VAST RESOURCES PLC ORD 0.1P, PHOTONSTAR LED GROUP PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UNION JACK OIL PLC ORD 0.025P, MOTIF BIO PLC ORD 1P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
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
Weekly - hammer out of support region DXY looking to weaken across the board - long term USD weakness 4hr hammer rejection of 61.8% fibonacci level out of wick zone Higher lows have formed
4hr 61.8% fib rejection in heavy wick region 3rd TL bounce Target bearish 61.8% fib R:R 1:8.3
Daily 61.8% fib rejection 4hr: head+shoulders shooting star rejection of 61.8% fib level 3rd TL bounce
Weekly hammer rejection of 1.3250 Over extended bearish run 1hr HH+HL 61.8% fib rejection Morning star reversal pattern R:R 1:3.34
LONG 2hr fib Price respecting ascending trend line 61.8% fibonacci level lining up with prior lows which has since acted as a resistance for the pair. We have broken this resistance and are now testing it as support. This area is also in alignment with our daily 8EMA.
Very bearish monthly close Sell limit at 61.8% fib (in alignment with Daily 8EMA) R:R 1:5.38 Target 1 - 128.65 Target 2 - 128.00
4hr break of trend line Waiting for a retest which is in confluence with 1.7250 Weekly Support and 61.8% intraday fibonacci Target fib confluence with 1.7500