Signal_Centre1

Signal_Centre1

Ethereum - Intraday - We look to Sell a break of 1974 (stop at 2023) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Broken out of the channel formation to the downside. 1976 has been pivotal. Our profit targets will be 1851 and 1801 Resistance: 2050 / 2100 / 2150 Support: 1980 / 1950 / 1850

Signal_Centre1

USDCHF - Intraday - We look to Sell a break of 0.9917 (stop at 0.9943) Short term momentum is bearish. Price action is forming a bearish flag which has a bias to break to the downside. A break of the recent low at 0.9918 should result in a further move lower. We are trading at overbought extremes. A higher correction is expected. Our profit targets will be...

Signal_Centre1

Ethereum - Intraday - We look to Buy at 2031 (stop at 1966) Short term bias is mildly bullish. Trend line support is located at 2030. We look to buy dips. Our profit targets will be 2196 and 2236 Resistance: 2150 / 2200 / 2300 Support: 2050 / 2000 / 1950

Signal_Centre1

Bitcoin - Intraday - We look to Sell at 31787 (stop at 32651) Trading within a Corrective Channel formation. Prices expected to stall near trend line resistance. Trend line resistance is located at 31800. Our profit targets will be 29707 and 29107 Resistance: 31000 / 32000 / 33000 Support: 29500 / 28500 / 27800

Signal_Centre1

GER40 - Intraday - We look to Buy at 13811 (stop at 13727) Short term bias has turned positive. 50 4hour EMA is at 13804. 13799 has been pivotal. We look to buy dips. Our profit targets will be 14024 and 14074 Resistance: 14000 / 14070 / 14140 Support: 13900 / 13850 / 13800

Signal_Centre1

Ethereum - Intraday - We look to Buy a break of 2141 (stop at 2059) We are trading at oversold extremes. Short term momentum is bullish. A break of the recent high at 2140 should result in a further move higher. 20 4hour EMA is at 2141. Our profit targets will be 2347 and 2397 Resistance: 2140 / 2250 / 2400 Support: 2050 / 1950 / 1900

Signal_Centre1

Bitcoin - Intraday - We look to Buy at 26016 (stop at 25095) With signals for sentiment at oversold extremes, the dip could not be extended. We look to buy dips. 50 4 week EMA is at 26000. Bespoke support is located at 26000. Our profit targets will be 28388 and 28988 Resistance: 29000 / 30000 / 31000 Support: 28000 / 27000 / 26000

Signal_Centre1

GER40 - Intraday - We look to Sell a break of 13479 (stop at 13561) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. A break of the recent low at 13483 should result in a further move lower. Our outlook is bearish. Our profit targets will be 13281 and 13231 Resistance: 13650 / 13720 / 13800 Support: 13500...

Signal_Centre1

Ripple - Intraday - We look to Sell at 0.522 (stop at 0.537) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. 20 4hour EMA is at 0.524. Our profit targets will be 0.484 and 0.474 Resistance: 0.500 / 0.520 / 0.535 Support: 0.480 / 0.470 / 0.450

Signal_Centre1

EURNZD - Intraday - We look to Sell a break of 1.6664 (stop at 1.6702) We are trading at overbought extremes. A higher correction is expected. A break of the recent low at 1.6665 should result in a further move lower. Short term MACD has turned negative. Our profit targets will be 1.6564 and 1.6544 Resistance: 1.6730 / 1.6770 / 1.6800 Support: 1.6670 /...

Signal_Centre1

Ethereum - Intraday - We look to Buy a break of 2481 (stop at 2414) Short term momentum is bullish. Short term MACD has turned positive. A break of the recent high at 2480 should result in a further move higher. We are trading at oversold extremes. Our profit targets will be 2648 and 2698 Resistance: 2480 / 2580 / 2700 Support: 2400 / 2300 / 2200

Signal_Centre1

EURCHF - Intraday - We look to Sell a break of 1.0479 (stop at 1.0501) We are trading at overbought extremes. A lower correction is expected. A break of the recent low at 1.0480 should result in a further move lower. Our profit targets will be 1.0428 and 1.0418 Resistance: 1.0500 / 1.0520 / 1.0540 Support: 1.0480 / 1.0460 / 1.0430

07:01

Signal_Centre1

Our trade of the week takes a look at GBPUSD from a news sentiment and a multi-timeframe analysis perspective

Signal_Centre1

Ethereum - Intraday - We look to Buy at 2321 (stop at 2244) With signals for sentiment at oversold extremes, the dip could not be extended. 2300 has been pivotal. We look to buy dips. Our profit targets will be 2518 and 2578 Resistance: 2500 / 2580 / 2700 Support: 2400 / 2300 / 2160

Signal_Centre1

Bitcoin - Intraday - We look to Sell at 37488 (stop at 38202) Daily signals are bearish. We look for a temporary move higher. Previous support at 37500 now becomes resistance. 20 4hour EMA is at 37600. Our profit targets will be 35707 and 35107 Resistance: 36500 / 37500 / 38500 Support: 35500 / 35000 / 32950

Signal_Centre1 Updated 

Bitcoin - Intraday - We look to Buy at 39222 (stop at 38588) Short term bias has turned positive. Previous resistance at 39200 now becomes support. 39197 has been pivotal. We look to buy dips. Our profit targets will be 40688 and 41088 Resistance: 40000 / 40800 / 41500 Support: 39200 / 38500 / 38200

Signal_Centre1

EURNZD - Intraday - We look to Sell a break of 1.6177 (stop at 1.6211) The trend of higher lows is located at 1.6210. A break of the recent low at 1.6180 should result in a further move lower. Short term momentum is bearish. Our profit targets will be 1.6086 and 1.6066 Resistance: 1.6250 / 1.6270 / 1.6300 Support: 1.6200 / 1.6170 / 1.6100

Signal_Centre1

Ripple - Intraday - We look to Buy a break of 0.632 (stop at 0.619) A break of the recent high at 0.632 should result in a further move higher. We are trading at oversold extremes. A bullish reverse Head and Shoulders has formed. Our profit targets will be 0.664 and 0.674 Resistance: 0.630 / 0.650 / 0.660 Support: 0.615 / 0.600 / 0.585