EURUSD
Intraday - We look to Buy at 0.9903 (stop at 0.9873)
2 positive daily performances in succession. Selling posted in Asia. The medium term bias is neutral. Bespoke support is located at 0.9903. Preferred trade is to buy on dips.
Our profit targets will be 1.0020 and 1.0100
Resistance: 1.0034 / 1.0093 / 1.0189
Support: 0.9993 / 0.9787 / 0.9503
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USDCHF
Intraday - We look to Buy at 0.9952 (stop at 0.9919)
Daily signals are bullish. The trend of higher lows is located at 0.9950. We look to buy dips.
Our profit targets will be 1.0029 and 1.0039
Resistance: 1.0030 / 1.0050 / 1.0070
Support: 0.9980 / 0.9960 / 0.9930
Please be advised that the information presented on TradingView is provided to...
USDCAD
Intraday - We look to Buy at 1.3600 (stop at 1.3540)
Previous support located at 1.3650. Previous resistance located at 1.3700. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.3700 will confirm the bullish momentum.
Our profit targets will be 1.3720 and 1.3750
Resistance: 1.3700 /...
AUDUSD
Intraday - We look to Sell at 0.6360 (stop at 0.6415)
We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 0.6200 and 0.6000...
Had mentioned earlier about the head and shoulders pattern getting formed in the nasdaq composite chart.
We say the fed hike event triggered the downfall but dear the price action already showed it coming.
USDCAD
Intraday - We look to Buy at 1.3410 (stop at 1.3350)
Previous support located at 1.3500. Previous resistance located at 1.3530. Further upside is expected. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 1.3530 and 1.3550
Resistance: 1.3530 / 1.3550 / 1.3600
Support: 1.3500 / 1.3450 / 1.3410
Please be...
Pessimism is all over with analyst calling for recession & another 20% drop from 390. SPY already made an impressive recovery from June Low even touching ma200 line but then falls back to the 390 zone after high inflation data. Further rally was again delayed by FDX declaring recession & slashing guidance. Adobe also contributed to the pessimism after investors...
Under Armour Inc
Short Term - We look to Sell at 9.16 (stop at 9.59)
The primary trend remains bearish. Bespoke resistance is located at 9.25. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 8.06 and 7.50
Resistance: 9.25 / 11.50 / 18.00
Support: 8.00 / 6.00 / 3.00
Please be advised...
