USDCAD is going up to retest our 1st resistance and might reverse further from there towards 1st support where the horizontal pullback support is. Both EMA(89) is also showing signs of bearishness.
UKOIL reversed off its resistance at 40 .54 where it could potentially drop further to 39.94.
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USDCAD is going up to retest our 1st resistance and might reverse further from there towards 1st support where the horizontal pullback support is. Both MACD and EMA show signs of bearishness.
Price is facing bullish pressure from our first support, in line with our 38.2% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level. Both the Ichimoku cloud and 20 period EMA are showing signs of bullish pressure .
Price is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement and 76.4% fib retracement, where we could see a reversal below this level. Take note that our 20 period EMA and Ichimoku cloud are showing signs of bullish pressure as well.
UKOIL bounced off 42.08 where it could potentially rise further to 43.11
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 61.8% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bullish pressure from our first support, in line with our 23.6% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level.Take note that the Ichiomku cloud and 20 period EMA are showing signs of bearish pressure .
USDCAD is going up to retest our upside confirmation and might bounce further from there towards 1st resistance where the horizontal swing high is. Both MACD and EMA show signs of bullishness.
UKOIL reversed off its resistance at 40 .88 where it could potentially drop further to 40 . 40 .
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 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
USDCAD is going up to retest our 1st resistance and might reverse from there towards 1st support where the 78.6% fib extension is. Take caution that EMA is also showing that price is still on support.
Price is facing bullish pressure from our first support, in line with our 23.6% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level.Take note that the Ichiomku cloud and 20 period EMA are showing signs of bearish pressure .
UKOIL bounced off 42. 40 where it could potentially rise further to 43.28
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 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our first resistance, in line with our 100% fibonacci extension, 23.6% fibonacci retracement and horizontal pullback resistance where we could see a further drop below this level. Ichiomku cloud and 20 period EMA are showing signs of bearish pressure as well.
USDCAD dropped nicely from our 1st resistance and might go below the downside confirmation where the 38.2% fib retracement is. Price could drop further from downside confirmation towards 1st support if it manages to close below downside confirmation. EMA is also showing that more bearishness is likely to come.
UKOIL reversed off its resistance at 41.81 where it could potentially drop further to 41.50.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
