USDCHF to continue in the downward move?USDCHF - 24h expiry
Broken out of the channel formation to the downside.
Our short term bias remains negative.
Previous support level of 0.8965 broken.
Preferred trade is to sell into rallies.
50 4hour EMA is at 0.8987.
We look to Sell at 0.8987 (stop at 0.9012)
Our profit targets will be 0.8915 and 0.8905
Resistance: 0.8974 / 0.9004 / 0.9020
Support: 0.8950 / 0.8930 / 0.8912
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Tradeidea
CN50 dips continue to attract buyers.CHN50 - 24h expiry
Price action has continued to trend strongly lower and has stalled at the previous support near 13200.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 13400 will confirm the bullish momentum.
The measured move target is 13550.
We look to Buy at 13300 (stop at 13200)
Our profit targets will be 13500 and 13550
Resistance: 13400 / 13500 / 13550
Support: 13300 / 13250 / 13200
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
$MSFT $SNOW sympathy play, $390-$400 SupportNASDAQ:MSFT NYSE:SNOW — Microsoft is like a snail in this AI/ Tech race but I suppose that shows strength because no major drops and holding zones well. Bottoms after bottoms. I’m looking for short term calls here. As of today, ending week 2/28, I may try $405c. But can see this retest the $420s weeks to come.
WallStreetLoser
Nikkei forming a bottom?NIK225 - 24h expiry
Daily signals for sentiment are at oversold extremes.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Preferred trade is to buy on dips.
The hourly chart technicals suggests further downside before the uptrend returns.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
We look to Buy at 38080 (stop at 37643)
Our profit targets will be 39330 and 39660
Resistance: 39660 / 40720 / 42155
Support: 37705 / 36330 / 34955
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NZDUSD in a sequence of higher lows and highs.NZDUSD - 24h expiry
Trend line support is located at 0.5725.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5775 will confirm the bullish momentum.
We look to Buy at 0.5725 (stop at 0.5695)
Our profit targets will be 0.5800 and 0.5825
Resistance: 0.5775 / 0.5800 / 0.5825
Support: 0.5725 / 0.5700 / 0.5675
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURJPY forming a bottom?EURJPY - 24h expiry
Posted a Bullish Hammer Bottom on the 4 hour chart.
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Further upside is expected although we prefer to buy into dips close to the 156.97 level.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
We look to Buy at 156.75 (stop at 155.72)
Our profit targets will be 159.47 and 160.55
Resistance: 159.10 / 160.55 / 162.00
Support: 154.40 / 151.10 / 149.30
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
XAUUSD Trade Idea (24-2-2025) 1. Bearish Momentum: XAU/USD exhibits signs of downward pressure, signaling a potential sell opportunity.
2. Key Resistance: Gold faces resistance near recent highs, strengthening the bearish outlook.
3. Technical Breakdown: A breach of support levels indicates further downside potential.
4. Fibonacci Retracement: Gold’s retracement aligns with critical bearish Fibonacci levels.
5. RSI Divergence: Overbought conditions suggest a correction is imminent.
6. Fundamental Weakness: Stronger USD and higher yields weigh on gold prices.
7. Geopolitical Factors: Risk aversion may shift focus away from gold.
8. Target Projection: The bearish target is set at $2,900 for the upcoming week.
9. Stop-Loss Strategy: Risk management is essential to navigate volatility.
10. Market Confirmation: Await confirmation signals before entering short positions.
Nebius - A MASSIVE 113% Upside Potential!NASDAQ:NVDA recently bought shares of NASDAQ:NBIS
I'm riding as I see a 113% upside to $85! 🎯
- Bullish Channel
- Inverse H&S Breakout-retest-HIGHER!
- At Green Support Beam
- At Volume Shelf
- At Previous resistance to flip into support.
Not financial advice
Bullish Breakout for Sonic – Ideal Entry Levels to Watch!SET:SONIC (previously FTM) has broken above $0.733, confirming bullish momentum. However, a short-term pullback toward $0.645 - $0.618 could offer a better entry before the next move higher.
