Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC. Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
Daily - bullish. looks clean to the upside. but, we have had 6 consecutive long days on this, so a day or two of trading in range will be good for a sustained move upwards. Origin - as long as price holds above the zone **171.913 - 171.497**, we are bullish. if price breaks down, then I will look for buyers to step in around last week's AVWAP. price can just...
Daily - after CPI and Rate decision, I was expecting continued long move on AUDUSD. now that it has tagged R1, and is currently pulling back, long bias still remains intact on daily. Origin - **0.66151 - 0.66043** is the zone to look for. above this we are bullish and below it, we are bearish. if price dumps from here, I will look for longs as price comes near...
Daily - bullish. a couple of days consolidation seems to be on the cards for SPX before another leg up. as long as it stays above 5099, we are bullish and looking to get involved in longs. Origin - bullish but in need of pullback. **5074.22 - 5115.46** is the key zone to look out for. we would like the price to come inside this area and then get absorbed. once...
Daily - this is tricky. oil has fallen considerably since it's considerable run up which started in Feb. this seems like a healthy pullback though. as long as it holds above **82.98**, we can perhaps look to go long next week. NOT THIS WEEK Origin - Bearish, in need of pullback. range to look out for is **83.18 - 85.47**. we'll be looking for price to reject this...
Daily - neutral. in no man's land this month. can be quite volatile. not suitable to trade this month. Origin - Bearish, in need of pullback. nah, not getting involved in GJ this week.
Daily - Bearish, in need of a pullback. this seems like a flip of AUDUSD. right now EUR and USD are not the main players here in both these assets. seems like AUD is in driving seat. we might get a chance to sell on pullback on EA in coming days. Origin - bearish (neutral). just looking at the structure we can say that this can be a pretty volatile week with...
Daily - neutral. we have a no man's land as long as the price remains in the zone - **171.613 - 167.359**. if we break out of this zone and price holds, then we can look to get involved. Origin - looks bearish. as long as we remain below **169.654** bias will be bearish here. once price falls below **168.130** any short position shall be closed as we will be...
Daily - bullish. I mentioned when AUD CPI came out that the structure and numbers all were almost identical to what happened in October 2023 and after that in November AUDUSD bias flipped to bullish. so far, that hypothesis has held. Although I won't mind going long AU today, I would like the price to pullback a little. Origin - bullish - origin in sync with...
Daily - looks bearish, in need of a small consolidation or pullback. we are near a key area on daily i.e.** 4947.66 - 4980.52** if price holds above this level, we can observe another leg up from here (low probability). if not, then we can expect a small consolidation and then another dump on SPX this week. Origin - bearish. SPX looks bearish here too. but there...
Daily - bullish bias. as long as price is above **191.213**, bullish bias will remain intact. any long position here will be managed or closed at least in part as price approaches **192.399**. Origin - looks bullish but there are few resistance areas above so we may experience volatility this week.
Daily - looks bullish. but only after it holds above **1.66052**. **1.66052 - 1.65672** is the zone price has been struggling to clear for last couple of months. so if we get a good break and close of this zone, that will be super bullish for EA. Origin - **1.65812 - 1.65477** is the level I am looking at. close above this zone will get me involved in longs on EA
Daily - bullish. 170.133 is the level to watch out. any long position I take will be managed / observed closes as price tags this level. This level being too close to current price does not bode well for our entries due to potential bad RR. Origin - I like the structure here. if the daily issue was not present, I would say that if price sustains over the POC, we...
Daily - As seen with DXY, AU has pushed beyond S1 and so a pullback or chop is expected. I will look to get involved if we get outsized volume factor on any particular day. will be determined on case by case basis. till then, I will observe and mark up. Origin - Price opened in value and is currently above POC which is in line with daily bias. if price continue to...
looks super bullish but in need of a pullback or some chop. interesting, how clean the left side of the chart looks. hindsight always looks so obvious l
huge volume on SPX yesterday. highest I have ever seen since 2022. there were only couple of days in 2021-2022 that had such a huge volume. usually it hovers around 20k-30k total contracts. but yesterday it was 115K. whoa could this lead to further downside? or was it pre-positioning from people who knew about today's events beforehand?
Daily - looks good for shorts as long as price stays below 167.982. if price holds above 168.865, we switch bias to long. Origin - not fully aligned with daily. right now price looks good for longs but considering daily, that move could be short lived. so I will look for fresh shorts only after price clears 167.471
Daily - looks good for longs. if price manages to hold above** 5217** we already have had a pullback to CPR and so we can easily look for any long opportunity if it presents. Origin - looks good for longs if price holds above **5209** here. we have a clean path to ATH made last week if we do so.