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. However, I am looking to play the pullback. So, I am looking for a possible buy stop entry at 756.25, where the 23.6% Fibonacci line is. Stop loss will be at 723.50, where the recent swing low is. Take profit will be at...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.67678, where the 61.8% Fibonacci line is. Stop loss will be at 0.66688, where the previous swing low and 50% Fibonacci line is. Take profit will be at 0.69161, where the previous swing...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 1.05948, where the previous high is to ride the bullish momentum upwards. Stop loss will be at 1.04431, where the 50% Fibonacci line and previous swing low is. Take profit will be at...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4101.65, slightly below where the 78.6% Fibonacci line...
Plug Power - Short Term - We look to Sell at 14.94 (stop at 16.92)
The medium term bias remains bearish. A break of the recent low at 13.68 should result in a further move lower. The sequence for trading is lower lows and highs. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Preferred...
USDJPY - Intraday - We look to Sell at 138.16 (stop at 139.16)
The rally was sold and the dip bought resulting in mild net losses yesterday. The medium term bias is neutral. Bespoke resistance is located at 138.16. A Fibonacci confluence area is located at 143.82. Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our...
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 33240.22, where the 23.6% Fibonacci line is. Stop loss will be at 32485.23, where the 38.2% Fibonacci line is. Take profit will be at 35411.35, where the 78.6% Fibonacci line and...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 0.67378, where the 38.2% Fibonacci line is. Stop loss will be at 0.66984, where the previous low is. Take profit will be at 0.67792, where the 61.8% Fibonacci line is.
Please be...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1.05062, where the 38.2% Fibonacci line is. Stop loss will be at 1.04762, where the 38.2% Fibonacci line is. Take profit will be at 1.05449, where the recent high and 61.8% Fibonacci line...
Looking at the H4 chart, my overall bias for XAGUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. With price tapping into my buy entry at 22.56150, where the 38.2% Fibonacci line is. Stop loss will be placed at 22.35795, where the 23.6% Fibonacci line is. Take profit will be at 22.91150, where the 23.6% and 61.8%...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy stop entry at 1790.59, where the 23.6% Fibonacci line is for the bullish momentum to bring price to the take profit 1810.03, where the previous swing high is. Stop loss will be placed at...
EURJPY - Intraday - We look to Sell at 145.05 (stop at 145.85)
Buying pressure from 143.17 resulted in prices rejecting the dip. The bias is still for lower levels and we look for any gains to be limited. The trend of lower highs is located at 146.14. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our...
EURNZD - Intraday - We look to Sell at 1.6649 (stop at 1.6689)
Trend line resistance is located at 1.6660. Prices expected to stall near trend line resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. However, the price seems to be heading towards the Ichimoku cloud, so I am looking for a sell at 1.04818, where the 38.2% Fibonacci line is. Stop loss will be at 1.05948, where the previous swing high is. Take profit...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4101.65, slightly below where the 78.6% Fibonacci line...
Alibaba - Short Term - We look to Buy at 87.66 (stop at 79.09)
Broken out of the wedge formation to the upside. Broken out of the Head and Shoulders formation to the upside. Neckline support is 85.91. The formation has a measured move target of 113.48. Further upside is expected although we prefer to set longs at our bespoke support levels at 87.66, resulting...
USDCHF - Intraday - We look to Sell at 0.9495 (stop at 0.9519)
Our short term bias remains negative. Daily signals are bearish. Trend line resistance is located at 0.9500. Bespoke resistance is located at 0.9500. Preferred trade is to sell into rallies. We look for a temporary move higher.
Our profit targets will be 0.9435 and 0.9425
Resistance: 0.9460 /...
