GBPJPY could fall towards a pullback support and potentially bounce off this level to rise higher towards our take-profit target. Entry: 185.84 Why we like it: There is a pullback support Stop Loss: 184.33 Why we like it: There is a pullback support that Take Profit: 187.41 Why we like it: There is a pullback resistance level Please be advised that the...
USDCAD has just reacted off an overlap resistance and could potentially fall towards our take-profit target. 1.3768 97.506 Why we like it: There is an overlap resistance level Stop Loss: 1.3841 Why we like it: There is an overlap resistance level Take Profit: 1.3666 Why we like it: There is a swing-low support level Please be advised that the information...
EURUSD could fall towards a pullback support and potentially bounce off this level to rise higher towards our take profit target. Entry: 1.0797 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1.0747 Why we like it: There is a pullback support that Take Profit: 1.0882 Why we like it: There is a multi...
XAUUSD has just reacted off overlap resistance and could potentially fall towards our take profit target. Entry: 1946.98 Why we like it: There is an overlap resistance Stop Loss: 1956 Why we like it: There is a pullback resistance level Take Profit: 1932.88 Why we like it: There is an overlap support, Please be advised that the information presented on...
EURUSD is currently at an overlap resistance and could potentially fall towards our take profit target. Entry: 11.0697 Why we like it: There is an overlap resistance Stop Loss: 1.0731 Why we like it: Above the swing high resistance level Take Profit: 1.0663 Why we like it: There is an overlap support, Please be advised that the information presented on...
XAUUSD is rising toward an overlap resistance and could potentially react off resistance and fall towards our take profit target. Entry: 1.3829 Why we like it: There is an overlap resistance Stop Loss: 1.3890 Why we like it: There is a multi swing high resistance level Take Profit: 1.3750 Why we like it: There is an overlap support, Please be advised that the...
XAUUSD has just reacted off overlap resistance and could potentially fall towards our take profit target. Entry: 1946.24 Why we like it: There is an overlap resistance Stop Loss: 1957 Why we like it: There is a pullback resistance level Take Profit: 1932 Why we like it: There is an overlap support, Please be advised that the information presented on...
Gold (XAUUSD) is falling towards our take profit. Please Wait for a price to pullback to our sell entry Entry: 1973 Why we like it: There is a pullback resistance Stop Loss: 11992 Why we like it: There is an overlap resistance Take Profit: 1950 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView...
Bitcoin - 24h expiry - We look to Buy a break of 22666 (stop at 22106) Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. We are trading at oversold extremes. Although the bears are in control, the stalling negative...
CHN50 - 24h expiry - We look to Buy at 13350 (stop at 13245) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The 50% Fibonacci retracement is located at 13357 from 13116 to 13599. Further upside is expected although we prefer to buy into dips close to the 13350 level....
NIK225 - 24h expiry - We look to Buy at 27280 (stop at 27140) Although the bears are in control, the stalling negative 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. We therefore, prefer to fade into the dip with a...
Waste Management, Inc - 30d expiry - We look to Buy a break of 155.81 (stop at 152.21) The primary trend remains bullish. Price action continued to range between key support & resistanc ence for trading is higher highs and lows. A break of the recent high at 155.49 should result in a further move higher. This is curremtly an actively traded stock. Our...
Kellogg Company - 30d expiry - We look to Buy at 66.71 (stop at 65.04) Levels below 67 continue to attract buyers. Bespoke support is located at 67. 66.45 has been pivotal. Preferred trade is to buy on dips. The primary trend remains bullish. We are trading at oversold extremes. Bullish divergence is expected to support prices. Our profit targets will be...
Palo Alto Networks - 30d expiry - We look to Sell at 177.77 (stop at 184.04) Levels above 178 continue to attract sellers. 179 has been pivotal. The previous swing high is located at 178.97. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Resistance could prove difficult to breakdown. Our profit targets...
NASDAQ - Intraday - We look to Buy at 12272 (stop at 12200) Selling pressure from 12744 resulted in all the initial daily gains being overturned. An overnight negative theme in Equities has led to a lower open this morning. A Fibonacci confluence area is located at 12272. Intraday signals are far from strong. Dip buying offers good risk/reward. Our profit...
XCUUSD - Intraday - We look to Buy at 4.024 (stop at 3.984) Selling posted in Asia. The bullish engulfing candle on the daily chart is positive for sentiment. Short term momentum is bearish. A lower correction is expected. We expect prices to stall close to our bespoke level (4.020). Our profit targets will be 4.124 and 4.144 Resistance: 4.080 / 4.100 /...
CHN50 - 24h expiry - We look to Buy at 13540 (stop at 13470) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 13455. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart...
EURAUD - 24h expiry - We look to Buy at 1.5350 (stop at 1.5250) Previous support located at 1.5350. Previous resistance located at 1.5500. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.5500 will confirm the bullish momentum. Our profit targets will be 1.5600 and 1.5650 Resistance:...