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Trade Recommendation: NZDJPY

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The price bounced from 76.00 support level. RSI confirmed price reversal and MACD supports upward movement. It’s buy opportunity based on the daily time frame. The weekly chart also gives bullish signals from MACD and RSI and it’s an additional confirmation that the market is going to move upward. Pending orders for buy should be placed above SMA20 at 77.80 level. Stop orders must be placed at 75.80 level. Profit targets are 79.30 and 83.00 levels. Don’t risk more than 3% from your deposit in this trade.

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Market: NZDJPY
Buy: 77.80
Stop: 75.80
Profit Targets: 79.30 and 83.00

Disclaimer: The analyst does not have investments in NZDJPY.

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Trade Recommendation: USDCHF

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This is a short term trade. The price is at the possible reversal zone formed by the support level and SMA100. RSI confirmed price reversal in the oversold zone. MACD supports further upward movement. ADX line of DMI falls and it allows us opening long trades. It’s a new trading opportunity. Buy orders can be placed at 0.99200 with stop at 0.98950 level. Profit targets are 0.99500 and 0.99800 resistance levels. The 4H chart confirms the uptrend but the daily chart looks bearish. If the market can break 0.99000 support level, it will be a signal of downward movement. That’s why it’s strongly recommended to use stop orders with long trades opened based on this trading signal. Don’t risk more than 3% from your deposit in this trade.

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Market: USDCHF
Buy: 0.99200
Stop: 0.98950
Profit Targets: 0.99500 and 0.99800

Disclaimer: The analyst does not have investments in USDCHF.

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Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Cryptocurrencies

Trade Recommendation: Stellar

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The price bounces from the support zone formed by the uptrend line, SMA100 and the support level. RSI confirms price reversal. MACD histogram supports upward movement and DMI allows opening long trades. It’s trading opportunity. Buy orders can be placed at 0.00000870 level with stop orders at 0.00000720 level. Profit targets are 0.00001200 and 0.00002000 levels. The daily chart does not give us strong bullish signals, that’s why this buy signal is more risky than it could be. You should invest small part of your deposit in this market or skip this trading opportunity. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Market: STRBTC
Buy: 0.00000870
Stop: 0.00000720
Profit Targets: 0.00001200 and 0.00002000

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The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in Stellar.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Trade Recommendation: USDJPY

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This is a short term trade for the market which can be pushed down after a good upward movement. The price bounced from 113.60 level and RSI confirmed price reversal. MACD lines support downward movement. DMI is bullish but ADX line falls and it tells us that the bulls are not so strong. The higher time frame also gives bearish signals. We have trading opportunity now. Pending orders for sell can be placed at 113.42 level with stop orders at 113.62 level. Profit targets are 113.20 and 113.00 levels. Don’t risk more than 3% from your deposit in this trade.

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Market: USDJPY
Sell: 113.42
Stop: 113.62
Profit Targets: 113.20 and 113.00

Disclaimer: The analyst does not have investments in USDJPY.

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Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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