NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.36) Previous support located at 84.50. Previous resistance located at 85.00. Broken out of the channel formation to the downside. Reverse trend line resistance comes in at 85.50. Further downside is expected although we prefer to sell into rallies close to the 85.00 level. Our profit targets will...
Berkshire Hathaway B - 30d expiry - We look to Buy at 319.21 (stop at 314.21) Price action continued to range between key support & resistance (320 - 330) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. This is currently an actively traded stock. Support is located at 320 and should stem...
Litecoin - 24h expiry - We look to Buy at 89.11 (stop at 86.11) Previous resistance at 89.00 now becomes support. Support is located at 89.00 and should stem dips to this area. Short term oscillators have turned negative. Short term bias has turned positive. 50 4hour EMA is at 89.09. Expect trading to remain mixed and volatile. Our profit targets will be...
GBPUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.23996 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1.24665 Why we like it: There is an overlap resistance Take Profit: 1.23081 Why we like it: There...
BTCUSD is close to a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 24479.49 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 26786.35 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Take...
USOUSD 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: 69.435 Why we like it: There is an overlap support Stop Loss: 67.454 Why we like it: There is an overlap support Take Profit: 73.466 Why we like it: There is an overlap resistance that aligns close to the 50.0%...
XAUUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1956.62 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1972.63 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci...
CHN50 - 24h expiry - We look to Sell at 12650 (stop at 12730) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move...
Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term indicators have turned positive. We look for gains to be extended today. A break of the recent high at 1925 should result in a further move higher. Our profit targets will be...
New York Times Co - 30d expiry - We look to Sell a break of 35.19 (stop at 36.39) Short term bias has turned negative. Trading has been mixed and volatile. Trading within a Corrective Channel formation. Price action is forming a bearish flag which has a bias to break to the downside. 35.29 has been pivotal. A break of the recent low at 35.29 should result...
USDCHF 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: 0.90052 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 0.89545 Why we like it: There is an overlap support Take Profit: 0.90932 Why we like it: There is an...
NZDUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 0.60845 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Stop Loss: 0.61171 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci...
EURUSD could approach a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.07601 Why we like it: There is an overlap resistance Stop Loss: 1.07919 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement Take Profit: 1.07018 Why we like it: There is a...
USDJPY 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: 139.297 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 138.174 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38) Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon. The primary trend remains bullish. We look to buy dips. Short term momentum is bearish. We look for a temporary move lower. Our profit targets will be 512.88 and...
XRP - 24h expiry - We look to Buy at 0.4531 (stop at 0.4431) Short term bias has turned positive. Previous resistance at 0.4530 now becomes support. A lower correction is expected. We look to buy dips. 50 4hour EMA is at 0.4536. Our profit targets will be 0.4781 and 0.4831 Resistance: 0.4650 / 0.4700 / 0.4750 Support: 0.4580 / 0.4530 / 0.4500 Please be...
USDCAD 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: 1.36200 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 1.35906 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...
USDJPY 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: 138.710 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement Stop Loss: 137.702 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci...