Issued: Monday, 10 January 2022 01:00:00 GMT Status: open Entry: 1.5782 - 1.58246 Limit: N/A Stop Loss: 1.56841 The Trend Follower Strategy has just bought EURAUD at 1.58033. The system recommends entering this trade at any price between 1.5782 and 1.58246. The signal was issued because our Speculative Sentiment Index is extremely positive,...
Price is abiding by the descending trendline and near sell entry price of 0.91794 which is also 78.6% Fibonacci projection and 23.6% Fibonacci retracement . Price can potentially dip to the take profit level of 0.91042 which is the graphical swing low level. Our bearish bias is supported by the ichimoku cloud indicator as price is trading below it. Any opinions,...
Price is abiding by an ascending trendline and is near buy entry level of 1.12798 which is also 50% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially go to the take profit level of 1.13869 which is 50% Fibonacci retracment. Our bullish bias is supported by RSI as it is abiding by an ascending trendline. Any opinions, news, research,...