EURNZD to find buyers at previous swing high?EURNZD - 24h expiry
Short term bias has turned positive.
Posted a Double Bottom formation.
Offers ample risk/reward to buy at the market.
Daily signals are bullish.
Previous resistance at 1.7970 now becomes support.
We look to Buy at 1.7975 (stop at 1.7939)
Our profit targets will be 1.8065 and 1.8095
Resistance: 1.8000 / 1.8045 / 1.8090
Support: 1.7978 / 1.7955 / 1.7920
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
H-setup
NZDUSD to continue in the downward move?NZDUSD - 24h expiry
Daily signals are bearish.
Preferred trade is to sell into rallies.
Our outlook is bearish.
We look for a temporary move higher.
20 4hour EMA is at 0.5932.
The lack of interest is a concern for bulls.
We look to Sell at 0.5930 (stop at 0.5956)
Our profit targets will be 0.5865 and 0.5850
Resistance: 0.5896 / 0.5920 / 0.5935
Support: 0.5974 / 0.5960 / 0.5940
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURJPY to see a temporary move higher?EURJPY - 24h expiry
Price action looks to be forming a top.
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 lower.
We look to sell rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
We look to Sell at 165.00 (stop at 165.50)
Our profit targets will be 163.80 and 163.50
Resistance: 165.35 / 167.35 / 168.95
Support: 161.90 / 160.00 / 158.70
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPUSD trading sequence is lower highs and lows.GBPUSD - 24h expiry
The medium term bias remains bearish.
Trading within a Bearish Channel formation.
The sequence for trading is lower lows and highs.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 1.2615.
We look to Sell at 1.2615 (stop at 1.2655)
Our profit targets will be 1.2515 and 1.2480
Resistance: 1.2615 / 1.2665 / 1.2700
Support: 1.2515 / 1.2480 / 1.2445
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and we expect the identified resistance level, which the price has reacted to several times in the past, to stop the upward trend and the price to fall to around 0.89000. Good luck.
Has the Market Priced In CPI Data? 🔕As we enter the 5th trading session of the week, The monthly candle and weekly candles are still bullish. The Daily candle closed bullish to begin the week(Monday) and it appears that the market has possibly priced in the not-so-great data forecasted to be released on Wednesday. The Euro went up on a Monday with inflation forecasted to increase for the USD on Wednesday. Maybe we will continue to ascend on EurUsd as the market shrugs off increasing inflation for the USD. This doesnt make sense to me because the USD is a safe haven in times of uncertainty. I'm anticpating that this early push to higher prices early in the week is a discount as the price for EU will be alot lower to end the week(like 1.0805 4hr level or 1.0771 weekly level) And this will be a 2nd consecutive month where inflation increases. The last time we had 2 consecutive months where (USD) CPI increased was September 23' and July 22'. More details below.. make sure to check out the snapshots!
July 22' CPI(for June22') increase for 2 months in a row.. price dropped 100 pips the next day , pulled bac 315 pips the next 19 daily candles before dropping 750 pips across the next 34 daily candles
Sept 23' CPI release (For Aug23') increase for 2 months in a row.. EU went down 280 pips in the next 13 daily candles
Cosmos (ATOMUSD): Awaiting a Deep DiveCosmos (ATOMUSD): BINANCE:ATOMUSD
For Atom, we've had to adjust our limit order and counting as we observed an additional rise that did not fit into our initial analysis. This necessitates shifting our positioning of Wave (3) upwards. We are still within the ideal range of the 361.8% extension. Following this, we witnessed Wave (4) and an impulsive Wave (5) upwards, succeeded by a minor downward consolidation. In the coming days, we definitely expect to form a Wave (B) and then a Wave (C), although their precise locations are currently unclear. We lean towards expecting a Flat structure, typically between 100% and 138%; anything beyond would be excessive.
Assuming that Wave (A) has reached its bottom at the current level, and if we break out significantly above $15.17, we will need to reassess the entire scenario. Until then, we anticipate seeing a three-part downward correction before reaching Wave (C) and thus completing Wave (ii). This Wave (ii) should find its absolute support at the 78.6% level and its associated support zone. Depending on the position of Wave (ii), we then expect a minimum rise for the subordinate Wave (iii) to at least $21. However, in the days or weeks to come, we should still anticipate another significant downward movement after having developed the Wave (B) upwards.
AUDUSD to continue in the upward move?AUDUSD - 24h expiry
Price action looks to be forming a bottom.
The sequence for trading is higher highs and lows.
