USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 155.79 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 38.2% and the 61.8% Fibonacci retracement levels. Stop loss is at 157.32 which is a level that sits above the 50.0% Fibonacci retracement...
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 1.2846. Our take profit will be at 1.2779, an overlap support close to 61.8% Fibo retracement. The stop loss will be placed at 1.2905, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 28.69 which is a pullback resistance. Stop loss is at 29.80 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 27.62 which is a pullback support. High Risk...
The Aussie (AUD/USD) is falling towards a potential breakout level and could potentially drop lower from here. Sell entry is at 0.6533 which is a potential breakout level. Stop loss is at 0.6590 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.6465 which is a swing-low support. High Risk...
SPX500 is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,511.90 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 5,562.00 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8917 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8988 which is a level that sits above a pullback resistance. Take profit is at 0.802 which is a swing-low support. High Risk...
The pair comes from its longest losing streak of the year (four week), correcting from its 38-year peak at the beginning of the month. It tests crucial technical levels provided by the 200Days EMA (blue lines) and the 38.2% Fibonacci of the rally from the December 2023 low to the aforementioned high. This creates risk for deeper decline towards the 61.8% Fibo that...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 19,513.26, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 18,961.49, an overlap support level. The stop loss will be at 20,054.61, a pullback resistance level close to 61.8% Fibo retracement High Risk Investment Warning...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 40,847.13, which is an overlap resistance close to 61.8% Fibo retracement. Our take profit will be at 40,150.54, an overlap support level. The stop loss will be placed at 41,362.20, which is a swing-high resistance level. High Risk Investment Warning Trading...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2905, which is an overlap resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.2846, an overlap support level. The stop loss will be at 1.2950, an overlap 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 1.0878 - 1.0873, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.0843, an overlap support level. The stop loss will be at 1.0908, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
The Japanese benchmark index is having another banner year, which culminated to July’s record peak. The central bank’s accommodative stance despite the policy pivot and the Yen’s protracted slump, were the key drivers. But even if slowly, the Bank of Japan is moving towards a less loose setting, after exiting negative rates regime in a historic decision in March....
Cable (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2871 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 1.2899 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 199.49, which is a pullback resistance close to 38.2% Fibonacci retracement. Our take profit will be at 196.96, a swing low support level. The stop loss will be at 201.37, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 154.71, which is a pullback resistance and a 23.6% Fibonacci retracement. Our take profit will be at 152.52, a swing-low support level. The stop loss will be at 156.56, a pullback 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 1.0866, which is an overlap resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.0808, a swing low support level close to 127.2% Fibo retracement. The stop loss will be at 10908, a pullback resistance level. High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2390.57, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 2364.98, an overlap support level. The stop loss will be at 2418.70, a pullback 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 0.8835, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 0.8761, above 161.8% Fibo extension The stop loss will be at 0.8902, a pullback resistance level close to 78.6% Fibo retracement. High Risk Investment Warning...