Price is facing bullish pressure from our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.70402. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
USDCAD is facing bullish pressure from 1st support level, in line with the 61.8% fib retracement and horizontal pullback support, where we could see a further bounce above this level towards 1st resistance where the 50% fib retracement and 88% fib retracement are. EMA(34) also shows that price is on support.
UKOIL approaching 54.91 where it could potentially rise further to 55.43
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 support, in line with our horizontal overlap support, 76.4% Fibonacci retracement and 100% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1873.38.
Price is facing bullish pressure from our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.800.
USDCAD is facing bullish pressure from 1st support level, in line with the 61.8% fib retracement and horizontal swing low support, where we could see a further bounce above this level towards 1st resistance where the trendline resistance is. Stochastics also shows that price is on support.
Price is facing bullish pressure from our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.800.
Price is approaching our first support, in line with our horizontal pullback support, 61.8% Fibonacci retracement and 127.2% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1959.21. It is worth noting that the price is still holding above the Ichimoku cloud in line with our bullish bias.
UKOIL bounced off 54.33 where it could potentially rise further to 55.19
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is facing bullish pressure from 1st support level, in line with the 61.8% fib retracement and horizontal swing low support, where we could see a further bounce above this level towards 1st resistance where the trendline resistance is. RSI is also showing price is on support.
UKOIL bounced off 54.12 where it could potentially rise further to 55.19
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 support, in line with our horizontal pullback support, 61.8% Fibonacci retracement and 127.2% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1959.21. It is worth noting that the price is still holding above the Ichimoku cloud in line with our bullish bias.
Price is facing bullish pressure from our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.800.
USDCAD is facing bearish pressure from 1st resistance level, in line with our horizontal overlap resistance, 61.8% fib extension and 61.8% fib retracement, where we could see a further drop below this level if price breaks below. EMA(55) shows signs of bearish pressure, in line with our bearish bias.
UKOIL bounced off 53.28 where it could potentially rise further to 55.02
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 support, in line with our 23.6% Fibonacci retracement and 100% Fibonacci extension. We could see a potential bounce and further rise up to our first resistance at 1962.84. It is worth noting that the price is still holding above the Ichimoku cloud in line with our bullish bias.
USDCAD is facing bearish pressure from 1st resistance level, in line with our horizontal swing high resistance and 38.2% fib retracement, where we could see a further drop below this level if price breaks below. Stochastics shows signs of bearish pressure, in line with our bearish bias.
