New Fortress Energy Inc - 30d expiry - We look to Buy a break of 31.71 (stop at 28.81)
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
A break of the recent high at 31.58 should result in a further move higher.
31.58 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a...
EURAUD - Intraday - We look to Buy at 1.6350 (stop at 1.6300)
Previous support located at 1.6400.
Previous resistance located at 1.6425.
Broken out of the triangle formation to the upside.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.6425 will confirm the bullish momentum.
Our profit targets...
Bitcoin - 24h expiry - We look to Sell at 27388 (stop at 27888)
We look to trade the current range.
Bespoke resistance is located at 27500.
We look for a temporary move higher.
The bias is to break to the downside.
The sequence for trading is lower lows and highs.
Our profit targets will be 26138 and 25738
Resistance: 26800 / 27200 / 27500
Support: 26600...
USDCHF 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: 0.90306
Why we like it:
There is an overlap resistance
Stop Loss: 0.90712
Why we like it:
There is an overlap resistance
Take Profit: 0.89868
Why we like it:
There is an overlap support
Please be advised that...
USDCAD 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: 1.35306
Why we like it:
There is an overlap resistance
Stop Loss: 1.35827
Why we like it:
There is an overlap resistance that aligns close to the 78.6% Fibonacci retracement
Take Profit: 1.34477
Why we like...
SP500 has fallen to a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 4156.99
Why we like it:
There is an overlap support
Stop Loss: 4110.34
Why we like it:
There is an overlap support
Take Profit: 4213.49
Why we like it:
There is an overlap resistance
Please be advised that the...
ETHUSD is falling towards a key support level and potentially reverse 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 a recent swing-low
Take Profit: 1843.72
Why we like it:
There is an overlap resistance
Please be advised that the...
Alibaba - 30d expiry - We look to Sell a break of 79.38 (stop at 84.38)
The primary trend remains bullish.
The stock is currently underperforming in its sector.
This is currently an actively traded stock.
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
79.48 has been...
EURAUD - 24h expiry - We look to Sell at 1.6325 (stop at 1.6375)
Previous support located at 1.6250.
Previous resistance located at 1.6300.
Price action has continued to range within a triangle formation.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 1.6205 and 1.6185
Resistance:...
Litecoin - 24h expiry - We look to Sell a break of 88.78 (stop at 91.78)
Daily signals are bearish.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 88.90 should result in a further move lower.
Expect trading to remain mixed and volatile.
Although buying has been posted...
AUDUSD is falling towards a key support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.66089
Why we like it:
There is an overlap support at the recent swing-low
Stop Loss: 0.65801
Why we like it:
There is an overlap support
Take Profit: 0.66678
Why we like it:
There is an overlap resistance
Please be...
USDJPY is close to a key resistance level and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 138.747
Why we like it:
There is an overlap resistance
Stop Loss: 139.895
Why we like it:
There is an overlap resistance
Take Profit: 137.393
Why we like it:
There is an overlap support
Please be advised that the...
EURGBP is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 0.87195
Why we like it:
There is an overlap resistance
Stop Loss: 0.87633
Why we like it:
There is an overlap resistance close to the 61.8% Fibonacci retracement
Take Profit: 0.86703
Why we like it:
There is an...
XRPUSD could fall towards a key support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.4571
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci projection
Stop Loss: 0.4516
Why we like it:
There is an overlap support at the recent swing-low
Take Profit: 0.4660
Why we like...
VMware - 30d expiry - We look to Sell a break of 120.88 (stop at 124.72)
Trading has been mixed and volatile.
The medium term bias is neutral.
A break of the recent low at 121.19 should result in a further move lower.
Bearish divergence is expected to cap gains.
Short term MACD has turned negative.
Our profit targets will be 112.12 and 110.12
Resistance:...
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...
