NZDJPY - 24h expiry - We look to Buy at 82.90 (stop at 82.40)
Previous support located at 83.00.
Previous resistance located at 83.80.
There is no clear indication that the upward move is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 83.80 will confirm the bullish momentum.
Our profit targets will be 84.20...
General Motors Company - 30d expiry - We look to Buy at 33.55 (stop at 31.83)
Trend line support is located at 33.50.
A lower correction is expected.
We look to buy dips.
Prices expected to stall near trend line support.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
Our profit targets will be 37.84 and 38.74...
Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 92.51)
Posted a Double Top formation.
There is no clear indication that the upward move is coming to an end.
Daily signals are mildly bullish.
95.69 has been pivotal.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 102.51 and 103.51
Resistance: 94.50 /...
XAUUSD is approaching a key resistance and could potentially reverse from this level. We could see the momentum carry price down to our take profit target.
Entry:
Why we like it: 1990.545
There is an overlap resistance that aligns with the 76.4% Fibonacci retracement
Stop Loss: 2009.85
Why we like it:
There is a swing-high resistance
Take Profit: 1946.305
Why...
DXY is approaching a key support and could potentially bounce from this level. We could see the momentum carry price up to our take profit target.
Entry:
Why we like it: 101.915
There is an overlap support
Stop Loss: 100.820
Why we like it:
There is a swing-low support that aligns with the -27.2% Fibonacci extension
Take Profit: 1.12497
Why we like it:
There...
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...
