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GBPAUD Bullish Trade Idea from 2.00381-2.0082GBPAUD Bullish Trade Idea The price fell from the 2.02834 zone and hit back the 2.00381 zone, just respecting the recent support level. Now the important question is: does the price just test back and wait for the confirmation candle over this zone to reach the next level? In H4, the bear pressure will increase over time, and the volume increased with sentiments also showing that more volume on the buy side. and the major zone will be tested. Key level: if the market breaks the support, then we must see at the 1.99567 zone, but on the other side, the Pound index is strong enough. When the market breaks the 2.00820 level, put buy trade. Buying zone: 2.00381 - 2.0082 Stop loss: 1.99778 Take Profit Level: 2.0158-2.02763
Long
by Bloom_Forex_Official
NZDUSD to continue in the downward move?NZDUSD - 24h expiry Price action looks to be forming a bottom. A Doji style candle has been posted from the base. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. We look to Sell at 0.5704 (stop at 0.5736) Our profit targets will be 0.5623 and 0.5520 Resistance: 0.5705 / 0.5850 / 0.5960 Support: 0.5630 / 0.5520 / 0.5320 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.
Short
by OANDA
CN50 to see a temporary move higher?CHN50 - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Buying pressure from 13255 resulted in prices rejecting the dip. The current move higher is expected to continue. Preferred trade is to sell into rallies. Further downside is expected although we prefer to sell into rallies close to the 13705 level. We look to Sell at 13705 (stop at 13875) Our profit targets will be 13220 and 13070 Resistance: 13695 / 14320 / 15090 Support: 13070 / 12180 / 11050 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.
OANDA:CN50USDShort
by OANDA
NZDUSD forming a bottom?NZDUSD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 0.5750. Price action looks to be forming a bottom. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.5775 will confirm the bullish momentum. We look to Buy at 0.5750 (stop at 0.5720) Our profit targets will be 0.5825 and 0.5850 Resistance: 0.5775 / 0.5800 / 0.5825 Support: 0.5750 / 0.5725 / 0.5700 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.
Long
by OANDA
EURCAD BUY | Idea Trading AnalysisEURCAD is moving in an UP trend channel. The chart broke through the dynamic Resistance line.. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
3
#BTC Potential Long Setup looking at the Volume increasing now and the Breakout of the Value Area High with Confluences also from the WVAP i personally could now imagen that this Drop what we had was the last Drop for now to catch everything deeper. i will take a Risk and it is my Personal thought that we will see those Targets on BTC: 📈 Entry CMP : 101164 🛑 SL: 97993 🎯 Target 1: 105710.5 🎯 Target 2: 112919.0 🎯 Target 3: 124707.0 🎯 Target 4: 136410.0 🎯 More TP: 140k - 150k also do your own Reseach this is my own idea. Cheers to all and happy Trading.
BYBIT:BTCUSD.PLong
by ML-Master
NZDUSD to continue in the downward move?NZDUSD - 24h expiry There is no indication that the selloff is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.5775 will confirm the bearish momentum. The measured move target is 0.5750. We look to Sell at 0.5820 (stop at 0.5844) Our profit targets will be 0.5760 and 0.5750 Resistance: 0.5800 / 0.5820 / 0.5850 Support: 0.5775 / 0.5760 / 0.5750 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.
