NZDUSD - 24h expiry - We look to Sell a break of 0.6150 (stop at 0.6180)
Trend line resistance is located at 0.6175.
We expect a reversal in this move.
A move through 0.6150 will confirm the bearish momentum.
Short term RSI has turned negative.
The measured move target is 0.6075.
Our profit targets will be 0.6075 and 0.6050
Resistance: 0.6175 / 0.6200 /...
XRP - 24h expiry - We look to Sell at 0.4989 (stop at 0.5089)
Bespoke resistance is located at 0.5000.
The medium term bias is neutral.
We look for a temporary move higher.
Trading has been mixed and volatile.
Preferred trade is to sell into rallies.
Our profit targets will be 0.4739 and 0.4709
Resistance: 0.4820 / 0.4920 / 0.5000
Support: 0.4760 /...
Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33)
150 continues to hold back the bears.
We look to buy dips.
149.91 has been pivotal.
149.74 has been pivotal.
This is currently an actively traded stock.
Our profit targets will be 160.33 and 162.33
Resistance: 155.00 / 157.00 / 160.77
Support: 152.00 / 149.74 / 148.00
Please...
SP500 is falling towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 4320.26
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 4267.64
Why we like it:
There is an overlap support that aligns under the 50.0% Fibonacci...
AUDJPY is pulling back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 95.697
Why we like it:
There is an overlap support
Stop Loss: 95.025
Why we like it:
There is an overlap support that aligns close to the 38.2% Fibonacci retracement level and -27.2% Fibonacci expansion...
USDJPY could pull back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 143.071
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 142.310
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci...
XAUUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 1939.27
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 1954.65
Why we like it:
There is an overlap resistance that aligns with the 78.6%...
Starbucks - 30d expiry - We look to Buy at 97.62 (stop at 94.94)
The primary trend remains bullish.
97 continues to hold back the bears.
Bespoke support is located at 97.50. 96.17 has been pivotal.
Offers ample risk/reward to buy at the market.
The daily chart technicals suggests further downside before the uptrend returns.
Our profit targets will be...
NIK225 - 24h expiry - We look to Buy at 32465 (stop at 32165)
Price action has continued to trend strongly lower and has stalled at the previous support near 32712.
A Doji style candle has been posted from the base.
Price action looks to be forming a bottom.
This is positive for sentiment and the uptrend has potential to return.
Preferred trade is to buy on...
Ethereum - 24h expiry - We look to Buy at 1852 (stop at 1812)
We look to trade the current range.
A bullish reverse Head and Shoulders has formed.
We are trading at overbought extremes.
Expect trading to remain mixed and volatile.
50 4hour EMA is at 1845.
Our profit targets will be 1952 and 1972
Resistance: 1900 / 1930 / 1950
Support: 1880 / 1860 /...
GBPUSD is close to a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.26949
Why we like it:
There is an overlap support
Stop Loss: 1.26250
Why we like it:
There is an overlap support that sits above the 50.0% Fibonacci projection level
Take Profit: 1.28275
Why we like it:
There is a recent...
ETHUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 1918.27
Why we like it:
There is an overlap resistance at the recent swing-high
Stop Loss: 1946.37
Why we like it:
There is a resistance at the 127.2% Fibonacci extension level
Take Profit: 1863.83
Why we like...
XAUUSD could pull back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1911.03
Why we like it:
There is an overlap support at the recent swing-low
Stop Loss: 1894.25
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci projection level
Take Profit:...
DXY is selling off strongly this morning. Could momentum carry it down towards our take profit target after hitting the sell entry? Wait for breakout confirmation prior to entering the trade.
Entry: 102.705
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 103.036
Why we like it:
There is an overlap...
XRP - 24h expiry - We look to Sell at 0.5229 (stop at 0.5329)
Rallies should be capped by yesterday's high.
Market volatility has remained high as this corrective sequence continues.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The medium term bias is neutral.
Our profit targets will be 0.4979 and 0.4879
Resistance: 0.5000...
Waste Management, Inc - 30d expiry - We look to Buy at 161.11 (stop at 157.11)
The medium term bias is neutral.
Trading has been mixed and volatile.
160 continues to hold back the bears.
Bespoke support is located at 160.
We look to buy dips.
Our profit targets will be 171.11 and 173.11
Resistance: 167.72 / 169.00 / 171.10
Support: 165.00 / 163.30 /...
USDCAD is showing bullish momentum after reversing from the recent swing-low. We could see momentum carry price up to our take profit target. Wait for breakout confirmation prior to entering the trade.
Entry: 1.31882
Why we like it:
There is an overlap resistance
Stop Loss: 1.31388
Why we like it:
There is an overlap support at the recent swing-low
Take Profit:...
USDJPY could pull back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 142.252
Why we like it:
There is an overlap support that sits below the 23.6% Fibonacci retracement level
Stop Loss: 141.272
Why we like it:
There is an overlap support that sits above the 61.8% Fibonacci...
