NAS100 moved 10,000+ pips in 24 hours. It went from 10800 to 11800. I'll be looking for shorts. What goes up usually comes down.
AUDNZD Sell Stop Loss: 1.102 Tighter Stop Loss for less risk: 1.10 Targets: 1.094 1.092 1.09 1.088 AUDNZD looks bearish. Look to short AUDNZD on the one hour time frame and on the 15 minute time frame.
CADCHF looks bearish on the four hour chart. Always use risk management. But this set up has a solid risk to reward if it works out. Entries are often best found on smaller time frames. CADCHF Sell Stop Loss: 0.734 Targets: 0.727 0.726 0.724 0.72 ( about 90+ pips)
These are areas on the chart, where if SPX500 drops, I would possibly look to buy.
The dip could get worse. However, SPX500 looks like it might have bullish support around the 3500 level.
NAS100 looks to be in what may be rumored to be a technical recession. Looking at the chart it has never been down this much in history. Trying to identify a bottom might be a challenge.
XRP is looking more and more bearish. Sellers might temporarily take control down to about 0.40. Use extreme risk management. Ripple XRPUSD Sell Stop Entry Price: 0.48 Stop Loss: 0.52 Targets: 0.46 0.44 0.40
Currently on larger time frames, NAS100 looks to be in a buying range. Yes, it could drop more. Major supports for NAS100 are around 10700, it's unlikely to drop too much below that price range unless the bears take over for a big sell. Look for great entries on the smaller time frame to take the buys up.
GBPJPY might be bullish for 20 - 80 pips in London Session.
GBPNZD looks bearish on the four hour time frame. Look for a good entry on the 15 minute time frame to enter a sell.
Bitcoin looks bullish on the 15 minute time frame. Looking closely you might notice a bullish crab harmonic pattern. Always use risk management. Anything can happen. Trade what you see. BTCUSD Buy Stop Loss: 18900 (super tight stop loss for less risk: 19100) Targets: 19600 19700 19800 19900 20000 21000-100000
USDCAD look bearish on the 15 minute time frame. Perhaps the bulls are exhausted. However, the NFP report releases in a few hours so use risk management as markets could be volatile. USDCAD Sell Stop Loss: 1.38 Targets: 1.373 1.372 1.37 1.368 1.365 1.358 (about 150 pips)
USDJPY is sitting in consolidation on smaller time frames. However, the 4 hour time frame looks bearish. I would look for a good entry to ride the sell when indicators show the bears have taken control.
GBPJPY looks bearish on the larger time frames. This pair has much movement, so finding a good entry is key. GBPJPY Swing Sell Stop Loss: 166.0 (200+ pips) Targets: 163.8 163.6 163.4 163.0 (around 100 pips) 162.0 161.0 158.0 156.0 152.0
Looks like NAS100 wants to slide. Set alerts at the levels on the chart and look for sells.
Gold looks like it might drop lower to 1716 range, 1700 range and maybe 1680 range. Gold doesn't directly mirror indices in my opinion but I think Friday's slump in the stock market lead to gold falling short. If Nasdaq and other indices keep bleeding gold could get cheaper until bulls kick in. Also, its NFP week, and that's usually when unexpected things happen...
USDJPY Looks bullish on 30 minute as well as the 15 minute time frame. Targets: 133.2 133.5 134.5 135.0 Asian session might provide the best entry point, so it might be wise to wait until, unless you see some good price action opportunities.