The Aussie (AUD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.65044 which is a pullback support. Stop loss is at 0.64270 which is a level that lies underneath a pullback support. Take profit is at 0.66023 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
USD/JPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 149.825 which is a pullback support. Stop loss is at 149.400 which is a level that lies underneath the 38.2% Fibonacci retracement level and a pullback support. Take profit is at 150.871 which is a pullback resistance. High Risk Investment...
Silver (XAG/USD) has just reacted off a pullback resistance and could potentially drop lower from here. Sell entry is at 22.948 which is a pullback resistance. Stop loss is at 23.210 which is a level that sits above a swing-high resistance. Take profit is at 22.587 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. High...
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WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 75.850 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 74.800 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
Gold (XAU/USD) ) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1988.60 which is a pullback support. Stop loss is at 1982.00 which is a level that lies underneath a swing-low support. Take profit is at 2005.86 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
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.
GBPJPY could reverse to the overlap support, then the price could potentially bounce off this support and rise to take profit. Buy entry is at 187.401 which is an overlap support that aligns closely with the 50% fibonacci retracement level. Stop loss is at 185.720 which is an overlap support. Take profit is at 189.950 is the swing-high resistance. High Risk...
EURJPY could continue the downtrend and reverse to the take profit level. Sell entry is at 160.299 which is a pullback support level that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 161.722 which is a swing-high resistance. Take profit is at 158.166 is the overlap support. High Risk Investment Warning Trading Forex/CFDs on margin...
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.88070 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.87000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 0.89532...
USD/CAD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.35418 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.34867 which is a pullback support that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 1.36207 which is a...
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.
EURGBP could continue to rise and breakout of the overlap resistance. Buy entry is at 0.85247 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.85005 which is a swing-low support. Take profit is at 0.85482 is the overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
GER30 is on an uptrend and could break the overlap resistance and rise to take profit level. Buy entry is at 16887.34 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 16805.33 which is an overlap support level. Take profit is at 17063.79 is the swing-high resistance level. High Risk Investment...