The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6554 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.6600 which is a level that sits above the 61.8% Fibonacci retracement.
Take profit is at 0.6486 which is a...
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 18,182.57 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 18,460.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,054.82 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 2,110.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here.
Sell entry is at 0.5965 which is a potential breakout level ( wait for the 1-hr candle to close below 0.5965 for confirmation ).
Stop loss is at 0.6006 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance.
Take profit is at...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 85.03 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 83.60 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at...
AUD/JPY is trading close to a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 99.37 which is a pullback support.
Stop loss is at 98.07 which is a level that lies underneath a pullback support and the 161.8% Fibonacci extension level.
Take profit is at 101.34 which is a level that aligns with the 100.0% Fibonacci...
SPX500 could fall towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,111.36 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 5,050.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at...
Short-term traders are trying to be proactive, however technical developments are still required before a "dip in the uptrend" scenario is registered.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex...
The Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6615 which is a swing-high resistance.
Stop loss is at 0.6645 which is a level that sits above a swing-high resistance.
Take profit is at 0.6560 which is a pullback support that aligns close to the 50.0% Fibonacci...
The DAX daily chart is showing signs of consolidation, but the short-term market participants are constructive.
IF the short-term momentum holds, there will be something to work with.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited...
NZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would...
SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex...
Technicals
Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579.
On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...
The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet.
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 85.033 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 83.400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.35800 which is an overlap support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.35400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at...
SPX500 setting up bullishly pre-cash open.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd...
