UKOIL reversed off its resistance at 63.74 where it could potentially drop further to 62.81.
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UKOIL bounced off 60.86 where it could potentially rise further to 61. 40
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Price is facing bullish pressure from our first support, in line with our horizontal pullback support, 38.2% fibonacci retracement and 61.8% fibonacci extension where we could see a further upside above this level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
Price is facing bullish pressure from our first support in line with our ascending trend line where we could see a further push up to test our resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bearish pressure from its 1st resistance at 1.2754, in line with the 38% fib retracement and horizontal overlap resistance, where we could see a further drop below this level towards 1st support where161.8% fib extension is.EMA is also suggesting that price could drop further.
Neutral Outlook for UKOIL as technical indicators are mixed.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is facing bullish pressure from our first support in line with our ascending trend line where we could see a further push up to test our resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Price is facing bullish pressure from our first support, in line with our horizontal pullback support, 38.2% fibonacci retracement and 78.6% fibonacci extension where we could see a further upside above this level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
UKOIL bounced off 60.68 where it could potentially rise further to 61.51
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Price is facing bullish pressure from our first support, in line with our horizontal pullback support, 23.6% fibonacci retracement where we could see a further upside above this level. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well.
Price broke its resistance and is facing bullish pressure from our first support in line with our ascending trend line where we could see a further push up to test our resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bearish pressure from its downside confirmation at 1.2755, in line with the 61.8% fib retracement and 78% fib extension, where we could see a further drop below this level towards 1st support where horizontal overlap support is.Trendline is also suggesting that price could drop further.
USDCAD is facing bullish pressure from its first support at 1.2755, in line with the 61.8% fib retracement and 78% fib extension, where we could see a further bounce above this level towards 1st resistance where horizontal swing high is.Trendline is also suggesting that price could pull back to the trendline before further drop.
Price is approaching our first resistance, in line with our horizontal swing high resistance, 127.2% fibonacci extension and 76.4% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 50% fibonacci retracement and 100% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
UKOIL bounced off 59.56 where it could potentially rise further to 60.42
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
UKOIL reversed off its resistance at 59. 40 where it could potentially drop further to 58.92.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 23.6 fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