Short
by OANDA
$JOBY: Strategic Entry into the eVTOL MarketI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Joby Aviation, Inc. ( NYSE:JOBY ): Strategic Entry into the eVTOL Market Trade Setup: - Entry Price: $6.91 - Stop-Loss: $3.61 - Take-Profit Targets: - TP1: $12.76 - TP2: $21.08 Company Overview: Joby Aviation, Inc. is a leading player in the emerging electric vertical takeoff and landing (eVTOL) aircraft industry. The company focuses on developing zero-emission aircraft to revolutionize urban air mobility. With substantial investments in technology and partnerships, Joby aims to launch commercial operations by 2025. Earnings Reports: - In Q3 2024, NYSE:JOBY reported a net loss of **$476.86 million**, as expected for a pre-revenue company heavily investing in research and development. - Total cash reserves stand at **$1.1 billion**, ensuring sufficient runway for operational and developmental goals. Valuation Metrics: - Market Cap: **$6.54 billion**. - Given its pre-revenue status, traditional valuation metrics like P/E or P/B are not applicable. Instead, the company is valued on its growth potential in the emerging eVTOL market. Dividends: - NYSE:JOBY does not pay dividends, prioritizing reinvestment into its development and expansion plans. Market News: - Recent announcements include plans to raise **$300 million** through equity sales, strengthening financial resources ahead of the anticipated commercial launch. - Joby also received its first production airworthiness certificate, a critical milestone toward FAA certification. Analyst Ratings: - Analyst consensus: **Moderate Buy**. - Average price target: **$8.35**, reflecting mixed sentiment due to the stock’s volatility and developmental stage. Risk/Reward Analysis: With a stop-loss at **$3.61**, the downside risk is approximately **47.75%**, while the upside potential to TP1 ($12.76) offers a reward of **84.66%**. TP2 at **$21.08** provides an extended reward potential of over **200%**. This setup appeals to long-term investors with high-risk tolerance. Conclusion: Joby Aviation represents a compelling opportunity for growth investors looking to capitalize on the eVTOL market's potential. While the stock's volatility and pre-revenue status introduce risk, its significant milestones and industry positioning make it a high-reward prospect. When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave! Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
NYSE:JOBYLong
by SiriusTrading
DAX to breakdown?GER40 - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. A higher correction is expected. A break of the recent low at 20259 should result in a further move lower. Rallies should be capped by yesterday's high. We look to Sell a break of 20245 (stop at 20365) Our profit targets will be 19945 and 19845 Resistance: 20396 / 20474 / 20600 Support: 20259 / 20200 / 20119 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.
OANDA:DE30EURShort
by OANDA
1
NZDJPY to turnaround?NZDJPY - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff is close to an exhaustion count on the daily chart. Price action looks to be forming a bottom. Bespoke support is located at 87.80. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 87.80 (stop at 87.30) Our profit targets will be 89.00 and 89.25 Resistance: 89.00 / 89.50 / 90.00 Support: 88.50 / 87.80 / 87.30 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.
Long
by OANDA
USDCHF to turnaround?USDCHF - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. 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 bearish momentum, or at least a correction higher. A bullish reverse Head and Shoulders has formed. Bespoke support is located at 0.8780. We look to buy dips. We look to Buy at 0.8780 (stop at 0.8756) Our profit targets will be 0.8845 and 0.8860 Resistance: 0.8803 / 0.8825 / 0.8850 Support: 0.8780 / 0.8750 / 0.8727 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.
Long
by OANDA
1
ANF: Positioned for Growth Amid Strong Financial MomentumAbercrombie & Fitch Co. ( NYSE:ANF ): Positioned for Growth Amid Strong Financial Momentum Trade Setup: - Entry Price: $151.35 (activated) - Stop-Loss: $110.18 - Take-Profit Targets: - TP1: $205.94 - TP2: $291.21 Company Overview: NYSE:ANF is a leading specialty retailer offering casual apparel and accessories under brands like Abercrombie & Fitch and Hollister, catering to diverse demographics globally. The company has demonstrated resilience and adaptability, maintaining its relevance in a competitive retail market. Financial Performance: - In Q3 2024, NYSE:ANF reported a net income increase of **10.9%**, totalling $131.98 million. - Revenue grew **14% year-over-year** to a record **$1.21 billion**, marking six consecutive quarters of double-digit growth. - The company continues to expand its digital and physical presence, enhancing customer engagement and operational efficiency. Analyst Ratings: - Analysts have a consensus **"Moderate Buy" rating** on NYSE:ANF , with a median price target of **$190**, suggesting upside potential. - Optimistic price targets range up to $250, reflecting confidence in NYSE:ANF ’s ability to sustain its growth trajectory. Risk/Reward Analysis: - The stop-loss at **$110.18** limits downside risk to approximately **27%** from the entry point. - Take-profit targets at **$205.94** and **$291.21** offer potential upside of **36%** and **92%**, respectively, creating a favourable risk-reward scenario. Conclusion: NYSE:ANF continues to demonstrate strong financial performance and positive market sentiment, supported by robust revenue growth and strategic initiatives. This trade setup balances calculated risks with the potential for significant returns. When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
NYSE:ANFLong
by SiriusTrading
GBPAUD to turnaround?GBPAUD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further upside before the downtrend returns. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9850. We look to Sell at 1.9850 (stop at 1.9900) Our profit targets will be 1.9710 and 1.9680 Resistance: 1.9850 / 1.9900 / 1.9930 Support: 1.9700 / 1.9600 / 1.9500 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.
