Market analysis from Tradu
Bitcoin (BTC/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 116,242.45 which is a multi-swing-low support that aligns with a confluence of Fibonacci levels i.e. the 38.2% retracement and the 100% projection. Stop loss is at 113,300.00 which is a level that lies underneath a support...
Based on the H1chart, the price is approaching our sell entry level at 3383.87, a pullback resistance. Our take profit is set at 3360.61, a pullback support that aligns with the 61.8% Fib retracement. The stop loss is set at 3402.30, a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
The Nikkei 225 (JPN225) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 40,670.02 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 39,100.00 which is a level that lies underneath an overlap support and the 23.6% and 50% Fibonacci retracements. Take...
The DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 24,643.74 which is a swing-high resistance that aligns with the 127.2% Fibonacci extension. Stop loss is at 24,867.52 which is a level that aligns with the 161.8% Fibonacci extension. Take profit is at 24,308.60 which is a...
Ethereum (ETH/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 3,470.65 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 2,980.00 which is a level that lies underneath a pullback support and the 50% Fibonacci retracement. Take profit is at...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6032 which is a pullback support. Stop loss is at 0.5985 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement. Take profit is at 0.6078 which is a pullback resistance that aligns closely...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.7957 which is a pullback resistance that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 0.815 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 0.7896...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3602, which is a swing resistance. Our take profit will be at 1.353, an overlap support level. The stop loss will be placed at 1.3647, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1787, which is a pullback resistance aligning close to the 161.8% Fibo extension. Our take profit will be at 1.1750, a pullback support level. The stop loss will be placed at 1.1829, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the H1 chart analysis, the price is approaching our buy entry level at 1.3574, a pullback support. Our take profit is set at 1.3616, a pullback resistance. The stop loss is placed at 1.3541, below swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Based on the H1 chart analysis, we can see that the price is testing our sell entry at 1.3551, which is an overlap resistance that closes with the 161.8% Fib extension. Our take profit will be at 1.3499, a pullback support level. The stop loss will be placed at 1.3584, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Based on the M30 chart analysis, we can see that the price is testing our sell entry at 1.1736, which is an overlap resistance. Our take profit will be at 1.1712 a pullback support level. The stop loss will be placed at 1.1768, which is above a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Based on the M30 chart analysis, the price is falling toward our buy entry level at 3400.90, a pullback support that aligns closely with the 61.8% Fib retracement. Our take profit is set at 3426.47, an overlap resistance. The stop loss is placed at 3377.40, a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Bitcoin (BTC/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 116,242.45 which is a multi-swing-low support. Stop loss is at 111,600.00 which is a level that lies underneath a pullback support. Take profit is at 122,734.70 which is a swing-high resistance. High Risk Investment...
The Nasdaq-100 (NAS100) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 22,818.27 which is a swing-low support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 22,590.00 which is a level that lies underneath a multi-swing-low support. Take profit is at 23,274.42 which is a...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 38.37 which is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss is at 37.40 which is a level that lies underneath a multi-swing-low support. Take profit is at 40.12 which is a resistance that aligns with...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3617 which is a pullback resistance. Stop loss is at 1.3655 which is a level that sits above the 23.6% Fibonacci retracement and a pullback resistance. Take profit is at 1.3560 which is a swing-low support. High Risk Investment...
The Russell 2000 (US2000) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 2,200.54 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 2,165.00 which is a level that lies underneath an overlap support and the 50% Fibonacci retracement. Take...