Litecoin - 24h expiry - We look to Buy a break of 91.11 (stop at 89.11)
The bullish engulfing candle on the 4-hour chart the positive for sentiment.
Expect trading to remain mixed and volatile.
The bias is to break to the upside.
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
Our profit targets will be 96.11...
EURGBP could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 0.86309
Why we like it:
There is an overlap resistance just below the 23.6% Fibonacci retracement level
Stop Loss: 0.86695
Why we like it:
There is an overlap resistance
Take Profit: 0.85769
Why we like it:
There is an...
DXY 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: 103.855
Why we like it:
There is an overlap support that aligns just above the 61.8% Fibonacci retracement level
Stop Loss: 103.369
Why we like it:
There is an overlap support that aligns just above the 38.2%...
CADJPY could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 104.201
Why we like it:
There is an overlap support
Stop Loss: 103.555
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement level
Take Profit: 104.869
Why we like it:
There is...
AUDJPY could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 92.681
Why we like it:
There is an overlap support just below the 23.6% Fibonacci retracement level
Stop Loss: 92.303
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement...
HS50 - 24h expiry - We look to Sell at 19469 (stop at 19619)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Price action looks to be forming a top.
The 200 day moving average should provide resistance at 19458.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels...
HP Inc - 30d expiry - We look to Buy at 28.36 (stop at 27.16)
Price action has formed a bullish ascending triangle formation.
The sequence for trading is higher highs and lows.
Trend line support is located at 28.30.
Previous resistance at 28.50 now becomes support.
A lower correction is expected. We look to buy dips.
Our profit targets will be 31.36 and...
DAX40 could break out of an overlap support to climb higher. Wait for a confirmation signal for price to pull back towards the buy entry
before momentum could carry price up to our take profit target.
Entry: 16085.02
Why we like it:
There is an overlap resistance
Stop Loss: 15914.07
Why we like it:
There is an overlap support that sits below the 38.2% Fibonacci...
USDCAD formed a recent swing-low and has reversed from here. We could see momentum carry price up to our take profit target.
Entry: 1.33898
Why we like it:
There is a recent swing-low support
Stop Loss: 1.33230
Why we like it:
There is an overlap support that sits below the 127.2% Fibonacci extension level
Take Profit: 1.34615
Why we like it:
There is an...
USDCHF could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.90352
Why we like it:
There is an overlap support just above the 38.2% Fibonacci retracement level
Stop Loss: 0.89829
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement...
GBPUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.24585
Why we like it:
There is an overlap resistance
Stop Loss: 1.25465
Why we like it:
There is an overlap resistance that sits above the 61.8% Fibonacci retracement level
Take Profit: 1.23495
Why we like it:
There is...
Gold (XAUUSD) could approach 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: 1953.51
Why we like...
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 aligns close to 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...
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...
EURUSD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.06379
Why we like it:
There is a recent swing-low support
Stop Loss: 1.05383
Why we like it:
There is an overlap support that sits below the 161.8% Fibonacci projection level
Take Profit: 1.07363
Why we like...
Ethereum - 24h expiry - We look to Sell at 1904 (stop at 1954)
1905 continues to hold back the bulls.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to trade the current range.
Our...
NZDUSD - 24h expiry - We look to Buy a break of 0.6100 (stop at 0.6064)
Previous support located at 0.6050.
Previous resistance located at 0.6100.
A bullish reverse Head and Shoulders is forming.
A move through 0.6100 will confirm the bullish momentum.
The RSI is trending higher.
Our profit targets will be 0.6190 and 0.6215
Resistance: 0.6100 / 0.6150 /...
JPMorgan Chase - 30d expiry - We look to Buy at 134.65 (stop at 131.65)
We look to trade the current range.
This is currently an actively traded stock.
This stock has seen good sales growth.
The primary trend remains bullish.
Bespoke support is located at 134.50.
Our profit targets will be 142.15 and 144.15
Resistance: 141.50 / 143.37 / 144.34
Support:...
