GBPAUD is falling towards overlap support and could potentially reverse off this level to drop lower. Sell entry is at 1.91997 which is an overlap support that aligns with 23.6% Fibonacci retracement. Stop loss is at 1.94217 which is a swing-high resistance. Take profit is at 1.89758 which is overlap support that aligns with 50% Fibonacci retracement. High...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 72.976 which is a pullback resistance. Stop loss is at 74.650 which is a level that aligns the 38.2% Fibonacci retracement level and sits above a pullback resistance. Take profit is at 70.729 which is a swing-low support. High...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.60730 which is a pullback resistance. Stop loss is at 0.60940 which is a level that sits above a pullback resistance. Take profit is at 0.60350 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs...
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EURJPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85595 which is an overlap resistance that aligns with 23.6% Fibonacci retracement. Stop loss is at 0.85879 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Take profit is at 0.85174 which is a...
EURJPY is rising towards an overlap resistance and could potentially rise higher to our take profit level. Buy entry is at 160.276 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement level. Stop loss is at 158.510 which is a level that sits below a multi-swing low support. Take profit is at 161.761 which is a swing-high...
USD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 147.093 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 148.080 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 186.901 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 187.750 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
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CADJPY is on a downtrend and falling to our buy entry level, it might breakout and drop further to the take profit level. Sell entry is at 109.033 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 110.188 which is a level that sits above the multi-swing-high resistance. Take profit is at 108.008 which is...
AUDCAD is rising towards pullback resistance and could potentially break off this level and rise higher. Buy entry is at 0.88127 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.87586 which is a level that sits above the swing-low support. Take profit is at 0.88976 which is an overlap resistance...
EUR/NZD could fall towards a pullback support and potentially break through this level to drop lower. Sell entry is at 1.76656 which is a potential breakout level. Stop loss is at 1.77160 which is a level that sits above a pullback resistance. Take profit is at 1.75985 which is a swing-low support that aligns close to the 61.8% Fibonacci projection level. ...
The Nasdaq-100 (NAS100) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 17,336.83 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 17,550.00 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback...
News commentary and technical analysis, every Tuesday & Thursday 10 minutes before Wall Street opens, by FXCM’s Senior Financial Editorial Writer Nikos Tzabouras
Join 12x prop trader, Peggy, as she trades the market live and identifies potential setups.
Join FXCM senior market specialist Russell Shor for a general review of the financial markets.
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 169.819 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% retracement and the 100.0% projection. Stop loss is at 168.700 which is a level that sits under a swing-low support. Take profit is at...