The chart on the left shows FXCM’s USDOLLAR basket on a daily timeframe. It is in the bullish area between the upper red and upper blue bands. The chart on the right shows its hourly time frame. The greenback has pulled back to the 50%/61.8% Fib levels. If these levels hold as support and if the EMAs and the stochastic cross bullishly, the short-term participants...
Price level recently broke the ascending trend line of 76.750 and can potentially head to our profit level of 76.186 which is in line with our Fibonacci Retracement level of 61.8% and Fibonacci extension level of 88%. Our bearish bias is further supported by the Ichimoku Cloud indicator which clearly support our bias Any opinions, news, research, analyses,...
Price is currently trading in a descending trend line . and is currently at price level 1.610. Price can potentially dip to the take profit level of 1.1573 which is in line with our Fibonacci extension level of 50% and Fibonacci retracement level of 78.6%. Our bearish bias is further supported by our EMA and Ichimoku cloud indicators. Alternatively, our stop loss...
Price is holding below a descending trendline , signifying a bearish momentum. We can expect price to move further down from the pivot level in line with 50% Fibonacci retracement towards the take profit level in line with 78.6% Fibonacci projection . Our bearish bias is further supported by the MACD indicator where the signal line cross above the MACD line. Any...
Price is currently trading in a descending trend line . We see a potential sell entry at 0.91854 which is in line with our Fibonacci Retracement level of 50%. Price can potentially head towards its take profit level of 0.9134 which is in line with our Fibonacci extension level of 88%. Alternatively, our stop loss level is placed at 0.9062 which is the resistance...
Price is consolidating in a descending channel . We foresee a potential entry at 0.72222 in line with 61.8% Fibonacci retracement and a pullback towards our area of take profit at 0.71707 in line with 88% Fibonacci retracement . Technical indicators are showing bearish momentum. Alternatively, our stop loss will be placed at 0.72530 in line with 88% Fibonacci...
Price is consolidating in an ascending channel . We foresee a potential bounce from our target entry at 77.41 in line with 38.2% Fibonacci retracement and graphical swing high. Price have the potential to climb towards our area of take profit at 80.00 in line with parallel channel , and close to our 127.2% Fibonacci retracement . Technical indicators are showing...
Price level is currently trading in a symmetrical triangle. Price has just reacted from the resistance of the symmetrical triangle of 1764.92 which is line with the Fibonacci retracement level of of 61.8% and Fibonacci extension level of 38.2% and can potentially head to its support level of 1724.953 which is in line with our Fibonacci extension level of 61.8%....
Price is currently holding below the descending trendline resistance, however we are expecting a small bounce back to the resistance level if the price is unable to break past the graphical overlap support on the weekly. We can expect price to bounce up from the pivot level in line with 127.2% Fibonacci retracement and graphical overlap support (weekly) towards...
Price broke the descending trendline resistance (now support) signifying a bullish momentum. We can expect price to bounce from pivot level in line with 50% Fibonacci retracement towards the take profit level in line with 61.8% Fibonacci Projection . Our bullish bias is further supported by the RSI indicator abiding to a ascending trendline support. Any opinions,...
Price is on a downward trend, we see a potential of entry at 0.72226 in line with 61.8& Fibonacci extension and graphical swing low. Our target take profit is placed at 0.71678 in line with 161.8% Fibonacci retracement and graphical swing low. Technical indicators are forecasting bearish momentum. Alternatively, our stop loss is placed 0.72524 in line with...
Price is currently trading in an ascending trend line at 81.662 which has a Fibonacci extension level of 61.8%. Price can potentially reach the take profit level of 81.328 which is in line with our Fibonacci level of 61.8%. Our bullish bias is further support by the Ichimoku cloud where price is currently trading above the green cloud. Any opinions, news,...
Price is on facing bullish pressure. We foresee a potential bounce from our pivot entry at 77.55 in line with 23.6% Fibonacci retracement and parallel channel towards our take profit at 79.94 in line with 50.0% Fibonacci retracement and graphical swing high. Alternatively, our stop loss is placed at 76.66 in line with graphical swing low. Technical indicators are...
Signal ID: 77729 Time Issued: Thursday, 30 September 2021 03:00:16 GMT Status: open Entry: 1.08225 - 1.08421 Limit: N/A Stop Loss: 1.08715 The Tidal Shift Strategy has just sold EURCHF at 1.08323. The system recommends entering this trade at any price between 1.08225 and 1.08421. The signal was issued because our Speculative Sentiment Index has hit its most...
Price is reacting below the descending trendline resistance on the daily timeframe this shows an overall bearish trend , however we can expect a short-term bullish momentum for the price to bounce back to the resistance level . We can expect the price to bounce from the pivot in line with 61.8% Fibonacci Projection and 61.8% Fibonacci Retracement towards the Take...
Price is currently trading in a ascending trend line . Price recently touch the support of the ascending tend line which is in line with a Fibonacci Retracement level of 78.6% and Fibonacci extension level of 61.8%. It can potentially move to the take profit level of 78.16 which is in line with Fibonacci extension level of 200%. Our bullish bias is further...
Price is currently trading is a descending trend line and can potentially reach the resistance of the trend line at price 1743.42 in line with Fibonacci level of 127.2. Price can potentially bounce from the resistance level back to its take profit level of 1721.69 with 78.6% Fibonacci extension level. Our bearish bias is further supported as price is currently...
Price is currently trading in a wedge . Price recently reach our buy entry price of 1739.138 which is also our Fibonacci level of 61.8%. The take profit level is at the resistance level of the wedge which has a Fibonacci extension level of 61.8%. Our bias is further supported by RSI which shows a bullish divergence . Any opinions, news, research, analyses,...