GBPNZD - 24h expiry - We look to Sell at 2.0950 (stop at 2.1030)
There is no clear indication that the downward move is coming to an end.
Further downside is expected.
RSI is trending lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 2.0850 will confirm the bearish momentum.
Our profit targets will be 2.0750 and 2.0700...
WTI oil (USOUSD) could fall towards an overlap support and potentially reverse from here to bounce higher towards our take profit target.
Entry: 89.670
Why we like it:
There is an overlap support level
Stop Loss: 88.005
Why we like it:
There is a pullback support that aligns below the 23.63% Fibonacci retracement level
Take Profit: 92.577
Why we like it:
There...
GBPJPY is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 183.355
Why we like it:
There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 184.264
Why we like it:
There is an overlap resistance level that aligns with the 50.0% Fibonacci...
SP500 is falling towards a pullback support and could potentially break through it to drop lower towards our take profit target.
Entry: 4439.84
Why we like it:
There is a potential breakout level; wait for confirmation before entering the position
Stop Loss: 4496.39
Why we like it:
There is a pullback resistance that aligns close to the 61.8% Fibonacci...
Bitcoin (BTCUSD) is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 26440.49
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 25757.73
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci...
Cisco Systems - 30d expiry - We look to Buy at 54.71 (stop at 52.71)
Daily signals are bullish.
A lower correction is expected.
There is no clear indication that the upward move is coming to an end.
50 1-day EMA is at 54.50.
The sequence for trading is higher highs and lows.
Our profit targets will be 59.71 and 60.71
Resistance: 56.40 / 57.00 /...
GBPAUD - 24h expiry - We look to Buy a break of 1.9300 (stop at 1.9225)
Price action looks to be forming a bottom.
Short-term RSI has turned positive.
A move through 1.9300 will confirm the bullish momentum.
The measured move target is 1.9500.
Trend line resistance is located at 1.9500.
Our profit targets will be 1.9490 and 1.9525
Resistance: 1.9300 /...
Bitcoin - 24h expiry - We look to Buy at 26666 (stop at 26066)
Our short term bias remains positive.
Short term momentum is bullish. We look to buy dips.
20 4hour EMA is at 26660.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 28166 and 28566
Resistance: 27200 / 27500 / 28000
Support: 26700 / 26400 /...
USDJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 147.071
Why we like it:
There is a pullback support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 146.535
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement...
Gold (XAUUSD) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 1938.11
Why we like it:
There is a pullback resistance that aligns beyond the 61.8% Fibonacci retracement level
Stop Loss: 1947.52
Why we like it:
There is a swing-high resistance level
Take Profit: 1916.64
Why we...
USDCAD is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 1.34888
Why we like it:
There is a pullback support level
Stop Loss: 1.34326
Why we like it:
There is a support level that aligns with the 127.2% Fibonacci extension level
Take Profit: 1.35869
Why we like it:
There is an...
The Euro (EURUSD) could rise towards an overlap resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 1.06875
Why we like it:
There is an overlap resistance level that aligns close to the 38.2% Fibonacci retracement level
Stop Loss: 1.07280
Why we like it:
There is a pullback resistance level that aligns close to the...
Kellogg Company - 30d expiry - We look to Buy a break of 62.36 (stop at 59.96)
With signals for sentiment at oversold extremes, the dip could not be extended.
Bullish divergence is expected to support prices.
The bias is to break to the upside.
This stock has seen good sales growth.
Price action looks to be forming a bottom.
Our profit targets will be...
Ethereum - 24h expiry - We look to Buy at 1611 (stop at 1579)
Short term bias has turned positive. Prices have reacted from 1530.
The previous day's bullish engulfing candle led to further buying yesterday.
We look to buy dips.
Bespoke support is located at 1600.
Our profit targets will be 1691 and 1721
Resistance: 1640 / 1660 / 1680
Support: 1620 / 1600...
Gold (XAUUSD) is trading close to an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 1915.99
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 1928.16
Why we like it:
There is a pullback resistance that aligns close to the 50.0%...
AUDUSD is rising towards a multiple swing-high resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 0.65087
Why we like it:
There is a multiple swing-high resistance level
Stop Loss: 0.65855
Why we like it:
There is a pullback resistance level that lies beyond the 127.2% Fibonacci extension level
Take Profit:...
GBPUSD could rise towards a pullback resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 1.24457
Why we like it:
There is a pullback resistance level
Stop Loss: 1.25332
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement level
Take Profit: 1.23758
Why we like...
USDJPY could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target.
Entry: 146.150
Why we like it:
There is a pullback support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 144.537
Why we like it:
There is a multiple swing-low support level
Take Profit: 149.178
Why we like it:
There...
