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CHFJPY could continue to rise to the swing-high resistance, from there it could react off and fall to the take profit level. Sell entry is at 171.323 which is a swing-high resistance. Stop loss is at 171.658 which is another swing-high resistance level. Take profit is at 169.964 which is swing-low support level. High Risk Investment Warning Trading Forex/CFDs...
EURGBP could continue to rise and breakout of our buy entry to climb higher. Buy entry is at 0.85550 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 0.85400 which is a level that sits underneath the overlap support Take profit is at 0.85707 which is a multi-swing high resistance level. High Risk...
EUR/NZD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.74501 which is a pullback support. Stop loss is at 1.74000 which is a level that sits underneath the 127.2% Fibonacci extension level. Take profit is at 1.75219 which is a pullback resistance that lies underneath the 38.2% Fibonacci retracement...
The Aussie (AUD/USD) is falling towards a potential breakout level and could break under this level to drop lower. Sell entry is at 0.65408 which is a potential breakout level. Stop loss is at 0.65750 which is a level that sits above a pullback resistance. Take profit is at 0.65065 which is a pullback support that sits above the 61.8% Fibonacci retracement...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 78.007 which is a pullback support. Stop loss is at 76.200 which is a level that leis underneath a swing-low support. Take profit is at 79.727 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
SPX500 is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,048.51 which is a multi-swing-high resistance. Stop loss is at 5,080.00 which is a level that sits above a confluence of Fibonacci levels i.e. the 127.2% extension and the 100% projection. Take profit is at 4,997.72 which is an...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 98.178 which is a pullback support. Stop loss is at 97.850 which is a level that sits underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 98.615 which is a swing-high resistance. High Risk Investment...
USD/CAD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.35398 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.36000 which is a level that sits above the swing-high resistance. Take profit is at 1.34643 which is a pullback support. ...
EURGBP is rising towards a pullback resistance, from there price could reverse and fall to take profit level. Sell entry is at 0.85704 which is a pullback resistance. Stop loss is at 0.85764 which is a swing-high resistance level. Take profit is at 0.85457 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
EUR/AUD is rising towards a breakout level and could potentially break through this level to climb higher. Buy entry is at 1.65028 which is a potential breakout level. Stop loss is at 1.64420 which is a level that sits under a pullback support. Take profit is at 1.65585 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. ...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88265 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 0.88680 which is a level that sits above the100.0% Fibonacci projection level. Take profit is at 0.87745 which is a pullback...
News commentary and technical analysis, everyday 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.
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.326 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 75.200 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...