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Natgas: $2.87 resistance test , 3 scenarios to watchThere is no doubt that the US Natural Gas is at the panic selling phase. With the current price at $2.72, the market price seems to be testing its lower end of the normal seasonal range. This is due to the persistent decline in the low-volume season where any anxiety about international supply does not seem to matter. On the technical end, the $2.74 area is a vital point for the bulls. The market is trapped in a descending channel with the 50-day EMA being a barrier that has capped every recovery attempt since early in March. The RSI is reading at 50.49. After having resisted at the 50-mark, the indicator signals that the asset still needs to drop by another 6-10 points before reaching the zone of deep oversold levels.. Trade recommendation : Direction: Short Entry Zone: $2.72 – $2.95 . Target: $2.45 Stop Loss: $3.12. Technical Scenarios: Bearish: Trigger: A clean break and daily close below $2.45. Potential Outcome: Acceleration toward $2.15 as technical stops are triggered. Mean Reversion: Trigger: RSI drops below 30. Potential Outcome: A tactical short squeeze rally toward $3.10 to retest the 50-day EMA. Sideways Consolidation: Trigger: Price remains trapped between $2.50 and $2.95. Potential Outcome: Choppy trading as the market digests the current storage overhang.
FX_IDC:USDNTGShort
by Kearabilwe-Nonyana
2
EURUSD Trade Plan for Week Ahead - Let's Get Ready to Rumble!This week is not for beginners… this is where the real ones get paid. We’ve got both FOMC and ECB, which means one thing: volatility, liquidity grabs, and fakeouts everywhere. If you don’t have a plan, you’re getting smoked. Simple. Here’s the idea: I’m watching EURUSD push up into a key zone around 1.1755 – 1.1795. That’s where I’m looking to start scaling into shorts, not all in at once—build the position as price pushes higher. If price starts holding above that zone, I’m not stubborn—I stop adding. No ego trading this week. The real money is on the move back down toward the 1.1660 area. That’s where I’ll be holding shorts into, taking profits along the way. But here’s the key—don’t trade the news spike blindly. Let the market run, let it trap people, then step in when things start to settle. That’s where the clean moves happen. This week can make you a lot of money… or remind you real quick why risk management matters. Play it smart. Scale in. Control risk. Let’s get to work.
Short
by Michael_Harding
BTCUSD Liquidity Sweep & Bearish Rejection from Supply ZoneBTCUSD Liquidity Sweep & Bearish Rejection from Supply Zone 📝 Description: BTCUSD has delivered a strong bullish move into a key higher-timeframe supply zone, where price showed a sharp rejection — indicating potential distribution. The recent impulsive move appears to be a liquidity grab, sweeping buy-side liquidity above previous highs before reversing. Price is now struggling to sustain above the zone, suggesting weakening bullish momentum. Additionally, the structure shows a transition from bullish to potential bearish order flow, supported by: Rejection from premium supply area Failure to hold above resistance Possible shift below short-term structure If bearish momentum continues, price may target lower inefficiency zones and support levels: 🎯 Targets: 72,981 (first support / imbalance fill) 71,442 (major downside liquidity zone) 📉 A break below the cloud and continued lower highs would further confirm downside continuation.
BITSTAMP:BTCUSDLong
by curiofx
13
MCG - Observation & Trade IdeaOBSERVATION: The most recent 4H Candle closed as a spinning top at a high. So, there's a possibility that MCG might experience might a pullback. TRADE IDEA : If price B&C ABOVE 4H Candle High Key Level ($4,870.4) TP#1: Daily Resistance Key Level ($4,887.3) TP#2: 4H Key Level ($4,899.4) : If price B&C BELOW 4H Candle Low Key Level ($4,855.4) TP#1: 15M Key Level ($4,832.9) TP#2: Weekly Key Level ($4,825.7) ... Disclaimer: I am not a financial advisor. The trade ideas I share are for educational and informational purposes only. Markets carry risk, and you should always do your own analysis before entering any trade. I am not responsible for any losses incurred.
