Bank of America Corp - Short Term - We look to Buy at 37.17 (stop at 35.28)
Posted a Double Bottom formation. Prices are extending higher from the bullish flag/pennant formation. The formation has a measured move target of 44.30. Further upside is expected although we prefer to set longs at our bespoke support levels at 37.17, resulting in improved risk/reward....
USDJPY - Intraday - We look to Sell at 137.50 (stop at 138.50)
Traded to the lowest level in 68 days. The 261.8% Fibonacci extension is located at 133.72 from 152.01 to 145.02. There is no clear indication that the downward move is coming to an end. Previous support now becomes resistance at 137.50. Intraday signals are far from strong.
Our profit targets...
EURJPY - Intraday - We look to Buy at 141.00 (stop at 140.20)
We are trading at oversold extremes. A higher correction is expected. Previous support is located at 140.90. Further upside is expected although we prefer to buy into dips close to the 141.00 level.
Our profit targets will be 143.35 and 143.85
Resistance: 144.85 / 148.40 / 151.00
Support: ...
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 pullback sell entry at 804.00, where the 38.2% Fibonacci line is. Stop loss will be at 820.25, where the 61.8% Fibonacci line is. Take profit will be at 767.50, where the 88% Fibonacci line is.
Please be...
Looking at the H4 chart, my overall bias for Z01! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell stop entry at 378.250, where tyhe 38.2% Fibonacci line is. Stop loss will be at 390.500, where the previous swing high is. Take profit will be at 362.500, where the 61.8% Fibonacci line is.
Please be...
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 pullback buy entry at 0.67816, where the 61.8% Fibonacci line is. Stop loss will be at 0.66402, slightly below where the 50% Fibonacci line and where the swing low is. Take profit will be at 0.69161,...
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 possible buy entry at 1.03642, where the 50% Fibonacci line is. Stop loss will be placed at 1.02225, slightly above the 38.2% Fibonacci line and where the swing low is. Take profit will be at 1.06014,...
The overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Price has tapped into my buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high...
New York Times Co - Short Term - We look to Buy at 34.21 (stop at 31.76)
Posted a Double Bottom formation. Price action looks to be forming a bullish flag/pennant. We have a Gap open at 34.21 from 09/11/2022 to 10/11/2022. Further upside is expected although we prefer to buy into dips close to the 34.21 level.
Our profit targets will be 42.33 and 46.82...
DAX40 - Intraday - We look to Sell a break of 14319 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Posted a Treble Top formation. A bearish Head and Shoulders is forming. A break of yesterdays low would confirm bearish momentum. Spikes (rejections) can be seen in both directions highlighting...
Ethereum - Intraday - We look to Buy at 1231 (stop at 1195)
Previous resistance at 1220 now becomes support. Short term momentum is bullish. We look to buy dips. A lower correction is expected.
Our profit targets will be 1319 and 1339
Resistance: 1280 / 1300 / 1320
Support: 1260 / 1220 / 1200
Please be advised that the information presented on...
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%...
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. Price has tapped into my sell entry at 0.66835, where the 50% Fibonacci line is. Stop loss will be placed at 0.67977, where the previous high is. Take profit will be at 0.65473, where the 38.2% Fibonacci line...
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 possible buy entry at 1.03642, where the 50% Fibonacci line is. Stop loss will be placed at 1.02225, slightly above the 38.2% Fibonacci line and where the swing low is. Take profit will be at 1.06014,...
The overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Looking for a buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high is.
Please...
Ford - Short Term - We look to Sell at 13.89 (stop at 14.82)
The medium term bias remains bearish. Broken out of the channel formation to the downside. Selling continued from the 61.8% pullback level of 14.41. The gap open from 14.34 to 13.94 has now been closed. Preferred trade is to sell into rallies.
Our profit targets will be 11.01 and 10.40
...
XAUUSD - Intraday - We look to Buy at 1740.0 (stop at 1730.0)
Bespoke support is located at 1739.0. Buying posted in Asia. A move to 1773.0 will form an intraday bearish Gartley pattern. Risk/Reward would be poor to call a buy from current levels. Preferred trade is to buy on dips.
Our profit targets will be 1773.0 and 1775.0
Resistance: 1773.0 / 1775.0 /...
EURGBP - Intraday - We look to Sell at 0.8710 (stop at 0.8750)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. With the Ichimoku cloud resistance above...
