BTCUSD could fall towards a key support level and potentially move higher from here. We could see price bounce up to our take profit target. Entry: 26463.89 Why we like it: There is an overlap support Stop Loss: 25806.24 Why we like it: There is a recent swing-low Take Profit: 28300.52 Why we like it: There is an overlap resistance that aligns with the 61.8%...
OKTA - 30d - We look to Buy a break of 88.08 (stop at 80.89) The sequence for trading is higher highs and lows. Daily signals are bullish. A break of the recent high at 87.88 should result in a further move higher. Our outlook is bullish. This stock has seen good sales growth. Our profit targets will be 105.48 and 108.48 Resistance: 82.50 / 86.50 /...
Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105) Trend line resistance is located at 28600. The bullish engulfing candle on the 4 hour chart the positive for sentiment. Prices expected to stall near trend line resistance. We look for a temporary move higher. A sequence of daily lower lows and highs has been posted. Our profit targets will be...
AUDUSD has bounced off a key support level and could potentially move higher from here. We could see price bounce up to our take profit target. Entry: 0.66332 Why we like it: There is an overlap support close to the 78.6% Fibonacci retracement Stop Loss: 0.65897 Why we like it: There is an overlap support Take Profit: 0.67062 Why we like it: There is an overlap...
USOUSD (WTI) is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 73.683 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 75.582 Why we like it: There is an overlap resistance close to the 61.8% Fibonacci...
GBPUSD 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: 1.24215 Why we like it: There is an overlap support at the recent swing-low Stop Loss: 1.23776 Why we like it: There is an overlap support Take Profit: 1.25321 Why we like it: There is an overlap resistance close...
DXY is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 103.107 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 103.484 Why we like it: There is an overlap resistance Take Profit: 102.319 Why we like it: There is an overlap support that...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15) Daily signals are mildly bearish. Trading has been mixed and volatile. 40.43 has been pivotal. The bias is to break to the downside. A break of the recent low at 40.43 should result in a further move lower. The medium term bias is neutral. Our profit targets will be...
CHN50 - 24h expiry - We look to Buy at 12845 (stop at 12755) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous support located at 12830. The hourly chart technicals suggests further downside before the uptrend returns. Indecisive price action has resulted in sideways congestion on the intraday...
XRP - 24h expiry - We look to Sell a break of 0.4388 (stop at 0.4508) We are trading at overbought extremes. A higher correction is expected. A sequence of daily lower lows and highs has been posted. The bearish engulfing candle on the 4 hour chart is negative for sentiment. The bias is to break to the downside. Previous support located at 0.4100. Our...
NZDUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 0.62605 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement Stop Loss: 0.63110 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci...
EURUSD 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: 1.07928 Why we like it: There is an overlap support Stop Loss: 1.07492 Why we like it: There is an overlap support Take Profit: 1.08472 Why we like it: There is an overlap resistance Please be advised that the...
WTI could fall towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 69.461 Why we like it: There is an overlap support Stop Loss: 67.344 Why we like it: There is an overlap support at the recent swing-low Take Profit: 73.551 Why we like it: There is an overlap resistance Please be...
USDCAD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.35818 Why we like it: There is an overlap resistance that aligns close to the 78.6% Fibonacci retracement Stop Loss: 1.36604 Why we like it: There is an overlap resistance Take Profit: 1.34064 Why we like it: There...
WTI could fall towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 69.407 Why we like it: There is an overlap support Stop Loss: 67.514 Why we like it: There is an overlap support at the recent swing-low Take Profit: 73.270 Why we like it: There is an overlap resistance Please be...
Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926) A sequence of daily lower lows and highs has been posted. Previous resistance located at 1880. The previous swing high is located at 1885. 1886 has been pivotal. Preferred trade is to sell into rallies. Our profit targets will be 1756 and 1736 Resistance: 1835 / 1860 / 1880 Support: 1800 /...
Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98) Daily signals are mildly bearish. Previous support at 39 now becomes resistance. This stock has seen poor sales growth. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Our profit targets will be 33.98 and 32.98...
ETHUSD could fall towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1783.63 Why we like it: There is an overlap support Stop Loss: 1753.73 Why we like it: There is an overlap support Take Profit: 1843.72 Why we like it: There is an overlap resistance that aligns with the 38.2%...