PIA-First

Looks to be forming an Ending Wedge. Plenty of scope for movement within the pattern before a breakout. Current trend line support seen at 1.9300. A clear break there and the immediate target is 1.8905
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Stalls at the intraday 261.8% extension of 1.2882 (from 1.2527 – 1.2657). Although we have seen a correction lower, we look for this move to be mild and temporary. Channel support is seen at 1.2781. With bespoke support at 1.2785, this is…
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This week we are looking at the FTSE Index. Check out our weekly Trade Idea and tap into the market trend! Disclaimer: This material is intended for marketing/information purposes only and does not contain, and should not be…
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The chart highlighting levels under 0.8714 (last week’s Marabuzo) attracting buyers. We look for losses to be limited as we move higher in an AB=CD formation (corrective)
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Bearish divergence can be seen on the weekly chart (chart makes a higher high while the oscillator makes a lower high) with a bearish Outside Week posted, often an indication that a top is in place
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Broke through the wedge formation to the downside. With the selloff stalling below the 261.8% extension level of 1.2209 (from 1.2413-1.2336), and the possible completion of a bearish Elliott Wave (5-waves), we look for a bounce to sell into…
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Here is our weekly video analysis for the FX Majors. Starting with the USD Index, we will be breaking down time-frames while highlighting what you should be looking out for this week!
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Looks to be forming a bearish Head and Shoulders. With the one-hour chart highlighting a DeMark 12 (13 is exhaustion) we look to sell into any further rallies.
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Holds within a corrective channel formation. Although we have seen a reaction higher from the channel base, a full AB=CD formation is located at 103.50
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With the intraday chart close to a reversal count, and bespoke resistance seen at 0.8810, we look for the upside to be limited
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