Blueberry Markets

2022-06-08 09:09:46 [BUY] FRA40 - Bullish - We look to Buy at 6400

Previous support located at 6500
Previous resistance located at 6550
Further upside is expected although we prefer to set longs at our bespoke support levels at 6400, resulting in improved risk/reward
A move through 6550 will confirm the bullish momentum


Stop: 6295.0
Target 1: 6725.0
Target 2: 6750.0

Chart Open / Comment

2022-06-08 09:09:04 [BUY] Silver - Bullish - We look to Buy at 21.90

Preferred trade is to buy on dips
Previous support located at 21.90
There is scope for mild selling at the open but losses should be limited
Bespoke resistance is located at 22.50


Stop: 21.72
Target 1: 22.47
Target 2: 22.67

Chart Open / Comment

2022-06-08 09:07:01 [BUY] UK100 - Bullish - We look to Buy at 7550

Previous support located at 7600
Previous resistance located at 7650
A lower correction is expected
Risk/Reward would be poor to call a buy from current levels
A move through 7650 will confirm the bullish momentum


Stop: 7495.0
Target 1: 7670.0
Target 2: 7700.0

Chart Open / Comment

2022-06-08 09:06:19 [SELL] Platinum - Bearish - We look to Sell at 1028

Following yesterday's bearish candle, the overall trend lower looks set to continue today
A firmer opening is expected to challenge bearish resolve
Rallies should be capped by yesterday's high
Preferred trade is to sell into rallies
Further downside is expected


Stop: 1041.0
Target 1: 995.0
Target 2: 980.0

Chart Open / Comment

2022-06-08 09:02:36 [BUY] EURNZD - Bullish - We look to Buy at 1.6502

Short term bias has turned positive
Bespoke support is located at 1.6500
We look to buy dips
Trading has been mixed and volatile


Stop: 1.6466
Target 1: 1.6589
Target 2: 1.6609

Chart Open / Comment

2022-06-08 09:00:14 [BUY] GBPJPY - Bullish - We look to Buy at 166.05

We are trading at overbought extremes
A lower correction is expected
The bias is still for higher levels and we look for any dips to be limited
We look to buy dips


Stop: 165.05
Target 1: 168.9
Target 2: 171.9

Chart Open / Comment

2022-06-08 09:00:12 [SELL] USDCAD - Bearish - We look to Sell at 1.2630

Previous support located at 1.2500
Previous resistance located at 1.2600
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.2630, resulting in improved risk/reward
A move through 1.2540 will confirm the bearish momentum


Stop: 1.269
Target 1: 1.25
Target 2: 1.2475

Chart Open / Comment

2022-06-08 08:58:49 [SELL] NatGas - Bearish - We look to Sell a break of 9.246

Price action has posted a Doji candle and signals a possible reversal of the recent trend
A bearish Head and Shoulders is forming
Neckline support is 9.260
A negative move today will confirm this formation


Stop: 9.444
Target 1: 8.804
Target 2: 8.7

Chart Open / Comment

2022-06-08 08:52:06 [SELL] USD/TRY - Bearish - We look to Sell a break of 16.8000

Previous support located at 16.8000
Previous resistance located at 17.0000
Price action looks to be forming a top
A move through 16.8000 will confirm the bearish momentum


Stop: 17.0
Target 1: 16.3
Target 2: 16.25

Chart Open / Comment

2022-06-06 09:49:03 [BUY] FRA40 - Bullish - We look to Buy at 6325

Previous support located at 6450
Previous resistance located at 6550
Further upside is expected although we prefer to set longs at our bespoke support levels at 6325, resulting in improved risk/reward
A move through 6550 will confirm the bullish momentum


Stop: 6220.0
Target 1: 6650.0
Target 2: 6700.0

Chart Open / Comment