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 Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high...
SPX500 is falling 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 5,040.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 85.758 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 82.400 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 90.325...
DAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 18,131.66 which is an overlap support. Stop loss is at 17,850.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 18,513.50 which is a pullback resistance. High Risk...
The Kiwi (NZD/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60181 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 0.59750 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take...
CAD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.66497 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.66200 which is a level that lies underneath the 61.8% Fibonacci retracement level. Take profit is at 0.67252 which is a level...
AUD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.59212 which is a pullback support. Stop loss is at 0.58500 which is a level that lies underneath a pullback support. Take profit is at 0.59943 which is a level that aligns with the 100.0% Fibonacci projection level. High Risk Investment...
The Aussie (AUD/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 0.64841 which is a swing-low support. Stop loss is at 0.64550 which is a level that lies underneath the 100.0% Fibonacci projection level. Take profit is at 0.65341 which is a pullback resistance that aligns close to the 38.2%...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.36093 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.37860 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 82.362 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 80.000 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at...
Amazon weekly chart analysis indicates an overbought condition at significant resistance. Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. 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...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.59429 which is a potential breakout level ( wait for the 1-hour candle to close below 0.59429 for confirmation ). Stop loss is at 0.60050 which is a level that sits above an overlap resistance. Take profit is at 0.58863 which is a swing-low support. ...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
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- What are Fibonacci expansions and projections? - How are they different from each other? - How do you use them to forecast market reversals? - Combining them with retracements and extensions - Live trading examples
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.59857 which is a potential breakout level ( wait for the 1-hour candle to close below 0.59857 for confirmation ). Stop loss is at 0.60410 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 80.437 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.200 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras