WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 72.754 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 72.00 which is a level that sits under the 61.8% Fibonacci retracement level.
Take profit is at 74.681 which is a...
AUD/CAD is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88914 which is an overlap resistance.
Stop loss is at 0.89315 which is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level.
Take profit is at 0.88131 which is a swing-low support.
High Risk Investment...
AUD/JPY has just reacted off a swing-high resistance and momentum could carry price lower.
Sell entry is at 97.748 which is a swing-high resistance.
Stop loss is at 98.250 which is a level that sits above a pullback resistance.
Take profit is at 96.652 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.61696 which is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 0.62180 which is a level that sits above an overlap resistance that aligns close to the 38.2% Fibonacci...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.34630 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 1.34100 which is a level that sits under an overlap support.
Take profit is at 1.35626 which is a pullback resistance.
High Risk...
EUR/AUD has just reacted off a pullback support and momentum could potentially carry price higher.
Buy entry is at 1.65166 which is a pullback support.
Stop loss is at 1.64450 which is a level that sits under an overlap support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 1.66740 which is a pullback resistance.
High Risk...
The DAX (GER30) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 16,797.48 which is a multi-swing-high resistance that aligns close to the 100.0% Fibonacci projection level.
Stop loss is at 16,900.00 which is a level that sits above a multi-swing-high resistance.
Take profit is at...
CAD/CHF is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.64734 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 0.65250 which is a level that sits above a swing-high resistance.
Take profit is at 0.64234 which is a pullback...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 147.711 which is a pullback support.
Stop loss is at 146.900 which is a level that sits under a pullback support.
Take profit is between 149.400 and 149.749 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.85712 which is a pullback support.
Stop loss is at 0.85400 which is a level that sits under a pullback support.
Take profit is at 0.86171 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level.
High...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,020.51 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 2,039.11 which is a level that aligns with the 61.8% Fibonacci retracement level and sits above a pullback...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 71.194 which is a pullback support that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 69.900 which is a level that sits under a swing-low support and the 78.6% Fibonacci projection level.
Take profit is at...
USD/CHF could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 0.86303 which is an overlap support.
Stop loss is at 0.85800 which is a level that sits under an overlap support and the 23.6% Fibonacci retracement level.
Take profit is between 0.87150 and 0.87307 which is an overlap resistance that aligns...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.08937 which is a pullback resistance.
Stop loss is at 1.09500 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.08137 which is a pullback support that aligns...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
