Lockheed Martin Corporation - 30d expiry - We look to Buy at 448.25 (stop at 438.25)
Prices have reacted from 442.30.
Support is located at 447 and should stem dips to this area.
443 continues to hold back the bears.
The primary trend remains bullish.
This stock has seen good sales growth.
Price action was confined to a narrow range highlighting the lack of...
CHN50 - 24h expiry - We look to Sell at 12495 (stop at 12595)
Selling pressure from 12536 resulted in all the initial daily gains being overturned.
A Doji style candle has been posted from the high. Our short term bias remains negative.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction...
EURGBP is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 0.85552
Why we like it:
There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level
Stop Loss: 0.85861
Why we like it:
There is an overlap resistance that sits above the 50.0% Fibonacci...
DAX40 has hit the buy entry for a potential bullish breakout. Momentum could carry price higher towards our take profit target. Wait for breakout confirmation prior to entering the trade.
Entry: 15797.95
Why we like it:
There is a potential bullish breakout
Stop Loss: 15705.25
Why we like it:
There is a pullback support
Take Profit: 16002.65
Why we like...
USDCHF is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 0.87588
Why we like it:
There is an overlap support
Stop Loss: 0.87102
Why we like it:
There is a pullback support
Take Profit: 0.88275
Why we like it:
There is a pullback resistance
Please be advised that the information...
USDCAD is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 1.35019
Why we like it:
There is an overlap support that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 1.34448
Why we like it:
There is an overlap support that sits above the 38.2% Fibonacci retracement...
XRP - 24h expiry - We look to Sell a break of 0.4968 (stop at 0.5168)
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 0.4970 should result in a further move lower.
We look for losses to be extended today.
Daily signals are bearish.
The lack of interest is a concern for bulls.
Our profit targets will be...
NIK225 - 24h expiry - We look to Sell at 32340 (stop at 32540)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
The hourly chart technicals suggests further upside before the...
Abbott Laboratories - 30d expiry - We look to Buy at 104.11 (stop at 100.91)
The trend of higher lows is located at 104.
The primary trend remains bullish.
This stock has seen good sales growth.
104 continues to hold back the bears.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Our profit targets will...
Gold (XAUUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 1910.14
Why we like it:
There is an overlap resistance
Stop Loss: 1932.25
Why we like it:
There is an overlap resistance that sits above the 50.0% Fibonacci retracement level
Take Profit: 1886.19
Why we like...
GBPJPY is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 184.759
Why we like it:
There is an overlap support that aligns with the 100.0% Fibonacci projection level
Stop Loss: 183.394
Why we like it:
There is a pullback support that sits below the 50.0% Fibonacci retracement...
SP500 is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 4434.09
Why we like it:
There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level
Stop Loss: 4478.82
Why we like it:
There is an overlap resistance that sits above the 78.6% Fibonacci...
GBPUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 1.27854
Why we like it:
There is an overlap resistance
Stop Loss: 1.28693
Why we like it:
There is a pullback resistance that sits above the 61.8% Fibonacci retracement level
Take Profit: 1.26726
Why we like it:
There is an...
HS50 - 24h expiry - We look to Sell at 18100 (stop at 18300)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move...
Bitcoin - 24h expiry - We look to Buy at 25808 (stop at 25208)
With signals for sentiment at oversold extremes, the dip could not be extended.
Price action was confined to a narrow range highlighting the lack of clear direction.
25611 has been pivotal.
We look to buy dips.
Price action has posted a Doji candle and confirms a possible stall in the recent...
Roku - 30d expiry - We look to Buy at 75.11 (stop at 69.11)
The sequence for trading is higher highs and lows.
The trend of higher lows is located at 74.50.
Previous resistance at 75 now becomes support.
We look to buy dips.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
Our profit targets will be 90.11 and 93.11...
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: 0.87538
Why we like it:
There is an overlap support
Stop Loss: 0.87102
Why we like it:
There is an overlap support
Take Profit: 0.88275
Why we like it:
There is an overlap resistance
Please be advised that the...
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: 145.071
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci projection level
Stop Loss: 143.873
Why we like it:
There is an overlap support that aligns close to the 50.0% Fibonacci...
