NZDUSD - 24h expiry Previous support located at 0.6225. Previous resistance located at 0.6250. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 0.6250 will confirm the bullish momentum. We look to Buy at 0.6190 (stop at 0.6160) Our profit targets will be 0.6265 and 0.6285 Resistance:...
EURCHF - 24h expiry Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. 20 1day EMA is at 0.9788. We are trading at oversold extremes. We look to Sell at 0.9788 (stop at 0.9808) Our profit targets will be 0.9738 and 0.9728 Resistance: 0.9740 / 0.9760 /...
FRA40 - 24h expiry Trend line support is located at 7400. Previous resistance located at 7450. Price continues to trade within the triangle formation. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 7400 (stop at 7370) Our profit targets will be 7470 and 7500 Resistance: 7450 / 7470 /...
hey guys we have a nice rejection area confirmed by blow flow and what seems to be a nice text book bear flag, the safer entry would be to wait for the break, but i'm getting some other confluences with the rsi and macd so ill take my chance with this lower risk entry Disclaimer -information shared is for educational and demo purposes only trading is risky and...
This is trade idea for GBPUSD Day Trade -Buy above 1.25325 (BOS) according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:3
This is trade idea for EURUSD Day Trade -Buy above 1.08848 (BOS and Buyside Liquidity Asian Session) according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:3
Ethereum - 24h expiry - We look to Buy at 1811 (stop at 1761) Prices have reacted from 1738. Daily signals are mildly bullish. Previous resistance at 1800 now becomes support. We look to buy dips. Support is located at 1800 and should stem dips to this area. Our profit targets will be 1931 and 1951 Resistance: 1833 / 1860 / 1880 Support: 1805 / 1785 /...
American Airlines - 30d expiry - We look to Buy at 13.54 (stop at 12.94) A bullish reverse Head and Shoulders is forming. 13.36 has been pivotal. Expect trading to remain mixed and volatile. Bespoke support is located at 13.50. We look to buy dips. Our profit targets will be 15.04 and 15.34 Resistance: 14.30 / 14.76 / 15.00 Support: 14.00 / 13.87 /...
CHN50 - 24h expiry Buying pressure from 12916 resulted in prices rejecting the dip. The current move higher is expected to continue. 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. Further downside is expected although we prefer to...
AUDJPY - 24h expiry The downward trending resistance line at 91.30 should provide the ideal target and fade level as medium term bears build positions into the current strength. Previous support level of 90.50 broken. The trend of higher intraday lows has also been broken. Further downside is expected. Risk/Reward would be poor to call a sell from current...
XCUUSD - 24he expiry - We look to Sell at 3.828 (stop at 3.868) Our bespoke support of 3.820 has been clearly broken. Our short term bias remains negative. Previous support, now becomes resistance at 3.820. Preferred trade is to sell into rallies. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 3.728 and 3.708...
Palladium - 24h expiry There is no indication that the selloff is coming to an end. We look for losses to be extended today. Short-term oscillators have turned negative. Expect trading to remain mixed and volatile. The primary trend remains bearish. We look to Sell a break of 1501.8 (stop at 1525.8) Our profit targets will be 1441.8 and 1431.8...
Keeping it simple with this one, HD on the weekly hasn't broken the 200 WMA aside from the covid crash, and is resting there now. Given this, it serves as a good entry and expect a non-disastrous earnings release and price to pivot higher here - $310 First Target
XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183) Our short term bias remains negative. 0.4056 has been pivotal. The bias is to break to the downside. We look for losses to be extended today. Daily signals are mildly bearish. Our profit targets will be 0.3728 and 0.3668 Resistance: 0.4350 / 0.4415 / 0.4450 Support: 0.4200 / 0.4095 /...
Visa - 30d expiry The primary trend remains bullish. This is curremtly an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. We look to Buy a break of 236.11 (stop at 231.38) Our...
AUDJPY - 24h expiry Previous support located at 90.00. Previous resistance located at 90.50. The trend of higher intraday lows has also been broken. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 90.50 (stop at 90.90) Our profit targets will be 89.50 and 89.30 Resistance: 90.25 / 90.50 /...
This is trade idea for EURUSD Day Trade -Buy above 1.09255 (BOS and Buyside Liquidity Asian Session) according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:2
This is trade idea for EURJPY Day Trade -Buy above 147.095 (BOS and Buyside Liquidity Asian Session) according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:2