UKOIL reversed off its resistance at 42.70 where it could potentially drop further to 42.18.
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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.
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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.
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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 23.6% fibonacci retracement, 78.6% 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...
USDCAD is going up to test our 1st support and might bounce from there towards 1st resistance where the 76.4% fib retracement and trendline is. Stochastics is also showing signs of bullishenss.
Price is facing bearish pressure from our intermediate resistance, in line with our horizontal pullback resistance where we could see a further drop below this level. Stochastic is facing bearish pressure from our resistance as well.
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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 78.6% fibonacci extension and horizontal swing high resistance, where we could see a reversal below this level, towards 1st support at 2.96299. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please...
UKOIL bounced off 41.84 where it could potentially rise further to 42.82
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is going up to test our upside confirmation and might bounce from there towards 1st resistance where the 76.4% fib retracement is. EMA(34) is also showing signs of bullishness.
We caught the reversal nicely from our first resistance previously. Price is facing bearish pressure from our intermediate resistance, in line with our horizontal pullback resistance where we could see a further drop below this level. Stochastic is facing bearish pressure from our resistance as well.
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Losses can exceed...
Price is approaching our first resistance, in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a reversal below this level, towards 1st support at 2.85637. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
UKOIL bounced off 41.67 where it could potentially rise further to 42.76
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is going up to test our 1st resistance and might reverse further from there towards 1st support where the key fib retracement level 61.8% fib retracement is. EMA(34) is also showing signs of bearishness.
Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci retracement and 127.2% fibonacci extension, where we could see a further downside from here towards 1st support at 2.92429. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure...
Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, descending trend line, 50% fibonacci retracement and 100% fibonacci extension, where we could see a further drop below this level. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial...
