NZD/JPY has broken below a potential breakout level and could drop lower from here. Sell entry is at 91.126 which is a potential breakout level (wait for the current 1-hour candle to close below 91.126 for confirmation of the bearish breakout). Stop loss is at 91.450 which is a level that sits above a pullback resistance. Take profit is at 90.605 which is a...
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AUDNZD is trading at the sell entry, the overlap resistance. It could reverse and fall to the take profit level. Sell entry will be at 1.06955, the overlap resistance. Our take profit will be at 1.06472, the swing-low support that aligns with 38.2% Fibo retracement. The stop loss will be placed at 1.07337, the overlap resistance. High Risk Investment...
EURGBP is rising to the sell entry and from there, it could pullback and fall to the take profit level. Sell entry will be at 0.85620, the overlap resistance. Our take profit will be at 0.85046, the swing-low support. The stop loss will be placed at 0.86040, the swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
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 a general review of the financial markets.
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
CAD/JPY is is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 110.795 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 111.280 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 0.88700 which is a level that sits a pullback resistance. Take profit is at 0.87972 which is an overlap support that aligns...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 77.912 which is an overlap support. Stop loss is at 77.000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 79.523 which is a pullback resistance. High Risk Investment...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61212 which is an overlap resistance. Stop loss is at 0.61600 which is a level that sits above an overlap resistance and the 50.0% Fibonacci retracement. Take profit is at 0.60819 which is a pullback support. High Risk...
News commentary and technical analysis, everyday Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
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Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
CAD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.747 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 110.15 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
Gold (XAU/USD) is rising towards a potential breakout level and could break through this level to climb higher. Buy entry is at 2,037.79 which is a potential breakout level. Stop loss is at 2,022.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 2,056.05 which is a multi-swing-high...