UKOIL reversed off its resistance at 63.50 where it could potentially drop further to 62.36.
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Losses can exceed the initial investment so please ensure you fully
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Copper prices are testing our first support in line with our 50% fibonacci retracement and 78.6% fibonacci extension where we could see a bounce above this level. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bullish pressure from our first support which also coincides with our 23.6% fibonacci retracement, horizontal pullback support. A break above our upside confirmation would provide the bullish acceleration to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Neutral Outlook for UKOIL as technical indicators are mixed.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Prices are facing bullish pressure from our first support which also coincides with our 23.6% fibonacci retracement, 100%, 161.8% fibonacci extension, where we could see a further upside above this level to our first resistance target. A break above our upside confirmation would provide the bullish acceleration to our first resistance target. Ichimoku cloud is...
Copper prices are testing our first support in line with our 50% fibonacci retracement and 78.6% fibonacci extension where we could see a bounce above this level. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
UKOIL reversed off its resistance at 63.13 where it could potentially drop further to 62.22
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Prices are facing bullish pressure from horizontal pullback support, in line with -27.2% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st resistance which is in line with 127.2% Fibonacci retracement and 61.8% Fibonacci extension. If prices push down, it might possibly take support on horizontal swing low support in line with...
UKOIL bounced off 62.42 where it could potentially rise further to 64.16
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper prices are testing our first support in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bullish pressure from our first support which also coincides with our 23.6% fibonacci retracement and 161.8% fibonacci extension, where we could see a further upside above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices have broken the descending trendline resistance and are facing bullish pressure from 50% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards 1st resistance which is a swing high resistance, in line with 161.8% Fibonacci retracement and 50% Fibonacci extension. If prices push lower, prices might take support from horizontal swing...
Copper prices are facing bullish pressure from our first support in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
UKOIL reversed off its resistance at 63.14 where it could potentially drop further to 61.29.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Prices are facing bullish pressure from our first support which also coincides with our 23.6% fibonacci retracement and 127.2% fibonacci extension, where we could see a further upside above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Prices are facing bearish pressure from 1st resistance which is in line with 50% Fibonacci extension and horizontal swing high resistance. Prices might push down more towards 1st support which is in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement. If prices push higher, prices might face resistance from 2nd resistance which is in line with...
Prices are facing bullish pressure from our first support which also coincides with our 38.2%, 78.6% fibonacci retracement where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are facing bearish pressure from our first resistance in line with our horizontal swing high resistance, 61.8% fibonacci retracement and 100% fibonacci extension where we could see a reversal below this level. Stochastic is approaching resistance as well, in line with our bearish bias.
