UKOIL reversed off its resistance at 42.92 where it could potentially drop further to 42.17. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line...
Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. A break below our downside confirmation level could see a further drop to our first support target. Stochastic is facing bearish pressure from...
UKOIL reversed off its resistance at 43.54 where it could potentially drop further to 42.66 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line...
We caught the reversal nicely from our first resistance and remain bearish below our first resistance, in line with our horizontal pullback resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. Stochastic is facing bearish pressure from our resistance as well. Trading CFDs on margin carries...
USDCAD is currently bouncing from its 1st support where the 127% Fibonacci extension, and horizontal swing low are. Price could bounce further from the intermediate support at 1.31366 where the horizontal overlap support is and go further towards our 1st resistance. The EMA (34) are showing bullish pressure for price.
UKOIL bounced off 42.12 where it could potentially rise further to 42.66 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 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the...
We caught the reversal nicely from our first resistance and remain bearish below our first resistance, in line with our horizontal pullback resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. We do caution our intermediate support at 1896.63 and would need to see a break below this level to...
UKOIL reversed off its resistance at 41.87 where it could potentially drop further to 41.34. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD is currently testing our 1st resistance at 1.31626 and may potentially drop further towards our 1st support at 1.29942. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
USDCAD bounced off 1.31154 where it could potentially rise further to 1.31712 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
UKOIL reversed off its resistance at 42.70 where it could potentially drop further to 42.18. 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 horizontal pullback resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension , where we could see a further reversal below this level. Stochastic is facing bearish pressure from our resistance as well. Trading CFDs on margin carries high risk. Losses can exceed the initial...
Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias.
USDCAD is going up to test our 1st support and might bounce from there towards 1st resistance where the horizontal overlap resistance is. Stochastics is also showing signs of bullishness.
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.