My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0887 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0914 About Used Indicators: On the subsequent day,...
Put USDCHF on the radar - while there are many different ways this could play out this week, here are 2 clear scenario's that are front of mind. Upside - the fed's 2024 dot moves higher in tomorrows FOMC meeting to show 2 cuts (from 3). We could also see the SNB cut rates - this is a non-consensus call with 4/24 economists calling for a 25bp cut (to 1.5%) and...
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.6094 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.6127 My Stop Loss - 0.6073 About Used Indicators: By the very...
Week of the 18th March (H4) DXY: Stay below 50% (103.70) to maintain bearish view, could trade down to 102.40 support NZDUSD: Buy 0.61 SL 30 TP 100 AUDUSD: Buy 0.6580 SL 40 TP 80 (Tuesday: RBA Decision) USDJPY: Riskier: Sell 148.50 SL 80 TP 200 (Tuesday: BOJ Policy Decision) GBPUSD: Buy 1.2760 SL 50 TP 100 (Thursday:BOE Voting) EURUSD: Sell 1.0860 SL 30 TP 60...
My dear friends, Please, find my technical outlook for SPY below: The price is coiling around a solid key level - 509.75 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 512.59 About Used Indicators: The pivot point itself is simply...
The Aussie (AUD/USD) could rise towards a potential breakout level and climb higher from here should we see a hawkish monetary policy statement at 3:30 am GMT as well as a hawkish press conference by RBA Governor Michele Bullock at 4:30 am GMT. Buy entry is at 0.65826 which is a potential breakout level. Stop loss is at 0.65220 which is a level that lies...
– Monday Daily candle closed weak Bullish around 189.850 as price consolidated on the 4h timeframe. I’ll be looking for potential Buys above 190.030 targeting 1h Resistance formed at 190.350 and 4h Resistance formed around 190.800. I’ll be looking for potential Sells below 189.530 targeting 1h previous Resistance formed around 189.110 and next 1h Support around...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60745 which is a pullback support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 0.60280 which is a level that lies underneath a multi-swing-low support. Take profit is at 0.61364 which is an...
– Monday Daily candle closed weak Bullish around 2160.400 forming weak Daily Support around 2156.000. I’ll be looking for potential Buys above 2164.400 targeting 1h Resistance around 2172.000 and Weekly Resistance around 2179.200, I’ll be looking for potential Sells below 2154.400 targeting recent 4h Support around 2147.300 and next Hourly Strong Support around...
EUR/JPY could fall towards a potential breakout level and drop lower from here should we see the BoJ finally raises interest rates today (19th March). Sell entry is at 161.877 which is a potential breakout level. Stop loss is at 162.800 which is a level that sits above an overlap resistance. Take profit is at 160.380 which is a pullback support that aligns...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8557 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8550 About Used Indicators: Pivot points are a...
The Kiwi (NZD/USD) has broken below the level of 0.6072 which has been identified as a pivot point. Could price potentially fall all the way down to the 1st support? Pivot: 0.60720 Support: 0.60479 Resistance: 0.61000 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
The Aussie (AUD/USD) has broken below the level of 0.65321 which has been identified as a pivot point. Could price potentially fall all the way down to the 1st support? Pivot: 0.65321 Support: 0.64803 Resistance: 0.65888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
My dear friends, Please, find my technical outlook for NATGAS below: The price is coiling around a solid key level - 1.665 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.762 Safe Stop Loss - 1.613 About Used Indicators: The pivot...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 97.325 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 96.750 which is a level that lies underneath a swing-low support. Take profit is at 98.129 which is a pullback resistance that aligns...
My dear followers, I analysed this chart on NZDCAD and concluded the following: The market is trading on 0.8233 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8270 Safe Stop Loss - 0.8209 About Used Indicators: A super-trend indicator is plotted on either above or...
– Previous Weekly candle closed Bullish around 189.700 forming Weekly Support around 189.100, Friday Daily candle closed Bullish breaking out of the recent 4h Consolidation Zone. I’ll be looking for potential Buys above 190.030 targeting 1h Resistance around 190.350 and 4h Resistance around 190.800. I’ll be looking for potential Sells below 189.510 targeting 1h...
My dear friends, TESLA looks like it will make a good move, and here are the details: The market is trading on 163.56 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 180.44 Recommended Stop Loss - 154.73 About Used...