USDCHF is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.88595 Why we like it: There is an overlap support at a multi-swing low Stop Loss: 0.87757 Why we like it: There is an overlap support at a swing-low Take Profit: 0.89894 Why we like it: There is an overlap resistance...
USDJPY could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 135.117 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 134.365 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement Take...
US500 could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 4095.05 Why we like it: There is an overlap support that aligns close to the 61.8% Fibonacci retracement Stop Loss: 4061.00 Why we like it: There is an overlap support Take Profit: 4154.11 Why we like it: There is an...
BTCUSD has reacted off a key resistance level and reversed from here. We could see price move down to our take profit target. Entry: 28775 Why we like it: There is an overlap resistance Stop Loss: 29835 Why we like it: There is an overlap resistance level Take Profit: 27236 Why we like it: There is an overlap support Please be advised that the information...
Dropbox - 24h expiry - We look to Sell at 22.14 (stop at 22.94) Expect trading to remain mixed and volatile. Previous support at 22.00 now becomes resistance. The medium term bias is neutral. 22.33 has been pivotal. Preferred trade is to sell into rallies. Price action has resulted in a bearish candle after the previous swing high found selling interest at...
Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926) Previous resistance located at 1880. Previous support at 1870 now becomes resistance. Short term bias has turned negative. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 1756 and 1736 Resistance: 1830 / 1850 / 1880 Support: 1820 / 1805...
GBPUSD is falling towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.24498 Why we like it: There is an overlap support that aligns just below the 61.87% Fibonacci retracement Stop Loss: 1.23862 Why we like it: There is an overlap support Take Profit: 1.25550 Why we like it: There is an...
AUDUSD could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 0.66746 Why we like it: There is an overlap support Stop Loss: 0.66190 Why we like it: There is an overlap support Take Profit: 0.67368 Why we like it: There is an overlap resistance that aligns close to the 78.6%...
USDJPY could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 138.155 Why we like it: There is an overlap resistance Stop Loss: 139.067 Why we like it: There is a resistance level at the -27.2% Fibonacci expansion Take Profit: 136.663 Why we like it: There is an overlap...
XAUUSD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1973.518 Why we like it: There is an overlap support Stop Loss: 1949.910 Why we like it: There is an overlap support slightly below the 38.2% Fibonacci retracement Take Profit: 2015.075 Why we like it: There is an...
Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. 83.78 has been pivotal. A break of the recent low at 83.78 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 75.98...
Salesforce - 30d expiry - We look to Buy at 192.32 (stop at 184.98) The primary trend remains bullish. Price action has formed a bullish ascending triangle formation. Trend line support is located at 192. The bias is to break to the upside. Trading close to the psychological 200 level. A break of bespoke resistance at 200, and the move higher is already...
Bitcoin - 24h expiry - We look to Buy at 28616 (stop at 28116) Short term bias has turned positive. Previous resistance at 28600 now becomes support. 50 4hour EMA is at 28600. We look to buy dips. A lower correction is expected. Our profit targets will be 29866 and 30166 Resistance: 29500 / 30000 / 30500 Support: 29130 / 28800 / 28600 Please be advised...
Target - 30d expiry - We look to Sell at 180.35 (stop at 186.64) Levels above 180 continue to attract sellers. 181.70 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. This stock has seen poor sales growth. Preferred trade is to sell into rallies. Posted a Treble Top formation. Our profit...
GER30 could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 15924.40 Why we like it: There is an overlap resistance Stop Loss: 16046.89 Why we like it: There is a resistance level at the 127.2% Fibonacci extension Take Profit: 15656.70 Why we like it: There is an overlap...
USDCAD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1.35630 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 1.35630 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
BTCUSD could approach a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 30127 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Stop Loss: 31035 Why we like it: There is a swing-high resistance Take Profit: 28775 Why we like it: There is an...
XAUSD is falling towards a key support level and could potentially bounce from here. We could see price move up to our take profit target. Entry: 1977.035 Why we like it: There is an overlap support Stop Loss: 1949.910 Why we like it: There is an overlap support Take Profit: 2015.075 Why we like it: There is an overlap resistance Please be advised that the...