SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,586.45 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 5,530.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at...
USD/CAD is falling towards a potential breakout level and could potentially drop lower from here.
Sell entry is at 1.3664 which is a potential breakout level level.
Stop loss is at 1.3713 which is a level that sits above a pullback resistance.
Take profit is at 1.3633 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
High...
GBP/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 203.558 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 204.45 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8891, which is a pullback resistance and a 50% Fibonacci retracement.
Our take profit will be at 0.8836, a multi-swing low support level.
The stop loss will be at 0.8949, a pullback resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3633 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 1.3600 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is at 1.3678...
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,623.61 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 5,570.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 30.49 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 29.89 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at...
The Reserve Bank of New Zealand kept rates at 5.5% last week, but adopted a softer tone compared to the hawkish messaging of the previous meeting, raising chances of a rate cut this year. Today’s soft inflation data help towards such action, since CPI eased to 3.3% in Q2 and the lowest in three years.
Despite these prospects, NZD/USD contains its fall and...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.8932 which is a pullback support.
Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 0.8995 which is a pullback resistance that aligns with the...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 80.42 which is a pullback support.
Stop loss is at 79.50 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 38.2% retracement and the 100.0% projection levels.
Take profit is at...
USD/CAD has made a bullish bounce off a pullback support and could potentially climb higher from here.
Buy entry is at 1.3677 which is a pullback support.
Stop loss is at 1.3662 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 1.3694 which is a pullback resistance.
High Risk Investment...
The Euro (EUR/USD) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 1.0882 which is a pullback support.
Stop loss is at 1.0849 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 1.0922 which is a pullback resistance.
High Risk...
The commodity staged a four-week relief rally recently and the longest profitable streak of the year, helped by OPEC+ supply curbs extension and summer travel demand. At the same time, soft US inflation and dovish Fed commentary have boosted market pricing for multiple cuts, which can provide another tailwind. Above the EMA200 bulls have the ability to set higher...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,415.28 which is a pullback resistance that aligns close to the 161.80% Fibonacci extension level.
Stop loss is at 2,430.00 which is a level that lies above the all-time high.
Take profit is at 2,391.08 which is an overlap support...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 83.62 which is a pullback resistance that aligns with a 78.6% Fibonacci retracement level.
Stop loss is at 84.80 which is a level that lies above a pullback resistance.
Take profit is at 80.94 which is a pullback support.
High...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6105 which is a multi-swing-high resistance.
Stop loss is at 0.6145 which is a level that lies above a pullback resistance and the 78.6% Fibonacci retracement level.
Take profit is at 0.6054 which is a swing-low support.
...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.8932 which is a pullback support.
Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 0.8995 which is a pullback resistance that aligns close to the...
Last week’s soft CPI report showed that China has not escaped deflationary pressures and today’s data reaffirmed the weak consumer demand environment, as retail sales rose just 2% y/y in June and the worst print since late-2022. Adding to the woes, the economy grew by 4.7% y/y in Q2 and the slowest pace in more than a year.
HKG33 slips after the new disappointing...
