We are seeing a medium-probability bullish scenario as price is approaching our first support level at 48.54 where -27%, 61.8% fibonacci retracement and horizontal graphical overlap is. Price could make a bounce towards the first resistance level at 48.88. It’s worth noting that the Stochastic is showing bullish pressure where price has reacted off the 15% level...
USDCAD is facing bullish pressure from our first support, in line with the 100% fib extension , where we could see a further bounce towards 1st resistance. Although the longer-term direction is still bearish as the trendline indicates, we could see a possible pullback to the trendline towards 1st resistance as Stochastics indicates.
A break above our upside confirmation level at 1861.82 could provide the bullish acceleration to our first resistance target.
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Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
USDCAD is facing bullish pressure from our first support, in line with the 100% fib extension , where we could see a further bounce towards 1st resistance. Although the longer-term direction is still bearish as the trendline indicates, we could see possible pullback to the trendline towards 1st resistance before a further drop as Stochastics indicates.
Neutral Outlook for UKOIL as technical indicators are mixed.
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Price is approaching our first resistance where we could see a reversal below this level.
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 remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
USDCAD is facing bearish pressure from our first resistance, in line with the 78% fib extension , where we could see a further drop towards 1st support. The longer-term direction is still bearish as the trendline and IChimoku indicate, and we could see price reverse towards our 1st support.
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
Price is approaching our first resistance where we could see a reversal below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
UKOIL bounced off 47.90 where it could potentially rise further to 49.06
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 our first support, in line with the 78% fib extension , where we could see a further bounce towards 1st resistance. Although the longer-term direction is still bearish as the trendline and IChimoku indicate, we could see limited pushup towards our 1st resistance before a reversal. Stochastics is also indicating bullish momentum.
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement, where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UKOIL bounced off 47.35 where it could potentially rise further to 47.94
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD facing pressure pressure from 1st resistance! USDCAD is facing bearish pressure from our first resistance, in line with the 38.2% fib retracement , where we could see a further drop towards 1st support. The Ichimoku cloud is showing signs of increasing bearishness as price reverses from our 1st resistance.
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement , where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
