EURAUD to find support at previous resistance?EURAUD - Intraday - We look to Buy at 1.6350 (stop at 1.6300)
Previous support located at 1.6400.
Previous resistance located at 1.6425.
Broken out of the triangle formation to the upside.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.6425 will confirm the bullish momentum.
Our profit targets will be 1.6470 and 1.6495
Resistance: 1.6425 / 1.6450 / 1.6475
Support: 1.6400 / 1.6350 / 1.6325
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Tradeidea
Bitcoin continues to hold back bulls.Bitcoin - 24h expiry - We look to Sell at 27388 (stop at 27888)
We look to trade the current range.
Bespoke resistance is located at 27500.
We look for a temporary move higher.
The bias is to break to the downside.
The sequence for trading is lower lows and highs.
Our profit targets will be 26138 and 25738
Resistance: 26800 / 27200 / 27500
Support: 26600 / 26500 / 26250
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
JP225 to see a lower correction?NIK225 - 24h expiry
We are trading at oversold extremes.
A higher correction is expected.
This is positive for sentiment and the uptrend has potential to return.
The 50% Fibonacci retracement is located at 30124 from 28893 to 31355.
Further upside is expected although we prefer to buy into dips close to the 30125 level.
We look to Buy at 30125 (stop at 29925)
Our profit targets will be 30625 and 30725
Resistance: 31410 / 32200 / 32610
Support: 30300 / 29710 / 29295
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.
Will AUDUSD react at previous swing low?AUDUSD - 24h expiry
We are trading at oversold extremes.
Price action looks to be forming a bottom.
Indecisive price action has resulted in sideways congestion on the intraday chart.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Previous support located at 0.6574.
We look to Buy at 0.6575 (stop at 0.6540)
Our profit targets will be 0.6665 and 0.6780
Resistance: 0.6665 / 0.6780 / 0.6925
Support: 0.6550 / 0.6380 / 0.6170
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.
Alibaba to breakdown?Alibaba - 30d expiry - We look to Sell a break of 79.38 (stop at 84.38)
The primary trend remains bullish.
The stock is currently underperforming in its sector.
This is currently an actively traded stock.
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
79.48 has been pivotal.
A break of the recent low at 79.48 should result in a further move lower.
Our profit targets will be 67.38 and 65.38
Resistance: 85.00 / 88.50 / 91.43
Support: 82.70 / 79.48 / 75.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
EURAUD in a triangle.EURAUD - 24h expiry - We look to Sell at 1.6325 (stop at 1.6375)
Previous support located at 1.6250.
Previous resistance located at 1.6300.
Price action has continued to range within a triangle formation.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 1.6205 and 1.6185
Resistance: 1.6300 / 1.6325 / 1.6400
Support: 1.6250 / 1.6200 / 1.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Litecoin to breakdown?Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78)
Daily signals are bearish.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 88.90 should result in a further move lower.
Expect trading to remain mixed and volatile.
Although buying has been posted overnight, the rally has been limited.
Our profit targets will be 81.28 and 80.28
Resistance: 93.00 / 94.15 / 95.00
Support: 90.20 / 88.90 / 87.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Looking for GBPAUD dips.GBPAUD - 24h expiry
Previous support located at 1.8700.
Previous resistance located at 1.8800.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Momentum is flat, highlighting the lack of clear direction.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 1.8650 (stop at 1.8599)
Our profit targets will be 1.8775 and 1.8800
Resistance: 1.8775 / 1.8800 / 1.8850
Support: 1.8700 / 1.8650 / 1.8600
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.
USDCHF to find support at trend line?USDCHF - 24h expiry - We look to Buy at 0.8963 (stop at 0.8938)
Short-term bias has turned positive.
Trend line support is located at 0.8960.
Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending.
We are trading at oversold extremes.
We look to buy dips.
Our profit targets will be 0.9023 and 0.9033
Resistance: 0.8995 / 0.9025 / 0.9050
Support: 0.8975 / 0.8955 / 0.8941
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 Downside PotentialHey traders!
For Day 12/100, we're looking at GBPUSD downside risks.
On the technicals side:
- Overall bearish trend
- Created strong resistance + 62% retracement
- Break of HH-HL retracement structure
- Break below 1.244 support
- Now retesting that previous support as resistance
- We're looking to take sells anytime now if it selling signals on H4 and H1 persist
On fundamentals side:
- We have a risk of CPI disappointment on UK side
- Couple of institutions expecting a cooler print than expected
- If that's the case, then aggressive market pricing of next rate hike may be in danger
- USD upside risk of positive rhetoric from debt-ceiling negotiations
Vmware to see a higher correction?VMware - 30d expiry - We look to Sell a break of 120.88 (stop at 124.72)
Trading has been mixed and volatile.
The medium term bias is neutral.
A break of the recent low at 121.19 should result in a further move lower.
Bearish divergence is expected to cap gains.
Short term MACD has turned negative.
Our profit targets will be 112.12 and 110.12
Resistance: 126.36 / 127.00 / 129.15
Support: 123.83 / 122.00 / 121.19
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
NZDUSD to find buyers at previous resistance?NZDUSD - 24h expiry
Previous support located at 0.6275.
Previous resistance located at 0.6300.
The trend of higher lows is located at 0.6190.
Further upside is expected.
A move through 0.6300 will confirm the bullish momentum.
We look to Buy at 0.6255 (stop at 0.6230)
Our profit targets will be 0.6315 and 0.6325
Resistance: 0.6300 / 0.6310 / 0.6325
Support: 0.6275 / 0.6250 / 0.6225
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.
MU Entry, Volume, Target, StopWhen price clears: 65.42
With daily volume greater than 16.2M
Target: 82.50 area
Depending on your risk tolerance: 59.73 gets you 3/1 Risk/Reward.
Resistance: 75-76 area
Nothing to show on the chart, I'm counting on a break of the long running channel on high volume.
This trade idea is not trade advice. This swing trade idea 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.
USDCHFTrend on 4 Hour chart= Bullish(Price is above the 200 day EMA)
Current Swing = Bearish; Price is in a pull phase (Pullback)
Price Action = printing doji candle on the H4 time-frame, signaling potential morning star formation(trend continuation)
Wait for a strong H4 bullish momentum candle close before going long!
Target = 0.90504
Stop loss = 0.89629
EURUSD Downside PotentialHey traders! Do you also have this in your watchlist?
This is one setup we have on our watchlist and anticipating for next week.
EURUSD breaks support and created a lower low.
Recently made a move to the upside for a retest of the pivot.
Expecting 79% Fib and 1.084 resistance to hold.
Target is next support at 1.074 area.
Enjoy your weekend!
WIX broke down from a corrective channel.Wix.Com - 30d expiry - We look to Sell a break of 73.78 (stop at 78.78)
Broken out of the channel formation to the downside.
Short term bias has turned negative.
Short term momentum is bearish.
A break of the recent low at 73.92 should result in a further move lower.
Our outlook is bearish.
Our profit targets will be 61.87 and 59.87
Resistance: 80.70 / 85.20 / 87.00
Support: 78.00 / 73.92 / 70.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
NKE Entry, Volume, Target, StopWhen price clears: 119.15
With daily volume greater than average.
Target: 130.00 area
Stop: Depending on your risk tolerance; 116.45 gets you 4/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea 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.