Blueberry Markets

2022-06-06 09:43:21 [BUY] UK100 - Bullish - We look to Buy at 7500

Previous support located at 7550
Previous resistance located at 7620
A lower correction is expected
Risk/Reward would be poor to call a buy from current levels


Stop: 7445.0
Target 1: 7620.0
Target 2: 7650.0

Chart Open / Comment

2022-06-06 09:36:38 [BUY] USDCAD - Bullish - We look to Buy at 1.2525

Previous support located at 1.2550
Previous resistance located at 1.2600
Price action looks to be forming a bottom
Risk/Reward would be poor to call a buy from current levels
A move through 1.2600 will confirm the bullish momentum


Stop: 1.246
Target 1: 1.2695
Target 2: 1.27

Chart Open / Comment

2022-06-06 09:31:35 [SELL] USD/TRY - Bearish - We look to Sell a break of 16.4000

Previous support located at 16.4000
Previous resistance located at 16.6000
Price action looks to be forming a top
A move through 16.4000 will confirm the bearish momentum


Stop: 16.6
Target 1: 15.9
Target 2: 15.85

Chart Open / Comment

2022-06-06 09:27:32 [BUY] GBPJPY - Bullish - We look to Buy at 161.85

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
A lower correction is expected
The bias is still for higher levels and we look for any dips to be limited
Preferred trade is to buy on dips


Stop: 160.75
Target 1: 165.0
Target 2: 168.4

Chart Open / Comment

2022-06-06 09:23:10 [BUY] EURNZD - Bullish - We look to Buy at 1.6421

The move lower is mixed and volatile, common in corrective sequences
We look to buy dips
1.6420 has been pivotal
Daily signals are mildly bullish


Stop: 1.6388
Target 1: 1.6511
Target 2: 1.6531

Chart Open / Comment

2022-06-06 09:21:27 [BUY] AUDJPY - Bullish - We look to Buy at 93.00

Previous support located at 93.50
Previous resistance located at 94.50
A lower correction is expected
Risk/Reward would be poor to call a buy from current levels
A move through 94.50 will confirm the bullish momentum


Stop: 92.1
Target 1: 95.0
Target 2: 95.5

Chart Open / Comment

2022-06-06 09:19:24 [BUY] EURJPY - Bullish - We look to Buy at 139.00

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
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
Preferred trade is to buy on dips


Stop: 138.05
Target 1: 141.7
Target 2: 145.0

Chart Open / Comment

2022-06-06 09:11:22 [SELL] EURGBP - Bearish - We look to Sell at 0.8620

There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.8619
We are trading at overbought extremes
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower
Although the anticipated move lower is corrective, it does offer ample risk/reward today
Preferred trade is to sell into rallies


Stop: 0.866
Target 1: 0.8515
Target 2: 0.8505

Chart Open / Comment

2022-06-06 09:08:59 [BUY] Platinum - Bullish - We look to Buy at 994

Traded to the highest level in 6 weeks
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing
We can see no technical reason for a change of trend
Bespoke support is located at 990
Dip buying offers good risk/reward


Stop: 973.0
Target 1: 1039.0
Target 2: 1050.0

Chart Open / Comment

2022-06-06 09:07:57 [BUY] USDCHF - Bullish - We look to Buy at 0.9571

Price action continued to range between key support Open / Comment