Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 149.49, which is an overlap resistance. Our take profit will be at 148.31, an overlap support level. The stop loss will be placed at 150.56, a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2148.75, which is a pullback resistance. Our take profit will be at 21405, an overlap support level that aligns with the 161.8% Fibo extension The stop loss will be placed at 2159, which is a pullback resistance level. High Risk Investment Warning Trading...
Based on the M15 chart analysis, we can see that the price has just reacted off our sell entry at 0.8883, which is a multi-swing high resistance. Our take profit will be at 0.8843, an overlap support level. The stop loss will be placed at 0.8908, which is above a swing-high resistance level. Please note that there is a bearish divergence vs. RSI High Risk...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.6532, which is a pullback support. Our take profit will be at 0.6575, an overlap resistance. The stop loss will be placed at 0.6490, which is a multi-swin low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0904, which is a pullback resistance. Our take profit will be at 1.0870, an overlap support level. The stop loss will be placed at 1.0938, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
WTI oil (USOIL) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 80.206 which is an overlap support. Stop loss is at 76.500 which is a level that lies underneath a pullback support. Take profit is at 83.301 which is an overlap resistance that aligns close to the 161.8% Fibonacci extension level. High...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60745 which is a pullback support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 0.60280 which is a level that lies underneath a multi-swing-low support. Take profit is at 0.61364 which is an...
The Aussie (AUD/USD) could rise towards a potential breakout level and climb higher from here should we see a hawkish monetary policy statement at 3:30 am GMT as well as a hawkish press conference by RBA Governor Michele Bullock at 4:30 am GMT. Buy entry is at 0.65826 which is a potential breakout level. Stop loss is at 0.65220 which is a level that lies...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2744, which is an overlap resistance that is close to the 50% Fibo retracement. Our take profit will be at 1.2706, an overlap support level. The stop loss will be placed at 1.2788, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on...
EUR/JPY could fall towards a potential breakout level and drop lower from here should we see the BoJ finally raises interest rates today (19th March). Sell entry is at 161.877 which is a potential breakout level. Stop loss is at 162.800 which is a level that sits above an overlap resistance. Take profit is at 160.380 which is a pullback support that aligns...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 190.30, which is a pullback resistance that is close to 78.6% Fibo retracement. Our take profit will be at 189.34, a pullback support level. The stop loss will be placed at 191.32, a swing-high resistance level High Risk Investment Warning Trading Forex/CFDs on...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0883, which is a pullback resistance that is close to 38.2% Fibo retracement. Our take profit will be at 1.0863, a pullback support level. The stop loss will be placed at 1.0911, above a recent swing-high resistance level High Risk Investment Warning Trading...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 97.325 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 96.750 which is a level that lies underneath a swing-low support. Take profit is at 98.129 which is a pullback resistance that aligns...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.34378 which is a pullback support. Stop loss is at 1.34000 which is a level that lies underneath a pullback support. Take profit is at 1.35053 which is a pullback resistance that lies beneath the 50.0% Fibonacci retracement level. High...
CAD/JPY is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 109.764 which is a potential breakout level (wait for the 1-hour candle to close above 109.764 for confirmation). Stop loss is at 109.000 which is a level that lies underneath a pullback support. Take profit is at 110.564 which is a pullback...
📊 Let's dive deeper into the analysis of the EURCAD forex pair for future trading. 🚀 In the four-hour timeframe, this currency pair has convincingly broken out of an accumulation zone and formed a strong parabolic uptrend, reaching the daily resistance level. 💰 Following a corrective phase in this uptrend and the establishment of a new market structure, we can...
Based on the M15 chart analysis, we can see that the price is rising toward our sell entry at2167, which is a pullback resistance aligning with a 5-50% FIbo retracement. Our take profit will be at 2149, an overlap support level. The stop loss will be placed at 2184, above the swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8857, which is a multi-high resistance aligning with a 78.6% FIbo retracement. Our take profit will be at 0.8814, a pullback support level. The stop loss will be placed at 0.8892, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...