The Kiwi (NZD/USD) is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61489 which is a pullback resistance. Stop loss is at 0.62000 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60685 which is a pullback support. High...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 23.286 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection. Stop loss is at 23.730 which is a level that sits above an overlap resistance that aligns...
News commentary and technical analysis, every Tuesday & Thursday 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.
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.86109 which is a pullback support. Stop loss is at 0.85480 which is a level that sits underneath the 100.0% Fibonacci projection level. Take profit is at 0.87141 which is a pullback resistance that aligns close to the 78.6% Fibonacci...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 146.720 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 145.750 which is a level that lies under a pullback support and the 100.0% Fibonacci projection level. Take profit is at 148.803...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 75.905 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 74.600 which is a level that lies under a pullback support and the 38.2% Fibonacci retracement level. Take profit is at...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
GBPJPY is falling towards out sell entry the overlap support. From there price could reverse to the take profit level. Sell entry is at 187.305 which is an overlap support level. Stop loss is at 188.713 which is a level that sits above the swing-high resistance. Take profit is at 184.591 which is an overlap support level that aligns closely with the 38.2%...
Gold could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 2035.62 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 2056.53 which is a level that sits above the swing-high resistance. Take profit is at 2002.19 which is an overlap support level. High...
News commentary and technical analysis, every Tuesday & Thursday 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.
GBPCHF could fall towards an overlap support and continue the downtrend, reversing to our take profit level. Sell entry is at 1.09333 which is an overlap support level. Stop loss is at 1.09998 which is an overlap resistance level. Take profit is at 1.08063 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level. High Risk...
EURCAD is rising to our sell entry, from there price could reverse and fall to our take profit level. Sell entry is at 1.47559 which is a swing-high resistance level. Stop loss is at 1.48315 which is a level that sits under a pullback resistance. Take profit is at 1.46036 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin...
AUD/JPY could fall towards a swing-low support and potentially bounce off this level to climb higher. Buy entry is at 96.652 which is a swing-low support that aligns with the 100.0% Fibonacci projection level. Stop loss is at 96.00 which is a level that sits under a swing-low support and the 127.2% Fibonacci extension level. Take profit is at 97.748 which is a...
Silver (XAG/USD) could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 23.293 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection. Stop loss is at 23.720 which is a level that sits above an overlap resistance that aligns with...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,005.85 which is a pullback support. Stop loss is at 1,970.00 which is a level that sits under a swing-low support and the 100.0% Fibonacci projection level. Take profit is at 2,039.21 which is a pullback resistance that aligns with...