USOIL could rise towards an overlap resistance that sits above the 50.0% Fibonacci retracement level. Price could hit the sell entry at 74.034 and potentially reverse to drop lower. Take profit is at 69.436 which is an overlap support. Stop loss is at 76.944 which is an overlap resistance.
Any opinions, news, research, analyses, prices, other information, or...
Based on the H1 chart analysis, we can see that price is pushing up to our sell entry at 1954, an overlap resistance that aligns with a 61.8% Fibo retracement. Our take profit will be at 1939, a multi-swing low support level. Stop loss will be at 1981 which is a multi-swing low support level.
Additionally, the price is below the descending trend, suggesting that...
We're looking at GBPAUD on the H4 timeframe today - and we can see that it has already bounced quite nicely off a major overlap support.
Now the key thing here is the 23.6% Fibonacci retracement. If price is able to break beyond that level, we could see a further acceleration up towards the 1.8805 level which is the 38% Fibonacci retracement and a bit of an...
Based on the H4 chart analysis, we can see that price is approaching our sell entry at 0.9915 which is an overlap resistance. Stop loss will be at 0.9198 which is a pullback resistance level. Our take profit will be at 0.9041 which is a multi-swing low support level
Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Based on the H4 chart analysis, we can see that price is currently at our buy entry at 1.3386 which aligns with a 78.6% Fibonacci retracement. Our take profit will be at 1.3446 which is an overlap resistance level. Stop loss will be at 1.3306 which is a swing low support level.
Any opinions, news, research, analyses, prices, other information, or links to...
Based on the H4 chart analysis, we can see that price is rallying to our sell entry at 0.6114 which is an verlap resistance that aligns with a 38.2% Fibonacci retracement. Our take profit will be at 0.6045 which is an overlap support level. Stop loss will be at 0.6188 which is a pullback resistance level
Any opinions, news, research, analyses, prices, other...
Gold could fall towards an overlap support. Price could hit the buy entry at 1952.46 and potentially reverse to bounce higher. Take profit is at 1981.42 which is an overlap resistance. Stop loss is at 1937.28 which is an overlap support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are...
USDCHF could fall towards an overlap support that aligns with the 38.2% Fibonacci retracement level. Price could hit the buy entry at 0.90291 and potentially reverse to bounce higher. Take profit is at 0.91391 which is an overlap resistance. Stop loss is at 0.89868 which is an overlap support that aligns with the 50.0% Fibonacci retracement level.
Any opinions,...
Today we're looking at BTCUSD on the D1 timeframe. We can see that there's a nice bit of bullish momentum with the ascending support, Ichimoku cloud and an overlap support. Along with that, there's a nice 50%Fiboancci retracement too.
A bounce from here could see prices head up to the recent swing high resistance of 30700.
Any opinions, news, research, analyses,...
We're looking at NZDUSD on the D1 timeframe today. There's a fair bit of resistance at the 0.6080 area where we're seeing an overlap resistance, 23.6% Fibonacci retracement and a 100% Fibonacci projection.
It's worth noting that we're also seeing a long term bearish trend line suggesting that there's good bearish momentum pushing prices lower.
A reversal from...
Today we look at USDCHF on the D1 timeframe. There's a fair bit of resistance at the 0.9100 level where there's an overlap resistance, 23.6% Fibonacci retracement and a 50% Fibonacci retracement. The bearish momentum from the Ichimoku cloud could also nudge prices lower.
A reversal from here could see prices drop to the major support level of 0.8871.
Any...
EURAUD is falling towards an overlap support. Price could hit the buy entry at 1.60358 and potentially reverse to bounce higher. Take profit is at 1.62111 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.59537 which is an overlap support that sits below the -27.2% Fibonacci expansion level.
Any opinions,...
USDJPY is falling towards an overlap support. Price could hit the buy entry at 138.723 and potentially reverse to bounce higher. Take profit is at 140.230 which is an overlap resistance. Stop loss is at 137.715 which is an overlap support that sits below the 38.2% Fibonacci retracement level.
Any opinions, news, research, analyses, prices, other information, or...
EURUSD is falling towards a recent swing-low support. Price could hit the buy entry at 1.06379 and potentially reverse to bounce higher. Take profit is at 1.07360 which is an overlap resistance. Stop loss is at 1.05371 which is an overlap support that sits just below the 1.618% Fibonacci projection level.
Any opinions, news, research, analyses, prices, other...
NZDUSD could head into an overlap resistance that sits just above the 38.2% Fibonacci retracement level. Price could hit the sell entry at 0.61159 and potentially reverse to drop lower. Take profit is at 0.59925 which is an overlap support at the recent swing-low. Stop loss is at 0.618573 which is an overlap resistance that sits just above the 61.8% Fibonacci...
Join FXCM Senior Market Specialist Nikos Tzabouras for a NAS100 analysis, after another blockbuster month, helped by the Artificial Intelligence (AI) boom and debt ceiling optimism, despite hawkish repricing around the Fed’s rate path
