USDCAD is testing the downside confirmation at 1.3163 where the horizontal swing low is. If price closes below this level, it could indicate further downside to come. MACD is also indicating more bearishness to come.
UKOIL bounced off 39.70 where it could potentially rise further to 40.58
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Gold is facing bullish pressure from our intermediate support at 1938.79 where we could see a bounce above this level to our resistance at 1990.64.
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Losses can exceed the initial investment so please ensure you fully understand the risks
Copper broke its descending resistance trend line and is facing bullish pressure from our Ichimoku cloud and EMA where a break above our upside resistance could see a push up to our first resistance target at 3.09717
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Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement and horizontal swing high where we could see a drop to our support level where the 61.8% fib retracement and horizontal overlap support are. Stochastics is also showing that more bearishness is possible.
Gold is facing bullish pressure from our intermediate support at 1938.79 where we could see a bounce above this level to our resistance at 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is approaching our resistance at 3.00544 where it could potentially drop further to 2.88732.
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 40.16 where it could potentially drop further to 39.34
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 the first support level, in line with the 61.8% fib retracement where we could see a bounce to our resistance level at 1.3194. Stochastics also shows that price is reaching support.
Gold bounced off our support at 1913.41 and is currently testing our intermediate support at 1941.95 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper reversed off its resistance at 3.03006 where it could potentially drop further to 2.97316.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
UKOIL bounced off 40.45 where it could potentially rise further to 41.18
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
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.
Price is facing bearish pressure from the first resistance level, in line with the 127% fib extension where we could see a drop to our support level where 78.6% fib retracement is. Stochastics also shows that price is reaching resistance.
Gold is approaching 1913.41 where it could potentially rise further to 1990.64.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper reversed off its resistance at 3.01222 where it could potentially drop further to 2.93563. A break below our downside confirmation level could provide the bearish acceleration to our first support target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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.
Price is facing bearish pressure from the first resistance level, in line with 78.6% fib retracement where we could see a drop to our support level where 50% fib retracement is. Take caution that the EMA is also showing price could go a bit higher before the reversal.
