AMZN Entry, Volume, Target, StopEntry: with price above 147.29
Volume: with volume greater than 63.87M
Target: 168.47 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages)
Stop: Depending on your risk tolerance; Based on an entry of 147.30, 142.00 gets you 4/1 Reward to Risk Ratio.
This LONG 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.
Tradeidea
AFL Entry, Volume, Target, StopEntry: with price above 82.72
Volume: with volume greater than 2.71M
Target: 86.95 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages)
Stop: Depending on your risk tolerance; Based on an entry of 82.73, 81.33 gets you 3/1 Reward to Risk Ratio.
This LONG 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.
AUDJPY to continue in the upward move?AUDJPY - Intraday
There is no clear indication that the upward move is coming to an end.
Trend line support is located at 97.70.
Risk/Reward would be poor to call a buy from current levels.
A move through 98.00 will confirm the bullish momentum.
The measured move target is 98.50.
We look to Buy at 97.70 (stop at 97.45)
Our profit targets will be 98.35 and 98.50
Resistance: 98.00 / 98.25 / 98.50
Support: 97.70 / 97.50 / 97.25
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.
NZDUSD remains volatile in a trading range.NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the daily chart.
Pivot resistance is at 0.6140.
We expect a reversal in this move.
A move through 0.6100 will confirm the bearish momentum.
The measured move target is 0.6050.
We look to Sell at 0.6140 (stop at 0.6166)
Our profit targets will be 0.6075 and 0.6060
Resistance: 0.6120 / 0.6140 / 0.6150
Support: 0.6075 / 0.6065 / 0.6050
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.
EURUSD to continue in the downward move?EURUSD - 24h expiry
The medium term bias remains bearish.
Buying pressure from 1.0695 resulted in all the initial daily selloffs being recaptured.
Buying posted in Asia.
There is scope for mild buying at the open but gains should be limited.
Expect trading to remain mixed and volatile.
We look to Sell at 1.0755 (stop at 1.0780)
Our profit targets will be 1.0780 and 1.0765
Resistance: 1.0755 / 1.0764 / 1.0795
Support: 1.0700 / 1.0695 / 1.0650
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.
NZDJPY to find buyers at current support?NZDJPY - 24h expiry
Trading within a Bullish Channel formation.
Dips continue to attract buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
A lower correction is expected.
Bespoke support is located at 91.30.
We look to Buy at 91.30 (stop at 91.00)
Our profit targets will be 92.05 and 92.25
Resistance: 91.90 / 92.20 / 92.40
Support: 91.30 / 91.00 / 90.70
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 to find buyers at current support?AUDUSD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The selloff has posted a correction count on the daily chart.
Risk/reward is ample to call a buy trade.
Price action looks to be forming a bottom.
Bullish divergence can be seen on the 4 hour chart (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.
We look to Buy at 0.6520 (stop at 0.6496)
Our profit targets will be 0.6580 and 0.6595
Resistance: 0.6560 / 0.6590 / 0.6615
Support: 0.6500 / 0.6470 / 0.6445
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.
NVIDIA to keep on this crazy rally?NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15)
Price action has formed a bullish ascending triangle formation.
There is no clear indication that the upward move is coming to an end.
Daily signals for sentiment are at overbought extremes.
In our opinion, this stock is overvalued.
A break of the recent high at 709.44 should result in a further move higher. The bias is to break to the upside.
Our profit targets will be 750.15 and 760.15
Resistance: 709.44 / 720.00 / 740.00
Support: 693.50 / 680.00 / 663.00
AUDUSD forming a bottom?AUDUSD - Intraday
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The selloff has posted a correction count on the daily chart.
We are trading at oversold extremes.
Preferred trade is to buy on dips.
We look to Buy at 0.6480.
We look to Buy at 0.6480 (stop at 0.6456)
Our profit targets will be 0.6540 and 0.6555
Resistance: 0.6520 / 0.6550 / 0.6575
Support: 0.6480 / 0.6460 / 0.6435
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.
EURNZD to find sellers at market levels?EURNZD - 24h expiry
Broken out of the channel formation to the downside.
With resistance seen at 1.7690 and Marabuzo resistance at 1.7680, there is scope for selling rallies.
Preferred trade is to sell into rallies.
Short term MACD has turned negative.
50 4hour EMA is at 1.7692.
We look to Sell at 1.7685 (stop at 1.7735)
Our profit targets will be 1.7565 and 1.7535
Resistance: 1.7660 / 1.7690 / 1.7730
Support: 1.7640 / 1.7600 / 1.7550
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.
CHN50 to breakdown?CHN50 - 24h expiry
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
The primary trend remains bearish.
Short term momentum is bearish.
We look for losses to be extended today.
A break of the recent low at 11356 should result in a further move lower.
