NZDUSD - 24h expiry Price action looks to be forming a bottom. Price action has continued to trend strongly lower and has stalled at the previous support near 0.5900. Further upside is expected. A move through 0.5950 will confirm the bullish momentum. The measured move target is 0.6000. We look to Buy at 0.5920 (stop at 0.5892) Our profit targets will be...
EURNZD - 24h expiry Bespoke support is located at 1.8000. A lower correction is expected. We look to buy dips. Expect trading to remain mixed and volatile. Daily signals are mildly bullish. We look to Buy at 1.7995 (stop at 1.7955) Our profit targets will be 1.8095 and 1.8125 Resistance: 1.8050 / 1.8090 / 1.8109 Support: 1.8000 / 1.7980 / 1.7935 Risk...
GBPAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9220. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9220 / 1.9260 / 1.9315 Support:...
The stock, after a strong move from the 1.20 to 5.00 zone, has since materialized in a healthy way, and found support on the 0.78 Fibonacci level. The stock closed an open gap at 3.50 and is having difficulties through this area. Currently producing a cup&handle pattern (orange). in addition there are currently about 18% short interest on the stock, which can...
GER40 - 24h expiry Yesterday's Marabuzo is located at 18065. Short term bias has turned positive. Risk/Reward would be poor to call a buy from current levels. The primary trend remains bullish. Preferred trade is to buy on dips. We look to Buy at 18065 (stop at 17965) Our profit targets will be 18315 and 18395 Resistance: 18234 / 18300 / 18400 Support:...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Price action has continued to trend strongly lower and has stalled at the previous support near 0.5875. A move through 0.5925 will confirm the bullish momentum. The measured move target is 0.6000. The RSI is trending higher. We look to Buy at 0.5925 (stop at 0.5895) Our profit targets will be...
Potential Short entry at the break of the current Low, and sl above the previous major high with 12 Pips, I would be going Breakeven and taking partials at 1-1 (12-Pips), Final target would be 24 Pips
NIK225 - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. Our short term bias remains negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Weekly pivot is at 37771. We look to Sell at 37805 (stop at 38125)...
Palladium - 24h expiry Selling was posted yesterday but levels close to bespoke support of 1000 have found buyers. 1000.2 has been pivotal. We look to buy dips. Daily signals are mildly bullish. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We look to Buy at 1005.5 (stop at 985.5) Our profit targets will be 1055.5 and 1065.5...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Short term RSI has turned positive. A move through 0.5950 will confirm the bullish momentum. The measured move target is 0.5975. Pivot support is at 0.5875. We look to Buy at 0.5900 (stop at 0.5872) Our profit targets will be 0.5970 and 0.5985 Resistance: 0.5950 / 0.5970 / 0.5975 Support:...
GER40 - 24h expiry Price action looks to be forming a bottom. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The primary trend remains bullish. 50 1day EMA is at 17765. A Doji style candle has been posted from the base. The corrective cycle lower looks to have stalled. We look to Buy at 17830 (stop at...
EURNZD - 24h expiry Short term bias has turned positive. Posted a Double Bottom formation. Offers ample risk/reward to buy at the market. Daily signals are bullish. Previous resistance at 1.7970 now becomes support. We look to Buy at 1.7975 (stop at 1.7939) Our profit targets will be 1.8065 and 1.8095 Resistance: 1.8000 / 1.8045 / 1.8090 Support: 1.7978...
NZDUSD - 24h expiry Daily signals are bearish. Preferred trade is to sell into rallies. Our outlook is bearish. We look for a temporary move higher. 20 4hour EMA is at 0.5932. The lack of interest is a concern for bulls. We look to Sell at 0.5930 (stop at 0.5956) Our profit targets will be 0.5865 and 0.5850 Resistance: 0.5896 / 0.5920 / 0.5935 Support:...
EURJPY - 24h expiry Price action looks to be forming a top. A Doji style candle has been posted from the high. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
GBPUSD - 24h expiry The medium term bias remains bearish. Trading within a Bearish Channel formation. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 1.2615. We look to Sell at 1.2615 (stop at 1.2655) Our profit targets will be 1.2515 and 1.2480 Resistance:...
The euro's rally from the December low appears to be losing steam. Tuesday's high respected a resistance cluster including a 61.8% Fib level, high-volume node and trend resistance. A 2-bar bearish reversal (which includes an engulfing candle) only made a marginal high above Friday's high, and a bearish divergence has formed on the RSI. With CPI looming, perhaps...
AUDUSD - 24h expiry Price action looks to be forming a bottom. The sequence for trading is higher highs and lows. The 50% Fibonacci retracement is located at 0.6600 from 0.6560 to 0.6645. Setbacks should be limited to yesterday's low. Dip buying offers good risk/reward. We look to Buy at 0.6600 (stop at 0.6575) Our profit targets will be 0.6665 and 0.6680...