3cAnalysis - DAILY SPOT NZDUSD - Fridays trade idea and technicals

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3cAnalysis

Steve Lucas

DAILY SPOT NZDUSD - Friday's trade idea and technicals

This week’s signals have pointed to staying short and selling the rally. Thursday’s signals also had a bearish bias and these were confirmed as a small trend of higher daily lows was ended with losses of almost ½ Big Fig. Despite this, buyers have returned to the market in Asia this morning at the 200 day average rate. Gains are minimal, but there is a temporarily positive bias to signals and the outlook for Friday is cautiously bullish and the call is to buy on the open and then at .6718, today’s low with a stop loss at .6692, the 13 week base. Targets are to .6746, Thursday’s Marabuzo line, .6762, the 13 day average rate and .6796, the 4th April top.

12/04/2019 1 EN

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3cAnalysis

3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.

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Steve Lucas

Other Reports from 3cAnalysis

Steve Lucas

Steve Lucas

Q4 DEC'20 S&P - ThE Q4 report for technical analysis & trade strategy

Open - 3360.0, 12th Oct 3493.0 target met..Despite the strong Feb-Mar sell-off, for the 7th quarter in a row signals going into Q3 were bullish. These were confirmed as all our topside targets were met with sentiment posting a 2nd higher quarterly low in a row and a gain of 500 Pts. There is the potential for pullbacks, but these should be temporary and the outlook for Q4 remains bullish and the call is to buy only modestly on the open and then at 3198.0, September’s low with a stop loss at 2880.0, a 50% pullback to the Mar-Sep gains. Targets are to 3493.0, September’s open, 3587.0, September’...

October 13, 2020 October 13, 2020 11 EN

Steve Lucas

Steve Lucas

WEEKLY DEC'20 DAX - This week's technical analysis & trade strategy

DEC'20 contract - A rising trend of higher monthly lows is positive for sentiment and our bullish forecast for Q3 has been confirmed. However, with sellers returning to the market in September from ahead of 13538.0, the window which has remained open since a weekly close at February’s record high, last week’s signals switched to a bearish bias and the call to stay square on the open and to sell the rally at 13258.0 was moderately successful. Despite closing with an up week, signals for this week continue to point temporarily lower and the call is to sell only modestly on the open and then at 1...

September 22, 2020 September 22, 2020 10 EN

Steve Lucas

Steve Lucas

WEEKLY JUN'20 DAX - This week's technical analysis & trade strategy

Jun'20 contract - Having identified the previous 4 week sell-off, last week’s signals were unusual as they pointed to both buying the dip and to selling the rally. This was the correct interpretation as an initial 500 Pt sell-off attracted buyers, but for the rally to attract sellers on Friday and for sentiment to deteriorate by over 600 Pts from the top. This week’s signals are pointing lower, but any pullback should be temporary, so with a good deal of caution the outlook is negative and the call is to sell on the open and then at 9950.0 with a stop loss at 10352.0, the last 3 week Marabuzo ...

March 30, 2020 March 30, 2020 12 EN

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DAILY SPOT NZDUSD - Friday's trade idea and technicals

Q4 DEC'20 S&P - ThE Q4 report for technical analysis & trade strategy

WEEKLY DEC'20 DAX - This week's technical analysis & trade strategy

WEEKLY JUN'20 DAX - This week's technical analysis & trade strategy

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