Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3196, which is a pullback resistance Our take profit will be at 1.3117, a swing-low support level. The stop loss will be at 1.3254, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1112, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.1062, a pullback support level close to 61.8% Fibo retracement. The stop loss will be at 1.1157, a pullback resistance level. High Risk Investment Warning Trading...
SPX500 is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,675.99 which is a multi-swing-high resistance that aligns close to the 127.2% Fibonacci extension level. Stop loss is at 5,750.00 which is a level that sits above another 127.2% Fibonacci extension level. Take profit is at...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8430 which is a pullback support. Stop loss is at 0.8360 which is a level that lies underneath a swing-low support. Take profit is at 0.8541 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 68.63 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 65.05 which is a level that lies underneath a swing-low support. Take profit is at 73.00 which is a pullback resistance that...
Cable (GBP/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3260 which is a swing-high resistance. Stop loss is at 1.3318 which is a level that sits above the 127.2% Fibonacci extension level. Take profit is at 1.3103 which is an overlap support. High Risk Investment Warning Trading...
The Bank of England lowered rates last month, for the first time in four years, joining major peers in their shift to less restrictive monetary settings. However, officials adopted a cautious and non-committal approach on further easing, as they remain wary of inflation which they expect to rise further this year. Today’s inflation report will likely strengthen...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8454, which is an overlap support close to 50% Fibo retracement. Our take profit will be at 0.8484, which is a pullback resistance level close to 50% Fibo retracement. The stop loss will be placed at 0.8432, which is a support level. High Risk Investment Warning...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2575, which is an overlap resistance. Our take profit will be at 2537.43, lines up with the 50% Fibo retracement. The stop loss will be placed at 2588.65, which is a multi swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1132, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.1103, a pullback support level. The stop loss will be at 1.1150, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.3167, which is an overlap resistance close to 23.6% Fibo retracement. Our take profit will be at 1.3118, a swing low support level close to 50% Fibo retracement. The stop loss will be placed at 1.3217 which is a pullback resistance level. High Risk Investment...
The Japanese index managed to swiftly rebound from the plunge caused by the central bank’s second rate hike and hawkish messaging at the end of July, as the market rout created some apprehension around the policy shift. Furthermore, the monetary setting remains accommodative and interests rates are still near-zero, while the stock market’s appeal goes beyond...
AUD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 95.71 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 97.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8413 which is a pullback support. Stop loss is at 0.8390 which is a level that lies underneath a swing-low support. Take profit is at 0.8453 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. High...
USD/CHF is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.8435 which is a potential breakout level. Stop loss is at 0.8470 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is at 0.8409 which is a swing-low support that aligns close to the 161.8% Fibonacci...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 140.36, which is an overlap support close to the 50% Fibo retracement. Our take profit will be at 141.41, which is an overlap resistance level close to the 50% Fibo retracement. The stop loss will be placed at 139.60, which is a swing low support level. High Risk...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 2584.45, which is an overlap resistance. Our take profit will be at 2537.43 lines up with the 50% Fibo retracement. The stop loss will be placed at 2598.53, above the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 11.3214, which is an overlap resistance close to 78.65 Fibo retracement, Our take profit will be at 1.3159, a pullback support level close to 23.6% Fino retracement. The stop loss will be placed at 1.3266, which is a swing-high resistance level. High Risk...