GBPUSD is falling towards a recent swing-low and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.26726 Why we like it: There is a recent swing-low support that aligns with the 61.8% Fibonacci retracement level Stop Loss: 1.26066 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci...
EURUSD is falling towards an overlap support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.09180 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement level Stop Loss: 1.08388 Why we like it: There is an overlap support Take Profit: 1.10422 Why we like...
Litecoin - 24h expiry - We look to Sell at 87.88 (stop at 90.88) Previous support level of 88 broken. Previous support at 88 now becomes resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Daily signals are bearish. Our profit targets will be 80.88 and 78.88 Resistance: 83.00 / 85.50 / 88.00 Support: 82.20 / 80.80 /...
New York Times Co - 30d expiry - We look to Buy at 39.03 (stop at 37.83) Daily signals are bullish. Previous support located at 39. We look to buy dips. Broken out of the channel formation to the upside. Dip buying offers good risk/reward. Our profit targets will be 41.73 and 42.23 Resistance: 41.00 / 42.00 / 42.87 Support: 39.00 / 38.00 / 37.50 Please...
Price is bouncing off a key support level, which is a major swing low support level, hence we could see the momentum carry price up to its take profit target. Entry: Why we like it: 0.6062 There is a major support key level for a potential bullish reversal. Stop Loss: 0.5987 Why we like it: There is a swing low support. Take Profit: 0.6132 Why we like...
Price is approaching a multi-swing high resistance level, and it aligns with the 50% Fibonacci Retracement level, which could cause price to reverse from here to our take profit target. Entry: 1.3385 Why we like it: There is a 50% Fibonacci Retracement and a multi-swing high resistance. Stop Loss: 1.3446 Why we like it: There is a pullback resistance. Take...
GBP could potentially react off overlap resistance level and we could see price fall to 1st support level Entry: 1.27464 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement level Stop Loss:1.28118 Why we like it: There is an overlap resistance Take Profit: 1.2651 Why we like it: There is a support level Please be...
EURUSD could potentially react off overlap resistance level and we could see price fall to 1st support level Entry: 1.09570 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement level Stop Loss:1.1035 Why we like it: There is an overlap resistance Take Profit: 1.0874 Why we like it: There is a support level Please be...
Oracle - 30d expiry - We look to Sell a break of 112.98 (stop at 118.98) Daily signals for sentiment are at overbought extremes. Trades with a bearish descending triangle formation. 113.43 has been pivotal. A break of the recent low at 113.43 should result in a further move lower. The bias is to break to the downside. Our profit targets will be 98.98 and...
Bitcoin - 24h expiry - We look to Buy at 28812 (stop at 28312) Prices have reacted from 28600. Previous support located at 28800. Daily signals are mildly bullish. We look to buy dips. The rally was sold and the dip bought resulting in mild net gains yesterday. Our profit targets will be 30012 and 30262 Resistance: 29200 / 29500 / 29800 Support: 29000 /...
NZDUSD - 24h expiry - We look to Buy at 0.6050 (stop at 0.6020) Price action has continued to trend strongly lower and has stalled at the previous support near 0.6050. Price action looks to be forming a bottom. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.60100 will confirm the bullish...
NIK225 - 24h expiry - We look to Buy at 32105 (stop at 31905) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has...
Nike - 30d expiry - We look to Buy at 104.54 (stop at 100.74) The trend of higher lows is located at 104.50. The primary trend remains bullish. This is currently an actively traded stock. This stock has seen good sales growth. Dips continue to attract buyers. Our profit targets will be 114.04 and 116.04 Resistance: 110.85 / 114.76 / 117.00 Support:...
Bitcoin - 24h expiry - We look to Buy at 29111 (stop at 28611) Daily signals are mildly bullish. Prices have reacted from 28600. Price action has posted a Doji candle and signals a possible reversal of the recent trend. Short term MACD has turned positive. We look to buy dips. Our profit targets will be 30311 and 30611 Resistance: 29800 / 30000 /...
USDJPY could fall towards a pullback support level and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 141.953 Why we like it: There is a pullback support that aligns under the 23.6% Fibonacci retracement level Stop Loss: 140.737 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
Gold (XAUUSD) is falling towards an overlap support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1932.05 Why we like it: There is an overlap support that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 1899.32 Why we like it: There is a swing-low support Take Profit: 1972.42 Why...
GBPUSD is falling towards a pullback support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.27510 Why we like it: There is a pullback support that aligns above to the 78.6% Fibonacci retracement level Stop Loss: 1.25998 Why we like it: There is a swing-low support Take Profit: 1.29923 Why we like...
EURUSD is falling towards an overlap support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.09434 Why we like it: There is an overlap support that aligns close to the 78.6% Fibonacci retracement level Stop Loss: 1.08352 Why we like it: There is an overlap support that aligns under the -27.2%...