AUD/USD, NZD/USD, EUR/USD And USD/CAD Analysed By Jason Sen (DayTradeIdeas) | 10/06/2022

AUDUSD reverses from resistance at 7230/50 breaking support at 7150/30 to target 7060/50, perhaps as far as 7030/20.

Resistance at 7145/55. Shorts need stops above 7180.

NZDUSD breaks support again at 6450/30 for a sell signal targeting 6360/50, perhaps as far as 6300.

Strong resistance at 6430/50 & shorts need stops above 6470. A break higher targets 6490/6500, perhaps as far as resistance at 6530/50.

EURUSD meets strong support at 1.0625/15. Longs need stops below 1.0595. A break lower is a sell signal targeting 1.0560/50, perhaps as far as 1.0520/10.

Longs at support at 1.0625/15 target 1.0675/85 for profit taking. Strong resistance at 1.0680/90 but shorts need stops above 1.0710.

USDCAD shorts at the sell opportunity at 1.2650/70 unfortunately stopped above 1.2685 as the pair soar 160 pips. We should meet strong resistance at 1.2725/45. Shorts need stops above 1.2765.

First support at 1.2660/40. Longs need stops below 1.2625.

Emini S&P JUNE collapsed 130 points from 4144. The break below strong support at 4050/40 targets 3990/80. On further losses look for 3960/55, perhaps as far as 3930/20.

First resistance at 4045/55. Shorts need stops above 4065. A break higher can target 4105/15.

Nasdaq JUNE breaks first support at 12410/370 & can target 12100/050, perhaps as far as 11900/850. Below 11800 look for 11600/550.

First resistance at 12400/450. Strong resistance at 12600/700. Shorts need stops above 12800.

Emini Dow Jones JUNE collapsed through 32800/700 & support at 32380/330 targeting 32050/000. Further losses are possible as far as 31750/650.

We should have first resistance at 32350/450. Shorts need stops above 32550. A break higher can target 32750/800, perhaps as far as 32950/33000.

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Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk