AUDUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 0.68217
Why we like it:
There is an overlap resistance
Stop Loss: 0.68681
Why we like it:
There is an overlap resistance
Take Profit: 0.67509
Why we like it:
There is an overlap support
Please be advised that the...
GBPUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.26084
Why we like it:
There is an overlap resistance that sits just above the 78.6% Fibonacci retracement level
Stop Loss: 1.26809
Why we like it:
There is a swing-high resistance on 10th May
Take Profit: 1.25334
Why...
XAUUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1980.57
Why we like it:
There is an overlap resistance
Stop Loss: 2003.91
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement level
Take Profit: 1953.80
Why we like it:
There...
Visa - 30d expiry - We look to Buy a break of 236.11 (stop at 230.38)
The primary trend remains bullish.
This is currently an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our...
GBPNZD - 24h expiry - We look to Buy at 2.0415 (stop at 2.0365)
Previous support located at 2.0400.
Previous resistance located at 2.0500.
Price continues to trade within the triangle formation.
We expect a reversal in this move.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending....
Ethereum - 24h expiry - We look to Buy at 1722 (stop at 1672)
We are trading at oversold extremes.
Support is located at 1720 and should stem dips to this area.
Bullish divergence is expected to support prices.
Expect trading to remain mixed and volatile.
The move lower is mixed and volatile, common in corrective sequences.
Our profit targets will be 1842...
EURUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.08472
Why we like it:
There is an overlap support that sits just below the 50.0% Fibonacci retracement level
Stop Loss:1.09092
Why we like it:
There is an overlap resistance that sits just below the 61.8% Fibonacci...
USDJPY is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 138.747
Why we like it:
There is an overlap support
Stop Loss: 137.731
Why we like it:
There is an overlap support that sits below the 38.2% Fibonacci retracement level
Take Profit: 140.228
Why we like it:
There is an...
USDCHF could fall towards a key support level and potentially bounce from here. We could see price move up to our take profit target.
Entry: 0.89812
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.89540
Why we like it:
There is an overlap support that sits just above the 61.8% Fibonacci retracement...
DXY could break through a key support level and potentially drop lower from here. We could see price move down to our take profit target. Wait for breakout confirmation prior to entering the trade
Entry: 103.287
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 103.637
Why we like it:
There is an...
Ethereum - 24h expiry - We look to Sell at 1858 (stop at 1898)
We look to trade the current range.
Trading between support at 1830 and resistance at 1860.
Daily momentum has stalled and our bias is now neutral.
Previous support at 1860 now becomes resistance.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail....
United Airlines Holdings - Medium Term - We look to Buy at 48.32 (stop at 45.98)
Trading within a Bullish Channel formation.
Trend line support is located at 48.30.
Previous resistance at 48.00 now becomes support.
Previous support located at 48.00.
We look to buy dips.
47.77 has been pivotal.
Our profit targets will be 53.82 and 54.82
Resistance: 50.90...
NZDUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 0.61118
Why we like it:
There is an overlap resistance that sits above the 38.2% Fibonacci retracement level
Stop Loss: 0.61851
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci...
BTCUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 27492.78
Why we like it:
There is an overlap resistance
Stop Loss: 28191.24
Why we like it:
There is an overlap resistance
Take Profit: 26219.55
Why we like it:
There is an overlap support
Please be advised that the...
Gold could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1986.52
Why we like it:
There is an overlap resistance just below the 50.0% Fibonacci retracement level
Stop Loss: 2002.65
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement...
USOILSPOT 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: 69.325
Why we like it:
There is an overlap support
Stop Loss: 67.163
Why we like it:
There is an overlap support
Take Profit: 73.294
Why we like it:
There is an overlap resistance
Please be advised that the...
Nike - 30d expiry - We look to Buy a break of 109.31 (stop at 105.31)
The primary trend remains bullish.
This is currently an actively traded stock.
The stock is expected to outperform in its sector.
We are trading at oversold extremes.
Prices have reacted from 102.90.
The bias is to break to the upside.
Our profit targets will be 119.31 and 121.31...
EURAUD - 24h expiry - We look to Sell at 1.6090 (stop at 1.6140)
Current prices have reacted from a low of 1.5978, however, we expect further losses to follow.
Previous resistance located at 1.6050.
There is no clear indication that the downward move is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current...
