Market analysis from IC Markets

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WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 83.17 1st Support: 81.86 1st Resistance: 85.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...

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Wait for price to pullback at the pivot, However, if price breaks aove the pivot, it could rise to the ext resistance level Pivot: 2312 Support: 2295 Resistance: 2328 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...

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USDJPY is rising toward the pivot point close to the 161.85 extension and 100% Projection and could fall to a support level However, a break above the pivot might lead to an ascent towards the next resistance Pivot: 166.98 - 167.20 Support: 165.33 Resistance: 169.46 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...

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EURUSD is rising toward the pivot point and could potentially fall to an overlap support level However, a break above the pivot might lead to an ascent towards the next resistance Pivot: 1.0729 Support: 1.0680 Resistance: 1.0804 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...

ICmarkets Broker Updated 

EURUSD is falling toward the pivot and could bounce off a pullback support Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1.0680 Support: 1.0640 Resistance: 1.0729 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...

ICmarkets Broker Updated 

GBPJPY has reacted off the pivot and could fall to support. However, if price breaks above the pivot, it could continue to rise to the next resistance level close to 127.2% Fibonacci extension additionally, there is bearish divergecne Pivot: 192.37 Support: 191.70 Resistance: 193.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

ICmarkets Broker Updated 

XAUUSD is rising toward the pivot point close to 38.2% Fibonacci retracement and could fall to a support level However, a break above the pivot might lead to an ascent towards the next resistance close to 61.8% Fibonacci retracement Pivot: 2337.75 Support: 2306.43 Resistance: 2361.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

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USD/CAD has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 1.3668 1st Support: 1.3628 1st Resistance: 1.3738 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...

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Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency stall around this level before potentially reversing to drop towards the 1st support? Pivot: 67,959.86 1st Support: 64,549.56 1st Resistance: 71,123.59 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...

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The DAX (DE40) has broken above a pivot level and could potentially rise higher. Could this index bounce off this pivot and rise towards the 1st resistance? Pivot: 18,152.00 1st Support: 17,901.10 1st Resistance: 18,396.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...

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The Aussie (AUD/USD) has broken above a pivot level and could potentially rise higher. Could this FX pair bounce off this pivot and rise towards the 1st resistance? Pivot: 0.6500 1st Support: 0.6461 1st Resistance: 0.6550 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...

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GBPUSD is rising toward the pivot point + 127.2% and could potentially fall to a support level However, a break above the pivot might lead to an ascent towards the next resistance at the 161.8% Fibonacci extension. Pivot: 1.2528 Support: 1.2419 Resistance: 1.2596 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...

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DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 17902 Support: 17657 Resistance: 18208 Risk Warning: Trading Forex and CFDs carries a high level of risk...

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AUDUSD has just bounced off at the pivot and could rise to the next pullback resistance level that is close to the 50% Fibonacci retracement Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 0.6449 Support: 0.6389 Resistance: 0.6500 Risk Warning: Trading Forex and CFDs carries a high level...

ICmarkets Broker

USDJPY is currently at the pivot and could fall toa pullback support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level which is close to the 161.8% Fibonacci extension. Addiontaly, there is bearish divergence Pivot: 154.77 Support: 153.36 Resistance: 155.77 Risk Warning: Trading Forex and CFDs...

ICmarkets Broker

XAUUSD is rising toward the pivot point and could potentially fall to a support level that is close to the 161.8 Fibonacci extension Alternatively, if price breaks above the pivot, it could continue to rise to the pullback resistance level Pivot: 2320 Support: 2266 Resistance: 2363 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

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DJIA (US30) is rising towards the pivot which has been identified as an overlap resistance. Could this index stall around this level before potentially reversing to drop lower? Pivot: 38,546.69 1st Support: 38,025.73 1st Resistance: 39,042.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...

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The Kiwi (NZD/USD) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5930 1st Support: 0.5873 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...