Wise Forex & Stocks
π S&P 500 Index π First test of 2890 was rejected. Now second attempt. I've sold full position yesterday, and now enter with half amount for breakeven. Target 2940-2950. Risky move. Have stop or sell at 2885 if moves down to 2880. April 30th post: If youβ¦
π S&P 500 Index π
S&P500 made another swing up and now should be pulling back to 2891 / 2875. Still has time to fall there today, but bounce I expect should happen only next week. Target the same ~2950.
π Support 2890 - 2855 - 2830 - 2814
π― Resistance 2930 - 2950 - 2990 - 3080
@WiseForex #SP500
S&P500 made another swing up and now should be pulling back to 2891 / 2875. Still has time to fall there today, but bounce I expect should happen only next week. Target the same ~2950.
π Support 2890 - 2855 - 2830 - 2814
π― Resistance 2930 - 2950 - 2990 - 3080
@WiseForex #SP500
Wise Forex & Stocks
π GBP / JPY π Britain is in deep shit with its Coronavirus statistics comparing to Japan. Its a bit late to short it, as it gives bad risk reward. At week chart it is pretty clear that support zone at ~129.2 posses high potential for bounce. Better waitβ¦
π GBP / JPY π
Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7
May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.
Original signal:
π Support 130.43 / 129.26 / 126.55 / 124.69
π― Resistance 131.23 / 131.91 / 133.54
@WiseForex #GBP #JPY #GBPJPY
Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7
May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.
Original signal:
π Support 130.43 / 129.26 / 126.55 / 124.69
π― Resistance 131.23 / 131.91 / 133.54
@WiseForex #GBP #JPY #GBPJPY
Wise Forex & Stocks
π GBP / JPY π Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7 May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak.β¦
π GBP / JPY π
Hey, we've closed half of position at 132.8 with profit 220-250 pips π€ Not bad. Price dumped back from that level, but didn't reach our stop loss, and now back to the same level. No need to give market back what we've earned. Move stop to 132.5 and let these 50% grow to 133.5. Might not get there, but we are in good profit in any case π
May 8th: Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7
May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.
Original signal:
π Support 130.43 / 129.26 / 126.55 / 124.69
π― Resistance 131.23 / 131.91 / 133.54
@WiseForex #GBP #JPY #GBPJPY
Hey, we've closed half of position at 132.8 with profit 220-250 pips π€ Not bad. Price dumped back from that level, but didn't reach our stop loss, and now back to the same level. No need to give market back what we've earned. Move stop to 132.5 and let these 50% grow to 133.5. Might not get there, but we are in good profit in any case π
May 8th: Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7
May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.
Original signal:
π Support 130.43 / 129.26 / 126.55 / 124.69
π― Resistance 131.23 / 131.91 / 133.54
@WiseForex #GBP #JPY #GBPJPY
Wise Forex & Stocks
π EUR / GBP π Perfect trade setup. Bounced and so far, as I expected as well, growing above 0.8731 resistance. Candle not closed yet, so I won't predict if it will grow higher. So far look bullish, but if close doji, can pullback as I drawn yesterday backβ¦
π EUR / GBP π
This trade hit last target at 0.8789 and even wicked a little higher. Profit 100-115 pips π€
I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.
Last post: Going to test that support level again. Wait for next two candles. Possible price will wick down to 0.8671 or bounce higher. Expecting it to bounce and test 0.8731 at least. Big picture leaves space for breakout above that nearest resistance as well.
π Support 0.8715 / 0.8697 / 0.8671
π― Resistance 0.8731 / 0.8755 / 0.8775 / 0.8789
@WiseForex #GBP #EUR #EURGBP
This trade hit last target at 0.8789 and even wicked a little higher. Profit 100-115 pips π€
I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.
Last post: Going to test that support level again. Wait for next two candles. Possible price will wick down to 0.8671 or bounce higher. Expecting it to bounce and test 0.8731 at least. Big picture leaves space for breakout above that nearest resistance as well.
π Support 0.8715 / 0.8697 / 0.8671
π― Resistance 0.8731 / 0.8755 / 0.8775 / 0.8789
@WiseForex #GBP #EUR #EURGBP
Wise Forex & Stocks
π S&P 500 Index π S&P500 made another swing up and now should be pulling back to 2891 / 2875. Still has time to fall there today, but bounce I expect should happen only next week. Target the same ~2950. π Support 2890 - 2855 - 2830 - 2814 π― Resistanceβ¦
π S&P 500 Index π
S&P500 managed to get to 2950 resistance after which it fell to given support and bounced from 2896. Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855. In case of bullish move should get to ~2970-2990.
