EURUSD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.09123 Why we like it: There is an overlap support Stop Loss: 1.08312 Why we like it: There is an overlap support Take Profit: 1.09815 Why we like it: There is an overlap resistance Please be advised that the information...
GBPUSD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.23443 Why we like it: There is an overlap support Stop Loss: 1.22699 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracemnent Take Profit: 1.24724 Why we like it: There is an overlap...
AUDUSD is approaching a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.66802 Why we like it: There is an overlap support Stop Loss: 0.66182 Why we like it: There is an overlap support Take Profit: 0.67933 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci...
XRP - 24h expiry - We look to Sell a break of 0.4679 (stop at 0.4829) The bearish engulfing candle on the 4 hour chart is negative for sentiment. There is no indication that the selloff is coming to an end. A break of the recent low at 0.4688 should result in a further move lower. We look for losses to be extended today. The trend of higher intraday lows has...
OKTA - 30d expiry - We look to Buy a break of 88.08 (stop at 80.89) The sequence for trading is higher highs and lows. Daily signals are bullish. A break of the recent high at 87.88 should result in a further move higher. Our outlook is bullish. This stock has seen good sales growth. Our profit targets will be 105.48 and 108.48 Resistance: 78.00 / 82.50...
DJ30 is falling to a key support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 33840.50 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 33650.35 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Take Profit:...
US500 is approaching a key support and potentially bounce from here. We could see price move up to our take profit target. Entry: 4132.55 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 4086.65 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Take Profit:...
XAUUSD is approaching a key resistance and potentially reverse from here. We could see price move down to our take profit target. Entry: 2009.850 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 2032.110 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci projection and...
WTI has broken through a key support on the back of a stronger US dollar this week. We could see price move down to our take profit target. Entry: Sell at market (78.30) Why we like it: Breakout through a key support Stop Loss: 78.927 Why we like it: There is an overlap resistance Take Profit: 77.146 Why we like it: There is an overlap support that aligns close...
Lulumelon Athletica - 30d expiry - We look to Sell a break of 355.85 (stop at 367.85) We are trading at overbought extremes. We have a Gap open at 29/3 from 320.31 to 366.25. Trading within the Wedge formation. The bias is to break to the downside. Expect trading to remain mixed and volatile. A higher correction is expected. Our profit targets will be...
Bitcoin - 24h expiry - We look to Sell at 28997 (stop at 29697) We are trading at overbought extremes. Prices have reacted from 30987. A Doji style candle has been posted from the high. A break of the recent low at 29020 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 27247 and 26847 Resistance:...
XAUUSD is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target. Entry: 1983.170 Why we like it: There is an overlap support that is close to the 23.6% Fibonacci retracement Stop Loss: 1951.420 Why we like it: There is an overlap support that aligns close to the 38.2% Fibonacci retracement Take Profit:...
ETHUSD is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target. Entry: 2031.39 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 1925.75 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement Take Profit:...
WTI is approaching our buy entry and potentially reverse from here. We could see price move up to our take profit target. Entry: 78.927 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 75.884 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Take Profit: 83.266 Why...
USDJPY is approaching our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 134.772 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement Stop Loss: 135.877 Why we like it: There is an overlap resistance Take Profit: 133.775 Why we like it: There is an overlap...
HS50 - 24h expiry - We look to Buy at 20260 (stop at 20090) Selling pressure from 20753 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Short term bias is mildly bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15) Short term bias has turned negative. Posted a bearish Flag formation. A break of 40.43 is needed to confirm the outlook. 40.43 has been pivotal. The bias is to break to the downside. Trading has been mixed and volatile. The medium term bias is neutral. Our profit...
Ethereum - 24h expiry - We look to Buy a break of 2151 (stop at 2096) There is no clear indication that the upward move is coming to an end. Our short term bias remains positive. A break of the recent high at 2146 should result in a further move higher. We look for gains to be extended today. Our outlook is bullish. Our profit targets will be 2281 and 2301...