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Fxsignals

EURNZD - Looking for long entry on towards the 78.6% Retracement EURNZD is Bullish - We look to Buy at 1.7770 ▪️ Continued downward momentum from 1.8179 resulted in the pair posting net daily losses yesterday. ▪️ We have a 78.6% Fibonacci pullback level of 1.7782 from 1.7661 to 1.8227. ▪️ Negative overnight flows lead to an expectation of a weaker open this morning. ▪️ As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. ▪️ Expect trading to remain mixed and volatile. Stop: 1.7685 Target1: 1.8065 Target2: 1.8150
Long
by Signal_Centre
Selling strength in GBPJPY - Targeting the 78.6% Fib for entry GBPJPY is Bearish - We look to Sell at 133.20 ▪️ The medium term bias remains bearish. ▪️ We have a 78.6% Fibonacci pullback level of 133.21 from 133.55 to 131.94. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 133.20, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile. Stop: 133.50 Target1: 132.00 Target2: 131.50
Short
by Signal_Centre
2
Buy Gold - Triggered at 1704 Gold is Bullish - We look to Buy at 1704 ▪️ Price action has posted a bearish Hanging Man and is negative for short-term sentiment. ▪️ Expect trading to remain mixed and volatile. ▪️ With our medium term bias looking to buy dips and the short term bias indicating selling interest we are faced with mixed signals. ▪️ Expect trading to remain mixed and volatile. ▪️ The reaction lower is negative, however, we view this as an opportunity to set longs in line with the overall bullish move higher. ▪️ Preferred trade is to buy on dips. Update 1: The move to 1704 triggered our long trade Stop: 1694 Target1: 1725 Target2: 1740
FOREXCOM:XAUUSDLong
by Signal_Centre
14
GBPCHF - Short term momentum remains bullish GBPCHF is Bullish - We look to Buy at 1.2035 ▪️ Short term momentum is bullish. ▪️ We have a 50% Fibonacci pullback level of 1.2037 from 1.1869 to 1.2205. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.2035, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile. Stop: 1 .2005 Target1: 1.2145 Target2: 1.2200
Long
by Signal_Centre