The DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
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CFDs are complex...
The Middle East hostilities have so far not created any substantial impact on oil traffic and USOil (WTI) faces pressure, as fears of a broader Israel-Iran conflict subside. Israel has reportedly retaliated for Tehran’s recent missile and drone strikes, but both sides appear to downplay the matter, diminishing the risk for further escalation. Looking at the...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at154.79, which is a multi-swing high resistance.
Our take profit will be at 153.88, an overlap support level.
The stop loss will be placed at 155.08, which is above the 127.2% Fibo extension
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Based on the M30 chart analysis, we can see that the price has just bounced off our buy entry at 2296, which is an overlap support.
Our take profit will be at2326, which is a pullnack resistance level.
The stop loss will be placed at 2264, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower.
Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ).
Stop loss is at 2.1225 which is a level that sits above a pullback resistance.
Take profit is at 2.0417 which is a swing-low...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 80.47 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level.
Stop loss is at 78.80 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3702 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.3608 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 1.3828...
The daily SPX500 looks oversold at current levels. This may cue the short-term trades to position themselves bullishly as the daily RSI normalizes.
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...
Based on the daily chart analysis, we can see that the price is falling to our buy entry at 1.2330, which is a pullback support.
Our take profit will be at 1.2501, an overlap resistance.
The stop loss will be placed at 1.2174, which is an overlap 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 has just reacted off our sell entry at 1.0668, which is an overlap resistance.
Our take profit will be at 1.0634, an overlap support level.
The stop loss will be placed at 1.0704, which is a pullback esistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 2376.30, which is an overlap resistance.
Our take profit will be at 2348, a multi-swing low support level.
The stop loss will be placed at 2399, a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6486 which is an overlap resistance that sits above the 38.2% Fibonacci retracement level.
Stop loss is at 0.6563 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance.
Take profit is at...
The DAX dropped following the news that Israel retaliated for Iran's attack over the weekend. However, the bears seem to have lost control, with the hourly charge at a crossroads.
The longer-term path shows a series of lower peaks followed by lower troughs. This suggests that the current up-leg may be an exploitable rally in the downtrend.
The DAX hourly chart...
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 192.02, which is an overlap resistance.
Our take profit will be at 190.84, an overlap support level.
The stop loss will be placed at 192.01, a multi swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk...
Based on the M15 chart analysis, we can see that the price has just bounced off our buy entry at 2381, which is an overlap support.
Our take profit will be at 2394, which is a pullback resistance level close to the 38.2% Fibo retracement
The stop loss will be placed at 2374, which is a multi-swing low support level.
High Risk Investment Warning
Trading...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.2418, which is a multi-swing low support.
Our take profit will be at 1.2483, which is a multi-swing-high resistance level.
The stop loss will be placed at 1.2341, below the 161.8% Fibo extension
High Risk Investment Warning
Trading Forex/CFDs on margin carries...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0658, which is a pullback resistance close to 61.8% Fibo retracement
Our take profit will be at 1.0606, a multi-swing low support level.
The stop loss will be placed at 1.0700, a pullback resistance level.
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 191.72 which is a pullback support that aligns with a 38.2% Fibonacci retracement level.
Stop loss is at 191.25 which is a level that lies underneath the 50.0% Fibonacci retracement level.
Take profit is at 192.71 which is a pullback...