We look to Sell a break of 11345 (stop at 11465)
Our profit targets will be 11045 and 10965
Resistance: 11430 / 11500 / 11574
Support: 11356 / 11300 / 11200
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.
NZDUSD remains mixed and volatile.NZDUSD - 24h expiry
Price action has stalled at good resistance levels and currently trades just below here (0.6120).
We expect a reversal in this move.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
A move through 0.6100 will confirm the bearish momentum.
The measured move target is 0.6040.
Our profit targets will be 0.6060 and 0.6045
We look to Sell at 0.6120 (stop at 0.6144)
Resistance: 0.6120 / 0.6135 / 0.6150
Support: 0.6100 / 0.6045 / 0.6040
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.
NZDJPY M30 / Short Trade Opportunity 💲Hello Traders!
- SHORT TRADE EXECUTION -
This is my idea related to NZDJPY M30. I see that the trend is going bearish, and I expect that the PDL or BOSS will be taken. My target is the OB level at M30 tf.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
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www.tradingview.com
GBPUSD - Is catching a falling knife worth it?GBPUSD - 24h expiry
The primary trend remains bullish.
The selloff has posted a correction count on the daily chart.
A move lower faces tough support and we remain cautious on downside potential.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Preferred trade is to buy on dips.
We look to Buy at 1.2550 (stop at 1.2500)
Our profit targets will be 1.2690 and 1.2730
Resistance: 1.2650 / 1.2690 / 1.2730
Support: 1.2550 / 1.2500 / 1.2460
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.
GBPUSD Day Analysis | Sell Setup| Bearish is comingHello Traders, here is the full analysis.
This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one.
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
USDJPY→ Day Analysis | Sell SetupHello Traders, here is the full analysis.
Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUDUSD continues in a range.AUDUSD - 24h expiry
Trading has been mixed and volatile.
Price action has continued to range within a rectangle formation.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 0.6600.
We look to Sell at 0.6600 (stop at 0.6624)
Our profit targets will be 0.6540 and 0.6520
Resistance: 0.6600 / 0.6630 / 0.6660
Support: 0.6540 / 0.6510 / 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.
AUD/USD’s bumpy ride to continueAUD/USD started 2024 strong, above 0.68 after a nearly 4% rally in December.
However, the exchange rate soon ran into trouble and reversed this rally. I maintain the Q1 and Q4 forecasts for AUD/USD of 0.68 and 0.72 respectively.
While there is a further repricing of the Fed, which will weigh on the exchange rate,
investors will also push back expectations for RBA rate cuts, and I think we are
getting close to peak investor pessimism towards China’s economy.
Are we close to peak China pessimism?
Iron prices rallied strongly into year-end and took AUD/USD along with them.. Industry watchers put the rally down to restocking from low levels of
inventories ahead of the Australian cyclone season and potential supply
interruptions. There were also newswire reports of steel makers operating at losses
to boost employment and in anticipation of larger stimulus for the beleaguered
residential property sector.
The RBA vs the Fed
The RBA was a gentler rate hiker than the Fed. This, along with China’s weak
recovery has contributed to a downtrend in AUD/USD after the pandemic even as
global equity markets and commodity prices have rallied. I think the
game changer for AUD/USD during 2024 will be the relative Australian and US
monetary policy outlooks.
Looser fiscal and monetary policy Down Under
Australia is also undergoing a further loosening in fiscal policy in the coming six
months. The Stage 3 tax cuts have been a known quantity since the general
election in H122. Both major parties went to the polls with them as part of their
policy manifestos. The tax cuts were to unify the 32% and 37% income tax brackets
for annual incomes between AUD45-200k into a single 30% bracket starting 1 July.
The Stage 3 tax cuts were equivalent to about 50bp worth of RBA rate cuts,
according to some economists’ estimations. This assumes a significant proportion
of them were going to be saved by higher income groups.
These factors will have two implications for the relative monetary policy paths of
Australia and the US: (1) the Fed will be able to cut rates sooner than the RBA;
and (2) the Fed will cut rates more than the RBA. So, I expect a rise in the
Australian-US short-term rates spread in 2024 to give the AUD/USD a lift.
Follow for more updates on the FOREX and STOCK market:
GBPAUD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
VST Entry, Volume, Target, StopEntry: with price above 36.50
Volume: with volume greater than average. Normally I would say greater than the volume from the previous high, in this case 6.032M, but given that volume is from earnings, that is unlikely. The more volume the better.
Target: 39.19 area. This is an area, you might consider existing early if price drops below a significant moving average such as the 10, 20, or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages.
Stop: Depending on your risk tolerance; Based on an entry of 36.51, 35.62 gets you 3/1 Reward to Risk Ratio.
For a higher risk and higher reward trade, enter when price breaks above 35.31 (high from Nov 16) and set your stop below the entry day or day before entry day candle, or wherever your normal risk tolerance allows.
This LONG 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.