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IPH 40% move coming?IPH has recently emerged from a descending wedge pattern, supported by bullish divergences in both the RSI and OBV, along with several divergences observed in shorter time frames. A pullback to the $5 level is anticipated, as the stock appears weaker on these smaller time frames. If IPH can maintain its position above the recent low of $4.40, it will indicate a structural shift, establishing higher highs and higher lows. My initial target is in the $6.50 range, followed by a potential move just above $7, representing a 40% increase. Good luck and happy trading 🍀
ASX:IPHLong
by jason_rpprt
ASX200 to find support at current market price?ASX200 - 24h expiry The primary trend remains bullish. Price action continues to trade around the all-time highs. 20 1day EMA is at 8619. Offers ample risk/reward to buy at the market. Our outlook is bullish. We look to Buy at 8621 (stop at 8573) Our profit targets will be 8764 and 8794 Resistance: 8670 / 8694 / 8749 Support: 8610 / 8570 / 8524 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:AU200AUDLong
by OANDA
1
Bullish potential detected for WDSEntry conditions: (i) higher share price for ASX:WDS along with swing up of the DMI indicators and swing up of the RSI indicator, and (ii) observation of market reaction at the support/resistance level at $24.87 (from the open of 14th February). Stop loss for the trade would be, dependent of risk tolerance (once the trade is activated): (i) below the support level from the open of 15th July (i.e.: below $23.95), or (ii) below the recent swing low of 30th June (i.e.: below $23.24). NOTE: Positive momentum move on 23rd July already in play (suggested not to chase this initial move and await a retracement back towards the support/resistance level of $24.87 and observe the market reaction - potentially overbought with resistance above current price area of $26.20 as at 25th July). If the move keeps going, let it go.
ASX:WDSLong
by Ivory_Wolf
ASX200 to find buyers at current market price?ASX200 - 24h expiry Price action resulted in a new all-time high at 8765. Price action continues to trade around the all-time highs. The bullish engulfing candle on the 4 hour chart the positive for sentiment. 50 4hour EMA is at 8658. We look for a temporary move lower. We look to Buy at 8661 (stop at 8615) Our profit targets will be 8801 and 8831 Resistance: 8700 / 8749 / 8765 Support: 8658 / 8629 / 8600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:AU200AUDLong
by OANDA
FFM -- ASX – Breakout Consolidation in Focus 📝 Description Firefly Metals is setting up a classic breakout continuation scenario after reclaiming the $1.00 psychological level and breaking the long-term trendline resistance. 🔹 Key Observations: • Trendline Break: The descending trendline from the prior high was decisively breached, signaling a structural shift. • Accumulation Zone: Price has consolidated in a tight range above $1.00, forming a bullish flag or box accumulation. • EMA Cluster Support: Both the 15 and 60 EMAs are aligned below the consolidation, providing dynamic support. 🔹 Potential Scenarios: ✅ Bullish Continuation: A clean breakout above the top of the blue box could trigger a momentum rally toward $1.30 and ultimately the $1.38–$1.50 resistance levels. ✅ Deeper Pullback: If price loses the $1.00 support decisively, a retracement to retest the breakout base is possible. Trade Plan: I am monitoring for a confirmed breakout candle with volume expansion to validate the continuation thesis. • Entry trigger above the range high ($1.10 area) • Stops below recent swing low / $1.00 level • First target: $1.30 resistance As always, risk management first—no breakout, no trade. #MJTrading #FFM #FireflyMetals #ASXTrading #BreakoutSetup #TechnicalAnalysis #PriceAction #TradingPlan #ChartOfTheDay #AustralianStocks #MomentumTrading #MJTrading
ASX:FFMLong
by MJElahifx
Potential outside week and bearish potential for TLXEntry conditions: (i) lower share price for ASX:TLX below the level of the potential outside week noted on 2nd June (i.e.: below the level of $24.91). Stop loss for the trade would be: (i) above the high of the outside week on 5th June (i.e.: above $27.40), should the trade activate. Important note for the trade: - Observe market reaction at two key areas illustrated in the chart above, should the trade activate ($24.79 and $24.47), which could act as support against the short trade.
ASX:TLXShort
by Ivory_Wolf
Bearish potential detected for BAPEntry conditions: (i) lower share price for ASX:BAP along with swing of DMI indicator towards bearishness and RSI downwards, and (ii) observing market reaction around the share price of $4.82 (close of 18th June). Stop loss for the trade would be: (i) above the high of the recent swing high once the trade is activated (currently $4.92 from the high of 19th June), or (ii) above the prior resistance zone of $4.87 from 8th November 2024, depending on risk tolerance.
