The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6131 which is an overlap resistance. Stop loss is at 0.6158 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 0.6059 which is a swing-low support. High Risk...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2310.70, which is pullback support close to 61.8% Fibo retracement. Our take profit will be at 2337.33, an overlap resistance close to 61.8% Fibo retracement. The stop loss will be placed at 2293, which is a pulback support level. High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.9033, which is an overlap resistance and 127.2% Fibonacci extension. Our take profit will be at 0.8959, an overlap support level close to 23.65 Fibo retracement. The stop loss will be at 0.9098, a pullback resistance level close to 161.8% Fibo extension. High Risk...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2663, which is an overlap resistance close to 61.8% Fibo retracement. Our take profit will be at 1.2622, a swing low support level. The stop loss will be placed at 1.2707, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0794, which is a pullback resistance and a 161.8% Fibonacci extension. Our take profit will be at 1.0720, a pullback support level. The stop loss will be at 1.0862, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 28.71 which is a pullback support that aligns close to a 61.8% Fibonacci retracement level. Stop loss is at 27.65 which is a level that sits under a pullback support. Take profit is at 29.71 which is a pullback resistance that...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.3733, which is an overlap resistance. Our take profit will be at 1.3677, an overlap support level. The stop loss will be placed at 1.3777, which is a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2323.93, which is a pullback resistance. Our take profit will be at2308.05, a pullback support level that lines up with the 61.8% Fibo retracement, The stop loss will be at 2336, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 1.0701, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.0677, a multi-swing low support level. The stop loss will be at 1.0726 a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 1.2640, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.2605, a swing-low support level. The stop loss will be at 1.2673, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 159.38 which is a pullback support. Stop loss is at 158.56 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 160.82 which is a pullback resistance. High Risk Investment...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8989 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.9046 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.0713 which is a pullback resistance. Stop loss is at 1.0756 which is a level that sits above a swing-high resistance. Take profit is at 1.0671 which is a multi-swing-low support. High Risk Investment Warning Trading...
The Aussie (AUD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6677 which is a multi-swing-high resistance. Stop loss is at 0.6714 which is a level that sits above a swing-high resistance. Take profit is at 0.6643 which is a pullback support that aligns close to the 50.0%...
Australian inflation accelerated 4% y/y in May, according to Wednesday’s data, marking the fastest pace in six months. The Reserve Bank of Australia was already worried around price pressures and had once again discussed raising rates during this month’s hold, while keeping the door open to further tightening. Yesterday’s hot CPI report likely aggravated these...
The SPX500's daily chart is still trading in a bullish zone. The hourly chart has pulled back to oversold territory suggesting a bullish snap-back may be due. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are...
Having pivoted away from its tightening cycle in March, the Swiss National Bank delivered the second straight rate cut last week, making it a frontrunner in the shift to monetary easing. Officials also lowered their inflation forecasts, creating scope for more moves ahead. Its US counterpart on the other hand, is reluctant to pivot due to stubborn inflation and...
The Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6700 which is a swing-high resistance. Stop loss is at 0.6724 which is a level that sits above another swing-high resistance. Take profit is at 0.6672 which is a pullback support. High Risk Investment Warning Trading...