Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.67378, where the 38.2% Fibonacci line is. Stop loss will be at 0.66984, where the previous low is. Take profit will be at 0.67792, where the 61.8% Fibonacci line is.
Please be...
Looking at the H4 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 1.05062, where the 38.2% Fibonacci line is. Stop loss will be at 1.04762, where the 38.2% Fibonacci line is. Take profit will be at 1.05449, where the recent high and 61.8% Fibonacci line...
Looking at the H4 chart, my overall bias for XAGUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. With price tapping into my buy entry at 22.56150, where the 38.2% Fibonacci line is. Stop loss will be placed at 22.35795, where the 23.6% Fibonacci line is. Take profit will be at 22.91150, where the 23.6% and 61.8%...
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 possible buy stop entry at 1790.59, where the 23.6% Fibonacci line is for the bullish momentum to bring price to the take profit 1810.03, where the previous swing high is. Stop loss will be placed at...
EURJPY - Intraday - We look to Sell at 145.05 (stop at 145.85)
Buying pressure from 143.17 resulted in prices rejecting the dip. The bias is still for lower levels and we look for any gains to be limited. The trend of lower highs is located at 146.14. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our...
EURNZD - Intraday - We look to Sell at 1.6649 (stop at 1.6689)
Trend line resistance is located at 1.6660. Prices expected to stall near trend line resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. However, the price seems to be heading towards the Ichimoku cloud, so I am looking for a sell at 1.04818, where the 38.2% Fibonacci line is. Stop loss will be at 1.05948, where the previous swing high is. Take profit...
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 possible buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4101.65, slightly below where the 78.6% Fibonacci line...
Alibaba - Short Term - We look to Buy at 87.66 (stop at 79.09)
Broken out of the wedge formation to the upside. Broken out of the Head and Shoulders formation to the upside. Neckline support is 85.91. The formation has a measured move target of 113.48. Further upside is expected although we prefer to set longs at our bespoke support levels at 87.66, resulting...
USDCHF - Intraday - We look to Sell at 0.9495 (stop at 0.9519)
Our short term bias remains negative. Daily signals are bearish. Trend line resistance is located at 0.9500. Bespoke resistance is located at 0.9500. Preferred trade is to sell into rallies. We look for a temporary move higher.
Our profit targets will be 0.9435 and 0.9425
Resistance: 0.9460 /...
GBPUSD - Intraday - We look to Buy at 1.2075 (stop at 1.1990)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The trend of higher lows is located at 1.1900. The preferred trade is to buy on dips.
Our profit targets will be 1.2325...
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. However, I am looking to play the pullback sell. Looking for a sell entry at 1786.53, where the 23.6% Fibonacci line is. Stop loss will be at 1810.03, where the previous swing high is. Take profit will be at 1745.09,...
Looking at the H4 chart, my overall bias for GBPAUD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1.810870, where the 23.6% Fibonacci line is. Stop loss will be at 1.770140, where the previous swing low is. Take profit will be at 1.852285, where the -61.8% Fibonacci expansion line and...
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a retracement sell entry at 137.674, where the previous swing low is located. Stop loss will be at 140.799, where the 23.6% Fibonacci line is. Take profit will be at 130.405, where the previous swing low...
Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 0.67816, where the 61.8% Fibonacci line is. Stop loss will be at 0.69161, where the 78.6% Fibonacci line and previous high is. Take profit will be at 0.66373, where the previous low and...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. However, I am looking to play a reversal. Looking for a sell entry at 34300.40 where the previous high is. Stop loss will be placed at 35411.35, where the 78.6% Fibonacci line is. Take profit will be at 33240.22,...
NZDUSD - Intraday - We look to Buy at 0.6300 (stop at 0.6225)
Previous support located at 0.6300. Previous resistance located at 0.6400. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 0.6350 will confirm the bullish momentum.
Our profit targets will be 0.6450...
CHN50 - Intraday - We look to Buy at 12540 (stop at 12380)
Selling pressure from 13067 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We, therefore, prefer to fade into the dip with a tight stop in anticipation of a move back...
