After years of ultra-loose monetary setting that has been detrimental for the Yen, the Bank of Japan has started the normalization process, but does so slowly and remains accommodative. Its US counterpart meanwhile looks to pivot from its aggressive tightening, but persistent inflation creates apprehension. As a result, USD/JPY is having another banner year with...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8944, which is an overlap support close to 50% Fibo retracement.
Our take profit will be at 0.8984, which is a pullback resistance level.
The stop loss will be placed at 0.8891, which is a pullback support level.
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Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2365.51, which is a pullback support.
Our take profit will be at 2394.63, a pullback resistance.
The stop loss will be placed at 2340.42, which is a pullback support level.
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Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2816, which is an overlap resistance and a 78.6 Fibonacci retracement.
Our take profit will be at 1.2754, an overlap support level.
The stop loss will be at 1.2859, a swing high resistance level.
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Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0778, which is an overlap support.
Our take profit will be at 1.0857, a pullback resistance close to 78.6% Fibo retracement.
The stop loss will be placed at 1.0720 which is an overlap support level.
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Ultra-loose BoJ policy and the Yen’s demise have been key drivers of the JPN225 mammoth rally. The central bank exited its negative rates regime though and is shifting towards less easy policies, with at least one more hike reasonable within the year. This threatens to cut off a key source of strength for equities and JPN22 registered a brief pullback from the...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8956, which is an overlap support that closes to the 38.2% Fibo retracement.
Our take profit will be at 0.9043, which is a multi-swing high resistance level.
The stop loss will be placed at 0.8891, which is a pullback support level.
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Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2369.64, which is an overlap resistance aligning with a 50% FIbo retracement.
Our take profit will be at 2340, a pullback support level.
The stop loss will be placed at 2394, a pullback resistance level.
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Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2764, which is an overlap resistance aligning with a 61.8% FIbo retracement.
Our take profit will be at 1.2700, a pullback support level close to 50% Fibo retracement.
The stop loss will be placed at 1.2816, a pullback resistance level close to 78.6% Fibo retracement....
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0857, which is a pullback resistance aligning with a 78.6% FIbo retracement.
Our take profit will be at 1.0778, an overlap support level.
The stop loss will be placed at 1.0917, above the swing-high resistance level.
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EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 173.67 which is a pullback support.
Stop loss is at 172.93 which is a level that lies underneath a pullback support.
Take profit is at 175.31 which is a level that aligns with the 100.0% Fibonacci projection level.
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The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6144 which is a pullback resistance that aligns with the 161.8% Fibonacci extension level.
Stop loss is at 0.6170 which is a level that sits above the 61.8% Fibonacci retracement level.
Take profit is at 0.6098 which is a...
USD/CAD is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3590 which is a swing-low support that aligns with the 161.8% Fibonacci extension level.
Stop loss is at 1.3537 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is at 1.3655...
Tesla is having a rough year, being the underperformer of the Magnificent Seven group, as its peers surge. But the stock soared to new 2024 highs after the Q2 delivery report showed a substantial sequential increase, gaining more than 20% this week. Bulls are now back on the driver’s seat and have the opportunity to chase last year’s peak (299.29), although the...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2339, which is a pullback support.
Our take profit will be at 2376.99, a pullback resistance.
The stop loss will be placed at 2317.77, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8984, which is an overlap support.
Our take profit will be at 0.9093, a pullback resistance close to 78.6% Fibo retracement and 161.8% Fibo extension
The stop loss will be placed at 0.8930, which is an overlap support level.
High Risk Investment Warning
Trading...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2700, which is pullback support close to 50% Fibo retracement.
Our take profit will be at 1.2763, an overlap resistance.
The stop loss will be placed at 1.2622, which is a multi swing low
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0768, which is a pullback support.
Our take profit will be at 1.0856, a pullback resistance close to 78.6% Fibo retracement.
The stop loss will be placed at 1.0719, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a...
