XRP - Intraday - We look to Sell a break of 0.4968 (stop at 0.5168) There is no clear indication that the downward move is coming to an end. A break of the recent low at 0.4970 should result in a further move lower. Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days. Daily signals are bearish. The lack of...
USDJPY could fall towards a pullback support level and potentially reverse from here to bounce higher towards our take profit target. Entry: 145.724 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 144.537 Why we like it: There is a swing-low support Take Profit: 147.238 Why we like it: There is...
Gold (XAUUSD) is rising towards a swing-high resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1948.69 Why we like it: There is a swing-high resistance Stop Loss: 1961.18 Why we like it: There is a pullback resistance that aligns above the 78.6% Fibonacci retracement level Take Profit: 1934.47 Why we like...
GBPJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 183.504 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 181.414 Why we like it: There is a pullback support that sits under the 78.6% Fibonacci retracement...
USDCAD is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 1.35019 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 1.34448 Why we like it: There is an overlap support that sits under the 38.2% Fibonacci retracement...
Dropbox - 30d expiry - We look to Buy a break of 28.82 (stop at 27.57) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. 28.68 has been pivotal. The bias is to break to the upside. The sequence for trading is higher highs and lows. Our profit targets will be 31.82 and 32.42 Resistance: 28.57 / 29.00 /...
Bitcoin - 24h expiry - We look to Buy a break of 28111 (stop at 27511) Our bespoke resistance of 26750 has been clearly broken. There is no indication that the rally is coming to an end. We look for gains to be extended today. A break of the recent high at 28040 should result in a further move higher. The bias is to break to the upside. Our profit targets...
USOUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 81.826 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 83.778 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci...
Bitcoin (BTCUSD) could fall towards a pullback support level and potentially reverse from here to bounce higher towards our take profit target. Entry: 27213.57 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 26588.59 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci...
EURUSD could fall towards a pullback support level and potentially reverse from here to bounce higher towards our take profit target. Entry: 1.08388 Why we like it: There is a pullback support Stop Loss: 1.07787 Why we like it: There is a swing-low support Take Profit: 1.09180 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci...
GBPUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1.26573 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.27248 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci...
JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.10 should result in a further move...
HS50 - 24h expiry - We look to Buy at 18333 (stop at 18153) Short term bias has turned positive. Previous resistance at 18360 now becomes support. We look to buy dips. 20 4hour EMA is at 18275. We are trading at oversold extremes. Our profit targets will be 18783 and 18883 Resistance: 18706 / 18800 / 19000 Support: 18520 / 18350 / 18150 Please be advised...
EURUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1.08449 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 1.09180 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci...
USDJPY could fall towards an overlap support level and could potentially reverse from here to bounce higher towards our take profit target. Entry: 145.617 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 144.896 Why we like it: There is an overlap support that aligns close to the 78.6% Fibonacci...
AUDUSD is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.64834 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 0.65173 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci...
Gold (XAUUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1930.68 Why we like it: There is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 1943.30 Why we like it: There is an overlap resistance that sits above the 61.8% Fibonacci...
Chevron Corporation - 30d expiry - We look to Buy at 157.22 (stop at 154.02) We look to trade the current range. 156.22 has been pivotal. Support is located at 157 and should stem dips to this area. We look to buy dips. The primary trend remains bullish. Our profit targets will be 165.22 and 167.22 Resistance: 162.00 / 164.25 / 166.00 Support: 159.00 /...