Market analysis from Vantage
EUR/USD is falling towards a pullback support and could potentially bounce off this level and rise to our take profit. Entry: 1.07998 Why we like it: There is an overlap support level Stop loss: 1.07621 Why we like it: There is a pullback support which aligns with the 78.6% Fibonacci projection Take Profit: 1.08573 Why we like it: There is a swing high...
Ethereum (ETH/USD) is rising towards a potential breakout level and could make a bullish continuation towards our take-profit target. Entry: 3,653.08 Why we like it: There is a potential breakout level ( wait for 1-hour candle to close above 3,653.08 for breakout confirmation ) Stop Loss: 3,412.92 Why we like it: There is an overlap support that sits under the...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 190.501 Why we like it: There is a pullback support level Stop Loss: 189.595 Why we like it: There is an ovelap support that sits below the 61.8% Fibonacci retracement level Take Profit: 191.892 Why we like it: There is a...
USD/CAD could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 1.35552 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 1.35193 Why we like it: There is a pullback support that sits below the 61.8% Fibonacci retracement level Take...
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 0.59932 Why we like it: There is a potential breakout level ( wait for the 1-hour candle to close below 0.59932 for a breakout confirmation ) Stop Loss: 0.60304 Why we like it: There is an overlap resistance that aligns with the 38.2%...
The Nasdaq (NAS100) could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target. Entry: 18,253.60 Why we like it: There is an overlap support level Stop Loss: 17,994.80 Why we like it: There is a pullback support that sits below the 61.8% Fibonacci retracement level Take Profit: 18,605.45 Why we like...
Gold (XAU/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 2,195.20 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 2,222.93 Why we like it: There is a swing-high resistance at the all-time high Take Profit:...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.65529 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 0.65747 Why we like it: There is a pullback resistance that sits above the 50.0%...
The Pound (GBP/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.26729 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.27328 Why we like it: There is a pullback resistance that sits above the 61.8%...
Bitcoin (BTC/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 68,500.04 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 73,817.92 Why we like it: There is a swing-high resistance level Take Profit: 60,545.45 Why...
WTI oil (USOUSD) could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement...
USD/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 150.617 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 149.827 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Take...
The Euro (EUR/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 1.08650 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 1.09115 Why we like it: There is a pullback resistance that aligns with the 78.6% Fibonacci...
The Euro (EUR/USD) could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 1.08420 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 1.07922 Why we like it: There is a pullback support that sits below the 61.8% Fibonacci retracement...
WTI oil (USOUSD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
Bitcoin (BTC/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 68,500.04 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 73,817.92 Why we like it: There is a swing-high resistance level Take Profit: 60,545.45 Why...
GBP/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 191.274 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 190.056 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement ...
USD/CHF is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 0.88518 Why we like it: There is a potential breakout level ( wait for the 1-hour candle to close below 0.88518 for a breakout confirmation ) Stop Loss: 0.89374 Why we like it: There is a resistance level that aligns with the 127.2% Fibonacci...