DXY is rising towards an overhead resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 102.865
Why we like it:
There is an overlap resistance
Stop Loss: 103.437
Why we like it:
There is an overlap resistance
Take Profit: 101.921
Why we like it:
There is an overlap support that aligns close to the 38.2%...
SP500 could fall towards a pullback support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 4478.82
Why we like it:
There is a pullback support that aligns close to the 61.8% Fibonacci retracement level
Stop Loss: 4438.54
Why we like it:
There is a pullback support that aligns close to the 78.6% Fibonacci...
Bitcoin (BTCUSD) could fall towards an overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 28861.23
Why we like it:
There is an overlap support
Stop Loss: 28186.52
Why we like it:
There is a pullback support that aligns close to the 50.0% Fibonacci retracement level
Take Profit: 29578.79
Why we like...
USOUSD has broken an intermediate support level that aligns with the 38.2% Fibonacci retracement level and is approaching an ascending trendline. Price could potentially break below this trendline which could trigger further downward movement towards our take profit target.
Entry: 81.169
Why we like it:
Wait for bearish confirmation after price breaks through the...
EURAUD - 24h expiry - We look to Buy at 1.6700 (stop at 1.6650)
Price continues to trade within the triangle formation.
The bias is to break to the upside.
Risk/Reward would be poor to call a buy from current levels.
Short term RSI has turned positive.
A move through 1.6750 will confirm the bullish momentum.
Our profit targets will be 1.6825 and 1.6850...
XRP - 24h expiry - We look to Sell a break of 0.5988 (stop at 0.6488)
There is no clear indication that the downward move is coming to an end.
A break of bespoke support at 0.6000, and the move lower is already underway.
Our short term bias remains negative.
The bias is to break to the downside.
We are trading at overbought extremes.
Our profit targets...
Bristol-Myers Squibb Co - 30d expiry - We look to Sell at 62.98 (stop at 65.08)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
We look for a temporary move higher.
Previous support at 63 now becomes resistance.
50 1 day EMA is at 63.70.
Our profit...
USDCAD is trading close to an overlap resistance. Price could hit the sell entry and potentially reverse from this level to drop lower towards our take profit target.
Entry: 1.33870
Why we like it:
There is an overlap resistance
Stop Loss: 1.34675
Why we like it:
There is a resistance level that aligns with the 127.2%% Fibonacci extension level
Take Profit:...
Gold (XAUUSD) is falling towards an overlap support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1932.05
Why we like it:
There is an overlap support that aligns close to the 61.8% Fibonacci retracement level
Stop Loss: 1910.84
Why we like it:
There is an overlap support that aligns under the 78.6%...
GBPUSD is falling towards a recent swing-low and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.26726
Why we like it:
There is a recent swing-low support that aligns with the 61.8% Fibonacci retracement level
Stop Loss: 1.26066
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci...
EURUSD is falling towards an overlap support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.09180
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement level
Stop Loss: 1.08388
Why we like it:
There is an overlap support
Take Profit: 1.10422
Why we like...
Litecoin - 24h expiry - We look to Sell at 87.88 (stop at 90.88)
Previous support level of 88 broken.
Previous support at 88 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 80.88 and 78.88
Resistance: 83.00 / 85.50 / 88.00
Support: 82.20 / 80.80 /...
New York Times Co - 30d expiry - We look to Buy at 39.03 (stop at 37.83)
Daily signals are bullish.
Previous support located at 39.
We look to buy dips.
Broken out of the channel formation to the upside.
Dip buying offers good risk/reward.
Our profit targets will be 41.73 and 42.23
Resistance: 41.00 / 42.00 / 42.87
Support: 39.00 / 38.00 / 37.50
Please...
Price is bouncing off a key support level, which is a major swing low support level, hence we could see the momentum carry price up to its take profit target.
Entry:
Why we like it: 0.6062
There is a major support key level for a potential bullish reversal.
Stop Loss: 0.5987
Why we like it:
There is a swing low support.
Take Profit: 0.6132
Why we like...
Price is approaching a multi-swing high resistance level, and it aligns with the 50% Fibonacci Retracement level, which could cause price to reverse from here to our take profit target.
Entry: 1.3385
Why we like it:
There is a 50% Fibonacci Retracement and a multi-swing high resistance.
Stop Loss: 1.3446
Why we like it:
There is a pullback resistance.
Take...
GBP could potentially react off overlap resistance level and we could see price fall to 1st support level
Entry: 1.27464
Why we like it:
There is an overlap resistance that aligns with the 50% Fibonacci retracement level
Stop Loss:1.28118
Why we like it:
There is an overlap resistance
Take Profit: 1.2651
Why we like it:
There is a support level
Please be...
EURUSD could potentially react off overlap resistance level and we could see price fall to 1st support level
Entry: 1.09570
Why we like it:
There is an overlap resistance that aligns with the 50% Fibonacci retracement level
Stop Loss:1.1035
Why we like it:
There is an overlap resistance
Take Profit: 1.0874
Why we like it:
There is a support level
Please be...
Oracle - 30d expiry - We look to Sell a break of 112.98 (stop at 118.98)
Daily signals for sentiment are at overbought extremes.
Trades with a bearish descending triangle formation.
113.43 has been pivotal.
A break of the recent low at 113.43 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 98.98 and...
