USDCAD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.34708
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement
Stop Loss: 1.35333
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci...
XAUUSD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1934.22
Why we like it:
There is an overlap support that aligns with the 100.0% Fibonacci projection
Stop Loss: 1914.37
Why we like it:
There is an overlap support thataligns with the 127.2% Fibonacci projection
Take...
ETHUSD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1843.72
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1783.63
Why we like it:
There is an overlap support
Take Profit: 1912.79
Why we like it:
There is an...
EURUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.07132
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement
Stop Loss: 1.07360
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci...
CIGNA CORPORATION - 30d expiry - We look to Buy a break of 270.11 (stop at 260.11)
The primary trend remains bullish.
Posted a Double Bottom formation.
A break of the recent high at 269.36 should result in a further move higher.
This stock has seen good sales growth.
The bias is to break to the upside.
Our profit targets will be 295.11 and 300.11...
Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 93.51)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Short term momentum is bullish.
Our profit targets will be 100.51 and 101.51...
XRP - 24h expiry - We look to Sell at 0.5214 (stop at 0.5314)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Broke the sequence of 5 positive daily performances.
Rallies should be capped by yesterday's high.
Our profit targets will be 0.4964 and...
NORTHERN OIL AND GAS - 30d expiry - We look to Sell a break of 29.48 (stop at 31.02)
Short term bias has turned negative.
There is no clear indication that the downward move is coming to an end.
The bias is to break to the downside.
A break of the recent low at 29.57 should result in a further move lower.
A sequence of daily lower lows and highs has been...
USDCAD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.35229
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
Stop Loss: 1.31697
Why we like it:
There is an overlap support
Take Profit: 1.36503
Why we like it:
There is an...
GBPUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.24681
Why we like it:
There is an overlap resistance that sits just above the 38.2% Fibonacci retracement
Stop Loss: 1.25323
Why we like it:
There is an overlap resistance
Take Profit: 1.23495
Why we like...
AUDUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 0.65443
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 0.65801
Why we like it:
There is an overlap support
Take Profit: 0.64582
Why we like it:
There is an...
NAS100 is rising towards our buy entry and potentially break out to the upside from here. We could see momentum carry price up to our take profit target.
Entry: 14332.95
Why we like it:
Confirmation of bullish breakout
Stop Loss: 14227.50
Why we like it:
There is an overlap support
Take Profit: 14541.40
Why we like it:
There is a recent swing-high
Please be...
NZDJPY - 24h expiry - We look to Sell at 84.50 (stop at 84.90)
Previous support located at 83.50.
Previous resistance located at 84.00.
Broken out of the channel formation to the downside.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 83.50 and 83.25
Resistance: 84.00 / 84.50 /...
Litecoin - 24h expiry - We look to Sell a break of 87.98 (stop at 90.02)
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
The medium term bias is neutral.
Short term momentum is bearish.
A break of the recent low at 88.06 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be...
USDCHF is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.91415
Why we like it:
There is an overlap resistance
Stop Loss: 0.92095
Why we like it:
There is an overlap resistance
Take Profit: 0.90287
Why we like it:
There is an overlap support
Please be advised that the...
DAX40 could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 15709.05
Why we like it:
There is an overlap support
Stop Loss: 15503.45
Why we like it:
There is an overlap support just beyond the -27.2% Fibonacci expansion
Take Profit: 16021.35
Why we like it:
There is an overlap...
ETHUSD is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1843.72
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1783.63
Why we like it:
There is an overlap support
Take Profit: 1912.79
Why we like it:
There is an...
SP500 is approaching a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 4176.92
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 4152.69
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement
Take...
