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...
Bitcoin - 24h expiry - We look to Buy at 28812 (stop at 28312)
Prices have reacted from 28600.
Previous support located at 28800.
Daily signals are mildly bullish.
We look to buy dips.
The rally was sold and the dip bought resulting in mild net gains yesterday.
Our profit targets will be 30012 and 30262
Resistance: 29200 / 29500 / 29800
Support: 29000 /...
NZDUSD - 24h expiry - We look to Buy at 0.6050 (stop at 0.6020)
Price action has continued to trend strongly lower and has stalled at the previous support near 0.6050.
Price action looks to be forming a bottom.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.60100 will confirm the bullish...
NIK225 - 24h expiry - We look to Buy at 32105 (stop at 31905)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We are trading at oversold extremes.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Indecisive price action has...
Nike - 30d expiry - We look to Buy at 104.54 (stop at 100.74)
The trend of higher lows is located at 104.50.
The primary trend remains bullish.
This is currently an actively traded stock.
This stock has seen good sales growth.
Dips continue to attract buyers.
Our profit targets will be 114.04 and 116.04
Resistance: 110.85 / 114.76 / 117.00
Support:...
Bitcoin - 24h expiry - We look to Buy at 29111 (stop at 28611)
Daily signals are mildly bullish.
Prices have reacted from 28600.
Price action has posted a Doji candle and signals a possible reversal of the recent trend.
Short term MACD has turned positive.
We look to buy dips.
Our profit targets will be 30311 and 30611
Resistance: 29800 / 30000 /...
USDJPY could fall towards a pullback support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 141.953
Why we like it:
There is a pullback support that aligns under the 23.6% Fibonacci retracement level
Stop Loss: 140.737
Why we like it:
There is a pullback support that aligns close to the 50.0% Fibonacci...
Gold (XAUUSD) 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: 1932.05
Why we like it:
There is an overlap support that aligns close to the 61.8% Fibonacci retracement level
Stop Loss: 1899.32
Why we like it:
There is a swing-low support
Take Profit: 1972.42
Why...
GBPUSD is falling towards a pullback support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.27510
Why we like it:
There is a pullback support that aligns above to the 78.6% Fibonacci retracement level
Stop Loss: 1.25998
Why we like it:
There is a swing-low support
Take Profit: 1.29923
Why we like...
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: 1.09434
Why we like it:
There is an overlap support that aligns close to the 78.6% Fibonacci retracement level
Stop Loss: 1.08352
Why we like it:
There is an overlap support that aligns under the -27.2%...
Cisco Systems - 30d expiry - We look to Buy at 51.21 (stop at 49.21)
The primary trend remains bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A lower correction is expected.
This is currently an actively traded stock.
50 1 day EMA is at 51.10. The sequence for trading is...
GBPAUD - 24h expiry - We look to Sell a break of 1.9265 (stop at 1.9325)
The recent rally looks to have stalled.
We expect a reversal in this move.
Short term RSI has turned negative.
A move through 1.9250 will confirm the bearish momentum.
The measured move target is 1.9125.
Our profit targets will be 1.9115 and 1.9085
Resistance: 1.9300 / 1.9325 /...
Bitcoin - 24h expiry - We look to Sell at 28549 (stop at 28949)
Prices are extending lower from the bearish flag/pennant formation.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Our short term bias remains negative.
The bias is to break to the downside.
Our profit targets will be 27549 and 27149...
Litecoin - 24h expiry - We look to Buy at 91.51 (stop at 89.11)
Trend line support is located at 91.40.
Bespoke support is located at 91.50.
We look to buy dips.
Intraday signals are mildly bullish.
Expect trading to remain mixed and volatile.
Our profit targets will be 97.51 and 98.51
Resistance: 93.50 / 95.00 / 96.27
Support: 93.00 / 92.00 /...
General Electric Company - 30d expiry - We look to Buy at 111.71 (stop at 108.71)
The primary trend remains bullish.
There is no clear indication that the upward move is coming to an end.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 111.54.
We look to buy dips....
CHN50 - 24h expiry - We look to Buy at 13030 (stop at 12910)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 13518.
A Doji style candle has been posted from the high. A lower correction is expected.
Short term bias has turned positive. We therefore, prefer to fade into the dip with a tight...
AUDUSD is rising towards an overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.67210
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.67929
Why we like it:
There is a pullback resistance that aligns above the 78.6% Fibonacci...
GBPUSD could fall towards a pullback support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.27510
Why we like it:
There is a pullback suppport close to a recent swing-low
Stop Loss: 1.26775
Why we like it:
There is an overlap support that aligns under the 78.6% Fibonacci retracement level
Take Profit:...
