USDCAD is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement and horizontal pullback resistance, where we could see a further drop to our first support target where the 61.8% fib extension is. Stochastics is also signaling that price could reverse upon reaching the resistance level at 93.28.
We caught the bullish move upwards towards our first resistance level at 1875.34, which is in line with our 50% Fibonacci extension, 78.6% Fibonacci retracement and horizontal swing high resistance. We remain bullish above our first support level at 1817.72. It is worth noting that the price is now above EMA (55) and the Ichimoku cloud, which shows that the price...
Price is approaching our first support in line with our 50% Fibonacci extension, 38.2% Fibonacci retracement and horizontal overlap support, where we remain bullish above this level. A small bounce and then a further rise above first support at 3.50954 towards first resistance at 3.57843 could be possible. It is also worth noting that RSI remains above the...
UKOIL bounced off 50.58 where it could potentially rise further to 51.04
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Price is facing bullish pressure from our first support in line with our 61.8% Fibonacci extension, 76.4% Fibonacci retracement and horizontal swing low support, where we remain bullish above this level. A further rise above first support at 3.47033 towards first resistance at 3.52870 could be possible. It is also worth noting that RSI has just bounced from the...
Price continues to face bullish pressure from our first support level at 1817.72, in line with our 78.6% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback support, where we could see a potential further rise up to our first resistance level at 1875.34, which is in line with our 50% Fibonacci extension, 78.6% Fibonacci retracement and...
USDCAD is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement and horizontal swing high, where we could see a further drop to our first support target where the 100% fib extension is. Stochastics is also signaling that price could make a limited pushup towards our 1st resistance before a reversal.
UKOIL reversed off its resistance at 50.37 where it could potentially drop further to 49.62
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 our first resistance, in line with our 61.8% fibonacci retracement and horizontal swing high, where we could see a further drop to our first support target where the 61.8% fib extension is. Stochastics is also signaling that price could make a limited pushup towards our 1st resistance before a reversal.
Price continues to face bullish pressure from our first support level at 1817.72, in line with our 61.8% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback support, where we could see a potential further rise up to our first resistance level at 1875.34, which is in line with our 78.6% Fibonacci retracement and horizontal swing high resistance....
Price is approaching our first support in line with our horizontal overlap support and 38.2% Fibonacci retracement, where we remain bullish above this level. A short term rise above first support at 3.50883 towards first resistance at 3.57843 could be possible. It is also worth noting that price is now above EMA (55), which shows bullish pressure in line with our...
UKOIL bounced off 49.84 where it could potentially rise further to 50.56
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 level at 1817.72, in line with our 61.8% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback support, where we could see a potential bounce up to our first resistance level at 1875.34, which is in line with our 78.6% Fibonacci retracement and horizontal swing high resistance. It is worth noting that the...
UKOIL reversed off its resistance at 50.56 where it could potentially drop further to 49.84
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 our first resistance, in line with our 50% Fibonacci retracement and 100% Fibonacci extension and 100 EMA, where we could see a further drop to our first support target. A break below our downside confirmation level would provide the bearish acceleration to our first support target.
Trading CFDs on margin carries high...
Price is approaching our first support level at 1817.72, in line with our 50% Fibonacci retracement and horizontal pullback support, where we could see a potential bounce up to our first resistance level at 1965.57, which is in line with our 61.8% Fibonacci retracement and horizontal swing high resistance.
Trading CFDs on margin carries high risk.
Losses can...
USDCAD is facing bearish pressure from our first resistance, in line with our 23.6% fibonacci retracement and 100% fibonacci extension and 100 EMA, where we could see a further drop to our first support 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 48.88 where it could potentially rise further to 49.52
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
