Signal_Centre

Signal_Centre

DAY TRADE - EXPIRES AT 9PM UK Trade Idea Broken out of the Head and Shoulders formation to the downside. There is scope for mild buying at the open but gains should be limited. We look for a re-test of the upward trending resistance. Bespoke resistance is located at 7985. Further downside is expected although we prefer to set shorts at our bespoke resistance...

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DAY TRADE - EXPIRES AT 9PM UK Trade Idea Trading within a Bearish Channel formation. A break of bespoke support at 1.2341, and the move lower is already underway. Bespoke resistance is located at 1.2387. The bias remains mildly bullish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to set shorts at...

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DAY TRADE - EXPIRES AT 9PM We were looking for a dip to buy today but the market appears to have stalled in front of our entry level. Is this good enough reason to get long? Overall we remain bullish. Trade Idea The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at...

Signal_Centre Updated 

DAY TRADE - EXPIRES AT 9PM Trade Idea Broken out of the triangle formation to the downside. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. We look for a re-test of the upward trending resistance. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at...

Signal_Centre

DAY TRADE - EXPIRES AT 9PM (UK) Trade Idea A bearish Head and Shoulders has formed. A break of the neckline is required to confirm the formation. The measured move target is 1.6300. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at...

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DAY TRADE - EXPIRES AT 9PM Trade Idea Trading within a Bullish Channel formation. We have a 50% Fibonacci pullback level of 12130 from 12661 to 11600. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. The medium term bias remains bullish. Preferred trade is to buy on dips. We look to Buy at 12130 Stop:...

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FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Buy at 0.8965 (stop at 0.8940) The trend of lower highs is located at 0.9030. Selling pressure from 0.9051 resulted in all the initial daily gains being overturned. Bespoke support is located at 0.8965. The 261.8% Fibonacci extension is located at 0.8956 from 0.9051 to...

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OANDA:US30USD DOW30 - Intraday - We look to Buy at 27300 (stop at 27275) Price action resulted in a new all-time high at 27403. Momentum is stalling with the posting of new highs and indicates bearish divergence. Prices have reacted from 27403. The medium term bias remains bullish. Further upside is expected although we prefer to set longs at our bespoke...

Signal_Centre

FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD SAXO:GBPUSD GBPUSD - Intraday - We look to Sell at 1.2506 (stop at 1.2546) Previous support level of 1.2439 broken. 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. Previous...

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FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD SAXO:EURUSD EURUSD - Intraday - We look to Sell at 1.1238 (stop at 1.1268) Trades at the lowest level in 4 days. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. A bullish reverse Head and Shoulders is forming. The medium term bias remains bullish. Trend...

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OANDA:US30USD Trade Idea DOW30 - Intraday - We look to Sell a break of 27325 (stop at 27425) Price action resulted in a new all-time high at 27403. Momentum is stalling with the posting of new highs and indicates bearish divergence. Prices have reacted from 27400. The overnight rally has been sold into and there is scope for further bearish pressure going...

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FX:USDTRY OANDA:USDTRY SAXO:USDTRY USDTRY - Intraday - We look to Buy at 5.6870 (stop at 5.6525) Posted Mixed Daily results for the last 47 days. Price action has formed an expanding wedge formation. The medium term bias remains bullish. The trend of lower highs is located at 5.7905. However, with the intraday chart now highlighting higher lows we are...

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FX:EURAUD OANDA:EURAUD FOREXCOM:EURAUD SAXO:EURAUD EURAUD - Intraday - We look to Sell at 1.6060 (stop at 1.6100) Broken out of the Head and Shoulders formation to the downside. Ichimoku cloud support comes in at 1.5975. The formation has a measured move target of 1.5600. There is no clear indication that the downward move is coming to an end. Risk/Reward...

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FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Sell a break of 0.8955 (stop at 0.8990) Bespoke support is located at 0.8962. Buying pressure from 0.8955 resulted in all the initial daily selloff being recaptured. Due to an Ending Wedge formation, we continue to treat extended gains with caution. The trend of higher highs...

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OANDA:CN50USD Trade Idea CHN50 - Intraday - We look to Sell at 13650 (stop at 13750) Short term momentum is bearish. Price action has posted a Doji candle and is neutral for short-term sentiment. Bias is mildly bearish today but we need to see a break of 13300 to confirm the downward pressure. In line with the possible early stages of a head & shoulders...

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FX:AUS200 Trade Idea ASX200 - Intraday - We look to Sell at 6680 (stop at 6700) Afternoon gains were sold into and follow through bearish momentum resulted in the market moving lower. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Previous support located at 6646. We look for a temporary...

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OANDA:XAUUSD SAXO:XAUUSD Trade Idea Gold - Intraday - We look to Buy at 1410 (stop at 1400) The medium term bias remains bullish. This has resulted in a large symmetrical triangle formation being posted on the daily chart. Price action continued to range between key support & resistance (1385 - 1440) and we expect this to continue. Expect trading to...

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OANDA:US30USD Trade Idea DOW30 - Intraday - We look to Buy at 27200 (stop at 27100) Price action resulted in a new all-time high at 27403. A Morning Star formation has been posted at the low. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. A bullish hammer has been posted as...