CADJPY is on a downtrend and falling to our buy entry level, it might breakout and drop further to the take profit level.
Sell entry is at 109.033 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 110.188 which is a level that sits above the multi-swing-high resistance.
Take profit is at 108.008 which is...
AUDCAD is rising towards pullback resistance and could potentially break off this level and rise higher.
Buy entry is at 0.88127 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.87586 which is a level that sits above the swing-low support.
Take profit is at 0.88976 which is an overlap resistance...
EUR/NZD could fall towards a pullback support and potentially break through this level to drop lower.
Sell entry is at 1.76656 which is a potential breakout level.
Stop loss is at 1.77160 which is a level that sits above a pullback resistance.
Take profit is at 1.75985 which is a swing-low support that aligns close to the 61.8% Fibonacci projection level.
...
The Nasdaq-100 (NAS100) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 17,336.83 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 17,550.00 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 169.819 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% retracement and the 100.0% projection.
Stop loss is at 168.700 which is a level that sits under a swing-low support.
Take profit is at...
AUD/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 96.915 which is a swing-low support that aligns with a confluence of Fibonacci levels i.e. the 78.6% retracement and the 78.6% projection.
Stop loss is at 96.430 which is a level that sits underneath a swing-low support and the 100.0%...
GBPCAD is bouncing off the pullback support and could potentially rise to the take profit level.
Buy entry is at 1.69935 which is pullback support level.
Stop loss is at 1.69038 which is an overlap support level.
Take profit is 1.71634 which is a level that sits above a swing-high resistance that aligns with the 78.6% Fibonacci retracement level.
High Risk...
EURCAD could fall towards an overlap support and potentially break through this level to drop lower.
Sell entry is at 1.44854 which is a potential breakout level.
Stop loss is at 1.45612 which is a level that sits above an overlap resistance.
Take profit is at 1.43862 which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin...
WTI oil (USOIL) could fall towards a pullback support and
potentially bounce off this level to climb higher.
Buy entry is at 77.081 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 75.900 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.34281 which is an overlap support.
Stop loss is at 1.33250 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 1.35306 which is a pullback resistance that aligns with a...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.66168 which is a pullback resistance.
Stop loss is at 0.66700 which is a level that sits above a pullback resistance and the 38.2% Fibonacci retracement level.
Take profit is at 0.65346 which is a pullback support.
High...
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.85450 which is a pullback resistance.
Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance.
Take profit is at 0.85049 which is a swing-low support.
High Risk...
CAD/JPY is falling towards a pullback support and could potentially break under this level to drop lower.
Sell entry is at 109.768 which is a potential breakout level.
Stop loss is at 110.370 which is a level that sits above a pullback resistance.
Take profit is between 108.953 and 109.15 which is a swing-low support that aligns close to the 61.8% Fibonacci...
