The short-term hourly SPX500 has resistance around 5,320. However, the longer-term daily is still positive, implying short-term pullbacks may be dips in the broader uptrend. 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):...
EUR/AUD has made a bullish reversal off a pullback support and could potentially climb higher from here. Buy entry is at market (1.6240). Stop loss is at 1.6200 which is a level that lies underneath a pullback support. Take profit is at 1.6342 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 196.93 which is a pullback support. Stop loss is at 194.90 which is a level that lies underneath a pullback support. Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level. High Risk Investment...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 31.34 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 30.35 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3636 which is a pullback resistance. Stop loss is at 1.3675 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.3561 which is a pullback support. High Risk Investment...
Natural Gas prices run their second straight profitable month, covering the Q1 losses and starting the current week on the front foot. This brings the year’s highs in the spotlight (3.3974), but bulls will need fresh impetus for taking them out. The RSI points to highly overbought conditions though, making the commodity ripe for a pullback towards the EMA200...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.1939, which is a pullback resistance close to 127.2% Fbo extension and 61.8% Fibo retracement. Our take profit will be at 0.9028, a pullback support level. The stop loss will be placed at 0.9226, a swing-high resistance level. High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 1.2707, a swing-high resistance Our take profit will be at 1.2605, a pullback support The stop loss will be placed at 1.2803, which is an overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable...
Based on the m15 chart analysis, we can see that the price is rising toward our sell entry at 11.0878, which is an overlap resistance. Our take profit will be at 1.0855, a pullback support level. The stop loss will be placed at 1.0878, above the resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
The longer-term SPX 500 daily chart is sitting in a bullish channel with positive technical indications. The shorter-term hourly is heading towards positivity, however there need to be some developments to confirm. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6342 which is a pullback resistance. Stop loss is at 1.6405 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.6229 which is a pullback support. High Risk Investment...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2608, which is a pullback support close to 38.2% Fibo retracement Our take profit will be at 1.2667, a pullback resistance. The stop loss will be placed at 1.2534, which is an overlap support level close to 61.8% Fibo retracement High Risk Investment Warning ...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0811, which is a pullback support that aligns with the 50% FIbo retracement. Our take profit will be at 1.0884, a multi-swing high resistance. The stop loss will be placed at 1.0753, which is a pullback support level close to 78.6% Fibo retracement High Risk...
The DJIA (US30) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 39,598.96 which is a pullback support. Stop loss is at 39,250.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 40,045.66 which is a pullback resistance at the...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6076 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
Wednesday’s US CPI report showed a moderation in price pressures in April, following months of persistence, with headline inflation easing to 3.4% y/y and core to 3.6% y/y. Along with the miss in retail sales, markets strengthened their pricing for two rate cuts this year by the Fed, staring in September. The greenback fell as a result, sending EURUSD to the...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 79.82 which is a pullback resistance. Stop loss is at 81.06 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 77.67 which is a pullback support. High Risk...