Uklee
Short copper futures ( Mar 2023 )Short at price 3.8430; 3.8635 and 3.8890
Stoploss at 3.9410
Take profit at 3.6475
LongBuy at the strong support zone 2420-2440
=> Stop loss if 2400 is broken (risk range 200-400$
=> Take profit target area 2555 or further area is 2653
=> RR ratio (RISK - REWARD) 1:4 - 1:7. The PROFIT brought back 7 times the RISK.
LONGWith the fundamental news, the long-term uptrend of the line is still supporting.
In addition, technically the EMA21 crosses above the EMA100, and the price always moves above these two lines on D1 showing that the uptrend is still there. The price has now corrected back to the daily and weekly support area, which is also the same. is the FIBO region 61.8.
=> The suitable buy-in zone is fibo 50-61.8 (price 19.2 - 19.67), target target area 21.5
Long positionCrude Palm oil May 2022
Buy limit at supply zone 6204, and support line 5960
Stoploss: 5726
Take profit: 6915
Soybean future Sideway in 1640 1740Soybean future May 2022 - Sideway in 1640-1740
Buy at support zone 1640-1660
Stoploss: 1633
Take profit: 1740
Breakout - A long position Corn future May 2022 - ZCK2022
Break out of the triangle pattern. Uptrend continues
Buy at current price 754
Stoploss: 740
Take profit - TP1: 782, TP2: 824.
Long positionSoybean meal future May 2022 - Sideway 470-490
Buy limit at 467 - 470
Stoploss: 464
Takeprofit 484.
Long positionROUGH RICE FUTURES (MAY 2022) - Bullish
BUY limit at support: 15.52 - 15.67
Stoploss: 15.40
Takeprofit: 16.42
KCK202 - COFFEE C® FUTURES May2022KCK2022 (Coffee Futures) | H4 Bullish Bounce
Buy limit at support 215.75 - 219.30
Stoploss: 210.20
Take profit TP1: 230 và TP2: 241
SHORT POSITIONROBUSTA COFFEE FUTURES MAY 2022 (RCK2022)
Long term strategy with D1
Sell at entry 2167, and waiting for resistance 2206-2231
Stoploss: 2288
Take profit" 2062
Uptrend - long positionCRUDE OIL FUTURES (MAY 2022)
WTI has stabilised in a thin $102-$106ish range and at current levels in the $103.00s trades broadly flat.
According to the International Energy Agency, oil markets could lose as much as 3M barrels per day in supply from Russia from April.
Daily Pivot Point S1 96.12
Daily Pivot Point S2 90.16
Daily Pivot Point S3 86.88
Daily Pivot Point R1 105.36
Daily Pivot Point R2 108.64
Daily Pivot Point R3 114.6
Short positionCocoa future May 2022
A downtrend is formed with the price breaking the uptrend above H1 and cutting it below. Moreover, the price continues to move below the EMA21 and EMA100 above the H1 which supports the price to continue falling.
=> Recommendation: Sell if the price rises to the 2667 area, take a loss 2722, take a profit at 2545.
Short if price is still below 1.3680GBP/USD is holding the lower ground below 1.3650, as the US dollar rebounds amid a spike in Treasury yields
=> The pullback from the DMA200 - 1.3740 and the breakdown of the ascending trendline at 1.3680 have motivated the bears to return to the market. Next targeted area 1.3600 and 100-DMA 1.3550.
=> Besides, the bullish force of the British Pound is still there, the buyers are still observing important support areas like 100 DMA - 1.3550. If the dollar's upward force is halted, creating a good signal for the buyers that this army will return to hold the market.
Short if price is still below 1.1450EUR/USD bears attack 1.1400 in a three-day downtrend amid strong yields.
Although failures to cross the 100-day EMA surrounding 1.1480 restricts the short-term upside of the EUR/USD prices, the 50-day EMA level of 1.1380 limits the pair’s immediate downside.
=> The break of 1.1380 zone will create more momentum for the sellers to continue pushing the EU towards the 1.1350 and 1.1300 support zones.
=> On the contrary, if the buyers want to return to hold the market, the bullish break through the 1.1480 zone is the key factor.
Long if price is still above 114.00USD/JPY bulls take the lead and run towards 115 the figure.
But now USDJPY is hitting resistance and it is possible that there will be a pullback - pull back - down before returning to the upside.
=> Area 114.50 and 114.00 will be support for buyers to consider buying
=> A drop back below 113.5 could increase bearish pressure once again.
Opportunity for sellers if price continues to move below 1830Gold (XAU/USD) prices stay on the front foot near intraday high of $1820 during Tuesday’s Asian session.
The yellow metal portrayed a sluggish start to the week while marking a Doji candlestick on Monday following the two-day downside.
=> a clear upside break of the 61.8% Fibonacci retracement (Fibo.) - $1830 -1833 that become necessary for the gold buyers to retake control. Following that, the run-up could aim for around $1850 ahead of $1875.
=> Alternatively, pullback moves may aim for the 50% and 38.2% Fibo. levels, respectively near $1813 and $1,800 threshold. A convergence of the 100-DMA and an ascending support line from December 15, around $1793, becomes a strong support for the gold sellers to watch afterward.
Short if price still below the resistance level of 0.7180The price dropped after hitting the 0.7180 resistance area, currently trading at 0.7100
=> If the price still below the resistance level of 0.7180, there is always a chance that the sellers are ready to push the AU down to 0.7080, deeper into the D1 support area (0.7030).
=> On the contrary, the buyers are always ready at two important price zones: Support zone D1 (0.7000-0.7030) and strong resistance zone 0.7180-0.7200, if this zone is broken, the price will push to 0.7330 .
