EURAUD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. Intraday signals are mixed. Preferred trade is to buy on dips. Bespoke support is located at 1.6250. We look to Buy at 1.6250 (stop at 1.6210) Our profit targets will be 1.6350 and 1.6400...
USDCHF - 24h expiry Our short term bias remains negative. The lack of interest is a concern for bulls. A break of the recent low at 0.9045 should result in a further move lower. Preferred trade is to sell into rallies. 50 4hour EMA is at 0.9079. We look to Sell at 0.9078 (stop at 0.9102) Our profit targets will be 0.9018 and 0.9008 Resistance: 0.9070 /...
Hello traders, we want to check the GBPCAD chart. The price is in a descending channel and 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 1.70500. Good luck.
EURNZD - 24h expiry Daily signals are mildly bullish. Dips continue to attract buyers. 1.7966 has been pivotal. A break of the recent high at 1.7966 should result in a further move higher. We are trading at overbought extremes. We look to Buy a break of 1.7971 (stop at 1.7931) Our profit targets will be 1.8071 and 1.8091 Resistance: 1.7947 / 1.7966 /...
Market Analysis PT2/2 (13th May 2024) XAUUSD Analysis On the daily timeframe, we have created a Change of Character to the upside at the 2352 level. Currently price is creating a pullback towards that key level. What i want to see is for price to come down lower towards the 2352 level before deciding whether to long or short. If price fails to create a 15...
Hello traders, we want to check the GBPUSD chart. The price is moving in a downward trend and if the price pulls back to the specified resistance level, we expect this level to maintain the downward trend and the price will fall to around 1.24200. Good luck.
Hello traders, we want to check the EURUSD chart. The general trend of the market is bearish and the price has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 1.06800. Good luck.
EURNZD - 24h expiry Price action is forming a bearish flag which has a bias to break to the downside. Trend line resistance is located at 1.7960. Rallies should be capped by yesterday's high. We look for a temporary move higher. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.7950 (stop at 1.8000) Our profit targets will...
Hello traders, we want to check the AUDCAD 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 0.89800. Good luck
There are 2 points to be noticed in the daily chart of REC Ltd 1. There was a breakout from the downtrend on 26th April 2. The resistance was broken on 2nd May but then we saw a selling pressure in the stock but the candle made today is a decent bullish candle and this could be a breakout as well. Can buy for targets of 570 & 590. Educational purpose only
GBPAUD - Intraday - We look to Buy at 1.8925 (stop at 1.8875) Price action looks to be forming a bottom. Bullish divergence is expected to support prices. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Preferred trade is to buy on dips. Bespoke support is located at 1.8925. Our profit targets will be...
AUDUSD - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. Setbacks should be limited to yesterday's low. Bespoke support is located at 0.6575. Preferred trade is to buy on dips. We look to Buy at 0.6575 (stop at 0.6549) Our profit targets will be 0.6640 and 0.6650 Resistance: 0.6635 / 0.6665 /...
EURGBP - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. A lower correction is expected. Preferred trade is to buy on dips. Bespoke support is located at 0.8565. We look to Buy at 0.8565 (stop at 0.8545) Our profit targets will be 0.8615 and 0.8625 Resistance: 0.8595 / 0.8610 / 0.8625 Support: 0.8565 /...
Hello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has made a pullback after breaking through a resistance zone. We expect the price to maintain its upward trend and the price will grow to around 1.26600. Good luck.
🚀 ACA Limit Buy Signal 📈 ACA is showing strong potential for gains. Remember: "Buy low, sell high." Stick to your strategy and stay disciplined for successful trading. 📈 Entry: 0.0715 🛑 SL: 0.0441 🎯 Target 1: 0.1198 🎯 Target 2: 0.1676 🎯 Target 3: 0.3183 🎯 Target 4: 0.4853 Keep learning with ML Master trading insights.
Hey guys! Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target. If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for...
XPDUSD - 24h expiry Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. Preferred trade is to sell into rallies. 20 4hour EMA is at 946. Risk/Reward would be poor to call...
GBPAUD - 24h expiry The medium term bias remains bearish. The sequence for trading is lower lows and highs. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9250. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9150 / 1.9250...