Our sales recommendation is based on several things. The Brent is below the average line and as you can see in recent months it has not really been able to rise above it. Stochastic is Overbought (over 80 points). The Ichimoku cloud is still red which means we are still in the midst of a downward trend. Most importantly in the daily graph, a red star appeared in...
USDBRO bounced off 60.70 where it could potentially rise further to 64.80. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
If oil wont find support at $42, then it has chances to drop another $15-$20
USDBRO bounced off 62.30 where it could potentially rise further to 64.80. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited...
USDBRO bounced off 62.20 where it could potentially rise further to 64.80. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
In this video update, we take a look at Brent Crude Oil as the price looks likely to begin a new phase on the monthly timeframe. The monthly candlestick high has already been taken out suggesting we could see some further upside to come. Technically we would want to see the daily candles close above the recent daily highs for the market to then use as support...
Hi traders, BRENT has broken a trendline and properly retested the breakout. It is highly to proceed downwards.
USDBRO reversed off its resistance at 59.71 where it could potentially drop further to 58.50. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
USDBRO bounced off 58.95 where it could potentially rise further to 61.40. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
USDBRO bounced off 58.95 where it could potentially rise further to 61.40. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
The support and resistance levels are pivot bands and adaptive. Updates will be made about the idea. You can use supports for profit realization and resistances for stoploss according to your leverage and risk .
The USD weakness will help oil find higher prices ,USD Index for confirmation. Keep Crude on our list, as we may see good opportunities for a decent swing to the upside
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
BCOUSD, Sell on H1. H1: - Downtrend forming - Tendency: Downward - Below resistance and 2 EMA -> Waiting re-test resistance --> Give signal candle ==> Sell ( Continuous downtrend - Minor downtrend) Plan: - Sell: 59.5 - TP: 57.5