Market analysis from Vantage
USDJPY is approaching our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 134.772 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement Stop Loss: 135.877 Why we like it: There is an overlap resistance Take Profit: 133.775 Why we like it: There is an overlap...
HS50 - 24h expiry - We look to Buy at 20260 (stop at 20090) Selling pressure from 20753 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Short term bias is mildly bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15) Short term bias has turned negative. Posted a bearish Flag formation. A break of 40.43 is needed to confirm the outlook. 40.43 has been pivotal. The bias is to break to the downside. Trading has been mixed and volatile. The medium term bias is neutral. Our profit...
Ethereum - 24h expiry - We look to Buy a break of 2151 (stop at 2096) There is no clear indication that the upward move is coming to an end. Our short term bias remains positive. A break of the recent high at 2146 should result in a further move higher. We look for gains to be extended today. Our outlook is bullish. Our profit targets will be 2281 and 2301...
DJ30 is approaching our sell entry and potentially reverse from here. We could see price move down to our take profit target. Entry: 34136.35 Why we like it: There is a swing-high resistance Stop Loss: 34389.35 Why we like it: There is an overlap resistance that aligns with the -27.2% Fibonacci expansion Take Profit: 33840.50 Why we like it: There is an overlap...
DXY is approaching our buy entry and potentially reverse from here. We could see price bounce to our take profit target. Entry: 101.504 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement Stop Loss: 100.788 Why we like it: There is a swing-low support Take Profit: 102.275 Why we like it: There is an overlap...
GBPUSD is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target. Entry: 1.24518 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 1.25465 Why we like it: There is a swing-high resistance Take Profit: 1.23492 Why we like it: There is an overlap...
EURUSD is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target. Entry: 1.09999 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 1.10752 Why we like it: There is a swing-high resistance Take Profit: 1.09123 Why we like it: There is an overlap...
Wix.Com - 30d expiry - We look to Buy at 84.11 (stop at 78.61) Trading within a Bullish Channel formation. Trend line support is located at 83.75. We look to buy dips. This stock has seen good sales growth. Expect trading to remain mixed and volatile. We look for a temporary move lower. Our profit targets will be 97.61 and 99.61 Resistance: 93.00 /...
NIK225 - 24h expiry - We look to Buy at 28250 (stop at 28075) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. Preferred trade is to buy on dips. Our profit...
Bitcoin - 24h expiry - We look to Sell a break of 29598 (stop at 30401) We are trading at overbought extremes. The bearish engulfing candle on the daily chart is negative for sentiment. A Doji style candle has been posted from the high. 30984 has been pivotal. Although the bulls are in control, the stalling positive momentum indicates a turnaround is...
BTCUSD is approaching our buy entry and potentially bounce from here. We could see price move up to our take profit target. Entry: 29657 Why we like it: There is an overlap support that aligns close to the 38.2 Fibonacci retracement Stop Loss: 28936 Why we like it: There is an overlap support that aligns close to the 61.8% Fibonacci retracement Take Profit:...
US500 is approaching our sell entry and potentially reverse from here. We could see price move dowm to our take profit target. Entry: 4160.70 Why we like it: There is an overlap resistance at the recent swing-high Stop Loss: 4192.95 Why we like it: There is a swing-high resistance Take Profit: 4078.20 Why we like it: There is an overlap support that aligns with...
EURUSD is close to our buy entry and price could drop to this support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.09580 Why we like it: There is an overlap support Stop Loss: 1.09055 Why we like it: There is an overlap support Take Profit: 1.10752 Why we like it: There is a recent swing-high...
GBPUSD is close to our buy entry. Price could drop to this support level and potentially bounce from here. We could see price move up to our take profit target. Entry: 1.23378 Why we like it: There is an overlap support that aligns with the 78.6% Fibonacci retracement Stop Loss: 1.22713 Why we like it: There is a recent swing-low support Take Profit:...
Bitcoin - 24h expiry - We look to Buy a break of 31111 (stop at 30311) Price action is forming a bullish flag which has a bias to break to the upside. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 30984 should result in a further move higher. We look for gains to be extended...
Walmart - 24h expiry - We look to Buy at 139.11 (stop at 134.61) Levels below 140 continue to attract buyers. The primary trend remains bullish. This stock has seen good sales growth. Preferred trade is to buy on dips. A higher correction is expected. Our profit targets will be 150.11 and 152.11 Resistance: 150.00 / 151.12 / 153.00 Support: 148.15 /...
USDJPY is approaching our buy entry and potentially bounce from this level. We could see price move up to our take profit target. Entry: 131.812 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci retracement Stop Loss: 130.488 Why we like it: There is an overlap support Take Profit: 133.828 Why we like it: There is an overlap...