Blueberry Markets

2022-06-10 09:06:50 [BUY] GBPJPY - Bullish - We look to Buy at 165.80

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
The current move lower is expected to continue
The bias is still for higher levels and we look for any dips to be limited
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher


Stop: 164.7
Target 1: 169.0
Target 2: 171.9

Chart Open / Comment

2022-06-10 09:04:08 [BUY] Platinum - Bullish - We look to Buy at 962

Prices have continued the bearish move lower and resulted in 3 consecutive negative days
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside
Price action has posted a Doji candle and signals a possible reversal of the recent trend
Further upside is expected although we prefer to buy into dips close to the 960 level


Stop: 946.0
Target 1: 999.0
Target 2: 1014.0

Chart Open / Comment

2022-06-10 08:59:45 [SELL] USD/TRY - Bearish - We look to Sell a break of 17.1000

Previous support located at 17.1000
Previous resistance located at 17.3000
Price action looks to be forming a top
A move through 17.1000 will confirm the bearish momentum


Stop: 17.3
Target 1: 16.6
Target 2: 16.5

Chart Open / Comment

2022-06-10 08:57:42 [BUY] NatGas - Bullish - We look to Buy at 8.639

Buying pressure has confirmed an initial rejection from the approach towards the key psychological level of 8.000
This is positive for sentiment and the uptrend has potential to return
There is scope for mild selling at the open but losses should be limited
Further upside is expected although we prefer to buy into dips close to the 8.600 level


Stop: 8.252
Target 1: 9.597
Target 2: 9.8

Chart Open / Comment

2022-06-10 08:55:20 [SELL] XCUUSD - Bearish - We look to Sell at 4.459

Bespoke resistance is located at 4.460
4.466 has been pivotal
We look for a temporary move higher
Preferred trade is to sell into rallies


Stop: 4.494
Target 1: 4.371
Target 2: 4.351

Chart Open / Comment

2022-06-10 08:53:37 [BUY] EURJPY - Bullish - We look to Buy at 140.75

Selling pressure from 142.79 resulted in all the initial daily gains being overturned
The current move lower is expected to continue
The bias is still for higher levels and we look for any dips to be limited
We look to buy dips


Stop: 139.6
Target 1: 144.1
Target 2: 145.0

Chart Open / Comment

2022-06-10 08:52:15 [SELL] EURNZD - Bearish - We look to Sell at 1.6664

Bespoke resistance is located at 1.6670
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end
We look for a temporary move higher


Stop: 1.6701
Target 1: 1.6571
Target 2: 1.6551

Chart Open / Comment

2022-06-10 08:51:12 [BUY] Brent - Bullish - We look to Buy at 118.28

Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher
Support is located at 118.00 and should stem dips to this area
Dip buying offers good risk/reward
Risk/Reward would be poor to call a buy from current levels


Stop: 115.83
Target 1: 123.95
Target 2: 126.0

Chart Open / Comment

2022-06-10 08:50:50 [SELL] AUDJPY - Bearish - We look to Sell at 96.00

Previous support located at 95.00
Previous resistance located at 96.00
A break of the short-term upward trending support at 96.00 should encourage selling
A move through 95.00 will confirm the bearish momentum


Stop: 97.0
Target 1: 93.5
Target 2: 93.0

Chart Open / Comment

2022-06-08 16:02:01 [SELL] Ethereum - Bearish - We look to Sell a break of 1698

Daily signals are bearish
1700 has been pivotal
Price action continues to gravitate towards crucial support levels with aggressive selling interest
A break of bespoke support at 1700, and the move lower is already underway


Stop: 1751.0
Target 1: 1572.0
Target 2: 1552.0

Chart Open / Comment