News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join professional trader, Ketan, as he looks at some of the key technical and fundamental setups today.
Join FXCM senior market specialist Russell Shor for the morning market review.
EURGBP is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85688 which is a swing-high resistance. Stop loss is at 0.85838 which is a level that sits above a pullback resistance. Take profit is at 0.85326 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin...
GBPJPY is rising towards a pullback resistance and could potentially break above this level and climb higher. Buy entry is at 189.223 which is a pullback resistance. Stop loss is at 188.091 which is a level that sits above a swing-low support that aligns with 50% Fibonacci retracement. Take profit is at 191.135 which is a swing-high resistance High Risk...
Silver (XAG/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 25.413 which is a swing-high resistance. Stop loss is at 26.400 which is a level that sits above the 161.8% Fibonacci extension level and a multi-swing-high resistance. Take profit is at 24.119 which is a pullback support. ...
AUD/JPY has reversed off a pullback resistance and could potentially drop lower from here. Sell entry is at market (97.359). Stop loss is at 97.850 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 96.896 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. ...
Join FXCM senior market specialist Russell Shor for the morning market review.
EURAUD is pulling back from the overlap resistance, price could fall and break below the sell entry. Sell entry is at 1.64595 which is a potential breakout level. Stop loss is at 1.65607 which is a level that lies underneath an overlap resistance and the 38.2% Fibonacci retracement level. Take profit is at 1.63558 which is a swing-low support. High Risk...
CAD/CHF is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 0.65371 which is a potential breakout level. Stop loss is at 0.64470 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 0.66733 which is a pullback resistance. High Risk...
EUR/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.76798 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.76110 which is a level that lies underneath a pullback support. Take profit is at 1.77781 which is a level that aligns with the...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.66440 which is a pullback resistance. Stop loss is at 0.66830 which is a level that sits above the 50.0% Fibonacci retracement level and the swing-high resistance. Take profit is at 0.65578 which is an overlap support that...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join FXCM senior market specialist Russell Shor for the morning market review.
NZDJPY is rising towards a pullback resistance, price could breakout and rise to take profit level. Buy entry is at 90.972 which is a pullback resistance that aligns closely with the 23.6% Fibonacci retracement. Stop loss is at 90.502 which is a level that lies underneath an overlap support. Take profit is at 91.842 which is a pullback resistance which also...
EURJPY is rising towards an overlap resistance, a breakout could lead the price to rise to take profit level. Buy entry is at 161.867 which is an overlap resistance. Stop loss is at 160.294 which is a level that lies underneath a pullback support which also aligns with 61.8% fibonacci retracement. Take profit is at 163.574 which is a swing-high...
WTI oil (USOIL) has just bounced off a pullback support and could potentially climb higher from here. Buy entry is at 77.293 which is a pullback support. Stop loss is at 75.600 which is a level that lies underneath a pullback support. Take profit is at 79.914 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Join FXCM senior market specialist Russell Shor for the morning market review.