Technical & Trade View
NZDUSD
Bias: Bullish Above Bearish below .5738
Consider .5963 Target Achieved, New Pattern Emerging
Technicals
Primary support is at .5850
Primary pattern objective is .6164
Acceptance above .5965 next pattern confirmation
Failure below .58540 opens a test of .5738
20 Day VWAP bullish , 5 Day VWAP bullish
Technical & Trade View
EURUSD Bias: Bullish Above Bearish below .9890
Technicals
Primary support is .9890
Primary upside objective is 1.0284
Next pattern confirmation, acceptance above 1.00
Failure below .9815 opens a test of .9630
20 Day VWAP bullish, 5 Day VWAP bullish
Today’s New York Cut Option Expiries: 0.9800 (1.06BN), 0.9900 (201M), 0.9950...
Technical & Trade View
NZDCHF
Bias: Bullish Above Bearish below .5750
Technicals
Intraday .5750 is primary support
Primary pattern objective is .5947
Bullish reversal patterns at .5750 next pattern confirmation
Failure below .5750 opens a test of .5697
20 Day VWAP bullish , 5 Day VWAP bullish
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 699.50
Pivot: 687.75
Support: 672.50
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01345
Pivot: 0.99940
Support: 0.97525
Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud and price breaking the descending trendline which indicate a bullish market. The price may...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01345
Pivot: 0.99940
Support: 0.97525
Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud and price breaking the descending trendline which indicate a bullish market. The price may...
Technical & Trade View
Alphabet Inc (Google) Class A
Bias: Bullish Above Bearish below 92.54
Technicals
Intraday 86.85 is primary resistance
Primary pattern objective is 74.00
Acceptance below 83.00 next pattern confirmation
Acceptance above 92.54 opens a test of 98.65
20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum
Resistance: 1.00155
Pivot: 0.98445
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
Type: Bearish Momentum
Resistance: 1.00155
Pivot: 0.98445
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
GBPNZD
Bias: Intraday Bullish Above Bearish below 1.92
Technicals
Intraday 1.92 is primary support
Primary pattern objective is 1.98
Acceptance above 1.9425 next pattern confirmation
Failure below 1.92 opens a test of 1.8965
20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum
Resistance: 975.5
Pivot: 940.7
Support: 914.0
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing the Ichimoku cloud and breaking ascending channel , which indicate a bearish market. The price may drop from the pivot at 940.7, which is in line with the 38.2% fibonacci retracement to the 1st...
Type: Bearish Momentum
Resistance: 3914.00
Pivot: 3765.00
Support: 3507.75
Preferred Case: On H4, as the price moving below descending trendlines , we have a bearish bias that the price may drop from the pivot at 3765.00, which is in line with the 38.2% fibonacci retracement to the 1st support at 3507.75 where the swing low is.
Alternative scenario:...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 699.50
Pivot: 706.50
Support: 675.00
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 441.4
Pivot: 404.5
Support: 418.8
Preferred case: The current bias for ZM1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Overnight price had some bearish momentum,...
Title: Wheat Mini Futures ( XW1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 949'3
Pivot: 904'1
Support: 877'3
Preferred case: With the price moving above ichimoku cloud , we have a buillish bias that the price may rise from the pivot at 904'1, which is in line with the overlap resistance to the 61.8% fibonacci retracement to the 1st...
Type: Bearish Momentum
Resistance: 1.01315
Pivot: 0.99670
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.99670, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
