USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8535 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.8617 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 146.92 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 149.55 which is a level that sits above a pullback resistance. Take profit is at 143.71 which is a pullback support that aligns...
The pair is heading towards its second straight losing month, due to the shift in monetary policy dynamics, which could fuel further losses and new 2024 lows towards 140.26. Chair Powell offered the strongest signal to date of a September pivot, bolstering market optimism for multiple rate cuts ahead. The bank of Japan is on the opposite direction, trying to make...
SPX500 is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,673.64 which is a swing-high resistance that aligns close to the all-time high. Stop loss is at 5,710.00 which is a level that sits above the 127.2% Fibonacci extension level and the all-time high. Take profit is at 5,579.72 which is...
The Euro (EUR/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.1149 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.1088 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
Gold (XAU/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,526.62 which is a swing-high resistance that aligns close to the all-time high. Stop loss is at 2,550.00 which is a level that sits above the 127.2% Fibonacci extension level. Take profit is at 2,483.63 which is an overlap...
WTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 76.80 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 78.80 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is...
DAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,579.74 which is a pullback resistance. Stop loss is at 18,700.00 which is a level that sits above a swing-high resistance. Take profit is at 18,302.64 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 96.82 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 94.57 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 101.31...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 73.66 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 74.55 which is a level that sits above an overlap resistance. Take profit is at 71.52 which is a pullback support. High...
The dollar saw strong bids overnight as robust macroeconomic data (unemployment claims and Composite PMI) functioned as bullish catalysts. With Federal Reserve Chairman Jerome Powell kicking things off at the Jackson Hole Symposium later today, could we see another round of higher demand for the greenback and thus a further a decline in EUR/USD? High Risk...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 5593.53, which is a pullback resistance Our take profit will be at 5504.44, a pullback support level close to 23.6% Fibo retracement. The stop loss will be at 5673.53, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 1.3105, a pullback resistance Our take profit will be at 1.3053, a pullback support close to 61.8% Fibo retracement. The stop loss will be placed at 1.3131, which is a swing-high resistance." High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2500, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 2473.37, an overlap support level. The stop loss will be at 2352.28, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1130, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.1048, a pullback support level. The stop loss will be at 1.1173, a swing low resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
The Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6194 which is a multi-swing-high resistance. Stop loss is at 0.6251 which is a level that sits above the 127.2% Fibonacci extension level. Take profit is at 0.6081 which is an overlap support. High Risk Investment...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 144.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 141.53 which is a level that lies underneath a swing-low support. Take profit is at 149.27 which is a pullback resistance that aligns...
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 0.6152, which is a pullback resistance. Our take profit will be at 0.6084, a pullback support level. The stop loss will be at 0.6183, above a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...