FTSE100 - Intraday - We look to Buy at 7400 (stop at 7340)
Previous support located at 7450. Previous resistance located at 7500. Further upside is expected although we prefer to set longs at our bespoke support levels at 7400, resulting in improved risk/reward. A move through 7500 will confirm the bullish momentum.
Our profit targets will be 7550 and 7600
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On H4 chart, we have a bearish bias for EURUSD with the price moving below the Ichimoku cloud. Looking for a sell at 1.03372, where the 50% Fibonacci lines are located. Stop loss will be at 1.04818, where the previous high is located. I am looking to take profit at 1.00937, where the 50% Fibonacci line is located.
Please be advised that the information presented...
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 retracement buy entry 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...
Microchip Technology - Short Term - We look to Sell at 74.14 (stop at 80.98)
Momentum is stalling with the posting of new highs and indicates bearish divergence. Bearish divergence is expected to cap gains. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move lower. We have a Gap open...
GER40 - Intraday - We look to Sell at 14439 (stop at 14521)
We are trading at overbought extremes. Bearish divergence is expected to cap gains. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move higher. The bearish engulfing candle on the 4 hour chart is negative for sentiment....
GBPCHF - Intraday - We look to Sell at 1.1340 (stop at 1.1410)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1.1366. A Doji style candle has been posted from the high. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction...
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 retracement buy entry 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...
On the H4 chart, the overall bias for OJ is bearish. To add confluence to this, price is crossing the Ichimoku cloud which indicates a bearish market. Looking for an immediate sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are located. Stop loss will be set at 2.2944, where the previous swing high is located. I am looking...
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. With price tapping into my sell entry at 675.00, where the 50% Fibonacci line is, I am looking to take profit at 632.00, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8%...
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...
On H4 chart, we have a bearish bias for USDJPY with the price moving below the Ichimoku cloud. With price tapping into our 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...
Nike Inc - Intraday - We look to Buy at 99.72 (stop at 91.56)
Broken out of the channel formation to the upside. We have a Gap open at 99.72 from 10/11/2022 to 11/11/2022. Further upside is expected although we prefer to buy into dips close to the 99.72 level. Expect trading to remain mixed and volatile.
Our profit targets will be 118.44 and 139.00
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XRP - Intraday - We look to Buy at 0.3282 (stop at 0.3139)
The previous swing low is located at 0.3200. We look to buy dips. We are trading at oversold extremes.
Our profit targets will be 0.3629 and 0.3689
Resistance: 0.3600 / 0.3750 / 0.3850
Support: 0.3500 / 0.3400 / 0.3300
Please be advised that the information presented on TradingView is provided...
AUDJPY - Intraday - We look to Buy at 92.70 (stop at 92.15)
Previous support located at 93.00. Previous resistance located at 94.00. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 94.00 will confirm the bullish momentum.
Our profit targets will be...
On the H4 chart, the overall bias for USDCHF is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Price has tapped into my sell entry at 0.95556, where the 23.6% and 78.6% Fibonacci lines are. Stop loss will be at 0.96595, where the 38.2% and 61.8% Fibonacci lines are located. Looking to take profit at...
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 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...
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...
