EURNZD - Intraday Our bespoke support of 1.7511 has been clearly broken. Previous support at 1.7520 now becomes resistance. Our short term bias remains negative. 20 4hour EMA is at 1.7493. Our outlook is bearish. We look to Sell at 1.7495 (stop at 1.7547) Our profit targets will be 1.7365 and 1.7335 Resistance: 1.7485 / 1.7530 / 1.7570 Support: 1.7440 /...
Entry: with price above 147.29 Volume: with volume greater than 63.87M Target: 168.47 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages) Stop: Depending on...
Entry: with price above 82.72 Volume: with volume greater than 2.71M Target: 86.95 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages) Stop: Depending on your...
AUDJPY - Intraday There is no clear indication that the upward move is coming to an end. Trend line support is located at 97.70. Risk/Reward would be poor to call a buy from current levels. A move through 98.00 will confirm the bullish momentum. The measured move target is 98.50. We look to Buy at 97.70 (stop at 97.45) Our profit targets will be 98.35 and...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. Pivot resistance is at 0.6140. We expect a reversal in this move. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6140 (stop at 0.6166) Our profit targets will be 0.6075 and 0.6060...
EURUSD - 24h expiry The medium term bias remains bearish. Buying pressure from 1.0695 resulted in all the initial daily selloffs being recaptured. Buying posted in Asia. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile. We look to Sell at 1.0755 (stop at 1.0780) Our profit targets will be...
NZDJPY - 24h expiry Trading within a Bullish Channel formation. Dips continue to attract buyers. The hourly chart technicals suggests further downside before the uptrend returns. A lower correction is expected. Bespoke support is located at 91.30. We look to Buy at 91.30 (stop at 91.00) Our profit targets will be 92.05 and 92.25 Resistance: 91.90 / 92.20...
AUDUSD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. Risk/reward is ample to call a buy trade. Price action looks to be forming a bottom. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the...
NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15) Price action has formed a bullish ascending triangle formation. There is no clear indication that the upward move is coming to an end. Daily signals for sentiment are at overbought extremes. In our opinion, this stock is overvalued. A break of the recent high at 709.44 should result...
AUDUSD - Intraday Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. We are trading at oversold extremes. Preferred trade is to buy on dips. We look to Buy at 0.6480. We look to Buy at 0.6480 (stop at 0.6456) Our profit targets will be 0.6540...
EURNZD - 24h expiry Broken out of the channel formation to the downside. With resistance seen at 1.7690 and Marabuzo resistance at 1.7680, there is scope for selling rallies. Preferred trade is to sell into rallies. Short term MACD has turned negative. 50 4hour EMA is at 1.7692. We look to Sell at 1.7685 (stop at 1.7735) Our profit targets will be 1.7565...
CHN50 - 24h expiry The bearish engulfing candle on the 4 hour chart is negative for sentiment. The primary trend remains bearish. Short term momentum is bearish. We look for losses to be extended today. A break of the recent low at 11356 should result in a further move lower. We look to Sell a break of 11345 (stop at 11465) Our profit targets will be 11045...
NZDUSD - 24h expiry Price action has stalled at good resistance levels and currently trades just below here (0.6120). We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 0.6100 will confirm the bearish momentum. The measured move...
Hello Traders! - SHORT TRADE EXECUTION - This is my idea related to NZDJPY M30. I see that the trend is going bearish, and I expect that the PDL or BOSS will be taken. My target is the OB level at M30 tf. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
GBPUSD - 24h expiry The primary trend remains bullish. The selloff has posted a correction count on the daily chart. A move lower faces tough support and we remain cautious on downside potential. However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern. Preferred trade is to buy on dips. We look to...
Hello Traders, here is the full analysis. This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one. 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...
Went long taking positional trade on asahi song Close above 290 only will give good moves. hence gone with 30% allocation looks like trend change.
Hello Traders, here is the full analysis. Great SELL opportunity USDJPY 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 comments. I will be glad 🤝 Patience is the If You Have Any Question,...