COMEX_MINI:MGC1!
by EddieBones
XAUUSD Bullish Setup Smart Money Reversal Trendline Support Gold (XAUUSD) is currently showing a strong bullish reaction from a well-respected ascending trendline support, indicating that buyers are actively defending this level. The recent sharp move below the structure appears to be a liquidity grab (stop hunt), where price swept sell-side liquidity before reversing aggressively to the upside — a classic smart money behavior. After this liquidity event, price pushed back into the Ichimoku cloud and started consolidating. This phase represents a transition zone where the market shifts from bearish/neutral to bullish conditions. Now, price is attempting to break and hold above the cloud, which would confirm growing bullish momentum. From a market structure perspective, the price is beginning to form higher lows and attempting to create higher highs, suggesting a potential shift into a bullish structure. As long as the trendline support remains intact, buyers are likely to stay in control. If this momentum continues, the next key resistance levels to watch are 4749 as the first target, followed by the major supply zone around 4801, where price may face strong selling pressure. However, this setup becomes invalid if price breaks and closes below the ascending trendline support, which would indicate weakness and possible downside continuation. Overall, this setup combines trendline support, liquidity grab, Ichimoku cloud transition, and emerging bullish structure — making it a high-probability bullish scenario if key levels hold.
SAXO:XAUUSDLong
by curiofx
TheGrove | EURJPY Buy | Idea Trading AnalysisEURJPY is moving on Resistance LINE.. The chart is above the support area, which has already become a reversal point twice. We expect a decline in the channel after testing the current level and moving to resistance line We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
30
MCG - Trade Idea : If price B&C ABOVE Weekly Key Level ($4,825.7) TP#1: 1H Key Level ($4,853.1) TP#2: 1H Key Level ($4,871.3) TP#3: Daily Resistance Key Level ($4,887.3) : If price B&C BELOW 4H Key Level ($4,767.9) TP#1: 15M Key Level ($4,748.6) TP#2: PDL Key Level ($4,718.8) Disclaimer: I am not a financial advisor. The trade ideas I share are for educational and informational purposes only. Markets carry risk, and you should always do your own analysis before entering any trade. I am not responsible for any losses incurred.
COMEX_MINI:MGC1!
by EddieBones
Crude Oil - Trade Idea: If price B&C ABOVE Resistance Key Level ($101.34) Take Profit #1: $106.73 Take Profit #2: $110.24 Take Profit #3: $117.60 : If price B&C below Support Key Level ($90.88) Take Profit #1: $86.40 Take Profit #2: $84.39 Take Profit #3: $78.28 Disclaimer: I am not a financial advisor. The trade ideas I share are for educational and informational purposes only. Markets carry risk, and you should always do your own analysis before entering any trade. I am not responsible for any losses incurred.
NYMEX:CL1!
by EddieBones
1
Nasdaq 1:3 Risk to Reward Trade IdeaNasdaq is trading within a broader daily downtrend, but price has now pulled into a key area of interest around 23,350 where I’m watching for a countertrend long setup. The idea here is not that the trend has fully changed, but that price may be due for a relief bounce after the recent selloff. This zone stands out as a reaction area, and if buyers can hold it, I’m looking for a push higher into the descending trendline resistance around 24,300. Invalidation sits below 23,030, which gives this setup roughly a 1:3 risk-to-reward. RSI is also bouncing from oversold territory, which supports the idea that bearish momentum may be cooling off in the short term.
