GBPUSD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.2660. We look to Sell at 1.2660 (stop at 1.2690) Our profit targets will be 1.2585 and 1.2565 Resistance: 1.2660 / 1.2690 /...
Hello traders, we want to check the EURUSD chart. After moving in a descending channel, the price has reached an identified key level that the price has reacted to several times in the past. We expect this level to play the role of a support level and maintain the downward trend of the price and the price will grow up to around 1.08600. Good luck.
BINANCE:FTMUSDT (1D CHART) Technical Analysis Update FTM is currently trading at $0.4322 and showing overall bullish sentiment Current price is around the resistance zone and looking to breakout from the resistance. The resistance breakout can push the price of the FTM higher and we have a good opportunity for LONG trade Entry level: $ 0.4517 Stop loss level: $...
AUDUSD - 24h expiry The primary trend remains bearish. The rally has posted a correction count on the daily chart. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 0.6560. We look to Sell at 0.6560 (stop at...
EURJPY - Intraday Price action looks to be forming a top. A lower correction is expected. Short term bias is bullish. 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 the 163.40 level. We look to Buy at 163.40 (stop at 162.30) Our...
FRA40 - 24h expiry There is no indication that the rally is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 8250 will confirm the bullish momentum. The measured move target is 8300....
On Bitcoin we are trading according to yesterday's scenario. We got a full-fledged rebound and again changed the medium-term trend to upward. Now we are in the selling zone ($67,000-$68,200), but the priority remains with the longs. Locally we can drop to $66,400-$66,000(local buyer aggression) and continue the movement, or get a more protracted correction to...
Hello traders, we want to check the EURCHF chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.9600. Good luck.
Trade idea NVIDIA - 48h expiry - We look to Buy at 870.50 (stop at 846.50) As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. This has resulted in a large symmetrical triangle formation being posted on the intraday chart. Trend line support is located at 870. The bias is to break to the upside. The primary...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello traders, we want to check the NZDJPY chart. The general trend of the market is bullish and the price is making a correction to the specified support level and the bottom of the ascending channel. We see a divergence in the RSI indicator, so we expect the specified level to maintain the upward trend of the price and the price will grow to around 91.800. Good luck.
GBPUSD - 24h expiry Previous resistance at 1.2700 now becomes support. Offers ample risk/reward to buy at the market. Daily signals are mildly bullish. Bullish divergence is expected to support prices. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to Buy at 1.2700 (stop at 1.2666) Our profit...
Hello traders, we want to check the GBPUSD chart. The price is moving in a descending channel. We expect that the specified resistance level will maintain the downward trend of the price and the price will fall to around 1.26800. Good luck.
Hello traders, we want to check the EURUSD chart. The price is moving in a downward channel. If the price pulls back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to 1.08400. Good luck.
Hello traders, we want to check the CADJPY chart. After moving in an ascending channel, the price has reached the specified resistance level. If the price cannot break this level, we expect it to fall around 110,300. Good luck.
Hello traders, we want to check the CHFJPY chart. The general trend of the market is bearish and the price has pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 167,900. Good luck.
Hello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and after failing to break the specified resistance level, it has had a correction to the specified support level. We expect this level to maintain the upward trend of the price and the price will once again grow to the resistance level. Good luck.
NIO (NIO): NYSE:NIO NIO has recently slipped below the $7 mark, signaling a possible continuation of its significant downward trajectory. After peaking at $66.99, NIO has been on a prolonged decline that shows no immediate signs of concluding. While the descent is expected to persist, it's critical that the price stays above the $1.19 threshold to maintain a...