USDJPY is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 138.797
Why we like it:
There is an overlap resistance that aligns under the 23.6% Fibonacci retracement level
Stop Loss: 140.166
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci...
NZDJPY - 24h expiry - We look to Sell at 88.80 (stop at 89.30)
Broken out of the channel formation to the downside.
Further downside is expected.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 88.00 will confirm the bearish momentum....
The Trade Desk - 30d expiry - We look to Buy at 78.11 (stop at 73.11)
The primary trend remains bullish.
Previous resistance at 79.50 now becomes support.
A lower correction is expected.
We look to buy dips.
This stock has seen good sales growth.
The hourly chart technicals suggests further downside before the uptrend returns.
Our profit targets will be...
Bitcoin - 24h expiry - We look to Buy a break of 31515 (stop at 30715)
Short term momentum is bullish.
Prices have reacted from 29456.
Price action continues within the short-term bullish trend channel.
31375 has been pivotal.
A break of the recent high at 31475 should result in a further move higher.
We look for gains to be extended today.
Our profit...
Gold (XAUUSD) could hit a key overlap resistance and potentially reverse from this level. We could see price drop down to our take profit target.
Entry: 1969.58
Why we like it:
There is an overlap resistance
Stop Loss: 1980.57
Why we like it:
There is an overlap resistance
Take Profit: 1952.70
Why we like it:
There is a pullback support
Please be advised that...
USDJPY has hit a key pullback resistance and reversed from this level. We could see price drop down to our take profit target.
Entry: 138.797
Why we like it:
There is a pullback resistance
Stop Loss: 140.166
Why we like it:
There is an overlap resistance that aligns above the 23.6% Fibonacci retracement level
Take Profit: 137.393
Why we like it:
There is a...
AUDUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.68830
Why we like it:
There is a swing-high resistance
Stop Loss: 0.69936
Why we like it:
There is an overlap resistance that aligns with the 127.2% Fibonacci extension level
Take Profit: 0.67931
Why we like...
NZDUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.63881
Why we like it:
There is an overlap resistance that aligns with the 127.2% Fibonacci projection level
Stop Loss: 0.64745
Why we like it:
There is a pullback resistance that aligns with the 161.8% Fibonacci...
JPMorgan Chase - 30d expiry - We look to Buy at 143.33 (stop at 140.33)
The primary trend remains bullish.
This is currently an actively traded stock.
Price action continues to trade around significant highs.
Previous resistance at 144 now becomes support.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 150.83 and...
GBPAUD - Intraday - We look to Sell at 1.9250 (stop at 1.9330)
Price action looks to be forming a top.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
The RSI is trending lower.
A move through 1.9100 will confirm bearish momentum.
Our profit targets will be 1.9050 and 1.9000
Resistance: 1.9200 / 1.9250 /...
Litecoin - 24h expiry - We look to Buy at 94.24 (stop at 90.74)
The sequence for trading is higher highs and lows.
Trend line support is located at 94.20.
We look to buy dips.
94.14 has been pivotal.
Bespoke support is located at 94.14.
Our profit targets will be 103.24 and 105.24
Resistance: 98.00 / 100.50 / 104.00
Support: 95.50 / 94.14 / 91.50
Please...
USDCAD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.32428
Why we like it:
There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 1.33023
Why we like it:
There is a pullback resistance that aligns above the 50.0% Fibonacci...
NAS100 is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 15265.30
Why we like it:
There is an overlap resistance at the recent swing-high
Stop Loss: 15570.75
Why we like it:
There is an overlap resistance that aligns just above the 100% Fibonacci projection level
Take...
DXY is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 101.075
Why we like it:
There is an overlap support
Stop Loss: 100.788
Why we like it:
There is a pullback support that aligns with the 100.0% Fibonacci projection level
Take Profit: 101.937
Why we like it:
There is an...
EURUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.10011
Why we like it:
There is an overlap support
Stop Loss: 1.09450
Why we like it:
There is a pullback support that aligns under the 38.2% Fibonacci retracement level
Take Profit: 1.10813
Why we like it:
There is an...
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...
