Market analysis from Vantage
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. Price has tapped into my 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 SPX on the H4 chart is bullish . Furthermore, the price is above the Ichimoku cloud , indicating a bullish market. I'm looking for an immediate buy entry at 4031.44, which is the 61.8% Fibonacci line. The stop loss will be set at 3907.07, the previous low and 50% Fibonacci line. The take profit point will be at 4177.51, just above the 78.6%...
Tesla - Short Term - We look to Buy at 177.90 (stop at 163.33) The medium term bias remains bearish. Broken out of the wedge formation to the upside. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the...
USDCHF - Intraday - We look to Sell at 0.9478 (stop at 0.9508) The bearish engulfing candle on the daily chart is negative for sentiment. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9480. Our profit targets will be...
XRP - Intraday - We look to Buy at 0.3901 (stop at 0.3746) Our bespoke resistance of 0.4000 has been clearly broken. Bespoke support is located at 0.3900. We look to buy dips. Short term bias has turned positive. Our profit targets will be 0.4289 and 0.4349 Resistance: 0.4200 / 0.4300 / 0.4400 Support: 0.4000 / 0.3900 / 0.3800 Please be advised that...
The overall bias for DJI on the H4 chart is bullish. Furthermore, the price is above the Ichimoku cloud, indicating a bullish market. I'm looking for an immediate buy entry at 4031.44, which is the 61.8% Fibonacci line. The stop loss will be set at 3907.07, the previous low and 50% Fibonacci line. The take profit point will be at 4177.51, just above the 78.6%...
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 the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
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 1.03642, 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, where the...
The overall bias for AUDUSD on the H4 chart is bullish. Furthermore, the price is above the Ichimoku cloud, indicating a bullish market. We're looking for a buy entry at 0.67711, which corresponds to the 61.8% Fibonacci line. The stop loss will be set at 0.65848, which is the previous swing low. I intend to take a profit at 0.69161, where the previous swing high...
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%...
GBPUSD - Intraday - We look to Buy at 1.1970 (stop at 1.1875) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a...
XAUUSD - Intraday - We look to Buy at 1735.0 (stop at 1725.0) The medium term bias remains bullish. Bullish Outside Day posted, a pattern that often indicates the end of a bearish run and the start of a new upward bias. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Further upside is expected...
EURCHF - Intraday - We look to Sell at 0.9879 (stop at 0.9901) Short term bias has turned negative. Short term MACD has turned negative. Expect trading to remain mixed and volatile. We look for a temporary move higher. 0.9891 has been pivotal. Our profit targets will be 0.9823 and 0.9813 Resistance: 0.9840 / 0.9870 / 0.9890 Support: 0.9810 / 0.9790 /...
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 an immediate buy 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, The previous swing high, or 35492.22, will serve as the take-profit...
The price is moving above the ichimoku cloud and ascending channel on the H4 chart, indicating a bullish market. Looking for a retracement buy entry at 0.62044, where the previous swing high was. Stop loss will be set at 0.60872, where the previous swing low is. Take profit will be at 0.63525, where the 61.8% Fibonacci line is located. Please be advised that the...
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...
Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 140.506, where the 38.2% Fibonacci line is. Stop loss will be at 138.873, slightly below where the 61.8% Fibonacci line is. Take profit will be at 143.501, slightly above where the 61.8%...