The Aussie (AUD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.65118 which is a potential breakout level. Stop loss is at 0.65580 which is a level that aligns with the 61.8% Fibonacci retracement level and sits above a pullback resistance. Take profit is at 0.64634 which is a pullback support that aligns...
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
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NZDCAD pair could bounce off the buy entry and rise to take profit level Buy entry is at 0.81982 which is a pullback support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 0.81587 which is a level that sits above the swing-low support. Take profit is at 0.82763 which is a multi-swing-high resistance level. High Risk Investment...
The EURJPY could continue with the bullish momentum and rise to take profit level. Buy entry is at 161.721 which is a swing-high resistance. Stop loss is at 160.249 which is a level that sits above the pullback support. Take profit is at 163.649 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
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.
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.
NZD/CAD is rising towards a potential breakout level and could potentially break through this level to climb higher. Buy entry is at 0.82394 which is a potential breakout level. Stop loss is at 0.82080 which is a level that sits under a pullback support. Take profit is at 0.82721 which is a pullback resistance that aligns close to the 50.0% Fibonacci...
USD/JPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 148.673 which is a pullback support. Stop loss is at 147.520 which is a level that sits under an overlap support. Take profit is at 149.749 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
CAD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 110.313 which is a pullback resistance that aligns close to the 61.8% Fibonacci projection level. Stop loss is at 111.150 which is a level that sits above the 100.0% Fibonacci projection level and the swing-high resistance. Take profit is...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88129 which is a pullback resistance that aligns close to a confluence of Fibonacci levels i.e. the 23.6% and 78.6% retracement levels. Stop loss is at 0.88550 which is a level that sits above a pullback resistance. Take profit is at...
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.
EURNZD is could break out of the swing-low support and reverse to the take profit level. Sell entry is at 1.76088 which is a swing-low support. Stop loss is at 1.77067 which is an overlap resistance. Take profit is at 1.75060 which an overlap support that aligns with the 27.2% Fibonacci expansion level. High Risk Investment Warning Trading Forex/CFDs on...
GBPJPY is trading close to the overlap resistance, it could potentially break out of this resistance and rise to the take profit level. Buy entry is at 187.458 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. Stop loss is at 186.152 which is an overlap support. Take profit is at 188.780 which a multi-swing-high resistance. High...