CAPITALCOM:US100Long
by Michael_Harding
1
SPY Long Setup — Demand Zone Retest with Multi-TP Targets Timeframe: 15 min Bias: Long Structure & Context: After a sharp selloff into the March 20th low, SPY has been building a recovery structure with higher lows forming on the 15-minute chart. Price swept the previous swing low and reversed aggressively, leaving behind a well-defined demand zone (order block) in the 649–651 area. This zone aligns with the prior accumulation range and has not been retested yet — making it a fresh level of interest. Why I'm looking long here: Liquidity sweep — price dipped below the equal lows near 644 before reversing sharply, suggesting sell-side liquidity was grabbed by institutional players. Bullish displacement — the move off the lows was impulsive with large-bodied candles, indicating genuine buying pressure rather than a dead-cat bounce. Demand zone confluence — the 649–651 entry zone sits at the origin of the displacement move and overlaps with a prior consolidation range, adding confluence. Market context — broader indices are stabilizing after the recent pullback, and SPY is holding above key daily support. Trade Plan: Entry Zone: 649–651 (on a retest pullback into the demand zone) Stop Loss: 648 (below the order block low — invalidates the demand zone) TP1: 660 (prior resistance / supply pocket) TP2: 668 (next structural resistance level) TP3: 671 (extended target near the upper range) Risk-to-Reward: With entry around 650 and SL at 648, that's roughly 2 points of risk. TP1 gives ~5:1 R:R TP2 gives ~9:1 R:R TP3 gives ~10.5:1 R:R I'll be scaling out at each target — 50% at TP1, 30% at TP2, and letting the remaining 20% ride to TP3 with stop moved to breakeven after TP1. Invalidation: A clean break and close below 648 on the 15-min timeframe invalidates this setup. If price breaks back below the demand zone with volume, I'm flat — no averaging down. Manage your risk. This is my analysis, not financial advice.
AMEX:SPY
by ConfluxAi
2
GC1! Retracement into Bearish Fvg, Draw on Liquidity BelowGold delivered a clean bearish displacement, shifting order flow to the downside. Price is now retracing into a lower timeframe supply / imbalance, forming a potential lower high within the dealing range. With sell-side liquidity resting below the recent lows, the draw remains to the downside, but this is not confirmed yet. The ideal scenario is a small push higher to run inducement, followed by displacement down (MSS) and continuation toward the lows. If price reclaims this zone and holds, this idea becomes invalid and opens the door for a deeper retracement into higher timeframe premium arrays. For now, this is a retracement into premium, not a confirmed short. Patience until delivery confirms direction.
COMEX:GC1!
by propfirmwise
2
EUR/USD at the Crossroads: Safe-Haven Dollar Dominates The EUR/USD pair is navigating treacherous waters, as depicted in the daily chart, where a potential head-and-shoulders pattern looms large. The price action shows a "gapped lower" move, signaling bearish momentum, with the RSI dipping into oversold territory at around 43.35. The chart highlights a descending resistance line capping upside attempts, while support levels are tested amid projections of further downside to the 1.14 handle. Yet, there's room for optimism if bulls can muster a rally to form a "potential second shoulder" near 1.17. As of March 9, 2026, the pair hovers around 1.158, caught between economic headwinds and escalating global tensions that bolster the USD's safe-haven appeal. Bullish Setup: Rally to Resistance and Second Shoulder Formation In a bullish scenario, EUR/USD could stage a rebound from current levels, targeting the descending resistance around 1.17-1.18. This move might complete a second shoulder in the emerging head-and-shoulders pattern, potentially delaying a full breakdown. Support from softer U.S. data could weaken the dollar, allowing euro bulls to capitalize on any dovish Federal Reserve signals. Key triggers include a failure to break below the recent "gapped lower" point near 1.156, with momentum building if RSI climbs above 50. Upside targets: initial resistance at 1.1626, then 1.1744, with a break above the descending line opening doors to 1.2000. However, this setup hinges on cooling inflation and reduced geopolitical risks, which could erode the USD's strength. Bearish Setup: Momentum Drives Down to the 1.14 Handle Conversely, if bearish momentum persists, EUR/USD risks a sharper decline toward the 1.14 support zone, as labeled on the chart. A breakdown below 1.1495 could accelerate selling, fueled by persistent USD demand. The "down to the 1.14 handle" projection aligns with the chart's downward trajectory, potentially exacerbated by hot inflation data reinforcing Fed hawkishness. Downside