π Support 2920 - 2890 - 2855 - 2830 - 2814
π― Resistance 2950 - 2990 - 3080 - 3138
@WiseForex #SP500
S&P500 managed to get to 2950 resistance after which it fell to given support and bounced from 2896. Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855. In case of bullish move should get to ~2970-2990.
π Support 2920 - 2890 - 2855 - 2830 - 2814
π― Resistance 2950 - 2990 - 3080 - 3138
@WiseForex #SP500
Wise Forex & Stocks
π Euro / U.S. Dollar π As expected EURO/USD made wick up, took our short order and went down to the second target zone. Move is not over, zone haven't bounced yet. Wait with long order. Sure it will drop down lower below green price mark price. But tradeβ¦
π Euro / U.S. Dollar π
Short signal profit 93-103 pips. As promised, wicked below green mark zone. Long profit for given targets 93 pips out of 108 maximum.
Now rejected from 1.0875 resistance. Good to enter short from 1.08690 with targets 1.08383 / 1.08233 / 1.0806.
Stop loss above 1.08780.
If stop triggered, flip into long position with targets 1.0899 / 1.09333
Support 1.08383 / 1.08233 / 1.0806
Resistance 1.0899 / 1.09333 / 1.09520 / 1.09750
@WiseForex #EURUSD #EUR #USD
Short signal profit 93-103 pips. As promised, wicked below green mark zone. Long profit for given targets 93 pips out of 108 maximum.
Now rejected from 1.0875 resistance. Good to enter short from 1.08690 with targets 1.08383 / 1.08233 / 1.0806.
Stop loss above 1.08780.
If stop triggered, flip into long position with targets 1.0899 / 1.09333
Support 1.08383 / 1.08233 / 1.0806
Resistance 1.0899 / 1.09333 / 1.09520 / 1.09750
@WiseForex #EURUSD #EUR #USD
Wise Forex & Stocks
π EUR / GBP π This trade hit last target at 0.8789 and even wicked a little higher. Profit 100-115 pips π€ I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal -β¦
π EUR / GBP π
Ok, bounced 6 pips above given buy zone and hit 0.8855. Theoretical profit up to 103 pips, but can't take credit for it.
Now big trend is turning bullish. Will fall to 0.8765 - 0.8786, but I don't recommend shorting against the trend. Instead plan long orders there.
Safe target 0.8850. Or hold longer for 0.8888 / 0.8986 / 0.9100
Last post: I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.
π Support 0.8786 / 0.8765 / 0.8750 / 0.8731
π― Resistance 0.8850 / 0.8888 / 0.8986 / 0.9100
@WiseForex #GBP #EUR #EURGBP
Ok, bounced 6 pips above given buy zone and hit 0.8855. Theoretical profit up to 103 pips, but can't take credit for it.
Now big trend is turning bullish. Will fall to 0.8765 - 0.8786, but I don't recommend shorting against the trend. Instead plan long orders there.
Safe target 0.8850. Or hold longer for 0.8888 / 0.8986 / 0.9100
Last post: I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.
π Support 0.8786 / 0.8765 / 0.8750 / 0.8731
π― Resistance 0.8850 / 0.8888 / 0.8986 / 0.9100
@WiseForex #GBP #EUR #EURGBP
π AUD / USD π
Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline.
π Support 0.6434 / 0.6368 / 0.6249 / 0.6135
π― Resistance 0.6510 / 0.6570 / 0.6671 / 0.6762
@WiseForex #AUD #USD #AUDUSD
Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline.
π Support 0.6434 / 0.6368 / 0.6249 / 0.6135
π― Resistance 0.6510 / 0.6570 / 0.6671 / 0.6762
@WiseForex #AUD #USD #AUDUSD
Wise Forex & Stocks
π S&P 500 Index π S&P500 managed to get to 2950 resistance after which it fell to given support and bounced from 2896. Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855.β¦
π S&P 500 Index π
S&P500 didn't make it above 2950 and that started retracement. First bounce zone / target was hit on initial impulse move, made a small bounce and continued falling lower. Nearest support for next bounce at 2760-2780 zone. But seem to be able to touch 2711-2722 as well.
