GBPCAD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.64593 which is an overlap resistance. Stop loss is at 1.65400 which is a level that sits above the overlap resistance level. Take profit is at 1.63857 which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs...
Join FXCM Senior Financial Editorial Writer as he discusses the EUR/USD outlook, after the latest ECB & Fed decisions, which affirmed the shift in monetary policy dynamics
Price is approaching our buy entry at 0.8633, which is a major support key level. Our stop loss is at 0.8593, which is another major support key level, placed slightly below the -27.2% fibo expansion and 161.8% fibo extension. Take profit is at 0.8678, which is at the 100% fibo projection and 78.6% fibo retracement. High Risk Investment Warning Trading...
Price is hovering at our buy entry, at 1.2190, which is a major overlap support level. Our stop loss is at 1.2132, which is another overlap support level. Take profit is at 1.2390, which is an overlap resistance level. We can expect price to gain bullish momentum to the upside soon due to the correlation of GBPUSD and DXY. High Risk Investment Warning Trading...
USDDCAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.35236 which is a swing-high resistance that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 1.35869 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit...
Price could fall to our buy entry at 157.16, which is a swing low support level, aligning with the 78.6% fibo projection and slightly above the 78.6% fibo retracement. Our stop loss is at 156.63, which is a multi-swing low support level. Take profit is at 158.05, which is a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Price is approaching our buy entry at 15347.05, which is a pullback support level, aligning with the 61.8% fibo projection and -27.2% fibo expansion. Our stop loss is at 15156.11, which is a swing low support level, also an area of interest for a bullish reversal since it is the last down move before the break of structures of the previous highs. Take profit is at...
The Euro (EURUSD) could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 1.06787 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.07200 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is...
GBPCAD is attempting to break below a key pullback support and momentum could cause it to drop lower for a potentially bearish breakout. Sell entry is at 1.65366 which is a pullback support; wait for the current 4-hour candle to close below the Sell entry prior to putting on the trade. Stop loss is at 1.66206 which is a pullback resistance level. Take profit is...
Price is hovering at a key resistance level, which is our sell entry at 0.8694, slightly below the 61.8% fibo projection. Our stop loss is at 0.8728, which is an overlap resistance level. Take profit is at 0.8664, which is an overlap support level, aligning with the 23.6% fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Price is hovering above our buy entry at 34043.3, which is a multi-swing low support level, slightly above the 161.8% fibo extension level. Our stop loss is at 33876.3, which is a swing low support level. Take profit is at 34306.4, which is a pullback resistance level and at the 61.8% fibo projection. High Risk Investment Warning Trading Forex/CFDs on margin...
AUDNZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.08308 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.08546 which is a pullback resistance level that sits above the 38.2% Fibonacci resistance level. Take profit is at 1.08018...
The DAX index (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 15565.59 which is a pullback resistance. Stop loss is at 15654.35 which is an overlap resistance that sits above the 50.0% Fibonacci retracement level. Take profit is at 15454.00 which is a recent swing-low support level. ...
USDCAD is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.34960 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.35700 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is...
The Aussie (AUDUSD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.64084 which is a pullback support. Stop loss is at 0.63750 which is a level that aligns under the 127.2% Fibonacci extension level. Take profit is at 0.64724 which is a pullback resistance level. High Risk Investment Warning...
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 109.806 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 109.230 which is a level that aligns under a pullback support level. Take profit is at 110.440 which is a swing-high resistance...
GBPJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 183.325 which is a pullback resistance that also intersects with the descending trendline. Stop loss is at 183.980 which is a level that sits above a swing-high resistance level. Take profit is at 181.758 which is a pullback support that...
USOIL (WTI) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 89.625 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 88.026 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Take profit is at 93.226 which...