Signal_Centre

Signal_Centre Updated 

FX:AUDUSD OANDA:AUDUSD FOREXCOM:AUDUSD SAXO:AUDUSD AUDUSD - Intraday - We look to Sell at 0.7000 (stop at 0.7030) Price action has formed an expanding wedge formation. The medium term bias remains bullish. A 5 wave bullish count has been completed at 0.7048. Expect trading to remain mixed and volatile. Intraday, and we are between bespoke support and...

Signal_Centre Updated 

FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Sell at 0.9000 (stop at 0.9025) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Price action has formed an expanding wedge...

Signal_Centre Updated 

FX:EURJPY OANDA:EURJPY FOREXCOM:EURJPY SAXO:EURJPY EURJPY - Intraday - We look to Buy at 120.80 (stop at 120.40) Majority of the initial daily gains being overturned. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. We have a 78.6% Fibonacci pullback level of 120.68 from 118.82 to 127.50....

Signal_Centre Updated 

Trade idea My medium term outlook is bullish on Gold. After the sell-off today (intraday idea was stopped), there is a nice reverse head and shoulders formation on the 15 min chart. A break above $1400 would confirm this for me and target a move to $1414. Look to buy a break at $1400 Tight stop at 1393 Target 1414 Risk/reward 2:1

Signal_Centre

Trade Idea Trading within a Bullish Channel formation. Bespoke support is located at 12435. Positive overnight flows lead to an expectation of a firm open this morning. Further upside is expected although we prefer to buy into dips close to the 12435 level. We look to Buy at 12435 Stop: 12365 Target 1: 12675 Target 2: 12800 Daily market report July 8th...

Signal_Centre

Trade Idea We have a Gap open at 7567 from 05/07/2019 to 07/07/2019. Bespoke support is located at 7470. We look for a re-test of the upward trending support. There is scope for mild selling at the open but losses should be limited. Preferred trade is to buy on dips. We look to Buy at 7470 Stop: 7440 Target 1: 7560 Target 2: 7650 Daily market report July...

Signal_Centre

FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD SAXO:GBPUSD GBPUSD - Intraday - We look to Buy at 1.2465 (stop at 1.2430) The selloff is close to an exhaustion count on the daily chart. Previous support located at 1.2476. 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...

Signal_Centre Updated 

Although an initial dip was posted, buyers emerged and follow through bullish momentum resulted in all the previous day's losses being overturned. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. Trend line resistance is located at 26890. Bespoke support is located at 26725. There is no clear...

Signal_Centre Updated 

Trade Idea Previous resistance located at 14.39. Selling pressure from 1438 resulted in all the initial daily gains being overturned. Broken out of the triangle formation to the upside. The medium term bias remains bullish. Preferred trade is to buy on dips. Bespoke support is located at 1371. We look to Buy at 1371 Stop: 1363 Target 1: 1440 Target 2: 1450

Signal_Centre Updated 

Trade Idea Previous resistance located at 1439. The rally was sold and the dip bought resulting in mild net gains yesterday. Broken out of the triangle formation to the upside. The medium term bias remains bullish. Preferred trade is to buy on dips. We look to buy at 1405 Stop: 1392 Target 1: 1435 Target 2:1450

Signal_Centre Updated 

Trade Idea Posted Mixed Daily results for the last 11 days. The rally was sold and the dip bought resulting in mild net gains yesterday. Price action has formed a bullish ending wedge formation. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 15.04. Ichimoku cloud...

Signal_Centre Updated 

Trade Idea We have a Gap open at 7700 from 28/06 to 01/07. The rally was sold and the dip bought resulting in mild net gains yesterday. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. This...

Signal_Centre Updated 

Trade Idea The rally was sold and the dip bought resulting in little net change yesterday. News events could adversley affect the short term technical picture. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Price action is forming a bearish flag which has a bias to break to the downside. Although...

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Signal_Centre

FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP Monthly – Triangle formation. Trend of lower highs at 0.9022 Daily - 261.8% and a DeMark 13 Intraday (four-hour) – Expanding Wedge has a bias to break lower Trade Idea We look to sell EURGBP at 0.9000 Stop 0.9025 Target 0.8830 Euro-zone retail sales declined 0.3% for May compared with consensus...

Signal_Centre

Trade Idea Prices are extending higher from the bullish flag/pennant formation. Positive overnight flows lead to an expectation of a firm open this morning. Bespoke support is located at 7530. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to buy on dips. We look...

Signal_Centre

Trade Idea Trading within a Bearish Channel formation. Bespoke resistance is located at 108.10. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 108.20, resulting in improved risk/reward. We look to...

Signal_Centre

Trade Idea Trading within a Bearish Channel formation. Bespoke resistance is located at 1.3120. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 13120, resulting in improved risk/reward. We look to...

Signal_Centre

Trade Idea A bullish reverse Head and Shoulders is forming. The medium term bias remains bearish. We have a 78.6% Fibonacci pullback level of 1.2588 from 1.3380 to 1.2373. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look to Buy a break of 1.2605 Stop: 1.2560 Target 1: 1.2710 Target 2: 1.2750