Gold (XAU/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,342.54 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 2,359.96 which is a pullback resistance that sits above the 50.0% Fibonacci retracement level. Take profit is at...
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 194.91 which is a pullback resistance. Stop loss is at 195.47 which is a level that sits above the 127.2% Fibonacci extension level and the pullback resistance. Take profit is at 194.14 which is a pullback support that lies above the...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 80.00 which is a level that lies underneath a pullback support. Take profit is at 84.47 which is an overlap resistance. High...
Apple is having a tough period with weakening China demand, lack of growth and innovation, AI lag, regulatory challenges that threaten its lucrative walled garden business model and other headwinds. These challenges weigh on the stock, which shed more than 10% in the first quarter. Along with Tesla, they were the only stocks to fall, among the Magnificent...
Gold has found support and may be charting a swing low. The shorter-term traders look to be positioning for a positive swing. 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 instruments and come with a...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2529, which is a pullback resistance close to 61.8% Fibo retraceemt Our take profit will be at1.2419, an overlap support level. The stop loss will be placed at 1.2671, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0729, which is an overlap resistance. Our take profit will be at 1.0666, an overlap support level. The stop loss will be placed at 1.0804, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6545 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.6572 which is a level that sits above a pullback resistance. Take profit is at 0.6483 which is an overlap...
The DAX (GER30) could fall towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 18,253.04 which is a pullback support. Stop loss is at 18,120.41 which is a level that lies underneath the ascending trendline and aligns with a pullback support. Take profit is at 18,513.50 which is a pullback resistance. High...
EUR/CAD is rising towards a resistance zone that is bounded by the descending trendline and Fibonacci retracement levels. It could potentially reverse off this zone to drop lower. Sell entry is between 1.4650 and 1.4655 which is a resistance zone that is bounded by the descending trendline and Fibonacci retracements at 38.2% and 50.0% levels. Stop loss is at...
AUD/USD rises today as inflation data from Australia came in higher than anticipated. March CPI accelerated for the first the first time in months (+3.5% y/y), Q1 rose 1% q/q (from +0.6% prior) and on a yearly basis it came in at 3.6%, which was above forecast. The Reserve Bank of Australia has refrained from raising rates for the past three meetings and has...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.2394, which is a pullback support. Our take profit will be at 1.2493 a multi-swing high resistance. The stop loss will be placed at 1.2300, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0676, which is pullback support close to 38.2% Fibo retracement Our take profit will be at 1.0730, an overlap resistance. The stop loss will be placed at 1.0610 which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1,984.39 which is a pullback resistance. Stop loss is at 2,035.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 1,916.07 which is a pullback...
EUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6519 which is an overlap resistance. Stop loss is at 1.6555 which is a level that sits above a pullback resistance. Take profit is at 1.6476 which is an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 190.29 which is a pullback support. Stop loss is at 189.88 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 191.63 which is a pullback resistance that aligns close to the...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...