Market analysis from Tradu
The S&P 500 (SPX500) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 6,299.72 which is a pullback support. Stop loss is at 6,195.00 which is a level that lies underneath a multi-swing-low support. Take profit is at 6,369.28 which is a resistance that aligns with the 161.8% Fibonacci...
Bitcoin (BTC/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 117,857.83 which is a swing-low support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 115,500.00 which is a level that lies underneath a swing-low support. Take profit is at 122,734.70 which is a swing-high...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 199.42 which is a pullback support. Stop loss is at 199.08 which is a level that lies underneath a swing-low support and the 23.6% Fibonacci retracement. Take profit is at 199.79 which is a swing-high resistance. High Risk Investment...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3724 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 1.3660 which is a level that lies underneath a multi-swing-low support and the 50% Fibonacci retracement. Take profit is at 1.3781 which is...
Based on the H4 chart, the price is approaching our sell entry level at 0.5965, a pullback resistance that aligns with the 61.8% Fib retracement. Our take profit is set at 0.5923, a pullback support. The stop loss is set at 0.6004, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H4 chart, the price is testing our sell entry level at 0.6508, a pullback resistance. Our take profit is set at 0.6457, an overlap support. The stop loss is set at 0.6554, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work...
Based on the H1 chart, the price is approaching our sell entry level at 1.1641,an overlap resistance. Our take profit is set at 1.1601, a pullback support. The stop loss is set at 1.1670, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work...
Based on the H1 chart analysis, the price is approaching our buy entry level at 1.3418, a pullback support. Our take profit is set at 1.3456, an overlap resistance. The stop loss is placed at 1.3377,a multi 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....
The Nikkei 225 (JPN225) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 40,069.57 which is a swing-high resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 40,350.00 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 37.27 which is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss is at 36.60 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement. Take profit is at 38.31 which is...
Cable (GBP/USD) is falling toward a potential breakout level, where the bearish momentum could cause the price to drop lower from this level. Sell entry is at 1.3375 which is a potential breakout level. Stop loss is at 1.3460 which is a level that sits above the 23.6% Fibonacci retracement and an overlap resistance. Take profit is at 1.3252 which is a...
The Dow Jones (US30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 44,308.44 which is a pullback resistance. Stop loss is at 44,450.00 which is a level that sits above an overlap resistance and the 127.2% Fibonacci extension. Take profit is at 44,074.17 which is a swing-low support. High...
Based on the H1 chart, the price is approaching our sell entry level at 148.61, a pullback resistance that aligns with the 78.6% Fib retracement. Our take profit is set at 147.57, an overlap support. The stop loss is set at 149.18 a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Based on the H1 chart, the price is approaching our sell entry level at 3346.44, a pullback resistance. Our take profit is set at 3308.43, an overlap support that aligns closely with the 78.6% Fib retracement. The stop loss is set at 3375.07, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Based on the H4 chart analysis, we can see that the price is falling toward our buy entry at 198.65, a pullback support that aligns closely with the 61.8% Fib retracement. Our take profit will be at 199.54, which is a swing high resistance level. The stop loss will be placed at 197.98, which is a pullback support level. High Risk Investment Warning Trading...
The S&P 500 (SPX500) is falling towards multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 6,220.89 which is multi-swing-low support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 6,170.00 which is a level that lies underneath a multi-swing-low support. Take profit is at 6,299.72 which is a...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6542 which is an overlap resistance that aligns with the 50% Fibonacci retracement. Stop loss is at 0.6585 which is a level that sits above a swing-high resistance. Take profit is at 0.6488 which is a multi-swing-low...
Ethereum (ETH/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 2,967.05 which is a multi-swing-low support that aligns closely with the 23.6% Fibonacci retracement. Stop loss is at 2,840.00 which is a level that lies underneath a pullback support. Take profit is at 3,208.95 which is...