Market analysis from Vantage
Litecoin - 24h expiry - We look to Sell a break of 94.48 (stop at 96.23) Posted a Double Top formation. Short term momentum is bearish. An Evening Doji Star formation has been posted at the high. A break of the recent low at 94.52 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 90.11 and 88.11...
Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.63640, where the overlap resistance. Stop loss will be at 0.65199, where the recent swing high is. Take profit will be at 0.60053, where is the intermediate support. Please be...
Looking at the H4 chart, my overall bias for USDCAD is bearish as there is a descending trend line, Looking for a sell entry at 1.34499where below the overlap support and the recent swing high We are looking to take profit at 1.32597, which is the recent swing low, the Stop loss will be placed at 1.35187, where the recent swing high. Please be advised that the...
Looking at the H4 chart, my overall bias for XAGUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 23.01995, where the overlap resistance and 38.2% Fibonacci line is. Stop loss will be at 24.63700, where the previous swing high is. Take profit will be at 20.80500, where the...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.93802, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 0.94982, where the recent swing high is. Take profit will be at 0.91709, where the overlap...
HS50 - 24h expiry - We look to Buy at 20900 (stop at 20670) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The hourly chart technicals suggests further downside before the uptrend returns. We look to buy dips. Although the anticipated move higher is corrective, it does...
Walmart - 30d expiry - We look to Buy at 138.44 (stop at 133.86) Levels below 138 continue to attract buyers. The medium term bias is neutral. 138.27 has been pivotal. Preferred trade is to buy on dips. The stock is currently outperforming in its sector. Support could prove difficult to breakdown. Our profit targets will be 149.88 and 152.88 Resistance:...
Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.63587, where the overlap resistance and 50% Fibonacci line are. Stop loss will be at 0.65333, where the recent swing high is. Take profit will be at 0.68660, where the overlap...
Looking at the H4 chart, my overall bias for USDCAD is bearish as there is a descending trend line, Looking for a sell entry at 1.33969 where below the overlap support and the recent swing high We are looking to take profit at 1.32628, which is the recent swing low, the Stop loss will be placed at 1.34788, where the recent swing high. Please be advised that the...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy stop entry at 4195.44, where the recent high is to ride the bullish momentum Stop loss will be at 4100.51, where the overlap support and 23.6% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 1901.743 where the 38.2% Fibonacci line and overlap resistance is. Stop loss will be at 1959.770, where the previous swing high is. Take profit will be at 1824.515, where the...
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.70159, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 0.71577, where the recent swing high is. Take profit will be at 0.68660, where the overlap...
NIK225 - 24h expiry - We look to Buy at 27245 (stop at 27130) Selling pressure from 27807 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 27168. We therefore, prefer to fade into the dip with a...
Meta - 30d expiry - We look to Buy at 156.56 (stop at 144.94) We have a Gap open at 02.02 from 153.12 to 183.38. Bespoke support is located at 155. A higher correction is expected. We look for a temporary move lower. Remains bullish while above last week's low. Traded to the highest level in 34 weeks. Our profit targets will be 184.88 and 189.88...
Bitcoin - 24h expiry - We look to Sell a break of 22288 (stop at 22758) A break of the recent low at 22304 should result in a further move lower. 22304 has been pivotal. A move through bespoke support at 22300 and we look for extended losses. We are trading at overbought extremes. A higher correction is expected. Our profit targets will be 21111 and 20811...
Looking at the H4 chart, my overall bias for USDCAD is bearish, as there is a descending trend line. Expecting the current price is head down towards the 1st support at 1.32628, which is the take profit. Looking for sell entry at 1.34197, and stop loss on 1.34788 which is the recent swing high. Please be advised that the information presented on TradingView is...
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price being below the Ichimoku cloud, Looking for a sell entry at 0.67802 where below the overlap support and the recent swing low. We are looking to take profit at 0.66442, where the intermediate support is and 50% Fibonacci line. Stop loss will be placed at 0.68532, where the...