HK50 - Intraday - We look to Sell at 19560 (stop at 19821) We are trading at overbought extremes. A Doji style candle has been posted from the high. Price action looks to be forming a top. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Further downside is expected although we prefer...
DJ30 - Intraday - We look to Buy at 32824 (stop at 32600) Intraday, and we are between bespoke support and resistance 32824-33421. Expect trading to remain mixed and volatile. We have a 61.8% Fibonacci pullback level of 32821 from 32439 to 33439. Preferred trade is to buy on dips. Our profit targets will be 33421 and 33779 Resistance: 33422 / 33779 /...
EURJPY - Intraday - We look to Sell at 141.65 (stop at 142.50) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. A higher correction is expected. Our short term bias remains negative. We look to sell rallies. Our profit targets will be 139.20 and 138.45 Resistance: ...
Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible pullback buy entry at 656.00, where the 78.6% Fibonacci line is. Stop loss will be at 644.00, where the recent swing low is. Take profit will be at 669.75, where the 161.8% Fibonacci extension...
Looking at the H4 chart, my overall bias for ZW1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible pullback buy entry at 761.50, where the 78.6% Fibonacci line is. Stop loss will be at 744.75, where the 23.6% Fibonacci line is. Take profit will be at 785.50, where the previous swing high and...
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3922.13, where the 23.6% Fibonacci line is. Stop loss will be at 4100.96, where the recent high is. Take profit will be at 3741.65, where the 61.8% Fibonacci line is. Please be advised that...
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 0.67895, where the 61.8% Fibonacci line is. Stop loss will be at 0.68932, where the previous swing high is. Take profit will be at 0.66383, where the previous swing low and support are...
Looking at the H4 chart, my overall bias is bullish for EURUSD because the current price is above the Ichimoku cloud, indicating a bullish market. I'm still watching for a possible buy stop entry at 1.06581, which corresponds to the 50% Fibonacci line and recent highs. The stop loss will be set at 1.05758, the recent low. The take profit level will be 1.07363,...
US2000 - Intraday - We look to Sell at 1785 (stop at 1805) Buying pressure from 1720 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit...
GBPUSD - Intraday - We look to Sell at 1.2270 (stop at 1.2335) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective,...
Ethereum - Intraday - We look to Buy at 1191 (stop at 1167) Previous resistance, now becomes support at 1190. Prices have reacted from 1150. We look for a temporary move lower. We are trading at oversold extremes. Our profit targets will be 1249 and 1259 Resistance: 1215 / 1225 / 1250 Support: 1200 / 1190 / 1170 Please be advised that the information...
Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 650.00, where the 50% Fibonacci line is. Stop loss will be at 644.00, where the recent swing low is. Take profit will be at 660.00, where the previous swing high is. Please be...
Looking at the H4 chart, my overall bias for ZW1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible sell stop entry at 745.75, where the 23.6% Fibonacci line is. Stop loss will be at 761.50, where the 78.6% Fibonacci line is. Take profit will be at 731.25, where the -27.2% Fibonacci expansion...
Looking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 33418.59, where the previous low is. Stop loss will be at 33899.17, where the 61.8% Fibonacci line is. Take profit will be at 32485.23, where the 161.8% Fibonacci extension line is. Please...
Based on the H4 chart, my overall bias for the AUDUSD is bearish because the current price is below the Ichimoku cloud, indicating a bearish market. We're looking for a sell entry at 0.66795, the previous low. The stop loss will be at 0.67441, which is the recent high and the 23.6% Fibonacci line. The take profit level will be 0.65848, which is the previous...
Looking at the H4 chart, my overall bias is bullish for EURUSD because the current price is above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy stop entry at 1.06581, which corresponds to the 50% Fibonacci line and recent highs. The stop loss will be set at 1.05758, the recent low. The take profit level will be 1.07363, which is the...
SPI200 - Intraday - We look to Sell at 7165 (stop at 7215) Buying pressure from 7018 resulted in prices rejecting the dip. With the Ichimoku cloud resistance above we expect gains to be limited. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. ...
DJ30 - Intraday - We look to Sell at 33080 (stop at 33480) 4 negative daily performances in succession. There is no clear indication that the downward move is coming to an end. 33080 has been pivotal. There is scope for mild buying at the open but gains should be limited. Bespoke support is located at 31450. Our profit targets will be 31450 and 28928 ...