ETHUSD is approaching a key resistance and could potentially retreat from this level. We could see the momentum carry price down to our take profit target. Entry: 1835.94 Why we like it: There is an overlap resistance Stop Loss: 1861.67 Why we like it: There is a swing-high resistance Take Profit: 1724.37 Why we like it: There is an overlap support that aligns...
GBPCHF is approaching a key resistance and could potentially retreat from this level. We could see the momentum carry price down to our take profit target. Entry: 1.13686 Why we like it: There is an overlap resistance that aligns with the 78.6%% Fibonacci retracement Stop Loss: 1.14131 Why we like it: There is a swing-high resistance Take Profit: 1.12497 Why we...
HS50 - 24h expiry - We look to Sell a break of 20150 (stop at 20455) Previous support located at 20250. Previous resistance located at 20500. Price action has stalled at good resistance levels and currently trades just below here (20600). We expect a reversal in this move. A move through 20150 will confirm the bearish momentum. Our profit targets will be...
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. We look for a temporary move lower. Expect trading to remain mixed and volatile. Our profit targets will be...
Litecoin - 24h expiry - We look to Sell at 94.18 (stop at 97.18) 94.50 continues to hold back the bulls. 94.52 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Although buying has been posted overnight, the rally has been limited. We look for a temporary move higher. Our profit targets will...
USDCHF is approaching a key resistance level and potentially reverse. We could see the momentum carry price down to its take profit target. Entry: 0.92089 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement Stop Loss: 0.92598 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci...
Rising U.S. bond yields have knocked down XAUUSD. Price could approach a key support level and potentially reverse. We could see the momentum carry price up to its take profit target. Entry: 1933.540 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 1907.560 Why we like it: There is an overlap support that...
DXY has opened the week on a strong note. Price could approach a key resistance level and potentially reverse. We could see the momentum carry price down to its take profit target. Entry: 103.443 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement Stop Loss: 103.882 Why we like it: There is an overlap resistance that...
Price is approaching a key support level and potentially reverse. If price breaks through the intermediate resistance at the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target. Entry: 0.66402 Why we like it: There is an overlap support Stop Loss: 0.65639 Why we like it: There is a swing-low support Take Profit:...
XRP - 24h expiry - We look to Buy at 0.4931 (stop at 0.4731) Intraday signals are bullish. A lower correction is expected. Previous resistance at 0.4950 now becomes support. We look to buy dips. We look for a temporary move lower. Our profit targets will be 0.5431 and 0.5531 Resistance: 0.5806 / 0.6000 / 0.6200 Support: 0.5250 / 0.5200 / 0.5000 Please...
FedEx Corporation - 30d expiry - We look to Buy at 200.11 (stop at 190.48) Daily signals are bullish. Levels below 200 continue to attract buyers. Trading close to the psychological 200 level. Bespoke support is located at 200. We look to buy dips. A higher correction is expected. Trading has been mixed and volatile. This stock has seen good sales growth....
Price could approach a key support level and potentially reverse, we could see the momentum carry price down to our take profit target. Entry: 29380.00 Why we like it: There is a swing-high resistance Stop Loss: 30189.70 Why we like it: There is an overlap resistance Take Profit: 26533.00 Why we like it: There is an overlap support Please be advised that the...
Price is approaching a key resistance level and potentially reverse, we could see the momentum carry price down to our take profit target. Entry: 15707.45 Why we like it: There is a swing-high resistance Stop Loss: 15932.10 Why we like it: There is an overlap resistance Take Profit: 15484.75 Why we like it: There is an overlap support Please be advised that...
Price is approaching a key resistance level and potentially reverse, we could see the momentum carry price down to our take profit target. Entry: 4076.65 Why we like it: There is an overlap resistance Stop Loss: 4160.40 Why we like it: There is an overlap resistance Take Profit: 4012.00 Why we like it: There is an overlap support Please be advised that the...
Price has hit a key support level and potentially reverse, we could see the momentum carry price up to its take profit target. Entry: 1.35207 Why we like it: There is an overlap support Stop Loss: 1.34451 Why we like it: There is an overlap resistance Take Profit: 1.36481 Why we like it: There is an overlap resistance that is close to the 38.2% Fibonacci...
PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31) Levels below 69 continue to attract buyers. 67.58 has been pivotal. 66.39 has been pivotal. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 78.51 and 80.51...
Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08) Broken out of the triangle formation to the downside. Trading has been mixed and volatile. Daily momentum has stalled and our bias is now neutral. A break of the recent low at 85.33 should result in a further move lower. 85.33 has been pivotal. Our profit targets will be 77.48 and...
NIK225 - 24h expiry - We look to Sell at 28280 (stop at 28505) Buying pressure from 27629 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower....