ETHUSD is dropping to a key support and potentially reverse from here. We could see the momentum carry price up to our take profit target.
Entry: 1847.22
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1768.00
Why we like it:
There is an overlap support
Take Profit: 1943.64
Why we like it:
There is an...
DJ30 could hit our sell entry and potentially reverse from here. We could see price move down to our take profit target.
Entry: 33858.50
Why we like it:
There is an overlap resistance that aligns with the 78.6% Fibonacci retracement
Stop Loss: 34172.34
Why we like it:
There is an overlap resistance
Take Profit: 33325.35
Why we like it:
There is an overlap...
USDJPY is currently trading around the 50.0% Fibonacci retracement and potentially reverse from here. We could see price move down to our take profit target.
Entry: 133.828
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 134.738
Why we like it:
There is an overlap resistance that aligns with the 61.8%...
USDCAD has stalled around the 61.8% Fibonacci retracement and potentially reverse from here. We could see the momentum carry price up to our take profit target.
Entry: 1.34594
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement
Stop Loss: 1.34114
Why we like it:
There is a swing-low support
Take Profit: 1.35603
Why we...
Bitcoin - 24h expiry - We look to Buy at 28707 (stop at 27882)
Previous resistance at 28600 now becomes support.
Daily signals are bullish.
A lower correction is expected.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 30780 and 31180
Resistance: 30383 / 31000 / 31500
Support: 29800...
Foot Locker - 30d expiry - We look to Sell at 46.97 (stop at 49.97)
Trading has been mixed and volatile.
47 continues to hold back the bulls.
47.22 has been pivotal.
Bespoke resistance is located at 47.
Preferred trade is to sell into rallies.
The medium term bias is neutral.
Our profit targets will be 40.02 and 39.02
Resistance: 42.06 / 43.00 /...
GBPUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 1.24220
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement
Stop Loss: 1.24888
Why we like it:
There is an intermediate resistance that aligns with the 78.6%...
XAUUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 2009.850
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 2032.110
Why we like it:
There is a swing-high resistance
Take Profit: 1982.675
Why we...
NZDUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 0.62389
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement
Stop Loss: 0.62768
Why we like it:
There is an overlap resistance
Take Profit: 0.61930
Why we like...
AUDUSD is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 0.66949
Why we like it:
There is an overlap resistance
Stop Loss: 0.67300
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Take Profit: 0.66191
Why we like...
Bitcoin - 24h expiry - We look to Sell at 29130 (stop at 29650)
Levels above 28700 continue to attract sellers.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be...
NIK225 - 24h expiry - We look to Sell at 28135 (stop at 28340)
Buying pressure from 27458 resulted in prices rejecting the dip.
We are trading at overbought extremes.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
The hourly chart technicals suggests further upside before the...
Cisco Systems - 30d expiry - We look to Buy at 49.75 (stop at 47.75)
Daily signals are bullish.
The sequence for trading is higher highs and lows.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look to buy dips.
Previous resistance at 50 now becomes support.
Trading close to...
USDCHF is approaching a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 0.90852
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement
Stop Loss: 0.91359
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci...
EURGBP is close to a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 0.87902
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 0.88266
Why we like it:
There is an overlap resistance
Take Profit: 0.87550
Why we like...
ETHUSD could bounce off a key support and we could see the momentum carry price up to our take profit target.
Entry: 1847.22
Why we like it:
There is an overlap support that aligns close to the 50.0% Fibonacci retracement
Stop Loss: 1794.64
Why we like it:
There is an overlap support
Take Profit: 1943.64
Why we like it:
There is a recent swing-high...
DXY is heading towards a key resistance and potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry: 102.375
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 103.002
Why we like it:
There is an overlap resistance
Take Profit: 101.255
Why we like...
New York Times Co - 30d expiry - We look to Buy at 36.73 (stop at 35.27)
We have a 61.8% Fibonacci pullback level of 36.74 from 27.59 to 42.40.
Intraday signals are bullish.
Preferred trade is to buy on dips.
Previous resistance at 37.00 now becomes support.
This stock has seen good sales growth.
Our profit targets will be 40.38 and 40.98
Resistance:...
