GBPJPY could fall towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 179.479
Why we like it:
There is a pullback support
Stop Loss: 177.752
Why we like it:
There is a support level that aligns with the 38.2% Fibonacci retracement and 100.0% Fibonacci projection levels
Take Profit:...
USDCAD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.32428
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 1.33023
Why we like it:
There is a pullback resistance that sits aligns above the 61.8% Fibonacci...
AUDUSD is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.67996
Why we like it:
There is a pullback support that aligns above the 38.2% Fibonacci retracement level
Stop Loss: 0.67157
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement...
Morgan Stanley - 30d expiry - We look to Buy at 83.75 (stop at 80.75)
Bespoke support is located at 83.00.
A bullish reverse Head and Shoulders has formed.
Further upside is expected although we prefer to set longs at our bespoke support levels at 83.00, resulting in improved risk/reward.
We look to buy dips.
A lower correction is expected.
Our profit...
Bitcoin - 24h expiry - We look to Buy a break of 31818 (stop at 31018)
Short term momentum is bullish.
There is no indication that the rally is coming to an end.
A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended...
XRP could fall towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.6972
Why we like it:
There is a pullback support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.6102
Why we like it:
There is a pullback support that aligns under the 61.8% Fibonacci retracement...
Gold (XAUUSD) is falling towards a key support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1952.70
Why we like it:
There is a pullback support that aligns above the 23.6% Fibonacci retracement level
Stop Loss: 1932.25
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci...
GBPJPY is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 182.045
Why we like it:
There is an overlap resistance that aligns above the 50.0% Fibonacci retracement level
Stop Loss: 183.880
Why we like it:
There is an overlap resistance at the recent swing-high
Take Profit:...
USDJPY is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 138.797
Why we like it:
There is an overlap resistance that aligns under the 23.6% Fibonacci retracement level
Stop Loss: 140.166
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci...
NZDJPY - 24h expiry - We look to Sell at 88.80 (stop at 89.30)
Broken out of the channel formation to the downside.
Further downside is expected.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 88.00 will confirm the bearish momentum....
The Trade Desk - 30d expiry - We look to Buy at 78.11 (stop at 73.11)
The primary trend remains bullish.
Previous resistance at 79.50 now becomes support.
A lower correction is expected.
We look to buy dips.
This stock has seen good sales growth.
The hourly chart technicals suggests further downside before the uptrend returns.
Our profit targets will be...
Bitcoin - 24h expiry - We look to Buy a break of 31515 (stop at 30715)
Short term momentum is bullish.
Prices have reacted from 29456.
Price action continues within the short-term bullish trend channel.
31375 has been pivotal.
A break of the recent high at 31475 should result in a further move higher.
We look for gains to be extended today.
Our profit...
Gold (XAUUSD) could hit a key overlap resistance and potentially reverse from this level. We could see price drop down to our take profit target.
Entry: 1969.58
Why we like it:
There is an overlap resistance
Stop Loss: 1980.57
Why we like it:
There is an overlap resistance
Take Profit: 1952.70
Why we like it:
There is a pullback support
Please be advised that...
USDJPY has hit a key pullback resistance and reversed from this level. We could see price drop down to our take profit target.
Entry: 138.797
Why we like it:
There is a pullback resistance
Stop Loss: 140.166
Why we like it:
There is an overlap resistance that aligns above the 23.6% Fibonacci retracement level
Take Profit: 137.393
Why we like it:
There is a...
AUDUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.68830
Why we like it:
There is a swing-high resistance
Stop Loss: 0.69936
Why we like it:
There is an overlap resistance that aligns with the 127.2% Fibonacci extension level
Take Profit: 0.67931
Why we like...
NZDUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.63881
Why we like it:
There is an overlap resistance that aligns with the 127.2% Fibonacci projection level
Stop Loss: 0.64745
Why we like it:
There is a pullback resistance that aligns with the 161.8% Fibonacci...
JPMorgan Chase - 30d expiry - We look to Buy at 143.33 (stop at 140.33)
The primary trend remains bullish.
This is currently an actively traded stock.
Price action continues to trade around significant highs.
Previous resistance at 144 now becomes support.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 150.83 and...
GBPAUD - Intraday - We look to Sell at 1.9250 (stop at 1.9330)
Price action looks to be forming a top.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
The RSI is trending lower.
A move through 1.9100 will confirm bearish momentum.
Our profit targets will be 1.9050 and 1.9000
Resistance: 1.9200 / 1.9250 /...
