These are today's intraday "scalping" levels for the CFD DE30EUR. Adjust levels for FDAX to allow for broker's spreads.
LONG @ 10467.3
SHORT @ 10635.5
Stop: 200 points
Target: 600 points
I don't recommend attempting to trade USDCAD as it is currently consolidating the strong move downward. For now downward progress has been halted but we are not seeing any strong confidence in the USD. Overall tone for this pair is bearish with weekly bullish. Perhaps good for intra day scalping but don't expect any reasonably strong moves in either direction.
1) BEARISH BREAK
2)BREAK OF HIGHER LOW
3)MINOR RESISTANCE BROKEN
4)LOW TEST BAR
& More..
Expecting a rally up to 1331.89 which is our next resistance
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Expecting the S&P 500 to be relatively range-bound during the Euro & Early US Sessions.
If price pops UP, Short from 2166.00 with 12 tick Stop and 36 tick Target.
If price drops DOWN into lower level, Long from 2139.00 with 12 tick Stop and 36 tick Target.
Active intraday traders may consider taking long or short positions into these Levels.
Expecting some consolidation in today's intraday price action with a slight upside bias for today.
Expected levels for "bounce" or counter-trend trades are as shown in the chart.
Shorts from 47.60 & 48.40 if reached.
Long from 45.90 region.
Use 15 tick Stops and 45 tick Targets.
We can only anticipate price action and use simple money-management to control the...
1) BEARISH CHANNEL
2) LOWER HIGHS
3) TESTING UPPER CHANNEL / RESISTANCE
4) HIGH TEST BAR ( PRICE ACTION)
& More..
Expecting a rally down to 112.502
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In anticipation of spikes following the release of the CL Inventory Report at 10:30 AM EST, our "Shorting" Level has been moved up higher to 46.07. Look for a Long position at 44.15. Use Stops of 15 ticks and Targets of 45 ticks for all positions..
1) WITHIN A BULLISH CHANNEL
2) RETESTING SUPPORT
3) RALLYING BACK UP OF PHASE 1
4) NEW LOW HIGH
& More..
IF WE CAN ENGULF THE PREVIOUS 4HR BAR WE SHOULD SEE A RALLY UP
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1) BEARISH CHANNEL
2) DOUBLE TOP
3) NECK LINE HOLD AS PREVIOUS SUPPORT ZONE
& More..
Break below the neck line of 112.899 & we should see price fall eve more or a retest back to
the upper channel.
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1) BEARISH CHANNEL BREAK
2) New Bullish Channel with strong HH & HL'S
3)MAJOR KEY LEVELS AND RESISTANCE AT 1052
4) Currently holding at a major 4hr support zone
& more..
Expecting price to rally back up to 1065 which is also another key level
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1) BROKEN A DESCENDING TRIANGLE
2) BREAKING A MINOR SUPPORT
3) ON A HOURLY PULL BACK FROM RESISTANCE
& MORE...
EXPECTING PRICE TO BREAK AND OPEN BELOW 1.1237.8 BEFORE WE CAN GO
FOR A QUICK SHORT.
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Intraday Scalp
1) DESCENDING TRIANGLE
2) BREAKING MINOR SUPPORT
3)CURRENTLY ON A PULL BACK FROM TESTING Resistance ON THE HOURLY
& MORE..
EXPECTING A BREAK AND A CLOSE BELOW 1.1237 TO GO SHORT
1) Intraday market direction is short
2) In a Bearish Channel
3) Minor support &resistance
3) On the verge of breaking the last HL which is also a support which will create a new HL
and a indication of a trend continuation
& more..
Expecting price to rally down to around 1311.2
GBPUSD is in a short trend, and we should look for intraday short opportunities as long as the price is below the red resistance zone. However, the support of the day trendline after breakout may exist, and if the price keeps dropping tomorrow, we have to be cautious with taking short.
