NZDJPY - 24h expiry - We look to Sell at 87.50 (stop at 87.90)
Broken out of the channel formation to the downside.
Further downside is expected.
Short term RSI is moving lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 86.75 will confirm the bearish momentum.
Our profit targets will be 86.50 and 86.25
Resistance: 87.00...
Salesforce - 30d expiry - We look to Buy at 216.11 (stop at 206.11)
The primary trend remains bullish.
Broken out of the triangle formation to the upside.
Previous resistance at 216 now becomes support.
We look to buy dips.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
This...
Ethereum - 24h expiry - We look to Buy at 1845 (stop at 1805)
We look to trade the current range.
Price action continued to range between key support & resistance (1840 - 1920) and we expect this to continue.
Bespoke support is located at 1840.
We look to buy dips.
Expect trading to remain mixed and volatile.
Our profit targets will be 1945 and 1965...
NZDUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.61312
Why we like it:
There is a pullback support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.60647
Why we like it:
There is a recent swing-low support
Take Profit: 0.62177
Why we like...
USDJPY is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 140.166
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement level and the 100% Fibonacci projection level
Stop Loss: 138.797
Why we like it:
There is a pullback support
Take...
SP500 is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 4382.19
Why we like it:
There is a pullback support that aligns with the 78.6% Fibonacci projection level
Stop Loss: 4338.64
Why we like it:
There is a pullback support that aligns under the 127.2%% Fibonacci projection...
USOUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 74.377
Why we like it:
There is an overlap resistance
Stop Loss: 77.001
Why we like it:
There is an overlap resistance
Take Profit: 70.481
Why we like it:
There is a pullback support that aligns with the 50%...
Consol Energy - 30d expiry - We look to Buy at 63.75 (stop at 60.75)
We are trading at overbought extremes.
Previous resistance at 64 now becomes support.
The previous swing low is located at 63.32.
Bespoke support is located at 64.
We look to buy dips.
Expect trading to remain mixed and volatile.
Our profit targets will be 70.75 and 72.75
Resistance:...
Litecoin - 24h expiry - We look to Sell a break of 90.68 (stop at 93.88)
Trend line support is located at 93.00.
Prices expected to stall near trend line support.
A break of the recent low at 90.85 should result in a further move lower.
The medium term bias is neutral.
There is no clear indication that the downward move is coming to an end.
Our profit...
CHN50 - 24h expiry - We look to Sell at 12720 (stop at 12805)
Buying pressure from 12375 resulted in prices rejecting the dip.
The current move higher is expected to continue.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Preferred trade is to sell into rallies.
Previous resistance located at 12733.
Our profit targets...
BTCUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 29883.99
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 28332.27
Why we like it:
There is an overlap support that aligns above the 50.0% Fibonacci...
Gold (XAUUSD) is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1933.40
Why we like it:
There is an overlap resistance that aligns above the 50.0% Fibonacci retracement level
Stop Loss: 1952.70
Why we like it:
There is a pullback resistance that aligns with the 78.6%...
AUDUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.66129
Why we like it:
There is a pullback support at the recent swing-low
Stop Loss: 0.65801
Why we like it:
There is an overlap support
Take Profit: 0.67008
Why we like it:
There is a pullback resistance at the...
EURUSD is rising towards a key pullback resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.10011
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci retracement level
Stop Loss: 1.10827
Why we like it:
There is a swing-high resistance
Take Profit: 1.09181
Why we...
Snap - 30d expiry - We look to Sell at 12.59 (stop at 13.59)
13 continues to hold back the bulls.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
We are trading at oversold extremes.
We look for a temporary move higher.
12.94 has been pivotal.
In our opinion this stock is overvalued.
Our profit targets will be 10.09 and 9.59...
Litecoin - 24h expiry - We look to Buy at 90.51 (stop at 86.51)
Trend line support is located at 90.40.
We look to buy dips.
Short term bias is bearish.
Prices expected to stall near trend line support.
Daily signals are bullish.
Our profit targets will be 100.51 and 102.51
Resistance: 98.00 / 100.00 / 103.50
Support: 94.14 / 91.50 / 90.00
Please be...
EURUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.09180
Why we like it:
There is an overlap resistance
Stop Loss: 1.09653
Why we like it:
There is an overlap resistance
Take Profit: 1.08444
Why we like it:
There is an overlap support
Please be advised that...
USDCHF is falling towards a key overlap support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.89198
Why we like it:
There is an overlap support
Stop Loss: 0.88885
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement level and 127.2% Fibonacci projection...