The 50% Fibonacci retracement is located at 0.6600 from 0.6560 to 0.6645.
Setbacks should be limited to yesterday's low.
Dip buying offers good risk/reward.
We look to Buy at 0.6600 (stop at 0.6575)
Our profit targets will be 0.6665 and 0.6680
Resistance: 0.6650 / 0.6675 / 0.6700
Support: 0.6600 / 0.6575 / 0.6550
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bitcoin and altcoin analytics(April 10-11)We did not receive the necessary support for Bitcoin at the retest of $70,000 and settled below it.
Now we have closely approached our buy zone ~$68,000 (absorption of sales).
It's too early to talk about a full reversal, we need to get additional confirmations, also a deeper test of the marked zone is possible.
Buyer zones below: $66,200-$65,400 (zone of market aggression of the buyer), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small zone of volume anomalies), $53,600-$53,000 (zone of pushing volumes).
The new sales zone will be the local volume zone 71,800-72,500, from which we received a productive movement.
Interesting altcoins
LEVERUSDT
We are considering the continuation of the long, in the first case-from the zone of buyer activity $0.35-0.33. In the second case, we also look at the long from the zone ~0.3, where the activity from the buyer by volumes and delta was also recorded.
USDCHF continues to hold back the bears.USDCHF - 24h expiry
0.9000 continues to hold back the bears.
We look to buy dips.
Posted a Double Bottom formation.
0.8998 has been pivotal.
Daily signals are bullish.
We look to Buy at 0.9003 (stop at 0.8977)
Our profit targets will be 0.9068 and 0.9078
Resistance: 0.9060 / 0.9075 / 0.9095
Support: 0.9040 / 0.9020 / 0.9000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD to continue in the downward move?EURAUD - 24h expiry
The medium term bias remains bearish.
A higher correction is expected.
The sequence for trading is lower lows and highs.
Rallies should be capped by yesterday's high.
Preferred trade is to sell into rallies.
We look to Sell at 1.6480 (stop at 1.6516)
Our profit targets will be 1.6390 and 1.6370
Resistance: 1.6480 / 1.6510 / 1.6550
Support: 1.6420 / 1.6385 / 1.6345
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
looking for 52 percent roi in 152 days go for ProLife longProlife Industries Ltd shares SWOT Analysis
SWOT
TECHNICALS
DEALS
SHAREHOLDING
STRENGTHS (4)
Strong Annual EPS Growth
Company with Low Debt
Book Value per share Improving for last 2 years
WEAKNESS (4)
Negative Breakdown Third Support (LTP < S3)
Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
Declining Net Cash Flow : Companies not able to generate net cash
OPPORTUNITY (0)
Data not found
THREATS (1)
RSI indicating price weakness
LOOKING FOR 52 % HIKE IN SHARE OF PRO LIFE FROM CMP 214 CAN GO UPTO 350 AND BEYOND AS CHEMICAL THEORY IS ABOUT TO RE RATE
USDCHF to breakdown?USDCHF - Intraday
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
0.8999 has been pivotal.
A break of bespoke support at 0.9000, and the move lower is already underway.
We look for losses to be extended today.
A higher correction is expected.
We look to Sell a break of 0.8998 (stop at 0.9030)
Our profit targets will be 0.8918 and 0.8908
Resistance: 0.9030 / 0.9050 / 0.9070
Support: 0.9000 / 0.8970 / 0.8945
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish or Bearish...? Multi Time Frame Analysis
Hey guys!
Over the past 2 weeks, we have seen the EURUSD pair go deep down. The beautiful part is that it played out well according to our analysis and prediction. So let's try again.
This time, we see this pair switch like a flipped coin from a long bearish to a steep bullish climb. Will this be the end of the bearishness, and are the Bulls to resume taking prices higher?
Or is this just one of those usual bullish pullbacks within a larger timeframe Bearish swing?
Watch this short Multi Time Frame Analysis to find out.
Please share your thoughts on this pair's price movement. Dont forget to Boost and to share with other traders
GBPJPY to find support at previous resistance?GBPJPY - 24h expiry
The primary trend remains bullish.
A lower correction is expected.
Previous resistance level of 191.55 broken.
Bespoke support is located at 191.35.
Preferred trade is to buy on dips.
We look to Buy at 191.35 (stop at 190.85)
Our profit targets will be 192.55 and 192.85
Resistance: 192.35 / 193.00 / 193.50
Support: 191.35 / 190.85 / 190.25
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.