HS50 - 24h expiry - We look to Sell at 19995 (stop at 20155)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
The Ichimoku cloud and 200-day moving average provide further resistance and we look to set shorts in early trade to capture this selling opportunity.
The weekly pivot is at 20000.
The hourly chart...
Ethereum - 24h expiry - We look to Buy a break of 1846 (stop at 1796)
Daily signals are mildly bullish.
A break of the recent high at 1844 should result in a further move higher.
1844 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The primary trend remains bullish.
Our profit targets...
NZDUSD is falling towards a key support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.62605
Why we like it:
There is an overlap support
Stop Loss: 0.62077
Why we like it:
There is an overlap support
Take Profit: 0.63110
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci...
XAUSD has broken through our sell entry and could potentially drop lower. We could see momentum carry price down to our take profit target.
Entry: 1976.47
Why we like it:
There is an overlap support
Stop Loss: 1999.48
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Take Profit: 1953.810
Why we like it:
There is an...
GBPJPY could fall towards our sell entry and potentially break through this level to drop lower. We could see momentum carry price down to our take profit target.
Entry: 171.425
Why we like it:
There is an intermediate support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 172.505
Why we like it:
There is an overlap resistance at the recent...
GBPJPY could fall towards our sell entry and potentially break through this level to drop lower. We could see momentum carry price down to our take profit target.
Entry: 171.429
Why we like it:
There is an intermediate support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 172.136
Why we like it:
There is an overlap resistance
Take Profit:...
CHFJPY could fall towards a key support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 152.864
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 152.079
Why we like it:
There is an overlap support close to the 38.2% Fibonacci retracement
Take Profit:...
Wix.Com - 30d expiry - We look to Sell a break of 73.78 (stop at 78.78)
Broken out of the channel formation to the downside.
Short term bias has turned negative.
Short term momentum is bearish.
A break of the recent low at 73.92 should result in a further move lower.
Our outlook is bearish.
Our profit targets will be 61.87 and 59.87
Resistance: 80.70 /...
Ethereum - 24h expiry - We look to Sell at 1829 (stop at 1879)
We look to trade the current range. Bespoke resistance is located at 1830.
1830 continues to hold back the bulls.
The preferred trade is to sell into rallies.
Our short-term bias remains negative.
Our profit targets will be 1709 and 1689
Resistance: 1810 / 1830 / 1850
Support: 1790 / 1770 /...
XAUUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1976.47
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement
Stop Loss: 2001.03
Why we like it:
There is an overlap resistance close to the 50.0% Fibonacci retracement
Take...
ETHUSD could fall towards a key support level and potentially move higher from here. We could see price bounce up to our take profit target.
Entry: 1783.63
Why we like it:
There is an overlap support
Stop Loss: 1734.09
Why we like it:
There is an overlap support
Take Profit: 1843.72
Why we like it:
There is an overlap resistance close to the 38.2% Fibonacci...
USDCHF is falling towards a key support level and potentially move higher 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
Stop Loss: 0.89556
Why we like it:
There is an overlap support
Take Profit: 0.91189
Why we like it:
There is an overlap resistance close to the 61.8% Fibonacci...
BTCUSD could fall towards a key support level and potentially move higher from here. We could see price bounce up to our take profit target.
Entry: 26463.89
Why we like it:
There is an overlap support
Stop Loss: 25806.24
Why we like it:
There is a recent swing-low
Take Profit: 28300.52
Why we like it:
There is an overlap resistance that aligns with the 61.8%...
OKTA - 30d - We look to Buy a break of 88.08 (stop at 80.89)
The sequence for trading is higher highs and lows.
Daily signals are bullish.
A break of the recent high at 87.88 should result in a further move higher.
Our outlook is bullish.
This stock has seen good sales growth.
Our profit targets will be 105.48 and 108.48
Resistance: 82.50 / 86.50 /...
Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105)
Trend line resistance is located at 28600.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
A sequence of daily lower lows and highs has been posted.
Our profit targets will be...
AUDUSD has bounced off a key support level and could potentially move higher from here. We could see price bounce up to our take profit target.
Entry: 0.66332
Why we like it:
There is an overlap support close to the 78.6% Fibonacci retracement
Stop Loss: 0.65897
Why we like it:
There is an overlap support
Take Profit: 0.67062
Why we like it:
There is an overlap...
USOUSD (WTI) is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 73.683
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Stop Loss: 75.582
Why we like it:
There is an overlap resistance close to the 61.8% Fibonacci...
GBPUSD 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: 1.24215
Why we like it:
There is an overlap support at the recent swing-low
Stop Loss: 1.23776
Why we like it:
There is an overlap support
Take Profit: 1.25321
Why we like it:
There is an overlap resistance close...
