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.
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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.
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UKOIL reversed off its resistance at 40 .36 where it could potentially drop further to 39.33.
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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.
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USDCAD is testing our upside confirmation where the horizontal overlap resistance and 61.8% fib retracement are. Price could bounce further from there towards 1st resistance where the horizontal swing high and 78.6% fib extension are.EMA is also showing signs of support.
Price is approaching our first resistance, in line with our horizontal swing high resistance, 61.8% fibonacci retracement and 100% fibonacci extension, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the...
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. Ichimoku cloud 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...
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 testing our support where the 100% fib extension and 61.8% fib retracement are. Price could bounce further from there towards 1st resistance where the horizontal swing high is. Ichimoku is also showing signs of support.
UKOIL reversed off its resistance at 39.33 where it could potentially drop further to 37.16
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 resistance, in line with our horizontal swing high resistance, 61.8% fibonacci retracement and 100% fibonacci extension, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the...
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. Ichimoku cloud 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...
USDCAD is consolidating at our intermediate support where the horizontal overlap support is. Price could bounce further from there towards 1st resistance where the horizontal swing high and 78% fib extension is. EMA is also showing signs of support.
UKOIL reversed off its resistance at 36.85 where it could potentially drop further to 35.72.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
