jamstock

jamstock Updated 

Bitcoin is still in a downtrend and has pulled back to a swing level. We can see some bearish rejection of that level but nothing major. I will risk a small trade on this one as downside potential is quite big. Entry 6463 SL 6700

jamstock

GBPJPY is approaching a significant weekly swing level. Looking to go short is a sell signal is printed at this level

jamstock

NZDJPY has broken down through weekly support level at around 76. Now waiting for sell signals off that level to get short in line with the downtrend. If price breaks back above that level then we will be looking to go long on pullbacks.

jamstock

The S&P 500 is in an uptrend and approaching a significant resistance level at 2787. We are watching this level for sell signals to go short. Alternatively if price breaks through that level, we will be looking for buy signals on pullbacks to go long.

jamstock

XAUUSD has had quite a strong bullish reaction off the weekly support level at 1246.81 We are looking to long on any pullbacks and buy signals, UNLESS we see a convincing sell signal at 1264.27 swing level, in which case we will look to go short. Overall our bias is bullish at this stage.

jamstock

XAGUSD has broken down through it's consolidation support level at 16.21. Looking to go short on pullbacks and sell signal from that level. Target next weekly support.

jamstock

EURUSD is still in an uptrend on the weekly chart. We are looking for a clear break above the 128.6 - 129.4 support zone and a pullback + buy signal at that level to go long.

jamstock

USDJPY has been in an uptrend in recent weeks and has reached a minor weekly resistance structure level. It looks likely that the level will hold and so we are potentially looking to go short on a retracement of the bearish candle printed last friday. Our preferred strategy is to wait and look to go long at the 108.63 level.

jamstock

NZDUSD is in a big range on the weekly chart. Price has recently broken below the weekly range support level at around 0.6855 If a sell signal forms on this level, then we can look to go short. If it break above this level, then we can look to go long. The last weekly candle looks quite bullish so a break above this level seems fairly likely

jamstock

After a long downtrend in the past few weeks, AUDUSD has hit a weekly support structure level and looks like it could possibly be turning around. We are looking for a break above the 0.7446 level, and then a pullback and a convincing buy signal as that swing level acts as old resistance/ new support. Alternatively (perhaps our preferred strategy) if price gets...

jamstock

GBPUSD Is still in a downtrend but market may possibly be turning around after reaching a minor weekly support level. If price breaks above 1.3285 level we will be looking for pull backs to that level and buy signals to get in long. Otherwise if the downtrend is still intact and a sell signal is printed at that level we will be looking to go short. We would...

jamstock

EURUSD has been in a downtrend in recent weeks. It has recently hit major weekly support structure and formed a tripple bottom. The market seems likely to be turning around from this level and we may be seeing an emerging uptrend. Price has broken above a previous swing level at 1.1755, so we will be looking for buy signals on pullbacks to that level to get...

jamstock

Big bearish reaction off weekly resistance level. Price has pulled back a bit and printed a small bearish rejection candle. Looks likely to continue selling off Entry on break of low of previous candle, or 50% retracement of previous candle SL above high of previous candle

jamstock

There is a possibility of a range emerging for the USDJPY. Rejection candle has been printed at the top of the range and could be a good opportunity for a short trade to range bottom. Entry 110.77 SL 111.22

jamstock

The S&P 500 has printed a bearish rejection candle off a minor resistance level that could see some bearish follow through. Also looks like a head and shoulders pattern is forming. We can also see some upper tails in the last couple of days indicating rejection of that level. Retracement entry at 2725 SL 2750 Target 1 2676 Target 2 2594

jamstock

EURNZD has gapped from the mean (20 EMA) and is very overextended. Expecting price to sell off from this level. Market has sold off aggressively from this level in the recent past. Looking to get a retracement entry at 1.7300 SL 1.7380

jamstock Updated 

If the price drops a sell signal (bearish reversal candle) at the upcoming resistance level then expect prices to go down

jamstock

NZDJPY has broken weekly support. Looking for pullbacks to previous support level around 75.7 and sell signal to get short