Join FXCM senior market specialist Russell Shor as he discusses the FOMC rate decision.
Prices is facing bullish pressure from our ascending trend line where we could see a bounce above this level. Stochastic is approaching support as well where we could see a bounce here.
Prices is facing bullish pressure from our ascending trend line where we could see a bounce above this level. Stochastic is approaching support as well where we could see a bounce here.
Prices are facing bullish pressure from horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement . If prices push lower, prices might take support from horizontal swing low support which coincides with 78.6% Fibonacci...
Prices are facing bullish pressure from horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement. If prices push lower, prices might take support from horizontal swing low support which coincides with 78.6% Fibonacci...
Prices are approaching support where we can see a bounce above this level. Stochastic is approaching support as well, in line with our bullish bias.
Prices are facing bullish pressure from ascending trendline support and horizontal pullback support, in line with 50% FIbonacci retracement and 61.8% Fibonacci extension . Prices might push up further towards 1st resistance in line with horizontal swing high resistance, 127.2% Fibonacci retracement and 161.8% Fibonacci extension . If prices fall through 1st...
Prices are facing bullish pressure from ascending trendline support and horizontal pullback support, in line with 50% FIbonacci retracement and 61.8% Fibonacci extension. Prices might push up further towards 1st resistance in line with horizontal swing high resistance, 127.2% Fibonacci retracement and 161.8% Fibonacci extension. If prices fall through 1st support,...
The Trend Follower Strategy has just bought EURJPY at 130.681. The system recommends entering this trade at any price between 130.531 and 130.831. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.519. This suggests that the EURJPY could be trending upwards.The 14-period Average True Range on a daily chart is...
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension . Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through a pivot , prices might...
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through a pivot, prices might continue...
Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension , and 161.8% Fibonacci retracement . If prices push higher, prices might face resistance from 1st resistance...
Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension, and 161.8% Fibonacci retracement. If prices push higher, prices might face resistance from 1st resistance in...
Prices are facing bearish pressure from descending trendline resistance, which is in line with 61.8% fibonacci extension and retracement, where we could see a further drop below this level towards our Take profit.
Prices are facing bearish pressure from descending trendline resistance, which is in line with 61.8% fibonacci extension and retracement, where we could see a further drop below this level towards our Take profit.
The Breakout Opportunities system has just sold USDJPY at 107.815. The system recommends entering this trade at any price between 107.697 and 107.914. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.357, suggesting that the USDJPY may have further to fall. A stop loss has been set at the 24-hour...