The DAX (GER30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,923.54 which is a pullback resistance at the all-time high. Stop loss is at 19,050.00 which is a level that sits above the 127.2% Fibonacci extension. Take profit is at 18,671.33 which is an overlap support. High Risk...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 156.02, which overlaps support close to 38.2% Fibo retracement. Our take profit will be at 158.00, a swing-high resistance. The stop loss will be placed at 154.60, which is a pullback support level close to 78.6% Fibo retracement. High Risk Investment Warning Trading...
GBP/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2.0760 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 2.0666 which is a level that lies underneath a swing-low support. Take profit is at 2.0889 which is a pullback resistance. High...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6138 which is a pullback resistance. Stop loss is at 0.6167 which is a level that sits above a pullback resistance. Take profit is at 0.6092 which is a pullback support that lies above the 38.2% Fibonacci retracement level. ...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 78.41 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.30 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3632 which is an overlap support that aligns with the 61.8% Fibonacci projection level. Stop loss is at 1.3578 which is a level that lies underneath a swing-low support. Take profit is at 1.3719 which is a pullback resistance. High Risk...
Yesterday the SPX500 dropped around 0.8%. this sets up an interesting dynamic where short-term traders may look to capitalize. 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...
The stock of Xiaomi posts its first losing week in more than a month, despite its mostly strong quarterly results on Thursday and the upgraded guidance on EV deliveries. The drop likely reflects the broader decline of the Hang Seng Index due to geopolitical concerns. It also makes sense from a technical standpoint, since it had reached highly overbought...
The Russell 2000 (US2000) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,080.93 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 2,125.00 which is a level that sits above a pullback resistance. Take profit is at 2,035.65 which is a...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6644 which is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.6695 which is a level that sits above the 78.6% Fibonacci retracement level and ta pullback resistance. Take...
The Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.0854 which is an overlap resistance that lies underneath the 61.8% Fibonacci retracement level. Stop loss is at 1.0905 which is a level that sits above a swing-high resistance. Take profit is at 1.0798 which is a pullback...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 1.3737, an overlap resistance Our take profit will be at 1.3695, a pullback support The stop loss will be placed at 1.3804, which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 199.61, which is a multi-swing high resistance. Our take profit will be at 197.96, a pullback support level. The stop loss will be placed at 200.56, which is 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 1.0821, which is a pullback resistance. Our take profit will be at 1.0753, an overlap support level close to 78.6% Fibo retracement. The stop loss will be placed at 1.0881, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2370, which is an overlap resistance close to 38.2% Fibo retracement Our take profit will be at 2306, an overlap support level. The stop loss will be placed at 2431, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 156.93, which is a swing high resistance. Our take profit will be at 154.60, a pullback support level close to 78.6% Fibo retracememt The stop loss will be placed at 158.00, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.9156, which is an overlap resistance. Our take profit will be at 0.9097 an overlap support level that aligns with 38.2% Fibo retracement The stop loss will be placed at 0.9226, which is a swing-high resistance level. High Risk Investment Warning Trading...
The Reserve Bank of New Zealand delivered a hawkish hold on Wednesday, as it raised the OCR forecast to 5.7%, leaving room for further tightening. Policymakers believe that longer restriction may be needed to achieve the 1-3% inflation target and also upgraded their forecast, expecting CPI to fall less and slower than previously thought. The US Fed meanwhile has...