CHN50 - 24h expiry - We look to Sell at 12720 (stop at 12805)
Buying pressure from 12375 resulted in prices rejecting the dip.
The current move higher is expected to continue.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Preferred trade is to sell into rallies.
Previous resistance located at 12733.
Our profit targets...
BTCUSD is falling towards a key support and could 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 aligns above the 50.0% Fibonacci...
Gold (XAUUSD) is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1933.40
Why we like it:
There is an overlap resistance that aligns above the 50.0% Fibonacci retracement level
Stop Loss: 1952.70
Why we like it:
There is a pullback resistance that aligns with the 78.6%...
AUDUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.66129
Why we like it:
There is a pullback support at the recent swing-low
Stop Loss: 0.65801
Why we like it:
There is an overlap support
Take Profit: 0.67008
Why we like it:
There is a pullback resistance at the...
EURUSD is rising towards a key pullback resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.10011
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci retracement level
Stop Loss: 1.10827
Why we like it:
There is a swing-high resistance
Take Profit: 1.09181
Why we...
Snap - 30d expiry - We look to Sell at 12.59 (stop at 13.59)
13 continues to hold back the bulls.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
We are trading at oversold extremes.
We look for a temporary move higher.
12.94 has been pivotal.
In our opinion this stock is overvalued.
Our profit targets will be 10.09 and 9.59...
Litecoin - 24h expiry - We look to Buy at 90.51 (stop at 86.51)
Trend line support is located at 90.40.
We look to buy dips.
Short term bias is bearish.
Prices expected to stall near trend line support.
Daily signals are bullish.
Our profit targets will be 100.51 and 102.51
Resistance: 98.00 / 100.00 / 103.50
Support: 94.14 / 91.50 / 90.00
Please be...
EURUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.09180
Why we like it:
There is an overlap resistance
Stop Loss: 1.09653
Why we like it:
There is an overlap resistance
Take Profit: 1.08444
Why we like it:
There is an overlap support
Please be advised that...
USDCHF is falling towards a key overlap support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.89198
Why we like it:
There is an overlap support
Stop Loss: 0.88885
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement level and 127.2% Fibonacci projection...
BTCUSD is falling towards a key overlap support and could 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 aligns above the 50.0% Fibonacci...
Gold (XAUUSD) is very close to a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1912.95
Why we like it:
There is an overlap resistance
Stop Loss: 1932.05
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Take Profit: 1892.99
Why we...
GameStop - 30d expiry - We look to Buy at 21.71 (stop at 20.21)
Short term momentum is bearish.
Prices expected to stall near trend line support.
Trend line support is located at 21.70. We look to buy dips.
We look for a temporary move higher.
This is currently an actively traded stock.
Our profit targets will be 25.21 and 25.71
Resistance: 24.00 / 25.00...
NZDUSD - 24h expiry - We look to Sell at 0.6175 (stop at 0.6205)
The current move lower is expected to continue.
Risk/Reward would be poor to call a sell from current levels.
The RSI is trending lower.
A move through 0.61225 will confirm the bearish momentum.
The measured move target is 0.6090.
Our profit targets will be 0.6105 and 0.6090
Resistance:...
NIK225 - 24h expiry - We look to Sell a break of 32298 (stop at 32548)
Selling pressure dominated price action yesterday and we expect this to continue today.
Previous support located at 32303.
With the Ichimoku cloud resistance above we expect gains to be limited.
Further downside is expected, however, due to the strong support below we prefer to sell a...
USOUSD is rising towards a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 72.782
Why we like it:
There is an overlap resistance that aligns with the 100.0% Fibonacci projection level
Stop Loss: 74.377
Why we like it:
There is an overlap resistance that aligns with the 127.2%...
USDCAD is rising towards a key overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.33191
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 1.33898
Why we like it:
There is an overlap resistance that aligns with the 50.0%...
AUDUSD is falling towards a key overlap support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.66286
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement level
Stop Loss: 0.65945
Why we like it:
There is an overlap support
Take Profit: 0.66955
Why we like...
GBPUSD is falling towards a key overlap support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.26734
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 1.26062
Why we like it:
There is a swing-low support that aligns with the 50.0% Fibonacci...
