Technical Analysis – Intra-day – 14 July 2020 – Tuesday

By | Intraday | No Comments

CFD: S&P 500 Index

Position: Short
Take Profit: 3125.0
Stop Loss: 3180.0

Cryptocurrencies: BTCUSD – BITCOIN

Position: Short
Take Profit: 9040.00
Stop Loss: 9250.00

CFD: WTI – US Oil

Position: Short
Take Profit: 39.85
Stop Loss: 38.45

CFD: DXY – US Dollar Index

Position: Long
Take Profit: 96.80
Stop Loss: 96.40

CFD: XAUUSD – SPOT GOLD

Position: Short
Take Profit: 1780.000
Stop Loss: 1808.00

FOREX: EURUSD

Position: Short
Take Profit: 1.12950
Stop Loss: 1.13700

FOREX: GBPUSD

Position: Short
Take Profit: 1.25800
Stop Loss: 1.25200

FOREX: AUDUSD

Position: Short
Take Profit: 0.69600
Stop Loss: 0.69100

FOREX: USDJPY

Position: Long
Take Profit: 107.450
Stop Loss: 107.050

FOREX: USDCAD

Position: Long
Take Profit: 1.36500
Stop Loss: 1.35900

Technical Analysis – Weekly Market Outlook 13 – 17 July 2020

By | Weekly Analysis | No Comments

CFD: S&P 500 Index

Looking at strong bullish trend and price moving towards upper line
High probability price to retest weekly upper line key level

Cryptocurrency: BTCUSD – BITCOIN

Price is strong above $9k and this week targeting to retest again on upper line resistance level

CFD: WTI – US Oil

Price is still strong above $40 and targeting to retest again on previous high
Expecting to move towards upper line

CFD: DXY – US Dollar Index

Looking towards weaker US Dollar and trend is still on consolidating between resistance & support key level
Target 95.78 support level

CFD: XAUUSD – SPOT GOLD

Price moving steady above $1,800 and still on uptrend channel
We are targeting price to hit upper line resistance on $1,833 by end of this week

FOREX: EURUSD

We are looking at bullish trend and price moving towards uptrend channel
Targeting price to hit next resistance level at upper line

FOREX: GBPUSD

Looking at bullish movement towards upper line and expecting to retest the previous high
Price will restest around median line before decide to head above or falls back to lower line

FOREX: AUDUSD

Looking at uptrend channel as price is on range
Targeting price to retest median resistance before heading above upper line

FOREX: USDJPY

We are looking at downtrend channel and price to move further below towards lower line
However range trading and might be high impact on BOJ rate this week

FOREX: USDCAD

Price currently around resistance upper line and we are still looking at range trading
High probability price to retest on support median before falls towards lower line

Technical Analysis – Weekly Market Outlook 6 – 10 July 2020

By | Weekly Analysis | No Comments

CFD: S&P 500 Index

Completing it cycle on weekly TF?
We are looking price towards upper line Momentum bullish trend is in control.

Cryptocurrency: BTCUSD – BITCOIN

Key level support $9k holding strong and price rebound again on range trading Targeting price to move towards $10k again.

CFD: WTI – US Oil

Bullish trend and momentum is still looking strong with most countries resume economics activity.
We are targeting price to move inside uptrend channel and towards around $45 Next resistance on upper line.

CFD: DXY – US Dollar Index

Looking at range trading and yet mapping the movement price on downtrend channel.
Targeting price towards lower line and currently will retest on the median level

CFD: XAUUSD – SPOT GOLD

Very strong bullish trend and price had several retest on key level $1,760 below seem downside is limited.
We are still looking at breakthrough above $1,800 price level.

Price currently on uptrend channel and expecting to move towards median – upper line resistance level.

FOREX: EURUSD

Correlates between US Dollar Index DXY and EURO seems both on range trading.
Expect nothing much on any rally movement but target price moving towards uptrend channel.
Targeting to reach upper line by end of the trading week

FOREX: GBPUSD

Same compare to most major pairs as market still in range trading but looking at strong uptrend towards upper line after breakout on median line and will retest on this level.
However upper line is our price target to reach next resistance level

FOREX: AUDUSD

Tight range on moving towards uptrend and price is still looking strong on inside uptrend pitchfork channel.
Targeting next resistance on upper line else price moving inside between median & lower line channel.

FOREX: USDJPY

Price made reversal on fibo 1.618 resistance and return inside pitchfork channel.
We are looking price to retest on median support before breaking below towards lower line support Highly probabilities market is still on range trading.

FOREX: USDCAD

OIL prices lead to stronger Loonie and we have high impact news on Friday.
Trend is looking at downtrend channel and we are targeting price to break below median and towards lower line key level support.