The SPX500 hourly is still being influenced by overhead resistance. However, the longer term trend remains firmly up. Looking to see if support proves to be compelling to the shorter-term traders.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets...
The DAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 18,671.33 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 18,450.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit...
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.8533 which is a pullback support that aligns close to the 78.6% Fibonacci projection level.
Stop loss is at 0.8510 which is a level that lies underneath a pullback support.
Take profit is at 0.8577 which is a pullback resistance.
. High...
The Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6645 which is an overlap support.
Stop loss is at 0.6613 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 0.6712 which is a pullback resistance.
High Risk...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 77.67 which is a pullback support.
Stop loss is at 76.50 which is a level that lies underneath a pullback support.
Take profit is at 80.12 which is a pullback resistance that lies underneath the 50.0% Fibonacci retracement level.
...
The short-term hourly SPX500 has resistance around 5,320. However, the longer-term daily is still positive, implying short-term pullbacks may be dips in the broader uptrend.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”).
Stratos Markets Limited (www.fxcm.com):...
EUR/AUD has made a bullish reversal off a pullback support and could potentially climb higher from here.
Buy entry is at market (1.6240).
Stop loss is at 1.6200 which is a level that lies underneath a pullback support.
Take profit is at 1.6342 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 196.93 which is a pullback support.
Stop loss is at 194.90 which is a level that lies underneath a pullback support.
Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level.
High Risk Investment...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 31.34 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 30.35 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.3636 which is a pullback resistance.
Stop loss is at 1.3675 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.3561 which is a pullback support.
High Risk Investment...
The longer-term SPX 500 daily chart is sitting in a bullish channel with positive technical indications. The shorter-term hourly is heading towards positivity, however there need to be some developments to confirm.
This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). ...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.6342 which is a pullback resistance.
Stop loss is at 1.6405 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance.
Take profit is at 1.6229 which is a pullback support.
High Risk Investment...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at...
The DJIA (US30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 39,598.96 which is a pullback support.
Stop loss is at 39,250.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level.
Take profit is at 40,045.66 which is a pullback resistance at the...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6076 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 79.82 which is a pullback resistance.
Stop loss is at 81.06 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance.
Take profit is at 77.67 which is a pullback support.
High Risk...
The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6645 which is a pullback support that lies underneath the 23.6% Fibonacci retracement level.
Stop loss is at 0.6569 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take...
DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 18,737.91 which is a pullback support.
Stop loss is at 18,600.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 18,992.91 which is a level that aligns with the 127.2%...