Last post: Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855.
π Support 2775 - 2750 - 2711- 2640
π― Resistance 2828 - 2844 - 2855 - 2890
@WiseForex #SP500
S&P500 didn't make it above 2950 and that started retracement. First bounce zone / target was hit on initial impulse move, made a small bounce and continued falling lower. Nearest support for next bounce at 2760-2780 zone. But seem to be able to touch 2711-2722 as well.
Last post: Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855.
π Support 2775 - 2750 - 2711- 2640
π― Resistance 2828 - 2844 - 2855 - 2890
@WiseForex #SP500
Wise Forex & Stocks
π GOLD / USD π Bounced and target hit β
1.5% profit. Now risky to enter due to previous doji candle, although most probably will fall to 1686. Resistance 1700 - 1713 - 1720 - 1740 Support 1685 - 1675 - 1664 - 1645 @WiseForex #XAUUSD #Gold #XAU
π GOLD / USD π
Wasn't writing about gold since May 5th. Forecast given back then succeeded π Now back at 1720 resistance. I see potential breakout here. Safe trade would be to wait for breakout and enter Gold on re-test of 1720 SR from the other side. But you may take small risky long position already here. Just remember 1720 is strong resistance and gold price may easily pullback to 1700-1705 support. It would be safer long entry in this case.
Resistance 1720 - 1730 - 1740
Support 1705 - 1697 - 1685 - 1675
@WiseForex #XAUUSD #Gold #XAU
Wasn't writing about gold since May 5th. Forecast given back then succeeded π Now back at 1720 resistance. I see potential breakout here. Safe trade would be to wait for breakout and enter Gold on re-test of 1720 SR from the other side. But you may take small risky long position already here. Just remember 1720 is strong resistance and gold price may easily pullback to 1700-1705 support. It would be safer long entry in this case.
Resistance 1720 - 1730 - 1740
Support 1705 - 1697 - 1685 - 1675
@WiseForex #XAUUSD #Gold #XAU
Wise Forex & Stocks
π BRENT oil π Good we moved stop to 26.6. Direction changed and from second attempt price broken 27 resistance. OPEC deal worked. Targeting 30$ now. This chart is les clear now, so I will stay away from further deals here. Might be a nice short spot at 30$β¦
π BRENT oil π
Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction π Safe target for bullish move 33.5, for bearish - 26.7
π Support 28 / 27 / 24.5 / 23
π― Resistance 30 / 32.2 / 33.5 / 36
@WiseForex #Brent #UKOil
Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction π Safe target for bullish move 33.5, for bearish - 26.7
π Support 28 / 27 / 24.5 / 23
π― Resistance 30 / 32.2 / 33.5 / 36
@WiseForex #Brent #UKOil
π USD / AUD π
Retracement switched to consolidation stage here with support at ~1.537. Should retest 1.6 resistance zone sooner or later. Green support zone should be considered as safe long entry, although it might not fall there before the move happens.
π Support 1.537 / 1.522 / 1.50 / 1.479
π― Resistance 1.563 / 1.574 / 1.599 / 1.624
@WiseForex #AUD #USD #USDAUD
Retracement switched to consolidation stage here with support at ~1.537. Should retest 1.6 resistance zone sooner or later. Green support zone should be considered as safe long entry, although it might not fall there before the move happens.
π Support 1.537 / 1.522 / 1.50 / 1.479
π― Resistance 1.563 / 1.574 / 1.599 / 1.624
@WiseForex #AUD #USD #USDAUD
Wise Forex & Stocks
π AUD / USD π Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline. π Support 0.6434 / 0.6368 / 0.6249β¦
π AUD / USD π
Actually we already reviewed this pair in opposite combination. It looked like a perfect short and it was. Should be falling to ~0.632
Last post: Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline.
π Support 0.637 / 0.632 / 0.625 / 0.614
π― Resistance 0.6434 / 0.651 / 0.657
@WiseForex #AUD #USD #AUDUSD
Actually we already reviewed this pair in opposite combination. It looked like a perfect short and it was. Should be falling to ~0.632
Last post: Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline.
π Support 0.637 / 0.632 / 0.625 / 0.614
π― Resistance 0.6434 / 0.651 / 0.657
@WiseForex #AUD #USD #AUDUSD