USDCAD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.35818 Why we like it: There is an overlap resistance that aligns close to the 78.6% Fibonacci retracement Stop Loss: 1.36604 Why we like it: There is an overlap resistance Take Profit: 1.34064 Why we like it: There...
WTI could fall towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 69.407 Why we like it: There is an overlap support Stop Loss: 67.514 Why we like it: There is an overlap support at the recent swing-low Take Profit: 73.270 Why we like it: There is an overlap resistance Please be...
Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926) A sequence of daily lower lows and highs has been posted. Previous resistance located at 1880. The previous swing high is located at 1885. 1886 has been pivotal. Preferred trade is to sell into rallies. Our profit targets will be 1756 and 1736 Resistance: 1835 / 1860 / 1880 Support: 1800 /...
Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98) Daily signals are mildly bearish. Previous support at 39 now becomes resistance. This stock has seen poor sales growth. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Our profit targets will be 33.98 and 32.98...
ETHUSD could fall towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1783.63 Why we like it: There is an overlap support Stop Loss: 1753.73 Why we like it: There is an overlap support Take Profit: 1843.72 Why we like it: There is an overlap resistance that aligns with the 38.2%...
USDJPY is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 135.297 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 134.719 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
USDCHF is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.89133 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 0.88679 Why we like it: There is an overlap support Take Profit: 0.89868 Why we like it: There is an...
EURUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.09092 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1.09479 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci...
Ethereum - 24h expiry - We look to Buy at 1811 (stop at 1761) Prices have reacted from 1738. Daily signals are mildly bullish. Previous resistance at 1800 now becomes support. We look to buy dips. Support is located at 1800 and should stem dips to this area. Our profit targets will be 1931 and 1951 Resistance: 1833 / 1860 / 1880 Support: 1805 / 1785 /...
American Airlines - 30d expiry - We look to Buy at 13.54 (stop at 12.94) A bullish reverse Head and Shoulders is forming. 13.36 has been pivotal. Expect trading to remain mixed and volatile. Bespoke support is located at 13.50. We look to buy dips. Our profit targets will be 15.04 and 15.34 Resistance: 14.30 / 14.76 / 15.00 Support: 14.00 / 13.87 /...
XCUUSD - 24he expiry - We look to Sell at 3.828 (stop at 3.868) Our bespoke support of 3.820 has been clearly broken. Our short term bias remains negative. Previous support, now becomes resistance at 3.820. Preferred trade is to sell into rallies. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 3.728 and 3.708...
XAUUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 2027.872 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement Stop Loss: 2048.245 Why we like it: There is a recent swing-high resistance Take Profit: 2005.395 Why we...
WTI is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 71.202 Why we like it: There is an overlap resistance Stop Loss: 73.981 Why we like it: There is an overlap resistance Take Profit: 67.514 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
GER30 is close to a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 16007.70 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 16109.20 Why we like it: There is an overlap resistance that aligns with the 127.20% Fibonacci extension Take Profit: 15707.45 Why...
DXY is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 102.071 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 101.663 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183) Our short term bias remains negative. 0.4056 has been pivotal. The bias is to break to the downside. We look for losses to be extended today. Daily signals are mildly bearish. Our profit targets will be 0.3728 and 0.3668 Resistance: 0.4350 / 0.4415 / 0.4450 Support: 0.4200 / 0.4095 /...
Visa - 30d expiry The primary trend remains bullish. This is curremtly an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. We look to Buy a break of 236.11 (stop at 231.38) Our...
USDJPY could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 135.271 Why we like it: There is an overlap resistance Stop Loss: 136.908 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Take Profit: 133.596 Why we like it: There is an...