WTI is close to a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 76.849 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 72.997 Why we like it: There is an overlap support Take Profit: 81.617 Why we like it: There is an overlap...
USDCAD is approaching a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.36512 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement Stop Loss: 1.37519 Why we like it: There is an overlap resistance Take Profit: 1.35124 Why we like it: There is an...
XAUSD is approaching a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 2010.000 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 2045.495 Why we like it: There is a swing-high resistance Take Profit: 1972.415 Why we like it: There is...
XRP - 24h expiry - We look to Buy a break of 0.4841 (stop at 0.4681) We are trading at oversold extremes. Daily signals are mildly bullish. Bullish divergence is expected to support prices. A break of the recent high at 0.4830 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 0.5241 and...
Live Nation Entertainment - 30d expiry - We look to Sell a break of 63.98 (stop at 67.01) This stock has seen poor sales growth. The primary trend remains bearish. 64.25 has been pivotal. There is no clear indication that the downward move is coming to an end. The bias is to break to the downside. A break of the recent low at 64.25 should result in a...
DJ30 is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 33594.85 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 33324.95 Why we like it: There is an overlap support Take Profit: 34162.43 Why we like it: There is an overlap...
USDCHF is approaching 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 the recent swing-low Stop Loss: 0.87760 Why we like it: There is an overlap support at a major swing-low Take Profit: 0.90056 Why we like it: There is an overlap...
AUDUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.66182 Why we like it: There is an overlap support Stop Loss: 0.65782 Why we like it: There is an overlap support at the recent swing-low Take Profit: 0.66802 Why we like it: There is an overlap resistance Please be...
USDJPY is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 133.710 Why we like it: There is an overlap support Stop Loss: 132.877 Why we like it: There is an overlap support Take Profit: 135.139 Why we like it: There is an overlap resistance Please be advised that the information...
Ethereum - 24h expiry - We look to Buy a break of 1891 (stop at 1841) We are trading at oversold extremes. Daily signals are mildly bullish. Bullish divergence is expected to support prices. Posted a Double Bottom formation. The bias is to break to the upside. Our profit targets will be 2011 and 2031 Resistance: 1860 / 1880 / 1900 Support: 1825 / 1800 /...
Ross Stores - 30d expiry - We look to Sell at 112.85 (stop at 118.61) Short term bias has turned negative. We are trading at overbought extremes. We have a Gap open at 18/11/2022 from 97.93 to 114.80. Previous support at 113 now becomes resistance. Preferred trade is to sell into rallies. Our profit targets will be 98.51 and 96.51 Resistance: 107.50 /...
DXY is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 101.513 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 100.820 Why we like it: There is an overlap support Take Profit: 102.216 Why we like it: There is an overlap...
USDCAD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.35124 Why we like it: There is an overlap support Stop Loss: 1.34217 Why we like it: There is an overlap support Take Profit: 1.36512 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci...
ETHUSD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1826.40 Why we like it: There is an overlap support Stop Loss: 1776.62 Why we like it: There is an overlap support Take Profit: 1943.64 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci...
BTCUSD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry:27236 Why we like it: There is an overlap support Stop Loss: 26533 Why we like it: There is an overlap support that aligns close to the 38.2% Fibonacci retracement Take Profit: 28784 Why we like it: There is an overlap...
Dollar General - 30d expiry - We look to Buy a break of 222.52 (stop at 216.52) The primary trend remains bullish. This stock has seen good sales growth. Short term momentum is bullish. A break of the recent high at 222.21 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 237.52 and 240.52 Resistance:...
FRA40 - Intraday - We look to Sell a break of 7509 (stop at 7561) Previous support located at 7500. Previous resistance located at 7570. Price action looks to be forming a top. Short term momentum is bearish. A move through 7500 will confirm the bearish momentum. Our profit targets will be 7385 and 7365 Resistance: 7570 / 7600 / 7650 Support: 7500 / 7350...
US500 is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: Why we like it:4116.05 There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 4061.20 Why we like it: There is an overlap support Take Profit: 4173.48 Why we like it: There is an overlap...