ASX:BAPShort
by Ivory_Wolf
Surprising ups and downs in global indicesJune brought contrasting moves across global stock markets: while the U.S. and Asia posted gains, Europe struggled under pressure. Rising tensions between Iran and Israel, political instability in the EU, and shifting rate expectations fueled volatility. In search of stability, investors turned to U.S. tech and exporters — pushing the S&P 500 (#SP500) and Nasdaq 100 (#NQ100) higher. Key market movers in June: • #SP500 (+0.96%), Dow Jones (#DJI30) (+0.89%), #NQ100 (+0.94%) – buoyed by dovish Fed tone and Iran’s restrained response to U.S. strikes. #Tesla surged 8.2%, with #IBM also among top gainers. • Hong Kong 50 (#HSI) (+3%) – lifted by strong retail data and hopes of new stimulus from China. • Australia 200 (#ASX) (+1.25%) – boosted by RBA rate cut expectations and strong tech sector performance. • France 40 (#CAC40) (–2.76%) – weighed down by political risks and weakness in luxury stocks. • Europe 50 (#ESTX50) (–1.8%) – hurt by soft ECB tone and weaker business activity. • DAX 30 (#DAX30) (–3%) – pressured by weak industrial data and fading Chinese demand. S&P 500 and Nasdaq 100 continue to rise on solid macro data, a softer Fed stance, and strong earnings from major tech players. Analysts at FreshForex believe investor confidence in the U.S. recovery supports the ongoing bullish trend.
NYSE:IBM
by Fresh-Forexcast2004
APX Rebound in Play?📈 “APX Rebound in Play? Eyeing the AUD 1.55 Resistance” Appen (APX) has shown a significant uptick today, closing at AUD 1.040 (+5.58%) with a sharp volume spike (8.96M shares) that could suggest accumulation. After a long downtrend, price appears to be consolidating above key support near AUD 1.00, forming a potential base for reversal. 🔍 Chart Highlights: Support Zone: AUD 1.000 – strong historical level holding. Resistance Targets: → AUD 1.555 → AUD 1.655 → AUD 1.785 R/R Setup: Defined green zone shows potential upside if momentum continues; red zone clearly marks invalidation below support. 🧠 Thesis: If APX maintains momentum and holds above AUD 1.00, we may be witnessing a structural shift with upside potential toward AUD 1.78 in stages. Breakout traders might watch for confirmation via volume and price action at each resistance. 💬 “Could we be looking at an early-stage reversal or just a dead-cat bounce? Watching the 1.00 level closely.” #ASX #APX #APPEN #MJTRADING #TRADING #SHARE #STOCKMARKET #BUY #CHART #MONEYMANAGEMENT
ASX:APXLong
by MJElahifx
ASX200 short term bias has turned negative.ASX200 - 24h expiry Short term bias has turned negative. A shooting star has been posted on the weekly charts. Bearish divergence is expected to cap gains. Previous resistance located at 8550. 50 4hour EMA is at 8528. We look to Sell at 8529 (stop at 8581) Our profit targets will be 8375 and 8355 Resistance: 8543 / 8574 / 8594 Support: 8476 / 8400 / 8335 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:AU200AUDShort
by OANDA
2
High Dividend Stock on the Move? COH – Eyes on 351.51 Cochlear Limited (ASX: COH) is showing strong bullish potential after price tapped into a respected Monthly Order Block (OB). This region aligns with a historically strong demand zone, offering a prime entry opportunity for longer-term investors and SMC traders alike. From a Smart Money Concept (SMC) perspective, the structure remains bullish: - Price swept a low into the Monthly OB, indicating engineered liquidity grab. - The reaction shows strong displacement to the upside, validating the OB. - Volume also suggests institutional interest at this level. - There’s now a clean path toward Equal Highs at 351.51, a natural draw for buy-side liquidity. With COH offering consistent dividend payouts, this could be a double win – capital appreciation + income. 🧠 As always: Do Your Own Research (DYOR).
ASX:COHLong
by INSIDER_INTEL
ASX200 forming a top?ASX200 - 24h expiry Price action looks to be forming a top. A shooting star has been posted on the weekly charts. Bearish divergence is expected to cap gains. Previous resistance located at 8550. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look to Sell at 8549 (stop at 8601) Our profit targets will be 8395 and 8365 Resistance: 8552 / 8594 / 8629 Support: 8504 / 8450 / 8400 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:AU200AUDShort
by OANDA
Markets rally as missiles fly | how long can risk be ignored? Markets may be underpricing Israel and Iran risk. Despite continued fighting—including high-impact strikes and rising casualties—global equities moved higher to start the week. U.S. indices led the advance, with the Nasdaq gaining 1.5%, followed by the S&P 500 and Dow. Earlier in the session, European and Asian markets also closed higher, with Germany’s DAX up 0.8% and Japan’s Nikkei rising 1.3%. Now Asian markets are set to open for the second trading day of the week. Tensions escalated further on Monday as Israel launched drone strikes on Iran’s state-run IRINN television headquarters in Tehran, interrupting a live broadcast. Additional Israeli attacks hit the South Pars gas field. In retaliation, Iran launched a fresh wave of missile attacks into Israel, killing at least five people.
ASX24:AP1!
by BlackBull_Markets