The SPX500 has lost momentum since yesterday. If the hourly RSI remains below 50, we may see lower prices in the short-term.
Keep an eye on the daily RSI because if that slips it will affect the higher time frame's momentum.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
The pair has managed to stage a rebound from its 2024 lows and reacts positively to today’s preliminary data from Eurozone, which showed Q1 GDP expansion and persistence in headline inflation. As such, the common currency continues its effort to surpass the pivotal resistance confluence, provided by the EMA200 and the 38.2% Fibonacci of the March-April slump....
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0685, which is an overlap support.
Our take profit will be at 1.0791, a pullback resistance.
The stop loss will be placed at 1.0630, which is a swing-low support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.2499, which is a pullback support that aligns with the 23.6% Fibo retracement
Our take profit will be at 1.2593, a pullback resistance.
The stop loss will be placed at 1.2466, which is an overlap support level that aligns with the 28.2% Fibo retracement
High Risk...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8951 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.8989 which is a level that sits above a pullback resistance.
Take profit is at 0.8904 which is a pullback support that aligns...
Silver (XAG/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 26.54 which is a pullback support that lies above the 61.8% Fibonacci retracement level.
Stop loss is at 26.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 82.33 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level.
Stop loss is at 80.50 which is a level that lies underneath a pullback support.
Take profit is at 84.67 which is an overlap resistance.
...
USD/CAD is trading close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3632 which is an overlap support.
Stop loss is at 1.3600 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 1.3717 which is a pullback resistance that aligns with the...
The daily chart has been bouncing since moving oversold around the 19th of April. The daily RSI has now moved to the positive side of the indicator.
The SPX500 hourly chart still shows signs of positivity. Its stochasstic indicates a bullish momentum, with no short-term oversold signals.
This video is intended for the users of Stratos Markets Limited, Stratos...
Prices rally around 15% this month and break another threshold, hitting the highest levels in two years. The advance brings the record peak of 2022 in the spotlight (5.041) and given the improved supply-demand dynamics, that level looks within reach.
There is optimism around increased need for the non-ferrous metal due to the green energy transition and the...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6529 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6473 which is a level that lies underneath a pullback support.
Take profit is at 0.6616 which is an overlap...
Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 2329, which is a multi-swing high resistance.
Our take profit will be at 2310, an overlap support level.
The stop loss will be placed at 2351, which is an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.3631, which is an overlap support.
Our take profit will be at 1.3717, which is a swing-high resistance level.
The stop loss will be placed at 1/3561, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high...
Based on the daily chart analysis, we can see that the price is falling to our buy entry at 151.84, which is a pullback support that aligns with the 61.8% Fibonacci retracement
Our take profit will be at 158.38, a swing high resistance.
The stop loss will be placed at 148.38, which is a pullback support 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 1.2593, which is a pullback resistance.
Our take profit will be at 1.2484, an overlap support level.
The stop loss will be placed at 1.2696, 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 has just bounced off our buy entry at 1.0709, which is an overlap support.
Our take profit will be at 1.0808, which is a pullback resistance level.
The stop loss will be placed at 1.0640, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level...
The DAX hourly RSI is above 50 and its stochastic is in its upper quartile. These suggests a short-term positive momentum. Core PCE out later is likely to influence risk sentiment. In that regard keep an eye on the hourly stochastic - if it starts to slip, the short-term momentum will be waning. If it holds, the sentiment will be biased towards risk-on.
This...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.2521 which is a pullback resistance.
Stop loss is at 1.2588 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.2426 which is a pullback support.
High Risk...
