AUDUSD downward move continues.AUDUSD - Intraday
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 0.6440.
50 4hour EMA is at 0.6445.
We look to Sell at 0.6445 (stop at 0.6475)
Our profit targets will be 0.6375 and 0.6355
Resistance: 0.6420 / 0.6440 / 0.6460
Support: 0.6400 / 0.6380 / 0.6364
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Tradeidea
Cable: Short Idea At 1.2820 So far this year, the pound has made significant progress to the upside. However, there's now a chance that the pair completed the final wave (5) of a five-wave bullish cycle, especially if we consider an ending diagonal formation within wave (5) and a broken trendline, so traders should be aware of more weaknes. A drop from 1.3145 can be counted in five waves for wave (A), so weakness will most likely resume, but after rally in wave (B) which has a nice resistance near 1.2818 for a flat. Higher levels to watch is at 1.3.
I may look for shorts on this one, at the upper side of the current range, form around 1.28 then.
GH
MCD Entry, Volume, Target, StopEntry: with price above 298.80
Volume: with volume greater than 2.12M
Target: 318 area
Stop: Depending on your risk tolerance; 292.42 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
EURUSD medium term bias remains bearish.EURUSD - 24h expiry
A Doji style candle has been posted from the base.
Buying posted in Asia.
The medium term bias remains bearish.
Bespoke resistance is located at 1.0933.
Previous support, now becomes resistance at 1.0929.
Preferred trade is to sell into rallies.
We look to Sell at 1.0933 (stop at 1.0963)
Our profit targets will be 1.0858 and 1.0838
Resistance: 1.0929 / 1.0933 / 1.0965
Support: 1.0845 / 1.0795 / 1.0750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Buying HP at trend of higher lows.HP Inc - 30d expiry - We look to Buy at 30.32 (stop at 29.32)
The sequence for trading is higher highs and lows.
Broken out of the triangle formation to the downside.
The trend of higher lows is located at 30.20.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 32.82 and 33.32
Resistance: 31.50 / 32.30 / 33.30
Support: 30.87 / 30.20 / 29.32
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
USDCHF remains in a slight uptrend.USDCHF - 24h expiry
Our short-term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 4-hour EMA is at 0.8769.
The sequence for trading is higher highs and lows.
Remains bullish while above last week's low.
We look to Buy at 0.8771 (stop at 0.8739)
Our profit targets will be 0.8851 and 0.8871
Resistance: 0.8814 / 0.8828 / 0.8850
Support: 0.8790 / 0.8770 / 0.8750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Netflix to breakdown?Netflix - 30d expiry - We look to Sell a break of 410.77 (stop at 430.77)
We are trading at overbought extremes.
485 has been pivotal.
Prices have reacted from 485.
Short term bias has turned negative.
Short term momentum is bearish. 411.50 has been pivotal.
A break of the recent low at 411.50 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 360.77 and 350.77
Resistance: 430.00 / 445.00 / 455.00
Support: 411.50 / 390.00 / 370.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
NZDJPY support has been holding back the bears.NZDJPY - 24h expiry
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
86.30 continues to hold back the bears.
Bespoke support is located at 86.27.
86.27 has been pivotal.
We look to buy dips.
Daily signals are mildly bullish.
We look to Buy at 86.45 (stop at 86.05)
Our profit targets will be 87.45 and 87.65
Resistance: 87.15 / 87.30 / 87.65
Support: 86.70 / 86.50 / 86.27
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDUSD gains to be limited.AUDUSD - 24h expiry
We are trading at oversold extremes.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 0.6525 level.
We look to Sell at 0.6525 (stop at 0.6560)
Our profit targets will be 0.6445 and 0.6425
Resistance: 0.6460 / 0.6550 / 0.6625
Support: 0.6340 / 0.6275 / 0.6185
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
The BULLISH Bitcoin Bounce has entered the chatIt's been a few weeks but the next liquidity signal has appeared on Bitcoin -- and it's bullish.
Back on August 1st, we had our first indication that price prices could be in the cards with the local low coming ever so close to its seasonal support. This was followed by a higher low six days later. Now we see the weekly attempting to cross over the monthly, which should portend higher prices to come.
AUDUSD remains negative.AUDUSD - Intraday
Our short-term bias remains negative.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
The bearish engulfing candle on the 4-hour chart is negative for sentiment.
Price action has posted a Doji candle and is neutral for the short-term sentiment.
We look for a temporary move higher.
50 4-hour EMA is at 0.6574.
We look to Sell at 0.6575 (stop at 0.6605)
Our profit targets will be 0.6505 and 0.6485
Resistance: 0.6540 / 0.6560 / 0.6585
Support: 0.6527 / 0.6500 / 0.6480
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.