GER30 is close to a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 16007.70
Why we like it:
There is an overlap resistance at the recent swing-high
Stop Loss: 16109.20
Why we like it:
There is an overlap resistance that aligns with the 127.20% Fibonacci extension
Take Profit: 15707.45
Why...
DXY 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: 102.071
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Stop Loss: 101.663
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci...
XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183)
Our short term bias remains negative.
0.4056 has been pivotal.
The bias is to break to the downside.
We look for losses to be extended today.
Daily signals are mildly bearish.
Our profit targets will be 0.3728 and 0.3668
Resistance: 0.4350 / 0.4415 / 0.4450
Support: 0.4200 / 0.4095 /...
Visa - 30d expiry
The primary trend remains bullish.
This is curremtly an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
We look to Buy a break of 236.11 (stop at 231.38)
Our...
USDJPY could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 135.271
Why we like it:
There is an overlap resistance
Stop Loss: 136.908
Why we like it:
There is an overlap resistance that aligns with the 78.6% Fibonacci retracement
Take Profit: 133.596
Why we like it:
There is an...
US500 could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 4159.10
Why we like it:
There is an overlap resistance that aligns with the 78.6% Fibonacci retracement
Stop Loss: 4186.60
Why we like it:
There is a swing-high resistance
Take Profit: 4107.30
Why we like it:
There is an...
AUDUSD 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: 0.66682
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement
Stop Loss: 0.66423
Why we like it:
There is an overlap support
Take Profit: 0.67513
Why we like it:
There is an...
USDCAD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.35276
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 1.36364
Why we like it:
There is an overlap resistance close to the recent swing-high
Take Profit:...
Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833)
Short term bias has turned negative.
Posted a Double Bottom formation.
A break of yesterdays low would confirm bearish momentum.
Short term momentum is bearish.
Short term RSI is moving lower.
Our profit targets will be 1663 and 1643
Resistance: 1840 / 1860 / 1880
Support: 1815 / 1785...
Live Nation Entertainment - 30d expiry - We look to Sell a break of 73.58 (stop at 76.58)
The primary trend remains bearish.
We have a Gap open at 5/5/2023 from 67.07 to 74.19.
A higher correction is expected.
The bias is to break to the downside.
Trading has been mixed and volatile.
Our profit targets will be 66.08 and 64.08
Resistance: 79 / 81 /...
NZDUSD is falling towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 0.63147
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 0.62758
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Take Profit:...
BTCUSD could drop to a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 27221
Why we like it:
There is an overlap support
Stop Loss: 26707
Why we like it:
There is an overlap support
Take Profit: 28356
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Please be...
DXY is approaching a key resistance level and reverse from here. We could see price move down to our take profit target.
Entry: 101.880
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 102.260
Why we like it:
There is an overlap resistance
Take Profit: 101.027
Why we like it:
There is an overlap...
USDCHF is approaching a key resistance level and reverse from here. We could see price move down to our take profit target.
Entry: 0.89431
Why we like it:
There is an overlap resistance
Stop Loss: 0.89756
Why we like it:
There is an overlap resistance
Take Profit: 0.88643
Why we like it:
There is an overlap support close to the 78.6% Fibonacci...
BLACKROCK - 30d expiry - We look to Sell a break of 618.88 (stop at 645.88)
Intraday signals are bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
620 has been pivotal.
A break of the recent low at 620 should result in a further move lower.
This stock has recently been in the news headlines.
Short term momentum is...
CHN50 - 24h expiry - We look to Buy at 13005 (stop at 12925)
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Our short term bias remains positive.
The hourly chart technicals suggests further downside before the uptrend returns.
Further upside is expected although we...
XRP - 24h expiry - We look to Sell at 0.4494 (stop at 0.4614)
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Previous support, now becomes resistance at 0.4500.
Our profit targets will be 0.4194 and 0.4134...
GBPUSD could fall towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 1.25465
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1.24852
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
Take Profit:...
