Price has just broken a key overlap resistance at 0.6430 and at the same time, we see bullish momentum from our short term ascending support and the bullish ichimoku cloud. This could provide enough momentum to take prices up to 0.6516 which is a major swing high resistance.
Our stop loss is placed at 0.6354 which is an overlap support.
GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925)
Previous support located at 1.9050.
Previous resistance located at 1.9150.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9150 will confirm the bullish momentum.
Our profit targets...
Zoom - 30d expiry - We look to Sell at 77.77 (stop at 82.43)
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
The primary trend remains bearish.
The stock is currently underperforming in its sector.
20 1 week EMA is at 78.
We look for a temporary move higher.
Preferred trade is to sell into...
XCUUSD - Intraday - We look to Sell a break of 4.099 (stop at 4.139)
Our bespoke support of 4.130 has been clearly broken.
Offers ample risk/reward to sell at the market.
We look for losses to be extended today.
Short term bias has turned negative.
Our profit targets will be 3.999 and 3.979
Resistance: 4.130 / 4.160 / 4.185
Support: 4.075 / 4.030 /...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1866.479, slightly above where the 38.2% Fibonacci line is. Stop loss will be at 1824.515, where the 50% Fibonacci line is. Take profit will be at 1929.060, where the recent high...
Looking at the H4 chart, my overall bias for USOIL is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 77.90, where the 23.6% Fibonacci line is. Stop loss will be at 72.42, where the recent swing low is. Take profit will be at 84.70, where the 61.8% Fibonacci line is.
Please be advised that...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 3922.13, where the 50% Fibonacci line is. Stop loss will be at 3764.49, where the 50% Fibonacci line and recent swing low is. Take profit will be at 4107.31, where the 78.6% Fibonacci...
Looking at the Daily chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.68636, where the 50% Fibonacci line is. Stop loss will be at 0.66291, where the recent swing low is. Take profit will be at 0.72662, where the 78.6% Fibonacci line is.
Please be...
Looking at the Daily chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1.07070, where the 38.2% Fibonacci line is. Stop loss will be at 1.04819, where the recent swing low is. Take profit will be at 1.09003, where the 50% Fibonacci line is.
Please be...
Union Pacific Corporation - 30d expiry - We look to Buy at 204.44 (stop at 194.90)
Prices have reacted from 183.70.
Levels below 205 continue to attract buyers.
This stock has seen good sales growth.
The primary trend remains bullish.
A break of 221.71 is needed to confirm follow through bullish momentum.
Our profit targets will be 227.88 and 232.88...
XCUUSD - Intraday - We look to Sell a break of 4.128 (stop at 4.168)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of the recent low at 4.130 should result in a further move lower.
50 2hour EMA is at 4.129.
Bearish divergence is expected to cap gains.
Our...
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1.34841, where the 50% Fibonacci line is. Stop loss will be at 1.36646, where the previous swing high is. Take profit will be at 1.32258, where the previous swing low is.
Please be advised...
Looking at the H4 chart, my overall bias for ALUMINIL is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 211.00, where the 50% Fibonacci line is. Stop loss will be at 201.40, where the recent swing low is. Take profit will be at 230.10, where the 38.2% Fibonacci line is.
Please be...
Looking at the H4 chart, my overall bias for IXIC is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 10753.57, where the 38.2% Fibonacci line is. Stop loss will be at 10207.47, where the recent swing low is. Take profit will be at 11521.97, where the 50% Fibonacci line is.
Please...
Looking at the H4 chart, my overall bias for NZDCAD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 0.85429, where the 50% Fibonacci line is. Stop loss will be at 0.84845, where the recent low is. Take profit will be at 0.86341, where the 50% Fibonacci line is.
Please be advised...
Looking at the H4 chart, my overall bias for GBPCHF is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 1.12686, where the 23.6% Fibonacci line is. Stop loss will be at 1.11843, where the 61.8% Fibonacci line is. Take profit will be at 1.14223, where the 78.6% Fibonacci line...
XRP - 24h expiry - We look to Buy a break of 0.3811 (stop at 0.3733)
Short term MACD has turned positive.
Short term momentum is bullish.
Short term bias has turned positive. 0.3713 has been pivotal.
Trades at the highest level in 26 days.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 0.3998 and 0.4098
Resistance:...
Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 3.9335, where the 23.6% Fibonacci line is. Stop loss will be at 3.7085, where the recent low is. Take profit will be at 4.4555, where the 88% Fibonacci line is.
Please be advised...
