LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV, SIRIUS MINERALS PLC ORD 0.25P, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, TCG
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
We look to Sell at 7380 Trading has been mixed and volatile. The trend of lower highs is located at 7382. Positive overnight flows lead to an expectation of a firm open this morning. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Stop: 7415 Target 1:7275 Target 2: 7200
cadjpy on the weekly doesn't show a lot apart form basic support and resistance but when I went down a timeframe, I saw daily trendline making lower highs and lower lows. 4hr/1hr timeframe showed me a rising wedge occurring while breaking out and making a head and shoulders pattern.
Afternoon traders, Looking at another great setup this time in Aussie Dollar versus New Zealand dollar which spiked overnight as the Aussie central bank cut rates but then indicated that was them finished cutting rates causing a short squeeze in this pair up towards the 100 day moving average around 1.05 where it has lost steam in moving higher. Having watched...
Morning traders, Back into the market after a long weekend in both U.K. and U.S. and we are looking at the continued downtrend of Euro versus US dollar. A series of lower highs continues to form with support around 1.11 area providing a short opportunity of 90 pips. We also have the formation of an Evening star candle or tweezer top if looking on longer time...
eurjpy is in a descending channel consisting of lower highs and lower lows. Price seems to have reached its first resistance zone. Resistance zone was previous support from past data and has now been broken and turned into a newly formed resistance which adds to the continuation of the descending channel. on top of that, price was in alignment with the fib...
GBP/AUD: Beginning with the monthly chart, we can see that GA is currently resisting off of the 1.8500 zone which it has done in many previous tests. As well as this, we also have a support level on at around the 1.7300 level which in previous tests has proven to be a strong level of support especially. Dropping down to the weekly chart we can now see the true...
On the audusd there seems to be a strong support on the weekly so I decided to head over to the daily and I noticed a downward channel has been created consisting of lower highs and lower lows. Hoping for price to retest previous support structure so I can go long. Use lower timeframes to monitor movement and enter trade if necessary.
In this market, I have seen the market do into this downward channel and with that came lower lows and lower highs. I've added the entry point, stop loss and take profit. The lower lows and lower highs can be seen more clear in the 1hr timeframe and smaller.
Descending channel plus lower low to lower high are being made so this indicates bearish move and also bearish triangle pattern is also formed as well. That is 3 indications that this CFD will go bearish.
NZDUSD has been making Lower Lows and Lower Highs for the past few days, Price has recently hit the monthly resistance at the price of 0.73000 and a chart & candlestick reversal pattern has been show!
price has now created two lower highs which indicates an end to the momentum of the gbp versus sgd
Short idea. 2 Resistance lines approach. Looks like it's forming a head and shoulders. Yet to confirm. RSI looking like it's going to make Lowe Highs (LH). Waiting on 2 speeches that could confirm or defer this idea. If candle closes below previous low and RSI hits the red line. Short idea confirmed. Risk reward ratio 3/1.