Blueberry Markets

2022-08-31 09:05:48 [BUY] EURSEK - Bullish - We look to Buy at 10.6020

The medium term bias remains bullish
Prices expected to stall near trend line support
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
Preferred trade is to buy on dips


Stop: 10.5717
Target 1: 10.6746
Target 2: 10.7189

Chart Open / Comment

2022-08-31 09:04:05 [SELL] GBPCHF - Bearish - We look to Sell at 1.1416

Preferred trade is to sell into rallies
Previous resistance located at 1.1420
There is ample scope for a move lower from this important resistance
Expect trading to remain mixed and volatile


Stop: 1.1451
Target 1: 1.1314
Target 2: 1.121

Chart Open / Comment

2022-08-31 09:03:43 [SELL] USD/TRY - Bearish - We look to Sell at 18.2500

Previous support located at 18.0000
Previous resistance located at 18.2500
Price action has stalled at good resistance levels and currently trades just below here (18.2500)
A move through 18.0000 will confirm the bearish momentum


Stop: 18.5
Target 1: 17.75
Target 2: 17.5

Chart Open / Comment

2022-08-31 09:03:21 [BUY] GBPJPY - Bullish - We look to Buy at 161.20

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
Preferred trade is to buy on dips


Stop: 160.55
Target 1: 163.0
Target 2: 163.7

Chart Open / Comment

2022-08-31 09:01:18 [SELL] Silver - Bearish - We look to Sell at 18.88

The medium term bias remains bearish
50 4hour EMA is at 18.98
There is scope for mild buying at the open but gains should be limited
We look to sell rallies


Stop: 19.17
Target 1: 18.06
Target 2: 0.0

Chart Open / Comment

2022-08-31 08:59:35 [SELL] Brent - Bearish - We look to Sell at 99.94

The bearish engulfing candle on the daily chart is negative for sentiment
There is scope for mild buying at the open but gains should be limited
Resistance is located at 100.00 and should cap gains to this area
Preferred trade is to sell into rallies
We look for losses to be extended today


Stop: 101.77
Target 1: 95.02
Target 2: 94.0

Chart Open / Comment

2022-08-31 08:57:53 [SELL] EURNZD - Bearish - We look to Sell a break of 1.6319

Offers ample risk/reward to sell at the market
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
A higher correction is expected


Stop: 1.6354
Target 1: 1.6223
Target 2: 1.6203

Chart Open / Comment

2022-08-31 08:57:51 [SELL] AUDJPY - Bearish - We look to Sell a break of 95.00

Previous support located at 95.00
Previous resistance located at 95.50
We expect a reversal in this move
A move through 95.00 will confirm the bearish momentum


Stop: 95.75
Target 1: 93.5
Target 2: 93.0

Chart Open / Comment

2022-08-31 08:54:08 [SELL] WTI - Bearish - We look to Sell at 93.94

The bearish engulfing candle on the daily chart is negative for sentiment
We look for losses to be extended today
There is scope for mild buying at the open but gains should be limited
We look to sell rallies


Stop: 95.47
Target 1: 90.06
Target 2: 89.0

Chart Open / Comment

2022-08-31 08:51:05 [BUY] EURJPY - Bullish - We look to Buy at 137.80

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
We look to buy dips


Stop: 137.0
Target 1: 140.0
Target 2: 141.7

Chart Open / Comment