NZDJPY - 24h expiry - We look to Buy at 83.65 (stop at 83.25) Previous support located at 84.00. Previous resistance located at 84.25. There is no clear indication that the upward move is coming to an end. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 84.65 and 84.85 Resistance:...
Kinder Morgan - 30d expiry - We look to Buy at 16.11 (stop at 15.44) 16 continues to hold back the bears. 16 has been pivotal. Dips continue to attract buyers. We are trading at oversold extremes. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Our profit targets will be 17.77 and...
XAUUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 2015.075 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 1981.680 Why we like it: There is an overlap support Take Profit: 2048.770 Why we like it: There is an...
NZDUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.62145 Why we like it: There is an overlap support Stop Loss: 0.61696 Why we like it: There is an overlap support Take Profit: 0.62740 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci...
GBPUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.25402 Why we like it: There is an overlap support Stop Loss: 1.24909 Why we like it: There is an overlap support Take Profit: 1.2596 Why we like it: There is an overlap resistance at a recent swing-high Please be...
ETHUSD could approach a key resistance level and reverse from here. We could see price move down to our take profit target. Entry: 1918.97 Why we like it: There is an overlap resistance Stop Loss: 1963.45 Why we like it: There is an overlap resistance that aligns with 50.0% Fibonacci retracement Take Profit: 1805.38 Why we like it: There is an overlap...
NZDUSD - 24h expiry - We look to Buy at 0.6205 (stop at 0.6176) Previous support located at 0.6200. Previous resistance located at 0.6250. Price action looks to be forming a bottom. The trend of higher lows is located at 0.6100. A move through 0.6250 will confirm the bullish momentum. Our profit targets will be 0.6278 and 0.6298 Resistance: 0.6250 /...
Bitcoin - 24h expiry - We look to Sell at 29498 (stop at 30108) Trend line resistance is located at 29550. Expect trading to remain mixed and volatile. Intraday signals are mildly bearish. We look for a temporary move higher. Prices are expected to stall near trend line resistance. Our profit targets will be 28008 and 27708 Resistance: 28800 / 29300 /...
Ford - 30d expiry - We look to Buy at 11.15 (stop at 10.55) Levels below 11 continue to attract buyers. 11 continues to hold back the bears. We look to buy dips. With signals for sentiment at oversold extremes, the dip could not be extended. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. Our profit...
USDCHF is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.88595 Why we like it: There is an overlap support at a multi-swing low Stop Loss: 0.87757 Why we like it: There is an overlap support at a swing-low Take Profit: 0.89894 Why we like it: There is an overlap resistance...
USDJPY could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 135.117 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 134.365 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement Take...
US500 could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 4095.05 Why we like it: There is an overlap support that aligns close to the 61.8% Fibonacci retracement Stop Loss: 4061.00 Why we like it: There is an overlap support Take Profit: 4154.11 Why we like it: There is an...
BTCUSD has reacted off a key resistance level and reversed from here. We could see price move down to our take profit target. Entry: 28775 Why we like it: There is an overlap resistance Stop Loss: 29835 Why we like it: There is an overlap resistance level Take Profit: 27236 Why we like it: There is an overlap support Please be advised that the information...
Dropbox - 24h expiry - We look to Sell at 22.14 (stop at 22.94) Expect trading to remain mixed and volatile. Previous support at 22.00 now becomes resistance. The medium term bias is neutral. 22.33 has been pivotal. Preferred trade is to sell into rallies. Price action has resulted in a bearish candle after the previous swing high found selling interest at...
Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926) Previous resistance located at 1880. Previous support at 1870 now becomes resistance. Short term bias has turned negative. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 1756 and 1736 Resistance: 1830 / 1850 / 1880 Support: 1820 / 1805...
GBPUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.24498 Why we like it: There is an overlap support that aligns just below the 61.87% Fibonacci retracement Stop Loss: 1.23862 Why we like it: There is an overlap support Take Profit: 1.25550 Why we like it: There is an...
AUDUSD could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.66746 Why we like it: There is an overlap support Stop Loss: 0.66190 Why we like it: There is an overlap support Take Profit: 0.67368 Why we like it: There is an overlap resistance that aligns close to the 78.6%...
USDJPY could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 138.155 Why we like it: There is an overlap resistance Stop Loss: 139.067 Why we like it: There is a resistance level at the -27.2% Fibonacci expansion Take Profit: 136.663 Why we like it: There is an overlap...