Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 100% Fibonacci extension and 50% fibonacci retracement where we could see a reversal 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 pressure.
Price is facing bullish pressure from our first support and we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.
USDCAD is facing bullish pressure from our upside confirmation at 1.2838, in line with the 78% fib extension and horizontal swing high, where we could see a further bounce above this level towards 1st resistance where 127% fib extension is. EMA also shows that price is on support.
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.
USDCAD is facing bearish pressure from 1st resistance level, in line with the 61.8% fib extension and 61.8% fib retracement, where we could see a further drop below this level towards 1st support where 50% fib retracement is. Stochastics also shows that price is near resistance.
UKOIL bounced off 55.85 where it could potentially rise further to 56.32
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USDCAD is facing bearish pressure from 1st resistance level, in line with the 78.6% fib extension and 78.6% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.
UKOIL reversed off its resistance at 56.00 where it could potentially drop further to 55.07
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 and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.
USDCAD is facing bearish pressure from 1st resistance level, in line with the 100% fib extension and 78.6% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance.
UKOIL reversed off its resistance at 55.58 where it could potentially drop further to 54.48.
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 and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% Fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.
Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.
USDCAD is facing bearish pressure from 1st resistance level, in line with the 61.8% fib extension and 50% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance.
Price just reversed from 55.58, which is our 1st resistance level in line with our 61.8% Fibonacci extension and 50% Fibonacci retracement. We see a medium-probability bearish scenario at 55.58 where we can see price push towards 1st support at 55.01 as a possible upside target for short. Otherwise, failure to hold under 1st resistance should see price swing the...
Price is testing our first support and ascending trend line and we could see a further push up to test our first resistance target at 3.70402. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well, in line with our bullish bias.
