FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD SAXO:EURUSD EURUSD - Intraday - We look to Buy at 1.1313 (stop at 1.1273) Inside Soldiers have been posted on the daily chart. Selling posted in Asia. Broken out of the wedge formation to the upside. The formation has a measured move target of 1.1448. Intraday, and we are between bespoke support and resistance...
Trade valid until 21:00hrs (UK Time) US30 - Intraday - We look to Sell at 26600 (stop at 26675) The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Prices have continued the bearish move lower and resulted in 2 consecutive negative days. Further selling is expected to follow with the hourly Ichimoku...
See the Related idea for video analyis on the setup. FX:AUDJPY , OANDA:AUDJPY , FOREXCOM:AUDJPY , SAXO:AUDJPY AUDJPY is potentially setting up for a corrective move higher over the short to medium term. Weekly: The price has fallen to a significant 61.8% Fibonacci support level . This has held on several occasions dating back to 2009, below here there have...
FX:AUDUSD OANDA:AUDUSD FOREXCOM:AUDUSD SAXO:AUDUSD AUDUSD - Stalls close to the previous high. Look for a correction. Weekly – Completes a bearish 5-wave count (Elliott Wave). Expanding wedge offers a long to medium term bullish bias. Intraday – The three-hour chart looks to have completed a 5-wave count to the upside. Bespoke resistance is seen at...
FX:AUDJPY , OANDA:AUDJPY , FOREXCOM:AUDJPY , SAXO:AUDJPY AUDJPY is potentially setting up for a corrective move higher over the short to medium term. Weekly: The price has fallen to a significant 61.8% Fibonacci support level. This has held on several occasions dating back to 2009, below here there have been a few reaction lows towards 71.94. There are some...
FX:USDCAD FOREXCOM:USDCAD SAXO:USDCAD Although USDCAD has posted two ‘Inside Days’ (which highlights indecision) there is no clear indication that the selloff is coming to an end. Bearish expanding wedge on the weekly chart with a DeMark 13 Broken the wedge formation on the daily chart Intraday chart is holding inside a corrective channel
FX:USDCHF , FX:GBPCHF , FX:EURCHF , FX:CHFJPY Geo-political tensions support CHF pairs. Here is our latest analysis on the short term outlook of CHF pairs. The franc continued to gain support during Thursday despite net gains in global equity markets. Expectations of dovish policies from the Federal Reserve and ECB were important in underpinning the Swiss...
As per the video I made (See linked idea). Selling EURGBP Weekly – Trading at the upper end of a bearish channel . Confluence of Fibonacci levels with a 78.6% & 61.8% in close proximity. Daily – Failed at a 78.6% Fibonacci level and close below the 10EMA for the first time in 30 sessions. 4H - Strong move higher today and approaching some exhaution points. We...
FX:EURGBP , OANDA:EURGBP , FOREXCOM:EURGBP , FOREXCOM:EURGBP A confluence of Fibonacci levels on the weekly - Selling EURGBP Weekly – Trading at the upper end of a bearish channel. Confluence of Fibonacci levels with a 78.6% & 61.8% in close proximity. Daily – Failed at a 78.6% Fibonacci level and close below the 10EMA for the first time in 30...
FX:GBPUSD FOREXCOM:GBPUSD SAXO:GBPUSD Trade idea – GBPUSD – Close to resistance. Scope for a correction lower to buy into Monthy – Bullish wedge formation Weekly – Possible ‘Outside Week’ Daily – Bullish Morning Star 4H – Close to resistance and DeMark 13. Scope for a correction lower We look to buy at 1.2580 target 1.2745 stop 1.2580 Caution - UK...
FX:UK100 , OANDA:UK100GBP , TVC:UKX Following on from our video analysis on FTSE yesterday signalcentre.com , we are buying a dip this morning at 7220. For further information on the call, see the related idea below or click on the link above. Good luck!
FX:USDCAD OANDA:USDCAD FOREXCOM:USDCAD SAXO:USDCAD Weekly – Bearish Outside Candle with bearish expanding wedge pattern Daily – Breaks the wedge to the downside. Measured move 1.3115. Outside Day posted yesterday We look to sell at 1.3400 Stop 1.3440 Target 1.3115 Economic figures could adversely affect the short term technical picture. Good luck!
FX:AUS200 Weekly – Bullish channel with bearish divergence Daily – Bullish flag and overbought 4H - Breaking higher from bullish flag - looking for re-test to set longs Buy AUS200 at 6560. Stop 6520. Target 6660 Overbought and bearish divergence on longer term charts could stifle this move Good luck! Check out our FREE Telegram group for trading ideas and...
FX:EURNZD OANDA:EURNZD FOREXCOM:EURNZD SAXO:EURNZD Monthly – Holds within a symmetrical triangle Weekly – Bearish Head and Shoulders building but scope for higher levels 4H – Oversold. Stalls and reversing close to bespoke support at 1.7135 Buying EURNZD at 1.7135. Stop 1.7095 Target 1.7230 Higher timeframes offer a bearish bias so caution...
FTSE 100 TVC:UKX FX:UK100 OANDA:UK100GBP Weekly - Expanding wedge, bullish outside week posted. Daily - Invalidated the head and shoulders setup that threatened to send the market lower. 4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also. Outlook is bullish - We will be looking to buy...
FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY SAXO:USDJPY In the immortal words of Salt-N-Pepa ‘Let’s talk about stocks, baby!’ Nothing seems to be able to keep stocks indices down. Trump has sent the war cry as he enters a new election campaign (I have had to scroll back for 5 minutes through only two days of tweets to find it!) ‘ The Trump Economy is setting...
OANDA:EURCHF FX:EURCHF FOREXCOM:EURCHF SAXO:EURCHF EURCHF is bouncing from the lower end of a large range. Price action has remained above the large support band between 1.1106 to 1.1200 on the weekly chart. The bullish hammer candle that was posted on the week ending 7th June 2019 suggests that buyers could return in the short term. The daily chart...
TVC:SPX OANDA:SPX500USD FX:SPX500 US500 - Intraday - We look to Buy at 2885 (stop at 2875) Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Price action is forming a bullish flag...