If support holds, the price may target $0.85 - $1.00, while a drop below $0.55 could weaken the bullish outlook. Patience is key for an optimal risk-reward setup.
CHINA50 to find support near market price?CHN50 - 24h expiry
Trend line support is located at 13265.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Risk/Reward would be poor to call a buy from current levels.
A move through 13350 will confirm the bullish momentum.
The measured move target is 13500.
We look to Buy at 13265 (stop at 13165)
Our profit targets will be 13465 and 13500
Resistance: 13250 / 13400 / 13500
Support: 13300 / 13265 / 13250
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Going Long with ADBE!ADBE after hitting take-profit, sold off during first hour of day and got stopped, only to reverse. Typically when trades start to win, they continue doing so, which is why I went long when the signal fired earlier.
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! ARKK and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off).
USDCAD in a corrective channel to continue in the downward move?USDCAD - 24h expiry
There is no clear indication that the downward move is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.4175 will confirm the bearish momentum.
The measured move target is 1.4125.
We look to Sell at 1.4235 (stop at 1.4285)
Our profit targets will be 1.4135 and 1.4125
Resistance: 1.4200 / 1.4235 / 1.4250
Support: 1.4150 / 1.4135 / 1.4125
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX intraday dips continues to attract buyers.AU200AUD - 24h expiry
Trend line support is located at 8500.
Further upside is expected although we prefer to buy into dips close to the 8500 level.
A move through 8550 will confirm the bullish momentum.
The measured move target is 8675.
Short term RSI has turned positive.
We look to Buy at 8500 (stop at 8440)
Our profit targets will be 8660 and 8675
Resistance: 8550 / 8600 / 8675
Support: 8525 / 8500 / 8450
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
$SOFI: DIP BUYING OPP. INBOUND!NASDAQ:SOFI : DIP BUYING OPP INBOUND!
Are you looking to buy more cheap Sofi shares?
Check this out then...
DIP BUY BOX: $13-$15 🎯
The indicator up top is the Williams %R and it is one of my favorite tools!
Do you see how every time we break above -20 or hit the Red barrier and reject we go all the way down to -80 or the Green Support Beam and vice versa? 👀
Yes, every single time since NASDAQ:SOFI went public back in 2020!
If you are a probabilities person like me then you understand that we most likely will at a minimum go to -80 and would put the price under $15, thus giving an opportunity to investors and traders.
The bullish side to this is this is great consolidation before the next BIG MOVE! Which I believe when the pendulum swings in the opposite direction we could swing to ATHs before getting to the Red barrier!!
This time could be different but the probabilities say it won't be friends. Hope you enjoyed this TA! Have a great Sunday!
Not financial advice
OSCR - This could be MASSIVE!NYSE:OSCR
Still doing my DD on this name but here are my thoughts on the technical side of the house.
Monthly Chart Analysis:
CupnHandle Breakout = $45 🎯
Bullish:
- CupnHandle forming
- At the first Volume Shelf with a GAP above
- In a bullish up trend
- Michael Burry bought at current prices
Bearish:
- S/R zone range is $10-$13.50
- Volume GAP down to $10ish
- Bottom of Bullish channel is $10ish
- Wr% is down-trending
My Opinion:
- I believe we will more than likely form a deeper handle due to the fact that the Wr% is down-trending. I've found that when we break above -20 and then start a bearish channel descent we get to -80 or to the green support beam before we bottom out and then bounce to the opposite end of the spectrum.
- This would bring us into the $10-12 range before we see a bounce.
- I believe this to be the case as we now have a red H5 Indicator that is almost making a bearish cross as well.
As I said I'm still doing my Fundamental DD on this name but if it does turn out to be fundamentally undervalued with a bright future then I would welcome this to fall further in order to buy more.
Not financial advice
HONEY won't fall down the WELL! Bottom is nearNASDAQ:HON - HoneyWell
- Uptrend since COVID (2020)
- At the bottom of the channel
- Massive Volume Shelf
- Key Support/ Resistance Area (S/R)
- Wr% at Green Support Beam
To me the downside looks limited here. When this ship turns it probably goes to $300🎯
Not financial advice