AUD/NZD intraday: the downside prevails as long as 1.0850 is resistance Our pivot point stands at 1.0850. Our preference: the downside prevails as long as 1.0850 is resistance. Alternative scenario: above 1.0850, look for 1.0870 and 1.0890. Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration...
Pivot: 1.830 If the price starts to rise - open trade at 1.837 Take 50% profit at 1.847 Take 100% profit at 1.854 1st Potential stop at 1.828 2nd Potential stop at 1.823
I have marked the Pivot at 80.46 I am placing my (1st) Stop loss just above the Pivot at 80.53 , if you are feeling like you may want to take a little more risk, go for the (2nd) Stop loss at 80.92 . I have set 2 take profit targets. If the trade goes in the direction i want, then i will be looking to take 50% profit at 79.42 and if the trade continues, I...
NZDJPY Potential Long Trade. Open the trade only if the candle stick reaches the marker point.
I want to see what happens, with this signal. The indicator has shown that this could be a potential short trade. This is in a downwards trend. On the 3rd bar after the signal which will be at 22:00 bar (Blank Arrow) this will be where we would enter the trade. The Stop loss has been marked, this is the last level of resistance.
Pivot: 108.20 Our preference: long positions above 108.20 with targets @ 109.40 & 109.90 in extension. Alternative scenario: below 108.20 look for further downside with 107.40 & 107.00 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 110.70 109.90 109.40 108.743...
Pivot: 1.4480 Our preference: short positions below 1.4480 with targets @ 1.4370 & 1.4310 in extension. Alternative scenario: above 1.4480 look for further upside with 1.4530 & 1.4575 as targets. Comment: the RSI is badly directed. Supports and resistances: 1.4575 *** 1.4530 *** 1.4480 *** 1.44227 Last 1.4370 *** 1.4310 *** 1.4260 **
Pivot: 0.9715 Our preference: long positions above 0.9715 with targets @ 0.9765 & 0.9795 in extension. Alternative scenario: below 0.9715 look for further downside with 0.9680 & 0.9655 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 0.9840 ** 0.9795 *** 0.9765...
Pivot: 1.1065 Our preference: long positions above 1.1065 with targets @ 1.1125 & 1.1155 in extension. Alternative scenario: below 1.1065 look for further downside with 1.1045 & 1.1030 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 1.1175 1.1155 1.1125 1.11038...
Pivot: 123.20 Our preference: long positions above 123.20 with targets @ 124.45 & 124.80 in extension. Alternative scenario: below 123.20 look for further downside with 122.80 & 122.35 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 125.40 ** 124.80 *** 124.45...
Pivot: 0.7860 Our preference: long positions above 0.7860 with targets @ 0.7930 & 0.7950 in extension. Alternative scenario: below 0.7860 look for further downside with 0.7840 & 0.7820 as targets. Comment: the RSI is well directed. Supports and resistances: 0.7975 *** 0.7950 ** 0.7930 *** 0.78979 Last 0.7860 *** 0.7840 *** 0.7820 ***
Pivot: 1.2980 Our preference: short positions below 1.2980 with targets @ 1.2880 & 1.2830 in extension. Alternative scenario: above 1.2980 look for further upside with 1.3020 & 1.3080 as targets. Comment: the RSI is mixed to bearish. Supports and resistances: 1.3080 1.3020 1.2980 1.28770 Last 1.2880 1.2830 1.2780
Our pivot point stands at 1.9684. Our preference:target 1.9489. Alternative scenario: above 1.9684, look for 1.9745 and 1.978. Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is below its 20 MA (1.9643) but above its 50 MA...
Our pivot point is at 1.8668. Our preference:the downside prevails as long as 1.8668 is resistance. Alternative scenario: above 1.8668, look for 1.8705 and 1.8728. Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at...
Our pivot point is at 1.4002. Our preference:as long as 1.4002 is support look for 1.4119. Alternative scenario: below 1.4002, expect 1.3965 and 1.3943. Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.4048 and 1.4024). Supports...
Our pivot point stands at 0.9522. Our preference:the downside prevails as long as 0.9522 is resistance. Alternative scenario: the upside breakout of 0.9522, would call for 0.9546 and 0.9561. Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under...
Pivot: 1.1445 Our preference: short positions below 1.1445 with targets @ 1.1370 & 1.1310 in extension. Alternative scenario: above 1.1445 look for further upside with 1.1480 & 1.1510 as targets. Comment: a break below 1.1370 would trigger a drop towards 1.1310. Supports and resistances: 1.1510 *** 1.1480 *** 1.1445 *** 1.3789 Last 1.1370 *** 1.1310 *** 1.1280 ***
Pivot: 1.4480 Our preference: short positions below 1.4480 with targets @ 1.4365 & 1.4310 in extension. Alternative scenario: above 1.4480 look for further upside with 1.4530 & 1.4575 as targets. Comment: a break below 1.4365 would trigger a drop towards 1.4310. Supports and resistances: 1.4575 *** 1.4530 *** 1.4480 *** 1.43999 Last 1.4365 *** 1.4310 *** 1.4240 ***