EURAUD - 24h expiry - We look to Buy at 1.6275 (stop at 1.6230) Previous support located at 1.6300. Previous resistance located at 1.6400. We can see no technical reason for a change of trend. Further upside is expected. Trend line support is located at 1.6300. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 1.6385...
Bitcoin - 24h expiry - We look to Buy a break of 30606 (stop at 29806) Price action is forming a bullish flag which has a bias to break to the upside. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. 30532 has been pivotal. A break of the recent high at 30532 should result in a further move higher. Our...
EURUSD could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.10328 Why we like it: There is a swing-high resistance Stop Loss: 1.10620 Why we like it: There is a +161.8% Fibonacci expansion Take Profit: 1.09333 Why we like it: There is an overlap support Please be advised that the...
GBPUSD could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.25252 Why we like it: There is an overlap resistance Stop Loss: 1.25951 Why we like it: There is a +138.2% Fibonacci expansion Take Profit: 1.24478 Why we like it: There is an overlap support Please be advised that the information...
XAUUSD could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 2032.110 Why we like it: There is an overlap resistance Stop Loss: 2046.285 Why we like it: There is a +127.2% Fibonacci expansion Take Profit: 1982.675 Why we like it: There is an overlap support Please be advised that the...
ETHUSD could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 1943.64 Why we like it: There is an overlap resistance Stop Loss: 1995.50 Why we like it: There is a -27.2% Fibonacci expansion Take Profit: 1847.22 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci...
NIK225 - 24h expiry - We look to Sell at 28330 (stop at 28530) We are trading at overbought extremes. Prices spiked higher and stalled at resistance in early trade. Further selling pressure led to a reversal in price action. The current move lower is expected to continue. Preferred trade is to sell into rallies. The hourly chart technicals suggests further...
Apple - 30d expiry - We look to Buy at 156.61 (stop at 151.11) This is curremtly an actively traded stock. Our bespoke resistance of 157.50 has been clearly broken. Previous resistance at 156.00 now becomes support. The primary trend remains bullish. We look to buy dips. Our profit targets will be 170.66 and 172.66 Resistance: 162.50 / 165.00 /...
Litecoin - 24h expiry - We look to Buy at 88.82 (stop at 85.82) Daily momentum has stalled and our bias is now neutral. Daily signals are mildly bullish. 50 1day EMA is at 88.62. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. Our profit targets will be 96.32...
ETHUSD is dropping to a key support and potentially reverse from here. We could see the momentum carry price up to our take profit target. Entry: 1847.22 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 1768.00 Why we like it: There is an overlap support Take Profit: 1943.64 Why we like it: There is an...
DJ30 could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 33858.50 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Stop Loss: 34172.34 Why we like it: There is an overlap resistance Take Profit: 33325.35 Why we like it: There is an overlap...
USDJPY is currently trading around the 50.0% Fibonacci retracement and potentially reverse from here. We could see price move down to our take profit target. Entry: 133.828 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 134.738 Why we like it: There is an overlap resistance that aligns with the 61.8%...
USDCAD has stalled around the 61.8% Fibonacci retracement and potentially reverse from here. We could see the momentum carry price up to our take profit target. Entry: 1.34594 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 1.34114 Why we like it: There is a swing-low support Take Profit: 1.35603 Why we...
Bitcoin - 24h expiry - We look to Buy at 28707 (stop at 27882) Previous resistance at 28600 now becomes support. Daily signals are bullish. A lower correction is expected. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 30780 and 31180 Resistance: 30383 / 31000 / 31500 Support: 29800...
Foot Locker - 30d expiry - We look to Sell at 46.97 (stop at 49.97) Trading has been mixed and volatile. 47 continues to hold back the bulls. 47.22 has been pivotal. Bespoke resistance is located at 47. Preferred trade is to sell into rallies. The medium term bias is neutral. Our profit targets will be 40.02 and 39.02 Resistance: 42.06 / 43.00 /...
GBPUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target. Entry: 1.24220 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement Stop Loss: 1.24888 Why we like it: There is an intermediate resistance that aligns with the 78.6%...
XAUUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price 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 a swing-high resistance Take Profit: 1982.675 Why we...
NZDUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target. Entry: 0.62389 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Stop Loss: 0.62768 Why we like it: There is an overlap resistance Take Profit: 0.61930 Why we like...