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 /...
NZDUSD is falling towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 0.63147
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 0.62758
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Take Profit:...
BTCUSD could drop to a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 27221
Why we like it:
There is an overlap support
Stop Loss: 26707
Why we like it:
There is an overlap support
Take Profit: 28356
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement
Please be...
DXY is approaching a key resistance level and reverse from here. We could see price move down to our take profit target.
Entry: 101.880
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 102.260
Why we like it:
There is an overlap resistance
Take Profit: 101.027
Why we like it:
There is an overlap...
USDCHF is approaching a key resistance level and reverse from here. We could see price move down to our take profit target.
Entry: 0.89431
Why we like it:
There is an overlap resistance
Stop Loss: 0.89756
Why we like it:
There is an overlap resistance
Take Profit: 0.88643
Why we like it:
There is an overlap support close to the 78.6% Fibonacci...
BLACKROCK - 30d expiry - We look to Sell a break of 618.88 (stop at 645.88)
Intraday signals are bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
620 has been pivotal.
A break of the recent low at 620 should result in a further move lower.
This stock has recently been in the news headlines.
Short term momentum is...
CHN50 - 24h expiry - We look to Buy at 13005 (stop at 12925)
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Our short term bias remains positive.
The hourly chart technicals suggests further downside before the uptrend returns.
Further upside is expected although we...
XRP - 24h expiry - We look to Sell at 0.4494 (stop at 0.4614)
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Previous support, now becomes resistance at 0.4500.
Our profit targets will be 0.4194 and 0.4134...
GBPUSD could fall towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 1.25465
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement
Stop Loss: 1.24852
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
Take Profit:...
US500 is falling towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 4058.45
Why we like it:
There is an overlap support at the recent swing-lows
Stop Loss: 4016.35
Why we like it:
There is an overlap support
Take Profit: 4132.25
Why we like it:
There is an overlap resistance that aligns with the...
XAUUSD could fall towards a key support level and reverse from here. We could see price bounce up to our take profit target.
Entry: 2010.000
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement
Stop Loss: 1998.065
Why we like it:
There is an overlap support that aligns with the 78.6% Fibonacci retracement
Take Profit:...
GER30 is approaching a key resistance level and 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: 16152.18
Why we like it:
There is an overlap resistance that sits slightly above the 127.2% Fibonacci extension
Take Profit: 15641.60
Why we...
Bristol-Myers Squibb Co - 30d expiry - We look to Buy a break of 71.21 (stop at 68.61)
Prices have reacted from 65.28.
65.28 has been pivotal.
Posted a Double Top formation.
71.07 has been pivotal.
A break of the recent high at 71.07 should result in a further move higher.
This stock has seen good sales growth.
Our profit targets will be 77.71 and 78.71...
Litecoin - 24h expiry
Previous support at 84.00 now becomes resistance.
We look for a temporary move higher.
Our short term bias remains negative.
50 4hour EMA is at 84.33.
We are trading at oversold extremes.
We look to Sell at 84.23 (stop at 87.23)
Our profit targets will be 77.23 and 75.23
Resistance: 80.00 / 82.00 / 84.00
Support: 76.60 / 75.20 /...
CHN50 - 24h expiry
Selling posted in Asia.
The current move lower is expected to continue.
Short term bias has turned positive.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is expected although we prefer to buy into dips close to the 13200 level.
We look to Buy at 13205 (stop at 13125)...
