UK100GB - 24h expiry A lower correction is expected. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 7525 will confirm the bullish momentum. The measured move target is 7575. We look to Buy at 7500 (stop at 7460) Our profit targets will be 7600 and 7620...
NAS100USD - Intraday An Evening Doji Star formation has been posted at the high. A Fibonacci confluence area is located at 16029. Bespoke support is located at 15315. Selling spikes offers good risk/reward. There is scope for mild buying at the open but gains should be limited. We look to Sell at 16029 (stop at 16129) Our profit targets will be 15779 and...
XAUUSD - Intraday Broke the sequence of 5 positive daily performances. Buying posted in Asia. Price action has continued to range within a triangle formation. The trend of lower highs is located at 2045. Bespoke support is located at 2007. Selling spikes offers good risk/reward. We look to Sell at 2046 (stop at 2055) Our profit targets will be 2021 and...
Tata consumer product looks good here. I have added 50% of trading allocation qty at 900 and 903. Will add more on retest.
NZDUSD - 24h expiry The correction lower is assessed as being complete. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6175 will confirm the bullish momentum. The measured move target is 0.6225. We look to Buy at 0.6125 (stop at 0.6097) Our profit targets will be 0.6195 and 0.6215 Resistance:...
In this video, I the possibility for a continuation upwards on eurusd. I also talked about the things I will like to see the market do before I will be looking for entry positions for a long trade. I also talked about the possibility for the price to continue downwards since it's coming off a weekly 61.8 fib level. I talked about what I will expect the market to...
NZDJPY - 24h expiry There is no clear indication that the upward move is coming to an end. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 90.75 will confirm the bullish momentum. The measured move target is 91.50. We look to Buy at 90.50 (stop at 90.18) Our profit targets will be 91.30 and 91.50...
US500 - 24h expiry The rally was sold and the dip bought resulting in mild net gains yesterday. An overnight positive theme in Equities has led to a higher open this morning. Previous resistance located at 4610. Dips continue to attract buyers. Previous resistance at 4560 now becomes support. We look to Buy at 4560 (stop at 4540) Our profit targets will be...
EURCHF - 24h expiry Previous support located at 0.9625. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. A Morning Doji Star formation has been posted at the low. Preferred trade is to buy on dips. Daily signals are mildly bullish. ´ We look to Buy at 0.9627 (stop at 0.9607) Our...
NZDUSD - 24h expiry Trades at the highest level in 76 days. We are trading at overbought extremes. Trading within a Bearish Ascending Wedge. A Fibonacci confluence area is located at 0.6135. Bespoke resistance is located at 0.6135. We look to Sell at 0.6135 (stop at 0.6167) Our profit targets will be 0.6055 and 0.6035 Resistance: 0.6135 / 0.6143 /...
This is a perfect example for textbook swing trade. Price is waiting to breakout from the resistance line after a significant crash and consolidation. Price trend has reversed and the only way is "UP" with the current bullish sentiment. Enter the trade only after the successful breakout. Wait for our confirmation before entering trade, we will update this...
US500 - Intraday A Fibonacci confluence area is located at 4549. Expect trading to remain mixed and volatile. Due to an Ending Wedge formation, we continue to treat extended gains with caution. The formation has a measured move target of 4507. Bespoke support is located at 4465. We look to Sell at 4573 (stop at 4598) Our profit targets will be 4513 and...
USDCHF - Intraday Posted Mixed Daily results for the last 4 days. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. Bespoke support is located at 0.8825. We look to buy dips. We look to Buy at 0.8825 (stop at...
EURAUD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 1.6600. Price action looks to be forming a bottom. We expect a reversal in this move. A move through 1.6650 will confirm the bullish momentum. The measured move target is 1.6700. We look to Buy at 1.6600 (stop at 1.6560) Our profit targets...
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 0.6075 will confirm the bullish momentum. The measured move...
Hi Traders! There is bullish momentum on the SPX as the market has been at its highest level in ten weeks. Price Action 📊 After the previous resistance break above 4393.57, the market gapped to the upside to start the trading week, and the bullish momentum has continued. We are looking for further bullish momentum to target September's high at...
NZDJPY - 24h expiry The correction lower is assessed as being complete. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Momentum is flat, highlighting the lack of clear direction. A move through 89.50 will confirm the bullish momentum. We look to Buy at 89.00 (stop at 88.60) Our profit targets will be 90.00 and...
Suntv looks to be a good trade idea. Stock has given good breakout and move today. Have taken a long position at 634 around.