Market analysis from Tradu
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 59.51 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Stop loss is at 61.95 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at 53.41 which...
Gold (XAU/USD) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 3,018.83 which is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 2,995.00 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 3,076.22 which...
Based on the D1 chart analysis, the price is approaching our buy entry level at 36,516.88, a pullback support. Our take profit is set at 40,052.43, a pullback resistance. The stop loss is placed at 34,049.36, an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Based on the H4 chart, the price is approaching our sell entry level at 0.8508, a pullback resistance. Our take profit is set at 0.8386, which aligns with the 127.2% Fibo extension The stop loss is set at 0.8626, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all...
Based on the H1 chart analysis, the price is falling toward our buy entry level at 1.2790, a pullback support. Our take profit is set at 1.2924, an overlap resistance. The stop loss is placed at 1.2707, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage...
Based on the H1 chart analysis, the price could fall toward our buy entry level at 1.0976, a pullback support. Our take profit is set at 1.1076, an overlap resistance. The stop loss is placed at 1.0879, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....