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...
EURUSD 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: 1.06935
Why we like it:
There is an overlap support at the 100.0% Fibonacci projection
Stop Loss: 1.06492
Why we like it:
There is an overlap support at the 127.2% Fibonacci projection
Take Profit: 1.07485
Why we...
GBPUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.23996
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement
Stop Loss: 1.24681
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci...
DJ30 is rising towards a key resistance level and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 32942.50
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement
Stop Loss: 33149.50
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci...
