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Friday 8 March 2024

USD/CAD Intraday: under pressure. Down 20-50 pips


USD/CAD Intraday: under pressure. Down 20-50 pips

Asset: USD/CAD

Recommendation: SELL

Entry Price (Pivot): 1.3480

Target and Take Profit levels (TP): 1.3425 and 1.3400

Risk:  2% per trade

Period: Intraday

Market: Spot Market

Comments: As long as 1.3480 is resistance, look for choppy price action with a bearish bias

Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

AUD/USD Intraday: further upside. Up 20-30 pips


AUD/USD Intraday: further upside. Up 20-30 pips

Asset: AUD/USD

Recommendation: BUY

Entry Price (Pivot): 0.6600

Target and Take Profit levels (TP): 0.6640 and 0.6655

Risk:  2% per trade

Period: Intraday

Market: Spot Market

Comments: The break above 0.6600 is a positive signal that has opened a path to 0.6640

Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

EUR/USD Intraday: bullish bias above 1.0915 Up to 30-50 pips


EUR/USD Intraday: bullish bias above 1.0915 Up to 30-50 pips

Asset: EUR/USD

Recommendation: BUY

Entry Price (Pivot): 1.0915

Target and Take Profit levels (TP): 1.0970 and 1.0990

Risk:  2% per trade

Period: Intraday

Market: Spot Market

Comments: The break above 1.0915 is a positive signal that has opened a path to 1.0970
 
Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Thursday 7 March 2024

Bitcoin / Dollar intraday: the downside prevails


Bitcoin / Dollar intraday: the downside prevails

Asset: BTC/USD

Recommendation: SELL

Entry Price (Pivot): 66910

Target and Take Profit levels (TP): 66910 is resistance

Risk:  1% per trade

Period: Intraday

Market: Spot Market

Comments: The configuration is negative / The RSI is below its neutrality area at 50

Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.


AUD/USD Intraday: the upside prevails.. Up 20-40 pips


AUD/USD Intraday: the upside prevails.. Up 20-40 pips

Asset: AUD/USD

Recommendation: BUY

Entry Price (Pivot): 0.6555

Target and Take Profit levels (TP): 0.6600 and 0.6620

Risk:  2% per trade

Period: Intraday

Market: Spot Market

Comments: The RSI is mixed to bullish

Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

EUR/USD Intraday: the upside prevails. Up to 20-30 pips


Asset: EUR/USD

Recommendation: BUY

Entry Price (Pivot): 1.0880

Target and Take Profit levels (TP): 1.0915 and 1.0930

Risk:  2% per trade

Period: Intraday

Market: Spot Market

Comments: The RSI is mixed to bullish
 
Disclaimer: Not trading advice

www.traderfactor.com

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.