USDCAD is testing upside confirmation, in line with our 23.6% fibonacci retracement. We could see a further bounce above this level to our first resistance target if price closes above it. This is also in line with the trendline where price could potentially pull back towards before a reversal.
UKOIL reversed off its resistance at 44.26 where it could potentially drop further to 42.60.
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Price is facing bullish pressure from our first support where we could see further upside above 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 where we could see further upside above this level.
Trading CFDs on margin carries a high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
UKOIL bounced off 41.12 where it could potentially rise further to 43.46
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
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USDCAD is testing upside confirmation, in line with our 23.6% fibonacci retracement. We could see a further bounce above this level to our first resistance target if price closes above it. This is also in line with the trendline where price could potentially pull back towards before a reversal.
USDCAD is trending below 1st resistance and may go test downside confirmation where the 127% fib retracement is. Price could reverse there towards 1st support where the 161.8% fib retracement is. EMA and trendline are also showing signs of resistance.
Price is facing bullish pressure from our intermediate support where we remain bullish above this level. Ichiomku cloud is showing signs of bullish pressure as well.
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Price is facing bullish pressure from our first support, in line with our horizontal pullback support, 23.6% Fibonacci retracement and 61.8% Fibonacci extension where we could see further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so...
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
USDCAD is trending below 1st resistance and may go up towards 1st resistance where the 23.6% fib and 38.2% fib retracement are. Price could reverse there towards 1st support where the horizontal swing low and 88% fib retracement are.EMA is also showing signs of support.
Price is approaching our first support, in line with our horizontal pullback support, 50% fibonacci retracement and 100% fibonacci extension where we could see further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
Price is facing bearish pressure from our first resistance in line with our 50% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial...
UKOIL reversed off its resistance at 40 .36 where it could potentially drop further to 39.33.
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 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure as well, in line with our bearish bias.
Price is approaching our first resistance, in line with our horizontal swing high resistance, 76.4% fibonacci retracement, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure in line with our bearish bias.
USDCAD is squeezed in a descending triangle and may go up towards 1st resistance where the 61.8% fib extension and 50% fib retracement are. Price could reverse there towards 1st support where the horizontal swing low and 88% fib retracement are.EMA is also showing signs of support.
UKOIL reversed off its resistance at 41.32 where it could potentially drop further to 39.33.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
