Price is falling to our buy entry at 1.6563, which is an overlap support level, aligning with the 50% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.6474, which is below the 100% fibo projection. Take profit is at 1.6674, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Price could fall to our buy entry at 1.4449, which is a pullback support level, aligning with the 38.2% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.4384, which is a pullback support level. Take profit is at 1.4530, which is the overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Price could fall to our buy entry at 14946.6, which is a swing low support level, aligning with the 127.2% fibo extension and 78.6% fibo projection. This is a level which has fibo confluence, hence price may reverse from here. Our stop loss is at 14829.8, which is below the previous major swing low support level. Take profit is at 15128.4, which is a pullback...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.59268 which is an overlap resistance level. Stop loss is at 0.59750 which is a level that sits above a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Take profit is at 0.58708 which is a pullback...
USD/CHF has broken below a pullback support and the bearish momentum could potentially drive it lower. Sell entry is at 0.89866 which is a pullback support. Wait for the current 1-hr candle (14:00 UTC +8) to close prior to initiating a trade. Should the 1-hr candle at 15:00 (UTC+8) open underneath the Sell entry, open the short trade at market. Stop loss is at...
Silver (XAG/USD) has reacted off a pullback support level and could potentially break above a descending trendline to climb higher. Buy entry is at 22.600 which is a level above the descending trendline. Stop loss is at 22.221 which is a level that sits under a pullback support that aligns with the 23.6% Fibonacci retracement level. Take profit is at 23.302...
Follow FXCM Senior Financial Editorial Writer Nikos Tzabouras as he discusses the GBP/USD outlook, in the aftermath of the last Fed & BoE policy decisions and following today’s sticky UK inflation
Price could fall to our buy entry at 14989.3, which is a multi-swing low support level, aligning with the 78.6% fibo retracement and slightly above the 78.6% fibo projection. If price bounces off our buy entry, then there is potential for price to rise. Our stop loss is at 14923.1, which is below the bottom 2 wicks that were formed. Take profit is at 15173.2,...
Price has reached an all time high and closed below the previous major swing high resistance levels. Our sell entry is at 166.58, which is at the major swing high resistance levels. Our stop loss is at 166.83 which is above the wicks that formed. Take profit is at the previous swing low support level at 165.78, which is also before the 61.8% fibo retracement. ...
SPX500 could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 4353.27 which is an overlap support. Stop loss is at 4302.00 which is a level that sits under an overlap support and the 38.2% Fibonacci retracement level. Take profit is at4426.59 which is a pullback resistance that sits under the 78.6%...
Price could potentially fall to the pullback support level at 33756.4, which aligns with the 50% fibo retracement and 78.6% fibo projection. Our stop loss is at 33439.9, which is an overlap support level. Take profit is at 34097.9, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Price could fall to our buy entry at 1.3572, which is a multi-swing low support level and aligning with the 61.8% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.3520, which is a pullback support level. Take profit is at 1.3690, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 86.386 which is a pullback support that aligns under the 23.6% Fibonacci retracement level. Stop loss is at 84.478 which is a level that sits under an overlap support and aligns with the 61.8% Fibonacci retracement level. Take...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.63344 which is a pullback resistance that sits above the 23.6% Fibonacci retracement level. Stop loss is at 0.63590 which is a level that sits above a pullback resistance and the 38.2% Fibonacci retracement level. Take...
Price is starting to reject the neckline of the previous H&S pattern formed, which is our sell entry at 157.63. Furthermore, there is fibo confluence here as our sell entry aligns with the 61.8% fibo retracement and 38.2% fibo retracement as well. Our stop loss is at 158.07, which is the swing high resistance level. Take profit is at 157.00, which is a swing low...
Price could fall to our buy entry at 15088.5, which is a swing low support level, aligning with the 127.2% fibo extension and 78.6% fibo retracement. Our stop loss is 15019.7, which is below the swing low support level. Take profit is at 15190.7, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.36408 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.35590 which is a level that sits under a pullback support. Take profit is at 1.37276 which is a pullback resistance that aligns...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1887.71 which is a pullback resistance level. Stop loss is at 1910.00 which is a level that sits above a pullback resistance. Take profit is at 1853.95 which is an overlap support level. High Risk Investment Warning Trading...