Market analysis from Vantage
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...
BTCUSD 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: 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 very close to a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 1912.95 Why we like it: There is an overlap resistance Stop Loss: 1932.05 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Take Profit: 1892.99 Why we...
GameStop - 30d expiry - We look to Buy at 21.71 (stop at 20.21) Short term momentum is bearish. Prices expected to stall near trend line support. Trend line support is located at 21.70. We look to buy dips. We look for a temporary move higher. This is currently an actively traded stock. Our profit targets will be 25.21 and 25.71 Resistance: 24.00 / 25.00...