Saipem is trading in an uptrend on a daily chart. Zooming in at 1 hr chart, we see the beginning of a movement upwards with strong volumes - not shown here. Natural target at first resistance - 0.57
EurJpy is a short below 120.50 - 1st target at 0.38 Fib -118.500. Second target at 116.700 - 0.50 Fibonacci retracement Follow us on www.wallstreetimes.com
Let's see if 1.04 will hold the downwards movement. If not, it is suggested to short the pair.
USdSek is a short with target 0.5 Fub retracement at 8.67 For further update ideas and technical analysis please see our website: www.wallstreetimes.com
Above 84 at weekly close, NzdJpy is a long. Strong horizontal resistance is detected around 84. A weekly close, above this level, is an opportunity for triggering a long trade.
Above 115.6, UsdJpy is a long. If next 4 hrs candle does not close above 115.60, a reverse is predictable
Below the support low at 1.38100, it is suggested a short with target at 1.35
On a daily chart, the pair has missed to form higher/ highs and higher/lows. That suggest the ending of the uptrend. Furthermore, the ascending channel has been broken. We do suggest a short below 1.30 with first target at 1.28100 and second at 1.25. PLease follow us for further trading ideas and financial news at our weekly magazine at: www.wallstreetimes.com
Below 8.35, it is suggested a short with target a 7.42
Cross is moving downwards aiming to hit the horizontal support at 1.59., which is the target of the strategy.
Cross is moving downwards in a well defined channel. Shorts at market with target at 8.88649
Below the last bars low at 1.05, it is suggested to short the pair. Target at 1.0362. Stop loss above the high of the last bar
Below 9.5080, there is a good short entry in direction of trend. Target at 9.47
A reversal pin ball is warning us that the cross might be in bearish hands. Below the low at 0.8444, it is suggested a short with target at 0.834; previous support.
Looking to short the stock in case of a close below 17 Euro. Target at 13.27 which is equal to .618 Fib retrace. Stop loss above 18.75
Cross is moving downward in a stable way. First target can be detected at 139.315, where we see a confluence of a 38.2% Fib retracement and a clear horizontal support, which can be retrieved from the top in September 2016.
The pair has clearly broken the ascending channel. First target is at 83.500 - based on Fibonacci retracement
Channel is now broken. Stop loss at 146.500. Take profit at144.500