Short
by OANDA
GBPUSD to find bears at current market price?GBPUSD - 24h expiry The primary trend remains bearish. The rally is close to a correction count on the intraday chart. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.2735. We look to Sell at 1.2735 (stop at 1.2765) Our profit targets will be 1.2645 and 1.2620 Resistance: 1.2750 / 1.2780 / 1.2800 Support: 1.2660 / 1.2630 / 1.2600 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.
Short
by OANDA
HK33 in inverted head and shoulders?HS50 - 24h expiry Price action looks to be forming a bottom. A Doji style candle has been posted from the high. A lower correction is expected. Short term bias is mildly bullish. Preferred trade is to buy on dips. Economic figures could adversley affect the short term technical picture. We look to Buy at 19480 (stop at 19280) Our profit targets will be 19980 and 20135 Resistance: 19995 / 20835 / 21880 Support: 19150 / 17955 / 16430 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.
OANDA:HK33HKDLong
by OANDA
EURJPY to find sellers at market price?EURJPY - 24h expiry Buying pressure from 156.17 resulted in prices rejecting the dip. The current move higher is expected to continue. 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 158.60 level. We look to Sell at 158.60 (stop at 159.43) Our profit targets will be 156.22 and 154.40 Resistance: 159.10 / 160.55 / 162.00 Support: 157.05 / 154.40 / 151.10 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.
Short
by OANDA
A stock to watch for... LONG setup or PUMP and DUMP ? PSQ Holdings, Inc. (PSQH) has recently seen a significant surge in its stock price following the announcement that Donald Trump Jr. will join the company's board of directors. This news has generated substantial investor interest, leading to a more than 270% increase in share price for the session. The addition of Donald Trump Jr. to the board is a strong positive signal for the company, indicating potential strategic changes and increased credibility. Given the recent surge in stock price and positive analyst ratings, there is a strong case for a continued upward trend. In addition, his father is the USA president... And you know what I think of human nature... So trust human nature... and watch for a LONG setup on this stock. Obviously, watch it carefully so it will not turn out as a pump and dump, so manage your risk properly.
NYSE:PSQHLong
by ZoharCho
EURNZD to continue in the downward move?EURNZD - 24h expiry 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. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.7888. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.7885 (stop at 1.7945) Our profit targets will be 1.7735 and 1.7705 Resistance: 1.7884 / 1.7933 / 1.7970 Support: 1.7814 / 1.7785 / 1.7741 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.
Short
by OANDA
NZDUSD to find sellers at current resistance?NZDUSD - 24h expiry The medium term bias remains bearish. The rally has posted a correction count on the daily chart. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.5900. We look to Sell at 0.5905 (stop at 0.5929) Our profit targets will be 0.5845 and 0.5830 Resistance: 0.5890 / 0.5920 / 0.5940 Support: 0.5840 / 0.5820 / 0.5800 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.
Short
by OANDA
USDCHF to continue in the upward move?USDCHF - 24h expiry Daily signals are bullish. 20 1day EMA is at 0.8806. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. We look to buy dips. Our outlook is bullish. Support is located at 0.8800 and should stem dips to this area. We look to Buy at 0.8806 (stop at 0.8778) Our profit targets will be 0.8876 and 0.8886 Resistance: 0.8853 / 0.8875 / 0.8890 Support: 0.8834 / 0.8820 / 0.8794 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.
Long
by OANDA
7
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop? GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam? Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why: Trend Analysis The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure. Market Cycles Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard. Fundamental Backdrop The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound. Trade Idea Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias. Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
Short
by UpstreamTraders
Are You Trading the Right Zones?Understanding key areas like demand zones, liquidity grabs, and volume profile levels is crucial for consistent success in trading. Here's how I approach them: 1️⃣ Liquidity Grabs: I wait for the market to grab liquidity from obvious levels. Why? It’s often a signal of institutional players stepping in. 2️⃣ Demand and Supply Zones: These zones are where price historically reverses. Identifying them helps me anticipate high-probability setups. 3️⃣ Volume Profile Insights: Volume tells a story! Zones with strong volume usually act as magnets, drawing price back for a reaction. 🔑 Pro Tip: Patience is key. Wait for confirmation at these levels instead of rushing into a trade. 💬 Let me know—what tools do you use to identify your trade zones?
by Safaric