buy GBP CHF NOOOW

buy GBP CHF NOOOW

GBP/CHF OANDA:GBPCHF


Good rebound from support. Although the price shows down. But apparently the long-term investment is more looking up than down. Since the support of 161 on the Fibonacci line was tested. From it, and must = bounce level up. the psychological level can push the big players. Interested in the long-term finals. Or a bank parachute that pulls a lot of players. But before that, it will shake them well. if they understand that the price goes down. A simple test of support and moving. Cling to the ba in the long term trend

S&P 500 – 240 – Consolidation

S&P 500 – 240 – Consolidation

S&P 500 SP:SPX


US markets could come under pressure again this week with the US CPI             release that is due to come out on Wednesday.

Even with the recent sell-offs, S&P 500             is still on the overall upwards moving trendline . We would need to see a move back to its recent lows of around 2530 to consider shorting this market again. For now we are quite neutral on the S&P 500             and may trade within a range for the whole Tuesday. This would prepare the index for a potential big move on Wednesday. We can see that on the 4h chart, S&P 500             is within this newly formed descending triangle and we believe that it might stay there for today. It could potentially go to the lows of around 2620 or even 2600.

If there will be something that will round up the bulls today and they will decide to charge the index, then look for a test of the downwards trendline shown on the chart. If this doesn’t hold, then 2670 should be on your radar.

GBPUSD- Sell at 1.3855 and 1.3876 (stop 1.3920), Tuesday

GBPUSD- Sell at 1.3855 and 1.3876 (stop 1.3920), Tuesday


Trading in CABLE Monday was muted. A range of 80-pips kept the currency pair tightly inside Friday’s parameters. This indecisive ‘Inside’ day clearly shows some uncertainty but it is the lack of a positive rebound that emphasises that the undertone remain negative after last week’s completion of a Bearish Evening Star pattern. With this in the background, this morning’s call is a Cautious Sell at 1.3855 but leaving room to Sell any Rally to 1.3876, Monday’s high. The risk is 1.3920 with an immediate target of 1.3832, Asian low. A move through that point then exposes sentiment to 1.3796, yesterday’s base, and Friday’s 1.3765 low point.

Forex Technical Analysis: Trend potential – Re sell around (110.46-110.15)

USDJPY – Down

Re sell around (110.46-110.15)

Technical observation

On the daily chart above,USDJPY has been trading on an upward trend,recently,price retraced to a resistance zone (110.46-110.15) but got rejected and is currently rallying towards a key line 109.79.I expect a possible rejection of price at 109.79 and a correction to the resistance zone to resellUSD with my take profit at 109.79 and stop loss at 110.95.In case price does not get rejected at 109.79 and instead breaks below it, then I would advise you wait for a retracement to the just broken line before you sell USDJPY towards 105.78.If price breaks above (110.46-110.15) then that would be the ideal time to buy USD.

Technical levels

Resistance levels

R1.109.39

R2.109.99

R3.111.25

Pivot

108.72

Support levels

S1.108.13

S2.107.45

S3.106.19

Trade signal

Re sell USD around (110.46-110.15) with your take profit at 109.79 and stop loss at 110.95.

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Forex Technical Analysis: Trend potential – Sell around (1.4069-1.2023)

GBPUSD – Flat

Sell around (1.4069-1.2023)

Technical observation

Price broke down below a support zone (1.4069-1.4023) on 5th of this month, it then went down before correcting to the broken zone with a pin bar tail then continued down up to a key line 1.3792.Currently price is rallying towards (1.4069-1.4023) and I expect a rejection of it at the zone or around the zone for a bearish movement of price towards 1.3792 or even further lower to 1.3313.Right now i would advise you short GBPUSD after a rejection of price around the resistance zone with your first target at 1.3792 and the next at 1.3313 and stop loss at 1.4134.

Technical levels

Resistance levels

R1.1.3953

R2.1.4082

R3.1.4306

Pivot

1.3859

Support levels

S1.1.373

S2.1.3636

S3.1.3412

Trade signal

Short GBPUSD around (1.4069-1.4023) with your first target at 1.3792 and the next at 1.3313 and stop loss at 1.4134.

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Forex Technical Analysis: Trend potential – Short EUR around (1.2379-1.2334)

EURUSD – Up

Short EUR around (1.2379-1.2334)

Technical observation

A clear breakout was seen on the daily chart above on 7th of this month this year when price went down below a support zone (1.2379-1.2334) with a big red candle, it then rallied below the zone and is currently retracing back to it.I expect a possible rejection and bearish movement of price towards 1.2184,I expect price to also break out below the next key line 1.1935 and continue further down towards 1.1741.Right now only short positions look ideal and can be advised within (1.2379-1.2334) with your first take profit at 1.2184 and the next at 1.1935 and your stop loss at 1.2434.

Technical levels

Resistance levels

R1.1.2291

R2.1.2331

R3.1.2413

Pivot

1.2248

Support levels

S1.1.2209

S2.1.2166

S3.1.2084

Trade signal

Short EURUSD around (1.2379-1.2334) with your first take profit at 1.2184 and the next at 1.1935 and your stop loss at 1.2434.

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