AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 0.88700 which is a level that sits a pullback resistance. Take profit is at 0.87972 which is an overlap support that aligns...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 77.912 which is an overlap support. Stop loss is at 77.000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 79.523 which is a pullback resistance. High Risk Investment...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61212 which is an overlap resistance. Stop loss is at 0.61600 which is a level that sits above an overlap resistance and the 50.0% Fibonacci retracement. Take profit is at 0.60819 which is a pullback support. High Risk...
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CAD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.747 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 110.15 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Gold (XAU/USD) is rising towards a potential breakout level and could break through this level to climb higher. Buy entry is at 2,037.79 which is a potential breakout level. Stop loss is at 2,022.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 2,056.05 which is a multi-swing-high...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 162.649 which is a pullback support. Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 163.720 which is a pullback resistance. High Risk...
USD/CAD is rising towards a breakout level and could potentially break through this level to climb higher. Buy entry is at 1.35223 which is a potential breakout level. Stop loss is at 1.34850 which is a level that sits under a pullback support. Take profit is at 1.35690 which is a pullback resistance that aligns close to the 127.2% Fibonacci extension level. ...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
The Aussie (AUD/USD) is falling towards a potential breakout level and could break under this level to drop lower. Sell entry is at 0.65498 which is a potential breakout level. Stop loss is at 0.65950 which is a level that sits above a pullback resistance. Take profit is at 0.65234 which is a pullback support that lies above 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 75.867 which is a pullback support. Stop loss is at 75.300 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 77.329 which is a pullback resistance. High Risk...
NZD/JPY is falling towards a potential breakout level and could drop lower from here. Sell entry is at 92.699 which is a potential breakout level. Stop loss is at 93.100 which is a level that sits above an overlap resistance. Take profit is at 92.369 which is a pullback support that lies above the 50.0% Fibonacci retracement level. High Risk Investment...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
NAS100 could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 18,035.07 which is a pullback resistance. Stop loss is at 18,200.00 which is a level that sits above the 127.2% Fibonacci extension level and the all-time high resistance. Take profit is at 17,652.31 which is an overlap support that aligns...