Ethereum - 24h expiry - We look to Sell at 1915 (stop at 1955) We look to trade the current range. 1920 continues to hold back the bulls. Preferred trade is to sell into rallies. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move higher. Our profit targets will be 1815 and 1795...
NZDJPY - 24h expiry - We look to Sell at 88.25 (stop at 88.75) Broken out of the wedge to the downside. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 87.50 will confirm the bearish momentum. Short term RSI has turned negative. Our profit targets will be 87.05 and 86.85 Resistance: 88.00 / 88.25...
New York Times Co - 30d expiry - We look to Buy at 38.73 (stop at 37.53) 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: 39.83 / 40.47 / 40.73 Support: 39.00 / 38.00 / 37.50 Please...
Pfizer - Medium Term - We look to Sell at 39.88 (stop at 41.08) Bespoke resistance is located at 40. 40.14 has been pivotal. 40.37 has been pivotal. Daily signals are bearish. We look for a temporary move higher. Our profit targets will be 37.08 and 36.58 Resistance: 37.05 / 38.30 / 39.00 Support: 36.03 / 35.50 / 35.00 Please be advised that the...
Litecoin - 24h expiry - We look to Sell a break of 83.88 (stop at 86.28) Short term momentum is bearish. The trend of higher intraday lows has also been broken. A break of the recent low at 84.18 should result in a further move lower. We look for losses to be extended today. Expect trading to remain mixed and volatile. Our profit targets will be 77.88 and...
HS50 - 24h expiry - We look to Sell at 19220 (stop at 19405) Price action looks to be forming a top. The 200 day moving average should provide resistance at 19235. This is negative for sentiment and the downtrend has potential to return. Preferred trade is to sell into rallies. Further downside is expected although we prefer to sell into rallies close to the...
EURGBP is rising towards a key overlap resistance and could potentially reverse from here. We could see price move down to our take profit target. Entry: 0.86283 Why we like it: There is an overlap resistance that sits under the 61.8% Fibonacci retracement level Stop Loss: 0.86693 Why we like it: There is an overlap resistance that sits under the 78.6% Fibonacci...
Gold (XAUUSD) has bounced off a key overlap support and could potentially move higher from here. We could see price bounce up to our take profit target. Entry: 1911.16 Why we like it: There is an overlap support Stop Loss: 1894.25 Why we like it: There is an overlap support that sits under the 61.8% Fibonacci projection level Take Profit: 1932.90 Why we like...
NAS100 could fall towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 14673.95 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 14249.75 Why we like it: There is an overlap support that sits under the 38.2% Fibonacci...
BTCUSD is falling towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 29883.99 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 28332.27 Why we like it: There is an overlap support that sits above the 50.0% Fibonacci...
NZDUSD - 24h expiry - We look to Sell a break of 0.6150 (stop at 0.6180) Trend line resistance is located at 0.6175. We expect a reversal in this move. A move through 0.6150 will confirm the bearish momentum. Short term RSI has turned negative. The measured move target is 0.6075. Our profit targets will be 0.6075 and 0.6050 Resistance: 0.6175 / 0.6200 /...
XRP - 24h expiry - We look to Sell at 0.4989 (stop at 0.5089) Bespoke resistance is located at 0.5000. The medium term bias is neutral. We look for a temporary move higher. Trading has been mixed and volatile. Preferred trade is to sell into rallies. Our profit targets will be 0.4739 and 0.4709 Resistance: 0.4820 / 0.4920 / 0.5000 Support: 0.4760 /...
Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33) 150 continues to hold back the bears. We look to buy dips. 149.91 has been pivotal. 149.74 has been pivotal. This is currently an actively traded stock. Our profit targets will be 160.33 and 162.33 Resistance: 155.00 / 157.00 / 160.77 Support: 152.00 / 149.74 / 148.00 Please...
SP500 is falling towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 4320.26 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 4267.64 Why we like it: There is an overlap support that aligns under the 50.0% Fibonacci...
AUDJPY is pulling back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 95.697 Why we like it: There is an overlap support Stop Loss: 95.025 Why we like it: There is an overlap support that aligns close to the 38.2% Fibonacci retracement level and -27.2% Fibonacci expansion...
USDJPY could pull back towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 143.071 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 142.310 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
XAUUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price move down to our take profit target. Entry: 1939.27 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 1954.65 Why we like it: There is an overlap resistance that aligns with the 78.6%...
Starbucks - 30d expiry - We look to Buy at 97.62 (stop at 94.94) The primary trend remains bullish. 97 continues to hold back the bears. Bespoke support is located at 97.50. 96.17 has been pivotal. Offers ample risk/reward to buy at the market. The daily chart technicals suggests further downside before the uptrend returns. Our profit targets will be...