Copper prices are facing bullish pressure from our first support, where we could see further upside above this level. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bearish pressure from our resistance, in line with our descending trend line, and a break below our downside confirmation level could see a further drop to our first support target.
UKOIL reversed off its resistance at 66.86 where it could potentially drop further to 65.70.
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Price currently holding above ascending trendline support. A rise above 1st support at 66.63 towards 1st resistance at 68.10 and 2nd resistance at 69.02 could be likely.
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Losses can exceed the initial investment so please ensure you fully
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Copper prices are facing bullish pressure from our first support, where we could see further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bearish pressure from our resistance, in line with our descending trend line, horizontal pullback resistance and 61.8% fibonacci retracement where we could see a reversal below this level. Stochastic is facing resistance from our resistance at 97.95 where we could see a reversal below this level as well.
UKOIL reversed off its resistance at 65.46 where it could potentially drop further to 63.92.
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 its 1st resistance at 1.2581, in line with 127% fib retracement and horizontal overlap resistance. We could see a further drop below this level towards 1st support where the 161.8% fib retracement is. EMA is also suggesting that price could drop further.
Copper broke our upside confirmation previously. Currently, price is facing bullish pressure from our first support, in line with our graphical level, where we could see further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bearish pressure from our resistance, in line with our descending trend line, horizontal pullback resistance and 61.8% fibonacci retracement where we could see a reversal below this level. Stochastic is facing resistance from our resistance at 97.95 where we could see a reversal below this level as well.
UKOIL reversed off its resistance at 66.63 where it could potentially drop further to 65.38.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bearish pressure from our resistance, in line with our descending trend line, horizontal pullback resistance and 61.8% fibonacci retracement where we could see a reversal below this level. Stochastic is facing resistance from our resistance at 97.95 where we could see a reversal below this level as well.
Copper bounced nicely from our support level to hit our resistance target previously. Price is facing bullish pressure from our first support, in line with our horizontal overlap support, 23.6% fibonacci retracement where we could see a further upside above this level. A break above our upside confirmation level could provide the bullish acceleration to our first...
USDCAD is facing bearish pressure from its 1st resistance at 1.2637, in line with 38.2% fib retracement and horizontal swing high resistance. We could see a further drop below this level towards 1st support where the 127% fib retracement is. EMA is also suggesting that price could drop further.
USDCAD is facing bearish pressure from its 1st resistance at 1.2619, in line with 23.6% fib retracement and horizontal overlap resistance. We could see a further drop below this level towards 1st support where the127% fib retracement is. EMA is also suggesting that price could drop further.
Copper bounced nicely from our support level to hit our resistance target previously. Price is facing bullish pressure from our first support, in line with our horizontal overlap support, 23.6% fibonacci retracement where we could see a further upside above this level. A break above our upside confirmation level could provide the bullish acceleration to our first...
Price is facing bullish pressure from our first support where we could see a further push up to test our resistance target. Stochastic is approaching support as well, in line with our bullish bias. That said, we caution the limited upside as prices are facing bearish pressure as well, from our descending trend line.
UKOIL bounced off 63.27 where it could potentially rise further to 63.98
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
