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: 135.297 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 134.719 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
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: 0.89133 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 0.88679 Why we like it: There is an overlap support Take Profit: 0.89868 Why we like it: There is an...
EURUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.09092 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1.09479 Why we like it: There is an overlap resistance that aligns close to the 38.2% Fibonacci...
Ethereum - 24h expiry - We look to Buy at 1811 (stop at 1761) Prices have reacted from 1738. Daily signals are mildly bullish. Previous resistance at 1800 now becomes support. We look to buy dips. Support is located at 1800 and should stem dips to this area. Our profit targets will be 1931 and 1951 Resistance: 1833 / 1860 / 1880 Support: 1805 / 1785 /...
American Airlines - 30d expiry - We look to Buy at 13.54 (stop at 12.94) A bullish reverse Head and Shoulders is forming. 13.36 has been pivotal. Expect trading to remain mixed and volatile. Bespoke support is located at 13.50. We look to buy dips. Our profit targets will be 15.04 and 15.34 Resistance: 14.30 / 14.76 / 15.00 Support: 14.00 / 13.87 /...
XCUUSD - 24he expiry - We look to Sell at 3.828 (stop at 3.868) Our bespoke support of 3.820 has been clearly broken. Our short term bias remains negative. Previous support, now becomes resistance at 3.820. Preferred trade is to sell into rallies. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 3.728 and 3.708...
XAUUSD is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 2027.872 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement Stop Loss: 2048.245 Why we like it: There is a recent swing-high resistance Take Profit: 2005.395 Why we...
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: 71.202 Why we like it: There is an overlap resistance Stop Loss: 73.981 Why we like it: There is an overlap resistance Take Profit: 67.514 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
GER30 is close to a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 16007.70 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 16109.20 Why we like it: There is an overlap resistance that aligns with the 127.20% Fibonacci extension Take Profit: 15707.45 Why...
DXY 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: 102.071 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement Stop Loss: 101.663 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183) Our short term bias remains negative. 0.4056 has been pivotal. The bias is to break to the downside. We look for losses to be extended today. Daily signals are mildly bearish. Our profit targets will be 0.3728 and 0.3668 Resistance: 0.4350 / 0.4415 / 0.4450 Support: 0.4200 / 0.4095 /...
Visa - 30d expiry The primary trend remains bullish. This is curremtly an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. We look to Buy a break of 236.11 (stop at 231.38) Our...
USDJPY could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 135.271 Why we like it: There is an overlap resistance Stop Loss: 136.908 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Take Profit: 133.596 Why we like it: There is an...
US500 could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 4159.10 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Stop Loss: 4186.60 Why we like it: There is a swing-high resistance Take Profit: 4107.30 Why we like it: There is an...
AUDUSD 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: 0.66682 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 0.66423 Why we like it: There is an overlap support Take Profit: 0.67513 Why we like it: There is an...
USDCAD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 1.35276 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement Stop Loss: 1.36364 Why we like it: There is an overlap resistance close to the recent swing-high Take Profit:...
Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833) Short term bias has turned negative. Posted a Double Bottom formation. A break of yesterdays low would confirm bearish momentum. Short term momentum is bearish. Short term RSI is moving lower. Our profit targets will be 1663 and 1643 Resistance: 1840 / 1860 / 1880 Support: 1815 / 1785...
Live Nation Entertainment - 30d expiry - We look to Sell a break of 73.58 (stop at 76.58) The primary trend remains bearish. We have a Gap open at 5/5/2023 from 67.07 to 74.19. A higher correction is expected. The bias is to break to the downside. Trading has been mixed and volatile. Our profit targets will be 66.08 and 64.08 Resistance: 79 / 81 /...