Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 699.50
Pivot: 706.50
Support: 675.00
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 441.4
Pivot: 404.5
Support: 418.8
Preferred case: The current bias for ZM1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Overnight price had some bearish momentum,...
Title: Wheat Mini Futures ( XW1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 949'3
Pivot: 904'1
Support: 877'3
Preferred case: With the price moving above ichimoku cloud , we have a buillish bias that the price may rise from the pivot at 904'1, which is in line with the overlap resistance to the 61.8% fibonacci retracement to the 1st...
Type: Bearish Momentum
Resistance: 1.01315
Pivot: 0.99670
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.99670, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 715.25
Pivot: 706.50
Support: 675.00
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Overnight price had bullish momentum upwards with price currently trading at...
Type: Bullish Momentum
Resistance: 975.5
Pivot: 939.4
Support: 914.0
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud and ascending channel , which indicate a bullish market. The price may rise from the pivot at 939.4, which is in line with the 38.2% fibonacci retracement to the 1st resistance...
Technical & Trade View
GBPCAD
Bias: Bullish Above Bearish below 1.55
Option Expiry:
Technicals
Primary support is at 1.5530
Primary pattern objective is 1.5921
Acceptance above 1.5770 next pattern confirmation
Failure below 1.55 opens a test of 1.5380
20 Day VWAP bullish, 5 Day VWAP bearish
Technical & Trade View
GBPCHF
Bias: Bullish Above Bearish below 1.1375
Option Expiry:
Technicals
Primary support is at 1.1413
Primary pattern objective is 1.2027
Acceptance above 1.16 next pattern confirmation
Failure below 1.1350 opens a test of 1.1275
20 Day VWAP bullish, 5 Day VWAP bearish
Technical & Trade View
NZDUSD
Bias: Bullish Above Bearish below .5800
Option Expiry:
Technicals
Primary support is at .5825
Primary pattern objective is .5963
Acceptance above .5875 next pattern confirmation
Failure below .5790 opens a test of .5710
20 Day VWAP bullish, 5 Day VWAP bullish
Technical & Trade View
EURCHF
Bias: Bullish Above Bearish below .9800
Option Expiry: 0.9825 (666M)
Technicals
Primary support is at .9850/30
Primary pattern objective is 1.0039
Acceptance above .9950 next pattern confirmation
Failure below .9800 opens a test of .9740
20 Day VWAP bullish, 5 Day VWAP bearish
Type: Bearish Momentum
Resistance: 4013.50
Pivot: 3914.50
Support: 3641.00
Preferred Case: On H4, as the price moving below descending trendlines , we have a bearish bias that the price may drop from the pivot at 3914.50. which is in line with the overlap resistance and 50% fibonacci retracement to the 1st support at 3641.00 where the 61.8% fibonacci retracement...
Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1350.00
Support: 1375.75
Preferred case: The current bias for ZS1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Price had some bullish momentum upwards...
