Bitcoin (BTCUSD) could fall towards a pullback support level and potentially reverse from here to bounce higher towards our take profit target. Entry: 27213.57 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 26588.59 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci...
EURUSD could fall towards a pullback support level and potentially reverse from here to bounce higher towards our take profit target. Entry: 1.08388 Why we like it: There is a pullback support Stop Loss: 1.07787 Why we like it: There is a swing-low support Take Profit: 1.09180 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci...
GBPUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1.26573 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.27248 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci...
JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.10 should result in a further move...
HS50 - 24h expiry - We look to Buy at 18333 (stop at 18153) Short term bias has turned positive. Previous resistance at 18360 now becomes support. We look to buy dips. 20 4hour EMA is at 18275. We are trading at oversold extremes. Our profit targets will be 18783 and 18883 Resistance: 18706 / 18800 / 19000 Support: 18520 / 18350 / 18150 Please be advised...
EURUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1.08449 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 1.09180 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci...
USDJPY could fall towards an overlap support level and could potentially reverse from here to bounce higher towards our take profit target. Entry: 145.617 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 144.896 Why we like it: There is an overlap support that aligns close to the 78.6% Fibonacci...
AUDUSD is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.64834 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 0.65173 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci...
Gold (XAUUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1930.68 Why we like it: There is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 1943.30 Why we like it: There is an overlap resistance that sits above the 61.8% Fibonacci...
Chevron Corporation - 30d expiry - We look to Buy at 157.22 (stop at 154.02) We look to trade the current range. 156.22 has been pivotal. Support is located at 157 and should stem dips to this area. We look to buy dips. The primary trend remains bullish. Our profit targets will be 165.22 and 167.22 Resistance: 162.00 / 164.25 / 166.00 Support: 159.00 /...
Litecoin - Intraday - We look to Sell at 66.84 (stop at 69.34) Trading within a Corrective Channel formation. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. Trend line resistance is located at...
CHN50 - 24h expiry - We look to Buy at 12555 (stop at 12435) Price action looks to be forming a bottom. Previous resistance at 12530 now becomes support. 12531 has been pivotal. Support is located at 12530 and should stem dips to this area. Buying posted in Asia. Our profit targets will be 12855 and 12935 Resistance: 12700 / 12850 / 13000 Support: 12600...
AUDJPY is falling towards a pullback support level and could potentially reverse from here to bounce higher towards our take profit target. Entry: 93.305 Why we like it: There is a pullback support Stop Loss: 92.899 Why we like it: There is a pullback support that aligns close to the 78.6% Fibonacci retracement level Take Profit: 94.139 Why we like it: There is...
USOUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 81.826 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 83.778 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci...
USDCHF has hit the buy entry which is a pullback support level and momentum could carry price higher toward our take profit target. Entry: 0.88275 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 0.88141 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci...
The Kiwi (NZD/USD) is falling towards a potential breakout level. Price could drop lower towards our take profit target. Wait for breakout confirmation prior to entering the position Entry: 0.59030 Why we like it: There is a potential breakout level Stop Loss: 0.59581 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement...
NIO - 30d expiry - We look to Sell a break of 10.48 (stop at 11.28) Prices have reacted from 16.18. Short term momentum is bearish. There is no clear indication that the downward move is coming to an end. A break of the recent low at 10.50 should result in a further move lower. In our opinion this stock is overvalued. We look for losses to be extended...
Litecoin - 24h expiry - We look to Sell at 66.46 (stop at 68.96) Trading within a Corrective Channel formation. Price action remained contained in a narrow range yesterday. Trend line resistance is located at 66.50. Prices expected to stall near trend line resistance. We look for a temporary move higher. Our profit targets will be 60.46 and 58.46...