Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 149.83. Our take profit will be at 148.63, a pullback support. The stop loss will be placed at 151.11, above the resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.326 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 75.200 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
The Aussie (AUD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.65044 which is a pullback support. Stop loss is at 0.64270 which is a level that lies underneath a pullback support. Take profit is at 0.66023 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
USD/JPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 149.825 which is a pullback support. Stop loss is at 149.400 which is a level that lies underneath the 38.2% Fibonacci retracement level and a pullback support. Take profit is at 150.871 which is a pullback resistance. High Risk Investment...
Silver (XAG/USD) has just reacted off a pullback resistance and could potentially drop lower from here. Sell entry is at 22.948 which is a pullback resistance. Stop loss is at 23.210 which is a level that sits above a swing-high resistance. Take profit is at 22.587 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. High...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join professional trader, Ketan, as he looks at some of the key technical and fundamental setups today.
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6102, which is a pullback resistance. Our take profit will be at 0.6079 an overlap support level. The stop loss will be placed at 0.6131, above a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8821, which is a pullback resistance. Our take profit will be at 0.8733, an overlap support level. The stop loss will be placed at 0.8897, above a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8858, which is an overlap resistance. Our take profit will be at 0.8820, a pullback support level. The stop loss will be placed at 0.8889, above a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 110.87, which is a breakout support level Our take profit will be at 110.38, a pullback support. The stop loss will be placed at 111.44, above a swing-high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 184.18, which is a pullback support that closes to the 50% Fibo retracement. Our take profit will be at 185.63, which is a pullback resistance level. The stop loss will be placed at 182.62, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2571, which is a pullback support Our take profit will be at 1.2650, which is a pullback resistance level. The stop loss will be placed at 1.2529, which is a swing-low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 75.850 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 74.800 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
Gold (XAU/USD) ) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1988.60 which is a pullback support. Stop loss is at 1982.00 which is a level that lies underneath a swing-low support. Take profit is at 2005.86 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
News commentary and technical analysis, everyday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras