EURUAD has completed the correction phase and now that we have seen the market environment shift Bullish we can expect another impulse to the upside to continue the trend. MACD Above 0 10MA Above 20 Price executed at pivot point Targets set at 1.272 of first impulse. +3 R/R Comment below which pair you would like to see next. - Nick
Simple and easy. I'm not really good with complicated stuffs so I thought this will be good Not a financial advise. Just some ideas from a crypto neubie :))
These are my key supports and resistance, actually DOT is following BTC moves.
14583.75 is the level. Above it is sustaining go long for a target of at least 50-60 points. safe can short puts .. Aggressive can buy ATM calls. Buy some quantity now and wait for retracement if it takes support at the level add more if not then stick with the same quantity. SL is 50 percent of the premium.
Looking for long on NZDCAD. Price has broke structure, now doing low high higher low. We are expecting price to now push the the next quarter minor level 0.88500
GOLD has formed a bullish trade channel in a pullback on higher time frames. 1780 is in view in the next bullish string.
EURJPY H4 Seeing some decent corrections across EURO markets this morning, specifically EU and EJ which is good for us and what we have marked up. We have been waiting for an EJ correction since early last week! We are always scouting for our H4 entries, so sizeable corrections like this are good for us and how we trade, especially when markets are very one...
GBPUSD has pulled back against the USD but remains very much in control. The key level to break at 1.3800 to proceed further downside. Choppy pattern expected coming week.
I haven't touched the stock market for a couple weeks now, but I'm starting to see some nice trade potential again. VLNS (this is a Canadian stock on the TSX) has been trading in a rather broad continuation triangle for days now. Today VLNS closed a daily candle above trendline resistance on the daily chart. My entry price to this trade will be around 1.85CAD...
GOLD is falling back against the rising yield. A short opportunity here will give a great opportunity to hit 1880 again.
GOLD bears are in very much control but they meet multiple support zone, weekly EMA support, trendline support, and bulls breakout level. A side-bound movement is seen before Gold will further decide its direction.
DXY H4 This throws a bit of a spanner in the works as we now have to wait for support above 91.000 to hold to confirm USD bulls. Realistically it's expected markets would have corrected beneath 91.000 as we saw a 1400 point rally. It's only natural it sees a relative market correction. Looking for a bit more from the USD across the board to confirm USD...
The Gold has completed its retracement phase and ready to fall below the 1700 level for a heavy sell in the 1600 zone. The next target is 1680 in the near-term where it will decide the long-term direction.
Buyers will wait to enter a rebound trade from 1.3700, outlook remains solid for bulls. Good luck with your trades.
Gold has and yet again rejected from resistance. Target in view is 1750 to the downward. Good luck with your trades.
GBPJPY has a perfect uptrend to trade on a pullback and ride on the trend for further highs. A buy entry at 147.95 would be the best opportunity. Good luck with your trades.