targets: immediate support at 1.1526, followed by 1.1400-1.1495. This scenario gains traction if RSI remains below 40, signaling oversold but unbroken bearish control. Last Week's NFP Shock and Market Reaction Last Friday's February Non-Farm Payrolls (NFP) report delivered a bombshell, with U.S. job growth contracting by 92,000—far worse than the expected +59,000 and a stark reversal from January's revised +126,000. The unemployment rate ticked up to 4.4% from 4.3%, attributed to severe winter weather and a major health-care strike. Despite the weak data hinting at labor market cracks, markets reacted counterintuitively: the USD strengthened, pushing EUR/USD lower by about 0.5% intraday. This "bad news is good for the dollar" dynamic underscores the overriding influence of safe-haven flows amid global uncertainty, overriding typical rate-cut expectations from soft jobs figures. Dollar's Safe-Haven Surge Amid War Intensity The USD's resilience stems from intensifying Middle East conflicts, where U.S.-Israeli strikes under "Operation Epic Fury" killed Iran's Supreme Leader Ali Khamenei on February 28, prompting Iranian retaliatory missiles and the effective closure of the Strait of Hormuz. Oil prices have surged—WTI up 34% last week, Brent topping $90 per barrel—stoking stagflation fears and driving capital into U.S. assets. As traditional havens like gold and Treasuries compete, the dollar has reclaimed its "king" status, with analysts noting its rally as a "perfect storm" of geopolitical risk and market depth. This has pressured EUR/USD, as eurozone vulnerabilities to energy shocks amplify the pair's downside bias. Major Economic Data This Week: What to Watch For Upcoming High-Impact Risk Events – Week of March 9–15, 2026 (EUR/USD Focus | All times UTC unless noted) This week features major inflation data from the Eurozone and US, amid persistent geopolitical tensions and oil-driven pressures. Volatility expected around key releases—watch for surprises that could reinforce USD safe-haven flows or spark EUR rebounds. Monday, March 9 All Day: EUR – Eurogroup Meetings (policy signals on eurozone stability; dovish tone could pressure EUR) Wednesday, March 11 07:00 UTC | EUR | German CPI (Final) y/y – Forecast: 1.9% | Previous: 1.9% (Key ECB inflation gauge; hotter print supportive for EUR) 07:00 UTC | EUR | Eurozone CPI y/y – Forecast: 1.9% | Previous: 1.9% (Broad inflation read; upside surprise bolsters euro vs. USD) 12:30 UTC | USD | US CPI y/y – Forecast: 2.2% | Previous: 2.4% (Headline watch; hotter-than-expected delays Fed cuts → USD strength) 12:30 UTC | USD | US Core CPI m/m – Forecast: 0.2% | Previous: 0.3% (Ex-food/energy; persistent heat signals stagflation risk → USD positive) Friday, March 13 12:30 UTC | USD | US Core PCE Price Index m/m (Jan) – Forecast: 0.4% | Previous: 0.4% (Fed's preferred inflation metric; upside risks heighten hawkish bias → USD boost) 12:30 UTC | USD | PCE Price Index y/y (Jan) – Forecast: 2.9% | Previous: 2.8% (Broader PCE read; sticky core could reinforce USD gains) Other Notable Releases This Week Eurozone Industrial Production (various dates) – Watch for weakness that could weigh on EUR US Q4 GDP (secondary/revision estimates) – Potential growth narrative shifts Geopolitical updates (Middle East tensions) remain a wildcard for safe-haven USD flows Quick Trading Notes Hotter US inflation (CPI/PCE) → Likely accelerates USD rally toward 1.14 downside targets Cooler Eurozone data or dovish signals → Limits EUR downside, possible bounce to 1.17 resistance Scale positions gradually; use tight stops around data prints to manage drawdown Trading EUR/USD: Scaling In and Out to Minimize Drawdown Trading this volatile setup demands risk management, especially with drawdowns from sudden news spikes. Adopt a scaling strategy to build positions gradually and exit in parts, keeping exposure low (e.g., 1-2% per trade). Bullish Trade Plan: Scale into longs on dips above 1.156 (e.g., enter 1/3 position at 1.158, add at 1.162 if holds). Target partial profits at 1.17 (exit 1/2), with full exit at descending resistance (1.18+). Stop-loss below 1.1495. This limits drawdown by averaging in during consolidation. Bearish Trade Plan: Scale into shorts on rallies to 1.162 (e.g., 1/3 at 1.160, add below 1.156 break). Book partial gains at 1.1526 (exit 1/2), aiming for 1.14. Stop-loss above 1.1744. Use trailing stops to lock profits, reducing drawdown during reversals. Monitor position sizing—never exceed 5% total risk—and use correlated assets like USD Index futures for confirmation. In this environment, patience pays: wait for data confirmation before full commitment. As Middle East tensions simmer and data unfolds, EUR/USD's fate hangs in the balance. Stay vigilant— the dollar's safe-haven crown isn't yielding easily.
