The S&P 500 (SPX500) could rise towards a pullback resistance and potentially reverse off this level to drop lower.
Sell entry is at 5,205.39 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 5,250.00 which is a level that sits above the 127.2% a pullback resistance.
Take profit is at 5,119.65 which is a...
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting.
The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
The DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher to extend the bullish momentum.
Buy entry is at 18,486.50 which is a pullback support.
Stop loss is at 18,400.00 which is a level that lies underneath a pullback support.
Take profit is at 18,711.28 which is a resistance that aligns with the 100.0%...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 195.44 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level.
Stop loss is at 197.55 which is a level that sits above a pullback resistance.
Take profit is at 191.71 which is a pullback support.
High Risk...
The Bank of England (BoE) will release its monetary policy report at 11 am GMT followed by Governor Andrew Bailey's press conference at 11:30 am GMT. Should we see a dovish outcome from this latest meeting, it could trigger a strong sell-off in the Pound.
Sell entry is at 1.2472 which is a potential breakout level.
Stop loss is at 1.2545 which is a level that...
USD/CHF is trading close to a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.9095 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.9184 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance.
Take profit is at...
USD/CAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.3779 which is a swing-high resistance.
Stop loss is at 1.3815 which is a level that sits above a pullback resistance.
Take profit is at 1.3717 which is an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin...
The Aussie (AUD/USD) has broken below a key pivot (Sell Entry) and the bearish momentum could force it lower.
Sell entry is at market (0.6568).
Stop loss is at 0.6600 which is a pullback resistance.
Take profit is at 0.6538 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.5979 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.5950 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is...
The SPX500 daily chart has a positivity associated with it. However, the hourly chart has pulled back to the point that is tending towards oversold. This may set up a potential "dip in the uptrend" scenario.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,277.97 which is a pullback support.
Stop loss is at 2,255.00 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 2,332.00 which is a pullback resistance.
High Risk...
The hourly chart is showing signs of froth, which may result in a short-term pull back.
However, the daily chart is showing positive momentum.
Therefore a short-term pullback may make the support areas compelling.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 77.43 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 75.40 which is a level that lies underneath a pullback support.
Take profit is at 80.18 which is an overlap resistance.
High...
The Aussie (AUD/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6575 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.6516 which is a pullback support that sits under the 61.8% Fibonacci retracement level.
Take profit is at 0.6637...
USD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 154.70 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 156.38 which is a level that sits above a pullback resistance.
Take profit is at 152.20 which is a swing-low support.
High...
GBP/USD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.2514 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 1.2438 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at...
Gold may be charting a falling wedge pattern. If so, this would be bullish in nature. A clue would be to watch the momentum for an upside bias.
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 complex...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6037 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 0.6093 which is a level that sits above the 161.8% Fibonacci extension level and a swing-high resistance.
Take...
