The Euro (EUR/USD) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 1.0882 which is a pullback support.
Stop loss is at 1.0849 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 1.0922 which is a pullback resistance.
High Risk...
The commodity staged a four-week relief rally recently and the longest profitable streak of the year, helped by OPEC+ supply curbs extension and summer travel demand. At the same time, soft US inflation and dovish Fed commentary have boosted market pricing for multiple cuts, which can provide another tailwind. Above the EMA200 bulls have the ability to set higher...
Gold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,415.28 which is a pullback resistance that aligns close to the 161.80% Fibonacci extension level.
Stop loss is at 2,430.00 which is a level that lies above the all-time high.
Take profit is at 2,391.08 which is an overlap support...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 83.62 which is a pullback resistance that aligns with a 78.6% Fibonacci retracement level.
Stop loss is at 84.80 which is a level that lies above a pullback resistance.
Take profit is at 80.94 which is a pullback 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 0.6105 which is a multi-swing-high resistance.
Stop loss is at 0.6145 which is a level that lies above a pullback resistance and the 78.6% Fibonacci retracement level.
Take profit is at 0.6054 which is a swing-low support.
...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.8932 which is a pullback support.
Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 0.8995 which is a pullback resistance that aligns close to the...
Last week’s soft CPI report showed that China has not escaped deflationary pressures and today’s data reaffirmed the weak consumer demand environment, as retail sales rose just 2% y/y in June and the worst print since late-2022. Adding to the woes, the economy grew by 4.7% y/y in Q2 and the slowest pace in more than a year.
HKG33 slips after the new disappointing...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6757 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6723 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit...
DAX (GER30) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 18,636.87 which is a multi-swing-high resistance.
Stop loss is at 18,800.00 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance.
Take profit is at 18,440.29 which is a pullback...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8972 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 0.9010 which is a level that sits above a pullback resistance.
Take profit is at 0.8917 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 160.26, which is a pullback resistance aligning with a 61.8% FIbo retracement.
Our take profit will be at 158.25, an overlap support level.
The stop loss will be placed at 161.84, a multi-swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2392.46, which is a pullback support that closes to the 38.2% Fibo retracement.
Our take profit will be at 2415.22, which is a swing high resistance level.
The stop loss will be placed at 2367.47, which is a pullback support level
High Risk Investment Warning
Trading...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2852, which is a pullback support that closes to the 61.8% Fibo retracement.
Our take profit will be at 1.2930, which is a swing-high resistance level.
The stop loss will be placed at 1.2777, which is an overlap support level
High Risk Investment Warning
Trading...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0843, which is a pullback support.
Our take profit will be at 1.0895, which is a multi-swing high resistance level close to 61.8% Fibo projection
The stop loss will be placed at 1.0796, which is a pullback support level
High Risk Investment Warning
Trading Forex/CFDs...
Gold (XAU/USD) could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 2,370.09 which is an overlap support that sits above the 50.0% Fibonacci retracement level.
Stop loss is at 2,360.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at...
CAD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 118.34 which is an overlap support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 118.07 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 118.84...
Following a sharp pullback from May’s record peak, Copper made a strong start to the third quarter, returning above the EMA200 (black line) and regaining the initiative. It tries to take out the 38.2% Fibonacci of that decline that will allow it to push towards 5.000-5.041 handle and eventually challenge the all-time highs (5.200). The fundamentals remain...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6106, which is a pullback resistance and a 50% Fibonacci retracement.
Our take profit will be at 0.6059, a swing-low support level.
The stop loss will be at 0.6155, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a...
