Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 161.49, which is an overlap resistance. Our take profit will be at 160.71, a swing-low support level. The stop loss will be placed at 161,93, 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 2030, which is an overlap resistance. Our take profit will be at 2013.76, a pullback support level. The stop loss will be placed at 2048, a pullback resistance level. 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 0.8638, which is an overlap support. Our take profit will be at 0.8693, a multi-swing high resistance. The stop loss will be placed at 0.8582, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 146.46, which is a pullback support. Our take profit will be at 148.64, a multi-swing high resistance. The stop loss will be placed at 144.60, which is an overall support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 1.4685, which is an overlap resistance. Our take profit will be at 11.4648, a pullback support level. The stop loss will be placed at 1.4729, 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 currently at our sell entry at 1.2700, which is a pullback resistance that algins with the 50% Fibo retracement. Our take profit will be at 1.2650, a multi-swing low support level. The stop loss will be placed at 1.2761, above a swing-high resistance level High Risk Investment Warning Trading...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0876, which is a pullback resistance that aligns with the 50% Fibo retracement. Our take profit will be at 1.0832, a swing-low support level. The stop loss will be placed at 1.0923, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 0.8689 (breakout) Our take profit will be at 0.8625, a pullback support level. The stop loss will be placed at 0.8748, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2038, which is an overlap resistance Our take profit will be at 2013, a pullback support level. The stop loss will be placed at 2059, an overlap resistance level 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 is currently at our sell entry at 1.0876 (breakout) Our take profit will be at 1.0814, a pullback support level. The stop loss will be placed at 1.0939, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
GBPJPY is falling towards out sell entry the overlap support. From there price could reverse to the take profit level. Sell entry is at 187.305 which is an overlap support level. Stop loss is at 188.713 which is a level that sits above the swing-high resistance. Take profit is at 184.591 which is an overlap support level that aligns closely with the 38.2%...
Gold could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 2035.62 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 2056.53 which is a level that sits above the swing-high resistance. Take profit is at 2002.19 which is an overlap support level. High...
EURGBP is falling towards a pullback support and might continue to fall further to the take profit level. Sell entry is at 0.85093 which is a pullback support. Stop loss is at 0.86235 which is a level that sits under an overlap resistance. Take profit is at 0.83448 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries...
EURUSD is falling towards an overlap support and could potentially break out of this area and reverse further. Sell entry is at 1.08282 which is an overlap support. Stop loss is at 1.09247 which is a level that sits under an overlap resistance. Take profit is at 1.07451 which is an overlap support that aligns with the 161.8% Fibonacci extension level. High...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.34259 which is an overlap support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 1.33300 which is a level that sits under a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 1.35486...
The Pound (GBP/USD) could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 1.27799 which is a pullback resistance that aligns with the 78.6% Fibonacci projection level. Stop loss is at 1.28420 which is a level that sits above the 100.0% Fibonacci projection level and a swing-high resistance. Take profit...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras