On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 676.75, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Looking to take profit at 632.00, where the 50% Fibonacci...
On the H4 chart, the overall bias for EURJPY is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 145.634, where the 23.6% Fibonacci line is. Stop loss will be at 147.110, where the previous swing high was. Looking to take profit at 141.677, where the 61.8% Fibonacci line is...
On the H4 chart, the overall bias for USDJPY is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 141.034, where the 23.6% and 50% Fibonacci lines are located. Stop loss will be at 143.531, slightly above where the 38.2% Fibonacci line is located. I am looking to take profit at...
On the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a buy at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at...
Union Pacific Corporation
Short Ter m - We look to Buy at 205.26 (stop at 192.50)
A bullish reverse Head and Shoulders is forming. Previous resistance at 205.00 now becomes support. Support could prove difficult to breakdown. Preferred trade is to buy on dips. Further upside is expected.
Our profit targets will be 241.01 and 260.00
Resistance: 240.00 /...
XRP
Intraday - We look to Buy a break of 0.4011 (stop at 0.3839)
0.3993 has been pivotal. Bespoke resistance is located at 0.4000. A break of the recent high at 0.3993 should result in a further move higher. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end.
Our profit targets will be 0.4439 and 0.4499...
GBPJPY
Intraday - We look to Sell at 168.00 (stop at 169.40)
We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a...
With the price moving above the ichimoku cloud and breaking the descending trend line on the H4 chart, we are looking for a pullback buy entry at 32818.16, where the 50% Fibonacci line is located. Take profit will be at 35411.35, which is the previous swing high and the 78.6% Fibonacci line. The stop loss will be set at 31711.78, just below the 38.2% Fibonacci...
On H4 chart, we have a bearish bias with the price moving below the ichimoku cloud. We are looking for a pullback sell entry at 145.634, where the 23.6% Fibonacci line is. Stop loss will be at 147.110, where the previous swing high was. Take profit will be at 141.677, where the 61.8% Fibonacci line is.
Please be advised that the information presented on...
On the H4 chart, the overall bias for ZC1! is bearish. Furthermore, the price is trading below the Ichimoku cloud, indicating a bearish market. Price has reached our sell entry point at 661.75, which is also the 23.6% Fibonacci line. The stop loss will be placed at 685.25, just above the 61.8% Fibonacci retracement line. The 50% Fibonacci line will serve as the...
On H4 chart, we have a bullish bias for AUDUSD with the price moving above the Ichimoku cloud. Looking for a pullback buy entry at 0.65473, where the 38.2% Fibonacci line is located. Stop loss will be at 0.63864, where the previous swing low and 61.8% Fibonacci line is located. Take profit will be at 0.68842, where the previous swing high and 78.6% Fibonacci line...
On H4 chart, we have a bullish bias for EURUSD with the price moving above the Ichimoku cloud. Looking for a pullback buy entry at 1.01883, where the 23.6% and 38.2% Fibonacci lines are located. Stop loss will be at 0.99471, slightly above where the 78.6% Fibonacci line is located. Take profit will be at 1.06014, where the previous swing high and 38.2% Fibonacci...
United Health Group
Short Term - We look to Buy a break of 506.00 (stop at 485.43)
The primary trend remains bullish. A sequence of daily higher highs and lows has been posted. We can see no technical reason for a change of trend. Trend line support is located at 500.00. Further upside is expected.
Our profit targets will be 558.58 and 580.00...
Ethereum
Intraday - We look to Buy a break of 1346 (stop at 1293)
Prices have reacted from 1070. A break of the recent high at 1345 should result in a further move higher. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. 1344 has been pivotal.
Our profit targets will be 1479 and 1499
Resistance: 1280...
GBPJPY
Intraday - We look to Sell at 167.15 (stop at 168.30)
We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 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...
The overall bias for ZC1! on the H4 chart is bullish. In addition, the price is above the Ichimoku cloud , indicating a bullish market. Looking for a retracement buy entry at 1.01883, where the 38.2% Fibonacci line is located. Stop loss will be at 0.99471, slightly below where the 61.8% fibonacci line is located. Take profit will be at 1.06014, where the previous...
The overall bias for ZC1! on the H4 chart is bearish . In addition, the price is below the Ichimoku cloud, indicating a bearish market. Price has tapped into our sell entry point at 661.75, where the 23.6% Fibonacci line is located. The stop loss will be at 685.25, just above the 61.8% Fibonacci line. The take profit point will be at 632.00, which is the 50%...
On H4 chart, we have a bearish bias for USDJPY with the price moving below the Ichimoku cloud. Looking for a pullback sell entry at 0.95556, where the 23.6% and 78.6% Fibonacci line is located. Stop loss will be set at 0.96595, where the 38.2% and 61.8% Fibonacci lines are located. Take profit will be at 0.91588, where the 127.2% Fibonacci extension line...
