GBPUSD - 24h expiry
The primary trend remains bullish.
The selloff has posted a correction count on the daily chart.
A move lower faces tough support and we remain cautious on downside potential.
Risk/Reward would be poor to call a buy from current levels.
Setbacks should be limited to yesterday's low.
We look to Buy at 1.2640 (stop at 1.2604
Our profit...
UK100GBP - 24h expiry
Short term bias is mildly bullish.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A lower correction is expected.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is expected although we prefer to buy into dips close to...
USDCHF - 24h expiry
Levels close to the 50% pullback level of 0.8789 found buyers.
Prices have reacted from 0.8742.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
We look to buy dips.
Our outlook is bullish.
We look to Buy at 0.8790 (stop at 0.8762)
Our profit targets will be 0.8860 and 0.8875
Resistance: 0.8821 / 0.8838 /...
This is the time to start accumulating the Hello Token. After it being down from it's all time high, people selling because the show is already released. People don't understand that it has just started. Killer Whales Appearing on Apple TV, then maybe Netflix, Hulu???
Monthly OB and FVG may be respected and I am willing to risk it, will hold a big position of this.
NZDJPY - 24h expiry
Price action looks to be forming a top.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes.
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish...
Looking at Solana, We have a Buy Model on the Daily TF, Scaling down to 4H we see a MSS, scaling down to 15m we can see a buy model forming with the 4H PD arrays.
Stop loss: $98.50
Invalidation Point: Close below $94.50
EURNZD - Intraday
Our bespoke support of 1.7511 has been clearly broken.
Previous support at 1.7520 now becomes resistance.
Our short term bias remains negative.
20 4hour EMA is at 1.7493.
Our outlook is bearish.
We look to Sell at 1.7495 (stop at 1.7547)
Our profit targets will be 1.7365 and 1.7335
Resistance: 1.7485 / 1.7530 / 1.7570
Support: 1.7440 /...
Entry: with price above 147.29
Volume: with volume greater than 63.87M
Target: 168.47 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages)
Stop: Depending on...
Entry: with price above 82.72
Volume: with volume greater than 2.71M
Target: 86.95 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages)
Stop: Depending on your...
AUDJPY - Intraday
There is no clear indication that the upward move is coming to an end.
Trend line support is located at 97.70.
Risk/Reward would be poor to call a buy from current levels.
A move through 98.00 will confirm the bullish momentum.
The measured move target is 98.50.
We look to Buy at 97.70 (stop at 97.45)
Our profit targets will be 98.35 and...
NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the daily chart.
Pivot resistance is at 0.6140.
We expect a reversal in this move.
A move through 0.6100 will confirm the bearish momentum.
The measured move target is 0.6050.
We look to Sell at 0.6140 (stop at 0.6166)
Our profit targets will be 0.6075 and 0.6060...
EURUSD - 24h expiry
The medium term bias remains bearish.
Buying pressure from 1.0695 resulted in all the initial daily selloffs being recaptured.
Buying posted in Asia.
There is scope for mild buying at the open but gains should be limited.
Expect trading to remain mixed and volatile.
We look to Sell at 1.0755 (stop at 1.0780)
Our profit targets will be...
NZDJPY - 24h expiry
Trading within a Bullish Channel formation.
Dips continue to attract buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
A lower correction is expected.
Bespoke support is located at 91.30.
We look to Buy at 91.30 (stop at 91.00)
Our profit targets will be 92.05 and 92.25
Resistance: 91.90 / 92.20...
AUDUSD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The selloff has posted a correction count on the daily chart.
Risk/reward is ample to call a buy trade.
Price action looks to be forming a bottom.
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the...
NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15)
Price action has formed a bullish ascending triangle formation.
There is no clear indication that the upward move is coming to an end.
Daily signals for sentiment are at overbought extremes.
In our opinion, this stock is overvalued.
A break of the recent high at 709.44 should result...
AUDUSD - Intraday
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The selloff has posted a correction count on the daily chart.
We are trading at oversold extremes.
Preferred trade is to buy on dips.
We look to Buy at 0.6480.
We look to Buy at 0.6480 (stop at 0.6456)
Our profit targets will be 0.6540...
EURNZD - 24h expiry
Broken out of the channel formation to the downside.
With resistance seen at 1.7690 and Marabuzo resistance at 1.7680, there is scope for selling rallies.
Preferred trade is to sell into rallies.
Short term MACD has turned negative.
50 4hour EMA is at 1.7692.
We look to Sell at 1.7685 (stop at 1.7735)
Our profit targets will be 1.7565...
