UKOIL bounced off 69.34 where it could potentially rise further to 70.32
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Losses can exceed the initial investment so please ensure you fully
understand the risks
UKOIL bounced off 68.11 where it could potentially rise further to 69.17
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper prices are approaching our first resistance, in line with our descending trend line where we could see a further drop below this level. A break below our downside confirmation level could see a further drop to our first support target. Ichimoku cloud are showing signs of bearish pressure as well, in line with our bearish bias.
Prices broke our upside confirmation level to push higher yesterday. Currently, price is facing bullish pressure from our ascending trend line and first support level, in line with our horizontal pullback support and 23.6% fibonacci retracement where we could see a further upside above this level to our first resistance target. Ichimoku cloud is showing signs of...
UKOIL bounced off 66.60 where it could potentially rise further to 67.79
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is facing bearish pressure from 1st resistance which is in line with 61.8% fibonacci retracement and 100% fibonacci extension. Prices might push down towards 1st support which is line with 100% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also showing resistance from the 83.84 level.
Price is approaching our first support, in line with our horizontal pullback support, 61.8% fibonacci extension and 50% fibonacci retracement where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices reversed nicely from our first resistance and are facing bearish pressure from our descending trend line where we could see a further drop below this level. A break below our downside confirmation level could see a further drop to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our...
USDCAD is facing bearish pressure from 1st resistance, which coincides with a descending trendline as well as 161.8% fibonacci retracement and 78.6% fibonacci extension. Prices might pull back to 1st support which coincides with horizontal swing low support as well as 100% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also facing resistance...
UKOIL bounced off 67.44 where it could potentially rise further to 69.98
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Price is approaching our first resistance, in line with our horizontal overlap resistance level, 38.2% fibonacci retracement and 61.8% fibonacci extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. A break below our downside confirmation level could provide the...
Copper prices are reversing nicely from our first resistance and facing bearish pressure from our descending trend line where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
USDCAD is facing bullish pressure from 1st support which is also a horizontal pullback support and 61.8% fibonacci retracement. Prices might bounce to 1st resistance which coincides with horizontal swing high resistance, 61.8% fibonacci extension and 50% fibonacci extension. Stochastics is also showing that prices are taking support from the 6.79 level.
Copper prices are facing bearish pressure from our descending trend line and our first resistance where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
Price is approaching our first resistance, in line with our horizontal pullback resistance level, 61.8% fibonacci retracement and 127.2% fibonacci extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
UKOIL bounced off 70.38 where it could potentially rise further to 72.46
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is facing bearish pressure from 1st resistance at 1.27077, in line with 78.6% fib extension, 78.6% fib retracement and horizontal swing high resistance. We could see a further push towards 1st support at 1.25755 where the 61.8% fib extension and 61.8 fib retracement is. Stochastics is also showing resistance against the 83.82 level..
Copper prices are facing bearish pressure from our descending trend line and approaching our first resistance where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