by Michael_Harding
TheGrove | CADJPY sell | Idea Trading AnalysisCADJPY is moving on Resistance area and is testing the upper boundary of an ascending channel and showing signs of rejection, we may see a corrective move towards lower support zones. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
22
SPY Golden Cross formation! Its BULL TIME!!SP futures finally closing above the previous descending resistance line on the 1D chart. Combine this with the bullish indicator of the Golden Cross: 50 MA crossing the 200 MA 10 MA has already crossed the 200MA indicating at least, a short term momentum change. On the Wed - 25 Jan we also see a long bullish hammer, with a long wick down indicating huge buying pressure at the 4000 zone followed by a huge bullish candle touching the 4075s on 26 Jan. If bullish momentum continues, we can see a retest of key Resistances: 4170 & 4300
CME_MINI:ES1!Long
by Gold_D_Roger
TheGrove | AUDUSD SELL | Day Trading AnalysisAUDUSD is moving on support area..We expect a bearish move from the confluence zone. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
3
TheGrove | GBPJPY buy | Idea Trading AnalysisGBP/JPY is trading within a rising channel, with price holding above the Ascending Triangle after a clear bullish and is moving on Resistance area. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
3
TGT: All levels of interestTGT (Target), consumer defensive play crashing on bad earnings and inflation concerns.... Weekly chart. Now oversold. Can we go lower? Here are the levels I'm watching to enter: - 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level. - 90-82: is the second zone of interest I'm watching. If we reach this zone I'll buy stocks as a long term investment. Trade safe.
NYSE:TGT
by Elpidaldo
NZDJPY dips continue to attract buyers.NZDJPY - 24h expiry Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Daily signals are bullish. 20 1day EMA is at 91.75. Risk/Reward would be poor to call a buy from current levels. Dip buying offers good risk/reward. We look to Buy at 91.85 (stop at 91.35) Our profit targets will be 93.35 and 93.65 Resistance: 93.27 / 94.03 / 94.50 Support: 92.06 / 91.41 / 91.00 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.
Long
by OANDA
GBPNZD short term bias remains negative.GBPNZD - 24h expiry There is no clear indication that the downward move is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 2.2825 will confirm the bearish momentum. The measured move target is 2.2775. We look to Sell at 2.2900 (stop at 2.2950) Our profit targets will be 2.2800 and 2.2775 Resistance: 2.2850 / 2.2900 / 2.2950 Support: 2.2825 / 2.2800 / 2.2775 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.
Short
by OANDA
GBPAUD to continue in the downward move?GBPAUD - 24h expiry There is no indication that the selloff is coming to an end. Daily signals for sentiment are at oversold extremes. Offers ample risk/reward to sell at the market. The lack of interest is a concern for bulls. Our outlook is bearish. We look to Sell at 1.9875 (stop at 1.9935) Our profit targets will be 1.9695 and 1.9655 Resistance: 1.9886 / 1.9950 / 2.0050 Support: 1.9823 / 1.9750 / 1.9700 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.
Short
by OANDA
NZDUSD to continue in the upward move?NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.5850 will confirm the bullish momentum. The measured move target is 0.5900. We look to Buy at 0.5820 (stop at 0.5785) Our profit targets will be 0.5895 and 0.5900 Resistance: 0.5850 / 0.5875 / 0.5900 Support: 0.5820 / 0.5800 / 0.5785 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.
Long
by OANDA
NZDJPY to form a higher high?NZDJPY - 24h expiry Trend line resistance is located at 91.95. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Short term momentum is bullish. Prices expected to stall near trend line resistance. Expect trading to remain mixed and volatile. We look to Sell at 91.95 (stop at 92.31) Our profit targets will be 90.91 and 90.61 Resistance: 91.80 / 92.00 / 92.50 Support: 91.20 / 90.62 / 89.97 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.
Short
by OANDA