USOUSD is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 69.435 Why we like it: There is an overlap support Stop Loss: 67.454 Why we like it: There is an overlap support Take Profit: 73.466 Why we like it: There is an overlap resistance that aligns close to the 50.0%...
XAUUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1956.62 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1972.63 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci...
CHN50 - 24h expiry - We look to Sell at 12650 (stop at 12730) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move...
Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term indicators have turned positive. We look for gains to be extended today. A break of the recent high at 1925 should result in a further move higher. Our profit targets will be...
New York Times Co - 30d expiry - We look to Sell a break of 35.19 (stop at 36.39) Short term bias has turned negative. Trading has been mixed and volatile. Trading within a Corrective Channel formation. Price action is forming a bearish flag which has a bias to break to the downside. 35.29 has been pivotal. A break of the recent low at 35.29 should result...
USDCHF is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.90052 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 0.89545 Why we like it: There is an overlap support Take Profit: 0.90932 Why we like it: There is an...
NZDUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 0.60845 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Stop Loss: 0.61171 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci...
EURUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.07601 Why we like it: There is an overlap resistance Stop Loss: 1.07919 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Take Profit: 1.07018 Why we like it: There is a...
USDJPY is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 139.297 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 138.174 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38) Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon. The primary trend remains bullish. We look to buy dips. Short term momentum is bearish. We look for a temporary move lower. Our profit targets will be 512.88 and...
XRP - 24h expiry - We look to Buy at 0.4531 (stop at 0.4431) Short term bias has turned positive. Previous resistance at 0.4530 now becomes support. A lower correction is expected. We look to buy dips. 50 4hour EMA is at 0.4536. Our profit targets will be 0.4781 and 0.4831 Resistance: 0.4650 / 0.4700 / 0.4750 Support: 0.4580 / 0.4530 / 0.4500 Please be...
USDCAD is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.36200 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 1.35906 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
USDJPY is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 138.710 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 137.702 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
EURUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.07631 Why we like it: There is an overlap resistance Stop Loss: 1.07919 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Take Profit: 1..07121 Why we like it: There is an...
BTCUSD is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 26283.12 Why we like it: There is an overlap support Stop Loss: 25806.24 Why we like it: There is an overlap support Take Profit: 27222.74 Why we like it: There is an overlap resistance Please be advised that the...
NZDUSD - 24h expiry - We look to Sell at 0.6100 (stop at 0.6130) Previous support located at 0.6025. Previous resistance located at 0.6075. There is no indication that the selloff is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6025 will confirm the bearish momentum. Our...
XRP - 24h expiry - We look to Sell at 0.4645 (stop at 0.4745) Bespoke resistance is located at 0.4650. We look to trade the current range. Daily signals are mildly bearish. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Our profit targets will be 0.4395 and 0.4345 Resistance: 0.4530 / 0.4600 / 0.4650 Support: 0.4450...
Ross Stores - 30d expiry - We look to Sell at 112.85 (stop at 118.61) Short term bias has turned negative. We are trading at overbought extremes. We have a Gap open at 18/11/2022 from 97.93 to 114.80. Previous support at 113 now becomes resistance. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be...