Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.5995, which is an overlap resistance level Our take profit will be at 0.5958, an overlap support level. The stop loss will be placed at 0.6042, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
Based on the daily chart analysis, we can see that the price is falling toward our buy entry at 151.91, which is a pullback support Our take profit will be at 153.25, which is a swing-high resistance level. The stop loss will be placed at 150.77, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0692, which aligns with 127.2% Fibo retracement Our take profit will be at 1.0724 which is a pullback resistance level. The stop loss will be placed at 1.0677, which is 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 falling to our buy entry at 0.9092, which is pullback support that is close to 38.2% Fibo retracement. Our take profit will be at 0.9141, a swing-high resistance. The stop loss will be placed at 0.9064, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2345, which is an overlap resistance that aligns with the 61.8% Fibo retracement. Our take profit will be at 2327, an overlap support level. The stop loss will be placed at 2362, which is a swing-high resistance level. High Risk Investment Warning Trading...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 12364, which is a pullback support that closes to the 50% Fibo retracement. Our take profit will be at 2395, which is a swing-high resistance level. The stop loss will be placed at 2327, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.5965 which is a potential breakout level ( wait for the 1-hr candle to close below 0.5965 for confirmation ). Stop loss is at 0.6006 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.03 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 83.60 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at...
AUD/JPY is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 99.37 which is a pullback support. Stop loss is at 98.07 which is a level that lies underneath a pullback support and the 161.8% Fibonacci extension level. Take profit is at 101.34 which is a level that aligns with the 100.0% Fibonacci...
SPX500 could fall towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,111.36 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 5,050.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
Short-term traders are trying to be proactive, however technical developments are still required before a "dip in the uptrend" scenario is registered. 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 H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2613, which is a pullback resistance that aligns with the 50% Fibo retracement. Our take profit will be at 1.2562, a swing-low support level. The stop loss will be placed at 1.2671, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0800, which is a pullback resistance that aligns with the 50% Fibonacci retracement. Our take profit will be at 1.0735, a swing-low support level. The stop loss will be placed at 1.0851, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs...
The Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6615 which is a swing-high resistance. Stop loss is at 0.6645 which is a level that sits above a swing-high resistance. Take profit is at 0.6560 which is a pullback support that aligns close to the 50.0% Fibonacci...
The DAX daily chart is showing signs of consolidation, but the short-term market participants are constructive. IF the short-term momentum holds, there will be something to work with. 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...
NZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would...
SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present. 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...
Technicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...