Blueberry Markets

2022-06-19 23:06:20 In this week's Week Ahead Analysis we take a look at the key charts of the week with #EURUSD, #GBPUSD, #NZDUSD and more!

Follow the link to learn more…
https://blueberrymarkets.com/market-analysis/news/week-ahead-analysis-20th-june/

Trading in margin is high risk. Open / Comment

2022-06-17 19:22:49 The #Forex Market Wrap is here!

Watch the video to learn what key levels have been hit this week!
https://blueberrymarkets.com/market-analysis/news/forex-market-wrap-17th-june/

Trading in margin is high risk. Open / Comment

2022-06-17 16:10:07 [SELL] Ethereum - Bearish - We look to Sell at 1159

Our short term bias remains positive
Preferred trade is to sell into rallies
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end
20 4hour EMA is at 1155
Previous support at 1170 now becomes resistance


Stop: 1201.0
Target 1: 1051.0
Target 2: 1021.0

Chart Open / Comment

2022-06-17 15:54:24 [BUY] XRP - Bullish - We look to Buy at 0.3011

Support is located at 0.3000 and should stem dips to this area
0.2934 has been pivotal
With signals for sentiment at oversold extremes, the dip could not be extended


Stop: 0.2929
Target 1: 0.3234
Target 2: 0.3294

Chart Open / Comment

2022-06-17 15:50:21 [BUY] Bitcoin - Bullish - We look to Buy at 20102

We are trading at oversold extremes
Trading close to the psychological 20000 level
20080 has been pivotal
With signals for sentiment at oversold extremes, the dip could not be extended
Support is located at 20000 and should stem dips to this area


Stop: 19769.0
Target 1: 21788.0
Target 2: 22288.0

Chart Open / Comment

2022-06-17 14:32:54 [SELL] DOW30 - Bearish - We look to Sell at 30230

We look to sell rallies
Previous resistance located at 30230
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
The bias is still for lower levels and we look for any gains to be limited
Expect trading to remain mixed and volatile


Stop: 30350.0
Target 1: 29766.0
Target 2: 29489.0

Chart Open / Comment

2022-06-17 14:26:11 [SELL] US2000 - Bearish - We look to Sell at 1699

We look for a temporary move higher
Risk/Reward would be poor to call a sell from current levels
The bias is still for lower levels and we look for any gains to be limited
Previous resistance located at 1700
Expect trading to remain mixed and volatile


Stop: 1714.0
Target 1: 1645.0
Target 2: 1605.0

Chart Open / Comment

2022-06-17 14:21:48 [SELL] US500 - Bearish - We look to Sell at 3736

Preferred trade is to sell into rallies
We have a 50% Fibonacci pullback level of 3740 from 3840 to 3640
There is scope for mild buying at the open but gains should be limited
Previous resistance located at 3740
Expect trading to remain mixed and volatile


Stop: 3765.0
Target 1: 3640.0
Target 2: 3601.0

Chart Open / Comment

2022-06-17 14:15:45 [SELL] NDX100 - Bearish - We look to Sell a break of 11155

Price action is forming a bearish flag which has a bias to break to the downside
We look to set shorts in early trade for a further test of the fragile looking support
We look for losses to be extended today
The medium term bias remains bearish


Stop: 11274.0
Target 1: 10847.0
Target 2: 10579.0

Chart Open / Comment

2022-06-17 12:04:14 [BUY] Litecoin - Bullish - We look to Buy at 44.05

Preferred trade is to buy on dips
Although the anticipated move higher is corrective, it does offer ample risk/reward today
Previous support located at 43.50
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher


Stop: 42.82
Target 1: 47.44
Target 2: 51.29

Chart Open / Comment