Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6106, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 0.6059, a swing-low support level. The stop loss will be at 0.6155, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8997, which is an overlap resistance close to 50% Fibo retracement. Our take profit will be at 0.8944, an overlap support level. The stop loss will be placed at 0.9044 which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2864 lines up with the 127.2% Fibo extension Our take profit will be at 1.2840, an overlap support level. The stop loss will be at 1.2894, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0856, which is a pullback resistance close to a 78.6% Fibonacci retracement and 127.2% Fibo extension Our take profit will be at 1.0808, an overlap support level. The stop loss will be at 1.0894 an overlap resistance level. High Risk Investment Warning Trading...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 82.94 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 84.80 which is a level that sits above a pullback resistance. Take profit is at 80.42 which is a pullback support that...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6731 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6690 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3669 which is a pullback resistance that aligns close to 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 resistance. Take...
The Euro (EUR/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.0799 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.0766 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
China’s post pandemic recovery is bumpy, troubled by a distressed property market, subdued factory activity and weak consumer demand. Today’s data showed that the country has not escaped deflationary pressures, with CPI hovering around zero for more than a year now. Inflation came in at +0.2% y/y in June, lower than expected and the weakest since January. On a...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2805, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.2763, an overlap support level. The stop loss will be at 1.2841, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8984, which is an overlap resistance close to 38.2% Fibo retracement. Our take profit will be at 0.8945, an overlap support level. The stop loss will be placed at 0.9044, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2375.86, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 2354.38, an overlap support level. a swing high resistance level. High Risk Investment Warning 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 0.6147, which is a multi-swing high resistance and a 61.8% Fibonacci retracement. Our take profit will be at 0.6106, an overlap support level close to 50% Fibo retracement. The stop loss will be at 0.6193, an overlap resistance level. High Risk Investment Warning...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8456, which is an overlap resistance close to 50% Fibo retracement. Our take profit will be at 0.8441, a swing-low support level. The stop loss will be placed at 0.8468, which is an overlap resistance level, close to 78.6% Fibo retracement. High Risk...
US2000 is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,056.20 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 2,075.00 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 205.144 which is a pullback support. Stop loss is at 203.77 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 206.67 which is a pullback resistance level. High Risk...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6098 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6059 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
After the second quarter relief rally and the five-month peak, Natural Gas registered a four-week decline. This has shifted bias to the downside again, creating scope for further losses towards 1.940. However, a look at the daily chart shows that NGAS tries to react at the lower border of the Ichimoku Cloud. Furthermore, a Golden Cross (EMA50 crossing above the...